Total debt service in Middle income
Middle income: Total debt service was 3.4% in 2024. ▼ Falling
Total debt service in Middle income, 1978–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, total debt service in Middle income stood at 3.4%.
The figure is down 12.7% on the previous year and up 27.7% over ten years.
Over the whole period, total debt service in Middle income peaked at 5.9% in 1999 and was at its lowest, 2.3%, in 2011.
Middle income ranks 20th 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 Middle income, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1978 | 4.1% | — |
| 1979 | 4.6% | +12.4% |
| 1980 | 4.6% | -0.2% |
| 1981 | 4.5% | -1.6% |
| 1982 | 4.9% | +9.4% |
| 1983 | 4.7% | -4.9% |
| 1984 | 4.7% | -0.3% |
| 1985 | 4.5% | -4.0% |
| 1986 | 4.6% | +1.8% |
| 1987 | 4.6% | +1.8% |
| 1988 | 5.1% | +9.6% |
| 1989 | 4.6% | -9.7% |
| 1990 | 4.2% | -8.9% |
| 1991 | 4.3% | +3.0% |
| 1992 | 4.3% | +0.6% |
| 1993 | 4.3% | -1.1% |
| 1994 | 4.0% | -7.3% |
| 1995 | 4.2% | +6.0% |
| 1996 | 4.4% | +5.7% |
| 1997 | 4.7% | +5.6% |
| 1998 | 4.8% | +1.4% |
| 1999 | 5.9% | +23.5% |
| 2000 | 5.8% | -2.1% |
| 2001 | 5.3% | -8.1% |
| 2002 | 5.2% | -1.0% |
| 2003 | 5.2% | -1.2% |
| 2004 | 4.3% | -16.4% |
| 2005 | 4.1% | -4.2% |
| 2006 | 4.0% | -3.2% |
| 2007 | 3.3% | -16.9% |
| 2008 | 2.8% | -14.8% |
| 2009 | 2.7% | -4.0% |
| 2010 | 2.5% | -8.9% |
| 2011 | 2.3% | -7.2% |
| 2012 | 2.4% | +2.9% |
| 2013 | 2.5% | +4.7% |
| 2014 | 2.7% | +7.5% |
| 2015 | 3.0% | +11.0% |
| 2016 | 3.4% | +15.1% |
| 2017 | 3.2% | -4.7% |
| 2018 | 3.3% | +3.0% |
| 2019 | 3.7% | +11.9% |
| 2020 | 3.7% | -1.5% |
| 2021 | 3.3% | -9.1% |
| 2022 | 3.6% | +6.1% |
| 2023 | 3.9% | +9.8% |
| 2024 | 3.4% | -12.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.3% | 4.1% | 4.6% | 2 |
| 1980s | 4.7% | 4.5% | 5.1% | 10 |
| 1990s | 4.5% | 4.0% | 5.9% | 10 |
| 2000s | 4.3% | 2.7% | 5.8% | 10 |
| 2010s | 2.9% | 2.3% | 3.7% | 10 |
| 2020s | 3.6% | 3.3% | 3.9% | 5 |
Countries ranked near Middle income
More economy & growth data for Middle income
- Exports of goods and services 10.34 trillion current US$ (2025)
- Final consumption expenditure 26.22 trillion current US$ (2024)
- Final consumption expenditure 25.71 trillion constant 2015 US$ (2025)
- Final consumption expenditure 4.4% (2025)
- Gross national expenditure 39.19 trillion current US$ (2024)
- Gross national expenditure 37.88 trillion constant 2015 US$ (2025)
- Gross fixed capital formation 12.49 trillion current US$ (2024)
- Gross capital formation 12.97 trillion current US$ (2024)
- Gross fixed capital formation 32.1% (2024)
- Households and NPISHs final consumption expenditure 52.5% (2024)
Frequently asked questions
- What is total debt service in Middle income?
- Total debt service in Middle income was 3.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Middle income?
- The highest recorded value was 5.9% in 1999.
- What is the lowest total debt service recorded in Middle income?
- The lowest recorded value was 2.3% in 2011.
- How does Middle income rank for total debt service?
- Middle income ranks 20th out of 32 groups with data for 2024.
- Is total debt service rising or falling in Middle income?
- Over the last ten years it is up 27.7%. The long-run trend across the full record is falling.
- Where does this 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.