Total debt service in Colombia
Colombia: Total debt service was 43.0% in 2024. ▲ Rising
Latest (2024)
43.0%
Change on year
up 17.1%
World rank
7th
of 120 countries
All-time high
53.0%
in 2003
All-time low
11.3%
in 1977
Years of data
55
1970–2024
Total debt service in Colombia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, total debt service in Colombia stood at 43.0%.
The figure is up 17.1% on the previous year and up 98.7% over ten years.
Over the whole period, total debt service in Colombia peaked at 53.0% in 2003 and was at its lowest, 11.3%, in 1977.
That places Colombia 7th out of 120 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Total debt service in Colombia, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1970 | 28.5% | — |
| 1971 | 27.9% | -2.2% |
| 1972 | 27.4% | -1.6% |
| 1973 | 23.1% | -15.8% |
| 1974 | 22.0% | -4.6% |
| 1975 | 15.1% | -31.4% |
| 1976 | 13.7% | -9.4% |
| 1977 | 11.3% | -17.5% |
| 1978 | 12.1% | +7.1% |
| 1979 | 14.9% | +22.7% |
| 1980 | 16.6% | +11.7% |
| 1981 | 22.8% | +37.6% |
| 1982 | 30.5% | +33.4% |
| 1983 | 39.5% | +29.8% |
| 1984 | 30.9% | -21.8% |
| 1985 | 43.1% | +39.3% |
| 1986 | 34.1% | -20.9% |
| 1987 | 40.1% | +17.6% |
| 1988 | 47.6% | +18.7% |
| 1989 | 51.7% | +8.6% |
| 1990 | 43.1% | -16.6% |
| 1991 | 39.8% | -7.7% |
| 1992 | 41.4% | +4.0% |
| 1993 | 35.4% | -14.4% |
| 1994 | 49.2% | +38.9% |
| 1995 | 33.7% | -31.4% |
| 1996 | 39.2% | +16.1% |
| 1997 | 30.0% | -23.4% |
| 1998 | 31.7% | +5.6% |
| 1999 | 44.7% | +41.0% |
| 2000 | 30.6% | -31.6% |
| 2001 | 39.7% | +29.9% |
| 2002 | 45.8% | +15.3% |
| 2003 | 53.0% | +15.7% |
| 2004 | 37.9% | -28.5% |
| 2005 | 40.0% | +5.5% |
| 2006 | 32.8% | -17.9% |
| 2007 | 23.3% | -29.2% |
| 2008 | 17.4% | -25.2% |
| 2009 | 21.5% | +23.3% |
| 2010 | 20.1% | -6.4% |
| 2011 | 15.1% | -24.6% |
| 2012 | 21.1% | +39.2% |
| 2013 | 13.9% | -34.0% |
| 2014 | 21.6% | +55.5% |
| 2015 | 27.6% | +27.5% |
| 2016 | 33.2% | +20.1% |
| 2017 | 40.9% | +23.4% |
| 2018 | 40.8% | -0.3% |
| 2019 | 33.0% | -19.2% |
| 2020 | 50.8% | +54.0% |
| 2021 | 44.6% | -12.1% |
| 2022 | 33.8% | -24.2% |
| 2023 | 36.7% | +8.6% |
| 2024 | 43.0% | +17.1% |
Colombia compared with similar countries
- Colombia's 43.0% is above the median for upper middle income countries, which is 14.4%, 3.0× the median. (51 countries reporting)
- Colombia's 43.0% is above the median for Latin America & Caribbean, which is 19.8%, 2.2× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.6% | 11.3% | 28.5% | 10 |
| 1980s | 35.7% | 16.6% | 51.7% | 10 |
| 1990s | 38.8% | 30.0% | 49.2% | 10 |
| 2000s | 34.2% | 17.4% | 53.0% | 10 |
| 2010s | 26.7% | 13.9% | 40.9% | 10 |
| 2020s | 41.8% | 33.8% | 50.8% | 5 |
Countries ranked near Colombia
- 4 Kazakhstan 48.4% compare
- 5 Mozambique 46.5% compare
- 6 Papua New Guinea 43.3% compare
- 8 Senegal 41.8% compare
- 9 Pakistan 39.5% compare
- 10 Argentina 38.3% compare
More economy & growth data for Colombia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.41 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 4.82 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0105 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 90.31 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.57 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -15.44 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0253 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 216.58 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 6.31 % change on previous year (2025)
Frequently asked questions
- What is total debt service in Colombia?
- Total debt service in Colombia was 43.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Colombia?
- The highest recorded value was 53.0% in 2003.
- What is the lowest total debt service recorded in Colombia?
- The lowest recorded value was 11.3% in 1977.
- How does Colombia rank for total debt service?
- Colombia ranks 7th out of 120 countries with data for 2024.
- Is total debt service rising or falling in Colombia?
- Over the last ten years it is up 98.7%. The long-run trend across the full record is rising.
- Where does this Colombia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Total debt service to exports of goods, services and primary income. 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.