Total debt service in Late-demographic dividend
Late-demographic dividend: Total debt service was 2.8% in 2024. ▼ Falling
Total debt service in Late-demographic dividend, 1981–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Late-demographic dividend recorded 2.8% for total debt service in 2024.
Compared with earlier readings it is down 26.1% on the previous year and up 30.0% over ten years.
Over the whole period, total debt service in Late-demographic dividend peaked at 6.2% in 1999 and was at its lowest, 1.8%, in 2012.
That places Late-demographic dividend 27th out of 32 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 40 years of available data.
Total debt service in Late-demographic dividend, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1981 | 4.6% | — |
| 1982 | 4.8% | +3.5% |
| 1983 | 4.3% | -10.6% |
| 1984 | 4.1% | -5.3% |
| 1985 | 3.6% | -11.3% |
| 1986 | 3.7% | +1.7% |
| 1987 | 3.9% | +6.1% |
| 1992 | 2.5% | -36.8% |
| 1993 | 2.6% | +6.2% |
| 1994 | 2.8% | +8.1% |
| 1995 | 2.8% | -1.1% |
| 1996 | 2.8% | +1.1% |
| 1997 | 3.3% | +18.8% |
| 1998 | 4.2% | +26.6% |
| 1999 | 6.2% | +46.5% |
| 2000 | 5.2% | -16.5% |
| 2001 | 5.1% | -2.3% |
| 2002 | 5.0% | -0.1% |
| 2003 | 5.1% | +1.9% |
| 2004 | 3.7% | -27.4% |
| 2005 | 4.1% | +9.2% |
| 2006 | 3.5% | -14.5% |
| 2007 | 2.8% | -18.6% |
| 2008 | 2.8% | -1.9% |
| 2009 | 2.8% | -0.1% |
| 2010 | 2.2% | -20.5% |
| 2011 | 1.9% | -14.5% |
| 2012 | 1.8% | -5.3% |
| 2013 | 2.0% | +9.4% |
| 2014 | 2.2% | +10.9% |
| 2015 | 2.8% | +28.1% |
| 2016 | 3.0% | +8.6% |
| 2017 | 2.9% | -4.4% |
| 2018 | 3.1% | +7.8% |
| 2019 | 3.5% | +12.3% |
| 2020 | 3.4% | -4.0% |
| 2021 | 3.2% | -5.7% |
| 2022 | 3.5% | +10.4% |
| 2023 | 3.8% | +9.3% |
| 2024 | 2.8% | -26.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.1% | 3.6% | 4.8% | 7 |
| 1990s | 3.4% | 2.5% | 6.2% | 8 |
| 2000s | 4.0% | 2.8% | 5.2% | 10 |
| 2010s | 2.5% | 1.8% | 3.5% | 10 |
| 2020s | 3.3% | 2.8% | 3.8% | 5 |
Countries ranked near Late-demographic dividend
More economy & growth data for Late-demographic dividend
- Industry (including construction), value added (current US$), per 4,553 current US$ per person (2025)
- Industry (including construction), value added 4.6% (2025)
- Industry (including construction), value added 33.3% (2025)
- Industry (including construction), value added (current US$), annual 3.79 % change on previous year (2025)
- Services, value added 18.38 trillion current US$ (2025)
- Services, value added 16.42 trillion constant 2015 US$ (2025)
- Services, value added 57.7% (2025)
- Industry (including construction), value added (current US$), per 0.3329 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per unit of GDP 0.5766 current US$ per US$ of GDP (2025)
- Services, value added (current US$), annual growth rate 7.62 % change on previous year (2025)
Frequently asked questions
- What is total debt service in Late-demographic dividend?
- Total debt service in Late-demographic dividend was 2.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Late-demographic dividend?
- The highest recorded value was 6.2% in 1999.
- What is the lowest total debt service recorded in Late-demographic dividend?
- The lowest recorded value was 1.8% in 2012.
- How does Late-demographic dividend rank for total debt service?
- Late-demographic dividend ranks 27th out of 32 groups with data for 2024.
- Is total debt service rising or falling in Late-demographic dividend?
- Over the last ten years it is up 30.0%. The long-run trend across the full record is falling.
- Where does this Late-demographic dividend 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.