Total debt service in South Asia
South Asia: Total debt service was 2.5% in 2024. ▲ Rising
Total debt service in South Asia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for total debt service in South Asia is 2.5%, measured in 2024.
The figure is up 5.5% on the previous year and down 44.4% over ten years.
Over the whole period, total debt service in South Asia peaked at 4.4% in 2014 and was at its lowest, 0.8%, in 1974.
South Asia ranks 28th of 32 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Total debt service in South Asia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 2.2% | — |
| 1971 | 0.9% | -58.3% |
| 1972 | 1.0% | +5.0% |
| 1973 | 0.8% | -15.9% |
| 1974 | 0.8% | -0.0% |
| 1975 | 0.9% | +14.7% |
| 1976 | 1.3% | +38.4% |
| 1977 | 1.1% | -11.9% |
| 1978 | 1.0% | -8.4% |
| 1979 | 0.9% | -8.8% |
| 1980 | 0.9% | -8.7% |
| 1981 | 0.9% | +3.4% |
| 1982 | 1.1% | +21.7% |
| 1983 | 1.2% | +12.9% |
| 1984 | 1.5% | +18.2% |
| 1985 | 1.6% | +7.1% |
| 1986 | 2.1% | +34.8% |
| 1987 | 2.0% | -3.8% |
| 1988 | 2.0% | -1.0% |
| 1989 | 2.3% | +13.5% |
| 1990 | 2.5% | +8.6% |
| 1991 | 2.7% | +11.6% |
| 1992 | 2.5% | -8.1% |
| 1993 | 2.8% | +9.2% |
| 1994 | 3.1% | +11.4% |
| 1995 | 3.5% | +13.8% |
| 1996 | 2.8% | -18.9% |
| 1997 | 2.8% | -1.3% |
| 1998 | 2.7% | -4.5% |
| 1999 | 2.2% | -18.6% |
| 2000 | 2.3% | +5.0% |
| 2001 | 2.4% | +4.1% |
| 2002 | 2.9% | +20.7% |
| 2003 | 3.9% | +36.8% |
| 2004 | 2.4% | -39.3% |
| 2005 | 2.7% | +15.4% |
| 2006 | 1.8% | -33.2% |
| 2007 | 3.1% | +68.4% |
| 2008 | 2.5% | -19.6% |
| 2009 | 1.3% | -48.3% |
| 2010 | 1.5% | +14.0% |
| 2011 | 1.6% | +8.7% |
| 2012 | 1.7% | +6.5% |
| 2013 | 2.1% | +21.5% |
| 2014 | 4.4% | +113.9% |
| 2015 | 2.3% | -47.6% |
| 2016 | 3.1% | +34.3% |
| 2017 | 1.9% | -38.6% |
| 2018 | 2.4% | +25.0% |
| 2019 | 1.9% | -18.4% |
| 2020 | 2.7% | +40.6% |
| 2021 | 1.7% | -37.0% |
| 2022 | 2.0% | +17.5% |
| 2023 | 2.3% | +14.8% |
| 2024 | 2.5% | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.1% | 0.8% | 2.2% | 10 |
| 1980s | 1.5% | 0.9% | 2.3% | 10 |
| 1990s | 2.8% | 2.2% | 3.5% | 10 |
| 2000s | 2.5% | 1.3% | 3.9% | 10 |
| 2010s | 2.3% | 1.5% | 4.4% | 10 |
| 2020s | 2.3% | 1.7% | 2.7% | 5 |
Countries ranked near South Asia
More economy & growth data for South Asia
- Industry (including construction), value added 1.16 trillion constant 2015 US$ (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4588 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added 587.10 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 2.4% (2025)
- Services, value added (constant 2015 US$), per capita 1,241 constant 2015 US$ per person (2025)
- Manufacturing, value added 686.25 billion constant 2015 US$ (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.95 % change on previous year (2025)
- Industry (including construction), value added 1.19 trillion current US$ (2025)
- Services, value added 49.8% (2025)
- Services, value added 2.10 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is total debt service in South Asia?
- Total debt service in South Asia was 2.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in South Asia?
- The highest recorded value was 4.4% in 2014.
- What is the lowest total debt service recorded in South Asia?
- The lowest recorded value was 0.8% in 1974.
- How does South Asia rank for total debt service?
- South Asia ranks 28th out of 32 groups with data for 2024.
- Is total debt service rising or falling in South Asia?
- Over the last ten years it is down 44.4%. The long-run trend across the full record is rising.
- Where does this South Asia 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.