Latin America & Caribbean vs Mongolia: Total debt service
Latin America & Caribbean
5.3%
in 2024
Mongolia
25.7%
in 2024
Latin America & Caribbean rank
5th
Mongolia rank
2nd
Total debt service over time
- Latin America & Caribbean
- Mongolia
How they compare
Mongolia currently reports 25.7% against 5.3% in Latin America & Caribbean, a difference of 20.4%.
That makes Mongolia's figure about 4.8 times Latin America & Caribbean's.
The two have swapped places 8 times across 33 shared years of data; in 1992 it was Mongolia ahead.
Latin America & Caribbean ranks 5th and Mongolia ranks 2nd of 32 groups.
Across the 4 decades both report, Latin America & Caribbean averaged higher in 2 and Mongolia in 2.
Head to head by decade
| Decade | Latin America & Caribbean | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.1% | 4.0% | 1.1% | Latin America & Caribbean |
| 2000s | 5.9% | 4.1% | 1.8% | Latin America & Caribbean |
| 2010s | 4.5% | 26.2% | 21.8% | Mongolia |
| 2020s | 6.6% | 24.4% | 17.8% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total debt service, Latin America & Caribbean or Mongolia?
- Mongolia, at 25.7% against 5.3% in Latin America & Caribbean as of 2024.
- What is the difference in total debt service between Latin America & Caribbean and Mongolia?
- 20.4%, with Mongolia ahead.
- How many years of comparable data are there for Latin America & Caribbean and Mongolia?
- 33 years are reported by both, from 1992 to 2024.
- How do Latin America & Caribbean and Mongolia rank globally for total debt service?
- Latin America & Caribbean ranks 5th and Mongolia ranks 2nd of 32 groups.
- Where does this data come from?
- International Debt Statistics, World Bank (WB), published as Total debt service (% of GNI). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.