Total debt service in Upper middle income
Upper middle income: Total debt service was 12.7% in 2024. ▼ Falling
Total debt service in Upper middle income, 1982–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, total debt service in Upper middle income stood at 12.7%.
The figure is down 21.0% on the previous year and up 33.9% over ten years.
Over the whole period, total debt service in Upper middle income peaked at 33.5% in 1986 and was at its lowest, 8.4%, in 2011.
The long-run direction has been consistently falling across the 43 years of available data.
Total debt service in Upper middle income, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1982 | 32.5% | — |
| 1983 | 29.4% | -9.3% |
| 1984 | 28.9% | -1.7% |
| 1985 | 29.0% | +0.4% |
| 1986 | 33.5% | +15.5% |
| 1987 | 28.1% | -16.1% |
| 1988 | 29.3% | +4.2% |
| 1989 | 25.8% | -11.8% |
| 1990 | 21.4% | -17.0% |
| 1991 | 21.5% | +0.3% |
| 1992 | 21.3% | -0.7% |
| 1993 | 21.5% | +0.9% |
| 1994 | 19.2% | -10.8% |
| 1995 | 20.8% | +8.3% |
| 1996 | 23.2% | +11.4% |
| 1997 | 26.4% | +14.0% |
| 1998 | 25.9% | -2.1% |
| 1999 | 31.3% | +21.1% |
| 2000 | 27.5% | -12.2% |
| 2001 | 25.1% | -8.7% |
| 2002 | 23.4% | -6.9% |
| 2003 | 19.0% | -18.8% |
| 2004 | 14.9% | -21.7% |
| 2005 | 13.9% | -6.8% |
| 2006 | 13.2% | -5.2% |
| 2007 | 10.4% | -21.0% |
| 2008 | 9.2% | -11.7% |
| 2009 | 11.1% | +20.6% |
| 2010 | 9.5% | -14.0% |
| 2011 | 8.4% | -11.5% |
| 2012 | 9.0% | +6.4% |
| 2013 | 9.5% | +5.9% |
| 2014 | 9.5% | -0.2% |
| 2015 | 12.5% | +32.2% |
| 2016 | 14.8% | +17.8% |
| 2017 | 14.0% | -5.4% |
| 2018 | 13.9% | -0.6% |
| 2019 | 16.6% | +19.3% |
| 2020 | 16.6% | +0.3% |
| 2021 | 13.9% | -16.4% |
| 2022 | 13.8% | -0.6% |
| 2023 | 16.1% | +16.2% |
| 2024 | 12.7% | -21.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 29.6% | 25.8% | 33.5% | 8 |
| 1990s | 23.3% | 19.2% | 31.3% | 10 |
| 2000s | 16.8% | 9.2% | 27.5% | 10 |
| 2010s | 11.8% | 8.4% | 16.6% | 10 |
| 2020s | 14.6% | 12.7% | 16.6% | 5 |
Countries ranked near Upper middle income
- 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
- 11 Uzbekistan 36.0% compare
More economy & growth data for Upper middle income
- Foreign direct investment, net outflows (BoP, current US$), gaps 228.01 billion BoP, current US$ (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 3.62 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.3372 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 3,522 current US$ per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 2.14 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3068 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 3,341 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 4.7 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.2376 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 2,587 current US$ per person (2025)
Frequently asked questions
- What is total debt service in Upper middle income?
- Total debt service in Upper middle income was 12.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Upper middle income?
- The highest recorded value was 33.5% in 1986.
- What is the lowest total debt service recorded in Upper middle income?
- The lowest recorded value was 8.4% in 2011.
- How does Upper middle income rank for total debt service?
- Upper middle income ranks 8th out of 12 groups with data for 2024.
- Is total debt service rising or falling in Upper middle income?
- Over the last ten years it is up 33.9%. The long-run trend across the full record is falling.
- Where does this Upper 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.