Total debt service in Lower middle income
Lower middle income: Total debt service was 14.5% in 2024. ▼ Falling
Total debt service in Lower middle income, 1977–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, total debt service in Lower middle income stood at 14.5%.
Compared with earlier readings it is up 9.7% on the previous year and up 8.7% over ten years.
Over the whole period, total debt service in Lower middle income peaked at 32.3% in 1986 and was at its lowest, 7.5%, in 2011.
The long-run direction has been consistently falling across the 48 years of available data.
Total debt service in Lower middle income, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1977 | 10.2% | — |
| 1978 | 13.2% | +28.8% |
| 1979 | 12.1% | -8.6% |
| 1980 | 14.0% | +15.8% |
| 1981 | 18.4% | +32.0% |
| 1982 | 22.9% | +24.3% |
| 1983 | 25.1% | +9.4% |
| 1984 | 26.1% | +3.9% |
| 1985 | 28.5% | +9.3% |
| 1986 | 32.3% | +13.3% |
| 1987 | 28.4% | -11.9% |
| 1988 | 28.7% | +1.0% |
| 1989 | 26.7% | -6.9% |
| 1990 | 25.5% | -4.4% |
| 1991 | 24.8% | -2.9% |
| 1992 | 23.8% | -4.2% |
| 1993 | 22.7% | -4.3% |
| 1994 | 23.7% | +4.1% |
| 1995 | 23.1% | -2.6% |
| 1996 | 19.5% | -15.6% |
| 1997 | 17.9% | -7.9% |
| 1998 | 18.1% | +1.0% |
| 1999 | 18.3% | +1.0% |
| 2000 | 17.0% | -7.0% |
| 2001 | 18.1% | +6.6% |
| 2002 | 18.5% | +2.0% |
| 2003 | 19.5% | +5.5% |
| 2004 | 14.1% | -27.6% |
| 2005 | 13.1% | -7.2% |
| 2006 | 10.7% | -18.7% |
| 2007 | 10.9% | +1.9% |
| 2008 | 8.0% | -26.1% |
| 2009 | 8.3% | +3.6% |
| 2010 | 7.9% | -5.2% |
| 2011 | 7.5% | -5.3% |
| 2012 | 7.5% | +0.8% |
| 2013 | 8.4% | +10.9% |
| 2014 | 13.4% | +60.2% |
| 2015 | 11.4% | -15.1% |
| 2016 | 15.0% | +31.8% |
| 2017 | 12.1% | -18.9% |
| 2018 | 12.6% | +4.0% |
| 2019 | 12.7% | +0.7% |
| 2020 | 15.0% | +18.2% |
| 2021 | 12.0% | -20.4% |
| 2022 | 11.7% | -2.1% |
| 2023 | 13.3% | +13.2% |
| 2024 | 14.5% | +9.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.8% | 10.2% | 13.2% | 3 |
| 1980s | 25.1% | 14.0% | 32.3% | 10 |
| 1990s | 21.7% | 17.9% | 25.5% | 10 |
| 2000s | 13.8% | 8.0% | 19.5% | 10 |
| 2010s | 10.8% | 7.5% | 15.0% | 10 |
| 2020s | 13.3% | 11.7% | 15.0% | 5 |
Countries ranked near Lower middle income
- 1 El Salvador 96.2% compare
- 2 Haiti 63.2% compare
- 3 Egypt 49.2% compare
- 4 Kazakhstan 48.4% compare
- 5 Mozambique 46.5% compare
- 6 Papua New Guinea 43.3% compare
- 7 Colombia 43.0% compare
More economy & growth data for Lower middle income
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0111 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 80.81 billion BoP, current US$ (2025)
- Final consumption expenditure (current US$), annual growth rate 6.07 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1,785 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.7194 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -30.1 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6.82 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 1,817 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.7321 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 0.1201 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is total debt service in Lower middle income?
- Total debt service in Lower middle income was 14.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Lower middle income?
- The highest recorded value was 32.3% in 1986.
- What is the lowest total debt service recorded in Lower middle income?
- The lowest recorded value was 7.5% in 2011.
- How does Lower middle income rank for total debt service?
- Lower middle income ranks 4th out of 12 groups with data for 2024.
- Is total debt service rising or falling in Lower middle income?
- Over the last ten years it is up 8.7%. The long-run trend across the full record is falling.
- Where does this Lower 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.