Total debt service in Low & middle income
Low & middle income: Total debt service was 13.1% in 2024. ▼ Falling
Total debt service in Low & middle income, 1982–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
The most recent figure for total debt service in Low & middle income is 13.1%, measured in 2024.
The figure is down 15.3% on the previous year and up 27.6% over ten years.
Over the whole period, total debt service in Low & middle income peaked at 33.1% in 1986 and was at its lowest, 8.2%, in 2011.
The long-run direction has been consistently falling across the 43 years of available data.
Total debt service in Low & middle income, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1982 | 29.6% | — |
| 1983 | 28.0% | -5.3% |
| 1984 | 28.3% | +1.0% |
| 1985 | 28.8% | +1.8% |
| 1986 | 33.1% | +14.9% |
| 1987 | 28.2% | -14.9% |
| 1988 | 29.1% | +3.4% |
| 1989 | 26.2% | -10.0% |
| 1990 | 22.6% | -13.8% |
| 1991 | 22.2% | -1.7% |
| 1992 | 21.8% | -2.0% |
| 1993 | 21.7% | -0.4% |
| 1994 | 20.1% | -7.3% |
| 1995 | 21.2% | +5.4% |
| 1996 | 22.2% | +4.7% |
| 1997 | 24.2% | +9.1% |
| 1998 | 24.0% | -1.0% |
| 1999 | 28.2% | +17.9% |
| 2000 | 25.0% | -11.3% |
| 2001 | 23.4% | -6.5% |
| 2002 | 22.2% | -5.3% |
| 2003 | 19.0% | -14.3% |
| 2004 | 14.7% | -22.8% |
| 2005 | 13.6% | -6.9% |
| 2006 | 12.6% | -7.6% |
| 2007 | 10.5% | -16.9% |
| 2008 | 8.9% | -14.8% |
| 2009 | 10.5% | +17.3% |
| 2010 | 9.1% | -12.7% |
| 2011 | 8.2% | -10.2% |
| 2012 | 8.6% | +5.4% |
| 2013 | 9.2% | +6.9% |
| 2014 | 10.2% | +10.9% |
| 2015 | 12.3% | +20.0% |
| 2016 | 14.8% | +20.3% |
| 2017 | 13.6% | -8.3% |
| 2018 | 13.6% | +0.4% |
| 2019 | 15.7% | +15.3% |
| 2020 | 16.3% | +3.7% |
| 2021 | 13.6% | -16.6% |
| 2022 | 13.4% | -1.5% |
| 2023 | 15.4% | +15.3% |
| 2024 | 13.1% | -15.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 28.9% | 26.2% | 33.1% | 8 |
| 1990s | 22.8% | 20.1% | 28.2% | 10 |
| 2000s | 16.0% | 8.9% | 25.0% | 10 |
| 2010s | 11.5% | 8.2% | 15.7% | 10 |
| 2020s | 14.3% | 13.1% | 16.3% | 5 |
Countries ranked near Low & middle income
- 4 Kazakhstan 48.4% compare
- 5 Mozambique 46.5% compare
- 6 Papua New Guinea 43.3% compare
- 7 Colombia 43.0% compare
- 8 Senegal 41.8% compare
- 9 Pakistan 39.5% compare
- 10 Argentina 38.3% compare
More economy & growth data for Low & middle income
- Foreign direct investment, net outflows (BoP, current US$), gaps 267.99 billion BoP, current US$ (2025)
- GDP (current US$), annual growth rate 5.03 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5761 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 3,519 current US$ per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 5.02 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5412 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 3,305 constant 2015 US$ per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.53 % change on previous year (2025)
- GDP (constant 2015 US$), per capita 5,732 constant 2015 US$ per person (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9385 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is total debt service in Low & middle income?
- Total debt service in Low & middle income was 13.1% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Low & middle income?
- The highest recorded value was 33.1% in 1986.
- What is the lowest total debt service recorded in Low & middle income?
- The lowest recorded value was 8.2% in 2011.
- How does Low & middle income rank for total debt service?
- Low & middle income ranks 7th out of 12 groups with data for 2024.
- Is total debt service rising or falling in Low & middle income?
- Over the last ten years it is up 27.6%. The long-run trend across the full record is falling.
- Where does this Low & middle income 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.