Total debt service in Colombia
Colombia: Total debt service was 8.2% in 2024. ▲ Rising
Total debt service in Colombia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, total debt service in Colombia stood at 8.2%.
The figure is up 2.9% on the previous year and up 100.2% over ten years.
Over the whole period, total debt service in Colombia peaked at 10.6% in 1989 and was at its lowest, 2.1%, in 1977.
Colombia ranks 23rd of 122 countries on this measure, in the top quarter.
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 GNI | Change |
|---|---|---|
| 1970 | 4.1% | — |
| 1971 | 3.6% | -12.1% |
| 1972 | 4.0% | +9.4% |
| 1973 | 3.6% | -8.7% |
| 1974 | 3.5% | -2.9% |
| 1975 | 2.6% | -26.7% |
| 1976 | 2.6% | +0.9% |
| 1977 | 2.1% | -20.6% |
| 1978 | 2.2% | +4.7% |
| 1979 | 2.6% | +20.4% |
| 1980 | 2.9% | +12.6% |
| 1981 | 3.2% | +8.7% |
| 1982 | 4.0% | +25.0% |
| 1983 | 4.3% | +8.5% |
| 1984 | 4.5% | +3.8% |
| 1985 | 6.0% | +33.2% |
| 1986 | 6.8% | +13.5% |
| 1987 | 8.2% | +20.7% |
| 1988 | 8.9% | +8.6% |
| 1989 | 10.6% | +18.7% |
| 1990 | 8.5% | -19.1% |
| 1991 | 8.0% | -6.1% |
| 1992 | 7.1% | -11.0% |
| 1993 | 5.8% | -19.2% |
| 1994 | 6.9% | +20.4% |
| 1995 | 4.8% | -30.8% |
| 1996 | 5.7% | +18.7% |
| 1997 | 4.4% | -23.8% |
| 1998 | 4.7% | +8.0% |
| 1999 | 7.8% | +66.6% |
| 2000 | 5.3% | -32.7% |
| 2001 | 6.6% | +25.6% |
| 2002 | 7.2% | +8.6% |
| 2003 | 9.4% | +31.4% |
| 2004 | 6.8% | -27.8% |
| 2005 | 7.2% | +6.1% |
| 2006 | 6.3% | -12.5% |
| 2007 | 4.3% | -32.0% |
| 2008 | 3.4% | -20.9% |
| 2009 | 3.9% | +15.0% |
| 2010 | 3.5% | -9.6% |
| 2011 | 3.2% | -9.6% |
| 2012 | 4.3% | +35.0% |
| 2013 | 2.7% | -36.7% |
| 2014 | 4.1% | +49.4% |
| 2015 | 4.9% | +20.5% |
| 2016 | 5.7% | +15.2% |
| 2017 | 7.3% | +29.4% |
| 2018 | 7.5% | +2.3% |
| 2019 | 6.1% | -18.9% |
| 2020 | 8.1% | +33.3% |
| 2021 | 8.0% | -0.9% |
| 2022 | 8.2% | +1.5% |
| 2023 | 7.9% | -2.6% |
| 2024 | 8.2% | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.1% | 2.1% | 4.1% | 10 |
| 1980s | 5.9% | 2.9% | 10.6% | 10 |
| 1990s | 6.4% | 4.4% | 8.5% | 10 |
| 2000s | 6.1% | 3.4% | 9.4% | 10 |
| 2010s | 4.9% | 2.7% | 7.5% | 10 |
| 2020s | 8.1% | 7.9% | 8.2% | 5 |
Countries ranked near Colombia
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)
- Manufacturing, value added (current US$), per unit of GDP 0.099 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 847.2 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 401.07 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 3.43 million current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0901 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 771.82 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 2.12 million constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 1.06 % change on previous year (2025)
Frequently asked questions
- What is total debt service in Colombia?
- Total debt service in Colombia was 8.2% 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 10.6% in 1989.
- What is the lowest total debt service recorded in Colombia?
- The lowest recorded value was 2.1% in 1977.
- How does Colombia rank for total debt service?
- Colombia ranks 23rd out of 122 countries with data for 2024.
- Is total debt service rising or falling in Colombia?
- Over the last ten years it is up 100.2%. 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 GNI). Statizoid updates them automatically from the source API.
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About this data
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.