Total debt service in Lower middle income
Lower middle income: Total debt service was 3.8% in 2024. ▲ Rising
Total debt service in Lower middle income, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Lower middle income recorded 3.8% for total debt service in 2024.
Compared with earlier readings it is up 13.8% on the previous year and up 9.8% over ten years.
Over the whole period, total debt service in Lower middle income peaked at 4.9% in 1995 and was at its lowest, 1.4%, in 1974.
Lower middle income ranks 15th of 32 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Total debt service in Lower middle income, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 2.3% | — |
| 1971 | 1.4% | -36.4% |
| 1972 | 1.7% | +14.6% |
| 1973 | 1.8% | +6.1% |
| 1974 | 1.4% | -21.9% |
| 1975 | 1.5% | +7.7% |
| 1976 | 1.9% | +27.0% |
| 1977 | 2.1% | +9.3% |
| 1978 | 2.2% | +8.8% |
| 1979 | 2.3% | +2.8% |
| 1980 | 2.8% | +23.4% |
| 1981 | 3.1% | +7.9% |
| 1982 | 3.2% | +4.0% |
| 1983 | 3.3% | +4.7% |
| 1984 | 3.4% | +2.4% |
| 1985 | 3.5% | +3.9% |
| 1986 | 4.1% | +16.1% |
| 1987 | 3.8% | -8.4% |
| 1988 | 3.8% | +1.7% |
| 1989 | 3.9% | +2.8% |
| 1990 | 4.1% | +3.8% |
| 1991 | 4.4% | +8.1% |
| 1992 | 4.2% | -3.9% |
| 1993 | 4.2% | -1.3% |
| 1994 | 4.7% | +12.2% |
| 1995 | 4.9% | +5.2% |
| 1996 | 4.1% | -17.7% |
| 1997 | 4.0% | -1.6% |
| 1998 | 3.6% | -9.7% |
| 1999 | 3.3% | -8.1% |
| 2000 | 3.3% | -1.5% |
| 2001 | 3.2% | -1.7% |
| 2002 | 3.5% | +10.2% |
| 2003 | 4.3% | +20.4% |
| 2004 | 3.2% | -24.8% |
| 2005 | 3.1% | -2.8% |
| 2006 | 2.5% | -19.2% |
| 2007 | 3.2% | +27.5% |
| 2008 | 2.3% | -29.4% |
| 2009 | 1.9% | -16.2% |
| 2010 | 1.9% | -2.0% |
| 2011 | 1.9% | +4.4% |
| 2012 | 2.0% | +4.0% |
| 2013 | 2.3% | +13.2% |
| 2014 | 3.5% | +52.3% |
| 2015 | 2.4% | -31.2% |
| 2016 | 3.3% | +37.5% |
| 2017 | 2.7% | -19.6% |
| 2018 | 2.9% | +10.0% |
| 2019 | 2.9% | -2.2% |
| 2020 | 3.1% | +9.8% |
| 2021 | 2.6% | -16.1% |
| 2022 | 3.0% | +12.9% |
| 2023 | 3.4% | +13.4% |
| 2024 | 3.8% | +13.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.8% | 1.4% | 2.3% | 10 |
| 1980s | 3.5% | 2.8% | 4.1% | 10 |
| 1990s | 4.2% | 3.3% | 4.9% | 10 |
| 2000s | 3.1% | 1.9% | 4.3% | 10 |
| 2010s | 2.6% | 1.9% | 3.5% | 10 |
| 2020s | 3.2% | 2.6% | 3.8% | 5 |
Countries ranked near Lower middle income
More economy & growth data for Lower middle income
- Agriculture, forestry, and fishing, value added 2.7% (2025)
- Imports of goods and services 1.75 trillion constant 2015 US$ (2025)
- Imports of goods and services 8.1% (2025)
- Imports of goods and services 26.3% (2025)
- External balance on goods and services -3.1% (2025)
- Trade 46.6% (2025)
- GDP (current US$), annual growth rate 6.78 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added 1.15 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 2.30 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 2.29 trillion current US$ (2025)
Frequently asked questions
- What is total debt service in Lower middle income?
- Total debt service in Lower middle income was 3.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Lower middle income?
- The highest recorded value was 4.9% in 1995.
- What is the lowest total debt service recorded in Lower middle income?
- The lowest recorded value was 1.4% in 1974.
- How does Lower middle income rank for total debt service?
- Lower middle income ranks 15th out of 32 groups with data for 2024.
- Is total debt service rising or falling in Lower middle income?
- Over the last ten years it is up 9.8%. The long-run trend across the full record is rising.
- Where does this Lower 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.
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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.