External debt stocks, total in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): External debt stocks, total was 2.00 trillion DOD, current US$ in 2024. ◆ Volatile
Latest (2024)
2.00 trillion DOD, current US$
Change on year
down 0.3%
Rank
6th
of 12 groups
All-time high
2.01 trillion DOD, current US$
in 2023
All-time low
28.12 billion DOD, current US$
in 1970
Years of data
55
1970–2024
External debt stocks, total in Latin America & Caribbean (excluding high income), 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, external debt stocks, total in Latin America & Caribbean (excluding high income) stood at 2.00 trillion DOD, current US$.
Compared with earlier readings it is down 0.3% on the previous year and up 26.7% over ten years.
Over the whole period, external debt stocks, total in Latin America & Caribbean (excluding high income) peaked at 2.01 trillion DOD, current US$ in 2023 and was at its lowest, 28.12 billion DOD, current US$, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, total in Latin America & Caribbean (excluding high income), year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 28.12 billion DOD, current US$ | — |
| 1971 | 31.51 billion DOD, current US$ | +12.0% |
| 1972 | 37.88 billion DOD, current US$ | +20.2% |
| 1973 | 45.21 billion DOD, current US$ | +19.4% |
| 1974 | 59.14 billion DOD, current US$ | +30.8% |
| 1975 | 71.39 billion DOD, current US$ | +20.7% |
| 1976 | 87.24 billion DOD, current US$ | +22.2% |
| 1977 | 111.89 billion DOD, current US$ | +28.3% |
| 1978 | 134.31 billion DOD, current US$ | +20.0% |
| 1979 | 158.48 billion DOD, current US$ | +18.0% |
| 1980 | 194.13 billion DOD, current US$ | +22.5% |
| 1981 | 238.44 billion DOD, current US$ | +22.8% |
| 1982 | 272.95 billion DOD, current US$ | +14.5% |
| 1983 | 292.40 billion DOD, current US$ | +7.1% |
| 1984 | 306.96 billion DOD, current US$ | +5.0% |
| 1985 | 317.78 billion DOD, current US$ | +3.5% |
| 1986 | 335.29 billion DOD, current US$ | +5.5% |
| 1987 | 369.37 billion DOD, current US$ | +10.2% |
| 1988 | 357.33 billion DOD, current US$ | -3.3% |
| 1989 | 356.75 billion DOD, current US$ | -0.2% |
| 1990 | 374.45 billion DOD, current US$ | +5.0% |
| 1991 | 388.53 billion DOD, current US$ | +3.8% |
| 1992 | 398.16 billion DOD, current US$ | +2.5% |
| 1993 | 436.08 billion DOD, current US$ | +9.5% |
| 1994 | 474.91 billion DOD, current US$ | +8.9% |
| 1995 | 539.84 billion DOD, current US$ | +13.7% |
| 1996 | 561.61 billion DOD, current US$ | +4.0% |
| 1997 | 592.38 billion DOD, current US$ | +5.5% |
| 1998 | 674.59 billion DOD, current US$ | +13.9% |
| 1999 | 706.06 billion DOD, current US$ | +4.7% |
| 2000 | 693.06 billion DOD, current US$ | -1.8% |
| 2001 | 709.90 billion DOD, current US$ | +2.4% |
| 2002 | 701.82 billion DOD, current US$ | -1.1% |
| 2003 | 741.76 billion DOD, current US$ | +5.7% |
| 2004 | 749.57 billion DOD, current US$ | +1.1% |
| 2005 | 687.52 billion DOD, current US$ | -8.3% |
| 2006 | 689.63 billion DOD, current US$ | +0.3% |
| 2007 | 778.62 billion DOD, current US$ | +12.9% |
| 2008 | 819.09 billion DOD, current US$ | +5.2% |
| 2009 | 852.69 billion DOD, current US$ | +4.1% |
| 2010 | 1.00 trillion DOD, current US$ | +17.8% |
| 2011 | 1.13 trillion DOD, current US$ | +12.8% |
| 2012 | 1.28 trillion DOD, current US$ | +12.8% |
| 2013 | 1.43 trillion DOD, current US$ | +11.9% |
| 2014 | 1.58 trillion DOD, current US$ | +10.4% |
| 2015 | 1.60 trillion DOD, current US$ | +1.3% |
| 2016 | 1.63 trillion DOD, current US$ | +2.1% |
| 2017 | 1.73 trillion DOD, current US$ | +5.8% |
| 2018 | 1.84 trillion DOD, current US$ | +6.3% |
| 2019 | 1.88 trillion DOD, current US$ | +2.3% |
| 2020 | 1.88 trillion DOD, current US$ | -0.1% |
| 2021 | 1.92 trillion DOD, current US$ | +2.3% |
| 2022 | 1.94 trillion DOD, current US$ | +1.0% |
| 2023 | 2.01 trillion DOD, current US$ | +3.4% |
| 2024 | 2.00 trillion DOD, current US$ | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 76.52 billion DOD, current US$ | 28.12 billion DOD, current US$ | 158.48 billion DOD, current US$ | 10 |
| 1980s | 304.14 billion DOD, current US$ | 194.13 billion DOD, current US$ | 369.37 billion DOD, current US$ | 10 |
| 1990s | 514.66 billion DOD, current US$ | 374.45 billion DOD, current US$ | 706.06 billion DOD, current US$ | 10 |
| 2000s | 742.37 billion DOD, current US$ | 687.52 billion DOD, current US$ | 852.69 billion DOD, current US$ | 10 |
| 2010s | 1.51 trillion DOD, current US$ | 1.00 trillion DOD, current US$ | 1.88 trillion DOD, current US$ | 10 |
| 2020s | 1.95 trillion DOD, current US$ | 1.88 trillion DOD, current US$ | 2.01 trillion DOD, current US$ | 5 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 3 Brazil 605.46 billion DOD, current US$ compare
- 4 Mexico 591.25 billion DOD, current US$ compare
- 5 Türkiye 514.99 billion DOD, current US$ compare
- 6 Indonesia 421.06 billion DOD, current US$ compare
- 7 Russian Federation 376.12 billion DOD, current US$ compare
- 8 Argentina 242.36 billion DOD, current US$ compare
- 9 Colombia 201.76 billion DOD, current US$ compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Exports of goods and services (constant 2015 US$), annual growth rate 6.17 % change on previous year (2025)
- Exports of goods and services (current US$), per capita 2,557 current US$ per person (2025)
- Exports of goods and services (current US$), per unit of GDP 0.2456 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), annual growth rate 6.05 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per capita 8,746 constant 2015 US$ per person (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.8404 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 2.44 % change on previous year (2025)
- Gross national expenditure (current US$), per capita 10,589 current US$ per person (2025)
- Gross national expenditure (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), annual growth rate 3.83 % change on previous year (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is external debt stocks, total in Latin America & Caribbean (excluding high income)?
- External debt stocks, total in Latin America & Caribbean (excluding high income) was 2.00 trillion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, total recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 2.01 trillion DOD, current US$ in 2023.
- What is the lowest external debt stocks, total recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 28.12 billion DOD, current US$ in 1970.
- How does Latin America & Caribbean (excluding high income) rank for external debt stocks, total?
- Latin America & Caribbean (excluding high income) ranks 6th out of 12 groups with data for 2024.
- Is external debt stocks, total rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 26.7%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks, total (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
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. Data are in current U.S. dollars.