Total debt service in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Total debt service was 5.5% in 2024. ◆ Volatile
Total debt service in Europe & Central Asia (IDA & IBRD countries), 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, total debt service in Europe & Central Asia (IDA & IBRD countries) stood at 5.5%.
Compared with earlier readings it is down 4.9% on the previous year and down 11.2% over ten years.
Over the whole period, total debt service in Europe & Central Asia (IDA & IBRD countries) peaked at 9.5% in 2020 and was at its lowest, 0.7%, in 1974.
That places Europe & Central Asia (IDA & IBRD countries) 3rd 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 (IDA & IBRD countries), 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 | 2.8% | +16.0% |
| 1982 | 3.8% | +37.6% |
| 1983 | 4.5% | +17.5% |
| 1984 | 4.9% | +9.0% |
| 1985 | 6.9% | +43.1% |
| 1986 | 6.4% | -7.7% |
| 1987 | 7.0% | +9.7% |
| 1992 | 1.5% | -78.2% |
| 1993 | 1.5% | -1.1% |
| 1994 | 2.4% | +56.4% |
| 1995 | 2.8% | +16.0% |
| 1996 | 2.9% | +5.0% |
| 1997 | 2.9% | -1.2% |
| 1998 | 4.7% | +63.4% |
| 1999 | 6.6% | +41.8% |
| 2000 | 6.8% | +2.2% |
| 2001 | 7.7% | +13.4% |
| 2002 | 7.3% | -5.4% |
| 2003 | 6.9% | -4.7% |
| 2004 | 5.9% | -14.7% |
| 2005 | 7.1% | +20.3% |
| 2006 | 6.5% | -8.6% |
| 2007 | 5.8% | -11.4% |
| 2008 | 6.8% | +17.9% |
| 2009 | 9.2% | +36.3% |
| 2010 | 6.9% | -25.4% |
| 2011 | 5.2% | -25.1% |
| 2012 | 4.9% | -6.1% |
| 2013 | 5.3% | +9.9% |
| 2014 | 6.2% | +16.4% |
| 2015 | 9.0% | +44.7% |
| 2016 | 8.7% | -3.2% |
| 2017 | 7.9% | -8.5% |
| 2018 | 8.9% | +12.1% |
| 2019 | 8.3% | -6.4% |
| 2020 | 9.5% | +13.6% |
| 2021 | 7.4% | -21.9% |
| 2022 | 6.7% | -10.1% |
| 2023 | 5.8% | -12.9% |
| 2024 | 5.5% | -4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.3% | 0.7% | 2.1% | 10 |
| 1980s | 4.8% | 2.4% | 7.0% | 8 |
| 1990s | 3.2% | 1.5% | 6.6% | 8 |
| 2000s | 7.0% | 5.8% | 9.2% | 10 |
| 2010s | 7.1% | 4.9% | 9.0% | 10 |
| 2020s | 7.0% | 5.5% | 9.5% | 5 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
- 1 El Salvador 35.5% compare
- 2 Mongolia 25.7% compare
- 3 Mozambique 22.4% compare
- 4 Suriname 20.5% compare
- 5 Papua New Guinea 20.4% compare
- 6 Zambia 17.3% compare
More economy & growth data for Europe & Central Asia (IDA & IBRD countries)
- General government final consumption expenditure (current US$), per 0.1823 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 5.09 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 8,599 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.562 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 17.66 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 1,688 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1103 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1.86 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 2,789 current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is total debt service in Europe & Central Asia (IDA & IBRD countries)?
- Total debt service in Europe & Central Asia (IDA & IBRD countries) was 5.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Europe & Central Asia (IDA & IBRD countries)?
- The highest recorded value was 9.5% in 2020.
- What is the lowest total debt service recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 0.7% in 1974.
- How does Europe & Central Asia (IDA & IBRD countries) rank for total debt service?
- Europe & Central Asia (IDA & IBRD countries) ranks 3rd out of 32 groups with data for 2024.
- Is total debt service rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is down 11.2%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (IDA & IBRD countries) 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.