Debt service as a proportion of exports of goods, services and in Caribbean
Caribbean: Debt service as a proportion of exports of goods, services and was 5.2% in 2023. ◆ Volatile
Debt service as a proportion of exports of goods, services and in Caribbean, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for debt service as a proportion of exports of goods, services and in Caribbean is 5.2%, measured in 2023.
Compared with earlier readings it is up 14.7% on the previous year and up 23.2% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Caribbean peaked at 17.5% in 2003 and was at its lowest, 3.8%, in 2012.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a proportion of exports of goods, services and in Caribbean, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 14.5% | — |
| 2001 | 14.6% | +0.4% |
| 2002 | 16.0% | +9.6% |
| 2003 | 17.5% | +9.4% |
| 2004 | 11.1% | -36.2% |
| 2005 | 10.2% | -8.6% |
| 2006 | 7.5% | -25.9% |
| 2007 | 6.5% | -14.1% |
| 2008 | 6.0% | -7.2% |
| 2009 | 5.7% | -5.2% |
| 2010 | 4.8% | -15.9% |
| 2011 | 4.3% | -9.7% |
| 2012 | 3.8% | -11.4% |
| 2013 | 4.2% | +9.2% |
| 2014 | 5.0% | +19.3% |
| 2015 | 5.4% | +8.1% |
| 2016 | 7.1% | +30.9% |
| 2017 | 5.1% | -28.1% |
| 2018 | 5.7% | +11.7% |
| 2019 | 5.4% | -4.2% |
| 2020 | 6.8% | +25.5% |
| 2021 | 5.4% | -20.6% |
| 2022 | 4.5% | -17.0% |
| 2023 | 5.2% | +14.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.0% | 5.7% | 17.5% | 10 |
| 2010s | 5.1% | 3.8% | 7.1% | 10 |
| 2020s | 5.5% | 4.5% | 6.8% | 4 |
Countries ranked near Caribbean
More economy & growth data for Caribbean
- Gross Domestic Product, GDP in millions constant 2021 international $ 828,667 (2027)
- Gross Domestic Product — Value US$ 592,877 million USD (2024)
- Gross Domestic Product — Value US$ per capita 13,606 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 8,773 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 382,272 million USD (2024)
- Gross Domestic Product — Annual growth US$ 6.85 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 6.36 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.07 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.59 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 0.3236 % (2024)
Frequently asked questions
- What is debt service as a proportion of exports of goods, services and in Caribbean?
- Debt service as a proportion of exports of goods, services and in Caribbean was 5.2% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Caribbean?
- The highest recorded value was 17.5% in 2003.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Caribbean?
- The lowest recorded value was 3.8% in 2012.
- How does Caribbean rank for debt service as a proportion of exports of goods, services and?
- Caribbean ranks 14th out of 17 countries with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Caribbean?
- Over the last ten years it is up 23.2%. The long-run trend across the full record is volatile.
- Where does this Caribbean data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
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