Total debt service in Low & middle income
Low & middle income: Total debt service was 3.4% in 2024. ▼ Falling
Total debt service in Low & middle income, 1978–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Low & middle income recorded 3.4% for total debt service in 2024.
That represents a change of down 12.7% on the previous year and up 28.0% over ten years.
Over the whole period, total debt service in Low & middle income peaked at 5.8% in 1999 and was at its lowest, 2.3%, in 2011.
Low & middle income ranks 21st of 32 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 47 years of available data.
Total debt service in Low & middle income, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1978 | 3.9% | — |
| 1979 | 4.4% | +12.8% |
| 1980 | 4.5% | +1.3% |
| 1981 | 4.4% | -1.2% |
| 1982 | 4.8% | +9.0% |
| 1983 | 4.6% | -4.9% |
| 1984 | 4.6% | +0.1% |
| 1985 | 4.4% | -3.7% |
| 1986 | 4.5% | +1.9% |
| 1987 | 4.6% | +1.3% |
| 1988 | 5.0% | +9.2% |
| 1989 | 4.5% | -9.6% |
| 1990 | 4.1% | -9.8% |
| 1991 | 4.2% | +2.3% |
| 1992 | 4.3% | +1.7% |
| 1993 | 4.2% | -1.1% |
| 1994 | 3.9% | -6.9% |
| 1995 | 4.2% | +6.4% |
| 1996 | 4.4% | +5.9% |
| 1997 | 4.6% | +5.4% |
| 1998 | 4.7% | +1.4% |
| 1999 | 5.8% | +23.4% |
| 2000 | 5.7% | -2.3% |
| 2001 | 5.2% | -7.9% |
| 2002 | 5.2% | -0.9% |
| 2003 | 5.1% | -1.4% |
| 2004 | 4.3% | -16.3% |
| 2005 | 4.1% | -4.3% |
| 2006 | 4.0% | -3.2% |
| 2007 | 3.3% | -16.6% |
| 2008 | 2.8% | -15.0% |
| 2009 | 2.7% | -4.2% |
| 2010 | 2.5% | -8.9% |
| 2011 | 2.3% | -7.0% |
| 2012 | 2.3% | +2.9% |
| 2013 | 2.5% | +4.8% |
| 2014 | 2.6% | +7.6% |
| 2015 | 2.9% | +11.0% |
| 2016 | 3.4% | +15.1% |
| 2017 | 3.2% | -4.7% |
| 2018 | 3.3% | +3.2% |
| 2019 | 3.7% | +11.8% |
| 2020 | 3.7% | -1.5% |
| 2021 | 3.4% | -8.6% |
| 2022 | 3.5% | +5.6% |
| 2023 | 3.9% | +9.7% |
| 2024 | 3.4% | -12.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.2% | 3.9% | 4.4% | 2 |
| 1980s | 4.6% | 4.4% | 5.0% | 10 |
| 1990s | 4.4% | 3.9% | 5.8% | 10 |
| 2000s | 4.2% | 2.7% | 5.7% | 10 |
| 2010s | 2.9% | 2.3% | 3.7% | 10 |
| 2020s | 3.6% | 3.4% | 3.9% | 5 |
Countries ranked near Low & middle income
More economy & growth data for Low & middle income
- Agriculture, forestry, and fishing, value added 3.4% (2025)
- Imports of goods and services 10.10 trillion current US$ (2025)
- Imports of goods and services 24.3% (2025)
- External balance on goods and services 0.9% (2025)
- Trade 48.5% (2025)
- GDP (current US$), annual growth rate 5.03 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added 3.45 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 32.3% (2025)
- Industry (including construction), value added 4.2% (2025)
- Industry (including construction), value added 12.99 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is total debt service in Low & middle income?
- Total debt service in Low & middle income was 3.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Low & middle income?
- The highest recorded value was 5.8% in 1999.
- What is the lowest total debt service recorded in Low & middle income?
- The lowest recorded value was 2.3% in 2011.
- How does Low & middle income rank for total debt service?
- Low & middle income ranks 21st out of 32 groups with data for 2024.
- Is total debt service rising or falling in Low & middle income?
- Over the last ten years it is up 28.0%. The long-run trend across the full record is falling.
- Where does this Low & middle 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.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.