External debt stocks in Middle income
Middle income: External debt stocks was 23.1% in 2024. ▲ Rising
External debt stocks in Middle income, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, external debt stocks in Middle income stood at 23.1%.
That represents a change of down 2.5% on the previous year and down 5.6% over ten years.
Over the whole period, external debt stocks in Middle income peaked at 38.9% in 1987 and was at its lowest, 13.1%, in 1970.
The long-run direction has been consistently rising across the 55 years of available data.
External debt stocks in Middle income, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 13.1% | — |
| 1971 | 14.0% | +7.2% |
| 1972 | 14.5% | +3.2% |
| 1973 | 13.7% | -5.4% |
| 1974 | 13.4% | -2.1% |
| 1975 | 14.7% | +9.8% |
| 1976 | 16.7% | +13.2% |
| 1977 | 19.6% | +17.9% |
| 1978 | 21.6% | +9.9% |
| 1979 | 21.9% | +1.2% |
| 1980 | 23.0% | +5.4% |
| 1981 | 24.8% | +7.7% |
| 1982 | 28.5% | +14.8% |
| 1983 | 30.9% | +8.6% |
| 1984 | 30.8% | -0.5% |
| 1985 | 32.5% | +5.7% |
| 1986 | 34.7% | +6.8% |
| 1987 | 38.9% | +11.9% |
| 1988 | 36.5% | -6.2% |
| 1989 | 35.3% | -3.1% |
| 1990 | 33.9% | -4.0% |
| 1991 | 36.9% | +9.0% |
| 1992 | 36.2% | -2.0% |
| 1993 | 36.5% | +0.7% |
| 1994 | 36.1% | -1.2% |
| 1995 | 35.5% | -1.5% |
| 1996 | 33.3% | -6.4% |
| 1997 | 32.3% | -2.8% |
| 1998 | 35.0% | +8.2% |
| 1999 | 36.3% | +3.9% |
| 2000 | 32.9% | -9.4% |
| 2001 | 33.4% | +1.4% |
| 2002 | 33.7% | +1.1% |
| 2003 | 32.5% | -3.7% |
| 2004 | 30.0% | -7.6% |
| 2005 | 25.1% | -16.2% |
| 2006 | 22.9% | -9.0% |
| 2007 | 21.6% | -5.7% |
| 2008 | 19.4% | -10.1% |
| 2009 | 21.0% | +8.2% |
| 2010 | 21.2% | +0.9% |
| 2011 | 20.9% | -1.4% |
| 2012 | 21.8% | +4.3% |
| 2013 | 23.5% | +7.6% |
| 2014 | 24.5% | +4.3% |
| 2015 | 23.5% | -3.9% |
| 2016 | 24.1% | +2.5% |
| 2017 | 24.8% | +2.8% |
| 2018 | 25.0% | +0.9% |
| 2019 | 25.7% | +2.6% |
| 2020 | 27.9% | +8.7% |
| 2021 | 25.5% | -8.5% |
| 2022 | 24.0% | -5.7% |
| 2023 | 23.7% | -1.4% |
| 2024 | 23.1% | -2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.3% | 13.1% | 21.9% | 10 |
| 1980s | 31.6% | 23.0% | 38.9% | 10 |
| 1990s | 35.2% | 32.3% | 36.9% | 10 |
| 2000s | 27.3% | 19.4% | 33.7% | 10 |
| 2010s | 23.5% | 20.9% | 25.7% | 10 |
| 2020s | 24.9% | 23.1% | 27.9% | 5 |
Countries ranked near Middle income
More economy & growth data for Middle income
- Exports of goods and services 10.34 trillion current US$ (2025)
- Final consumption expenditure 26.22 trillion current US$ (2024)
- Final consumption expenditure 25.71 trillion constant 2015 US$ (2025)
- Final consumption expenditure 4.4% (2025)
- Gross national expenditure 39.19 trillion current US$ (2024)
- Gross national expenditure 37.88 trillion constant 2015 US$ (2025)
- Gross fixed capital formation 12.49 trillion current US$ (2024)
- Gross capital formation 12.97 trillion current US$ (2024)
- Gross fixed capital formation 32.1% (2024)
- Households and NPISHs final consumption expenditure 52.5% (2024)
Frequently asked questions
- What is external debt stocks in Middle income?
- External debt stocks in Middle income was 23.1% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks recorded in Middle income?
- The highest recorded value was 38.9% in 1987.
- What is the lowest external debt stocks recorded in Middle income?
- The lowest recorded value was 13.1% in 1970.
- How does Middle income rank for external debt stocks?
- Middle income ranks 9th out of 12 groups with data for 2024.
- Is external debt stocks rising or falling in Middle income?
- Over the last ten years it is down 5.6%. The long-run trend across the full record is rising.
- Where does this Middle income data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.