Debt service as a proportion of exports of goods, services and in Latin America and the Caribbean
Latin America and the Caribbean: Debt service as a proportion of exports of goods, services and was 9.4% in 2024. ▼ Falling
Latest (2024)
9.4%
Change on year
up 10.6%
Rank
8th
of 17 groups
All-time high
23.2%
in 2000
All-time low
5.8%
in 2014
Years of data
25
2000–2024
Debt service as a proportion of exports of goods, services and in Latin America and the Caribbean, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, debt service as a proportion of exports of goods, services and in Latin America and the Caribbean stood at 9.4%.
That represents a change of up 10.6% on the previous year and up 61.0% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Latin America and the Caribbean peaked at 23.2% in 2000 and was at its lowest, 5.8%, in 2014.
The long-run direction has been consistently falling across the 25 years of available data.
Debt service as a proportion of exports of goods, services and in Latin America and the Caribbean, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 23.2% | — |
| 2001 | 18.4% | -20.8% |
| 2002 | 18.8% | +2.3% |
| 2003 | 21.9% | +16.7% |
| 2004 | 16.2% | -26.0% |
| 2005 | 16.9% | +3.9% |
| 2006 | 16.0% | -5.1% |
| 2007 | 9.5% | -40.7% |
| 2008 | 8.0% | -16.0% |
| 2009 | 8.8% | +10.8% |
| 2010 | 7.0% | -21.3% |
| 2011 | 6.1% | -12.2% |
| 2012 | 6.7% | +10.6% |
| 2013 | 6.4% | -5.4% |
| 2014 | 5.8% | -8.8% |
| 2015 | 9.2% | +58.2% |
| 2016 | 11.0% | +19.4% |
| 2017 | 11.9% | +7.9% |
| 2018 | 10.5% | -11.6% |
| 2019 | 12.4% | +18.5% |
| 2020 | 11.3% | -9.5% |
| 2021 | 9.6% | -14.4% |
| 2022 | 7.3% | -24.1% |
| 2023 | 8.5% | +15.8% |
| 2024 | 9.4% | +10.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.8% | 8.0% | 23.2% | 10 |
| 2010s | 8.7% | 5.8% | 12.4% | 10 |
| 2020s | 9.2% | 7.3% | 11.3% | 5 |
Countries ranked near Latin America and the Caribbean
More economy & growth data for Latin America and the Caribbean
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Frequently asked questions
- What is debt service as a proportion of exports of goods, services and in Latin America and the Caribbean?
- Debt service as a proportion of exports of goods, services and in Latin America and the Caribbean was 9.4% in 2024, 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 Latin America and the Caribbean?
- The highest recorded value was 23.2% in 2000.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Latin America and the Caribbean?
- The lowest recorded value was 5.8% in 2014.
- How does Latin America and the Caribbean rank for debt service as a proportion of exports of goods, services and?
- Latin America and the Caribbean ranks 8th out of 17 groups with data for 2024.
- Is debt service as a proportion of exports of goods, services and rising or falling in Latin America and the Caribbean?
- Over the last ten years it is up 61.0%. The long-run trend across the full record is falling.
- Where does this Latin America and the 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.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).