Total debt service in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Total debt service was 8.0% in 2024. ◆ Volatile
Total debt service in Europe & Central Asia (excluding high income), 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Europe & Central Asia (excluding high income) recorded 8.0% for total debt service in 2024.
The figure is down 2.8% on the previous year and down 0.5% over ten years.
Over the whole period, total debt service in Europe & Central Asia (excluding high income) peaked at 11.6% in 2020 and was at its lowest, 0.7%, in 1974.
That places Europe & Central Asia (excluding high income) 1st out of 32 groups with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Europe & Central Asia (excluding high income), year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 1.0% | — |
| 1971 | 1.2% | +21.2% |
| 1972 | 1.6% | +29.9% |
| 1973 | 0.9% | -44.7% |
| 1974 | 0.7% | -15.7% |
| 1975 | 0.8% | +12.3% |
| 1976 | 1.2% | +40.6% |
| 1977 | 1.6% | +41.6% |
| 1978 | 2.1% | +26.3% |
| 1979 | 1.5% | -26.7% |
| 1980 | 2.4% | +57.0% |
| 1981 | 3.4% | +44.9% |
| 1982 | 4.7% | +37.2% |
| 1983 | 5.2% | +10.2% |
| 1984 | 5.5% | +6.0% |
| 1985 | 7.0% | +27.0% |
| 1986 | 6.1% | -13.5% |
| 1987 | 7.0% | +16.0% |
| 1988 | 8.5% | +21.2% |
| 1992 | 3.7% | -56.6% |
| 1993 | 2.9% | -22.7% |
| 1994 | 4.6% | +60.3% |
| 1995 | 3.9% | -14.7% |
| 1996 | 3.7% | -5.4% |
| 1997 | 3.7% | +0.8% |
| 1998 | 4.8% | +29.1% |
| 1999 | 6.6% | +37.7% |
| 2000 | 8.1% | +22.1% |
| 2001 | 9.6% | +18.7% |
| 2002 | 10.2% | +6.1% |
| 2003 | 8.5% | -17.0% |
| 2004 | 8.0% | -5.0% |
| 2005 | 8.4% | +4.4% |
| 2006 | 7.9% | -5.5% |
| 2007 | 8.5% | +7.5% |
| 2008 | 8.7% | +2.3% |
| 2009 | 10.8% | +24.2% |
| 2010 | 10.2% | -5.4% |
| 2011 | 8.9% | -13.6% |
| 2012 | 8.0% | -9.2% |
| 2013 | 8.9% | +11.0% |
| 2014 | 8.1% | -9.5% |
| 2015 | 9.6% | +19.4% |
| 2016 | 9.4% | -2.1% |
| 2017 | 10.4% | +10.5% |
| 2018 | 11.2% | +7.5% |
| 2019 | 11.1% | -1.0% |
| 2020 | 11.6% | +4.1% |
| 2021 | 9.4% | -19.0% |
| 2022 | 9.1% | -2.7% |
| 2023 | 8.3% | -9.4% |
| 2024 | 8.0% | -2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.3% | 0.7% | 2.1% | 10 |
| 1980s | 5.5% | 2.4% | 8.5% | 9 |
| 1990s | 4.2% | 2.9% | 6.6% | 8 |
| 2000s | 8.9% | 7.9% | 10.8% | 10 |
| 2010s | 9.6% | 8.0% | 11.2% | 10 |
| 2020s | 9.3% | 8.0% | 11.6% | 5 |
Countries ranked near Europe & Central Asia (excluding high income)
- 1 El Salvador 35.5% compare
- 2 Mongolia 25.7% compare
- 3 Mozambique 22.4% compare
- 4 Suriname 20.5% compare
More economy & growth data for Europe & Central Asia (excluding high income)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0062 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1.77 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,786 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1606 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$) 15.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 68.56 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 20.44 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 5.18 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0018 BoP, current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.7534 current US$ per US$ of GDP (2025)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is total debt service in Europe & Central Asia (excluding high income)?
- Total debt service in Europe & Central Asia (excluding high income) was 8.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Europe & Central Asia (excluding high income)?
- The highest recorded value was 11.6% in 2020.
- What is the lowest total debt service recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 0.7% in 1974.
- How does Europe & Central Asia (excluding high income) rank for total debt service?
- Europe & Central Asia (excluding high income) ranks 1st out of 32 groups with data for 2024.
- Is total debt service rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is down 0.5%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (excluding high income) 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.