Total debt service in Upper middle income
Upper middle income: Total debt service was 3.3% in 2024. ▼ Falling
Total debt service in Upper middle income, 1980–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for total debt service in Upper middle income is 3.3%, measured in 2024.
Compared with earlier readings it is down 17.4% on the previous year and up 33.1% over ten years.
Over the whole period, total debt service in Upper middle income peaked at 6.5% in 1999 and was at its lowest, 2.4%, in 2011.
Upper middle income ranks 24th of 32 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 45 years of available data.
Total debt service in Upper middle income, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1980 | 5.2% | — |
| 1981 | 4.9% | -5.9% |
| 1982 | 5.5% | +11.0% |
| 1983 | 5.1% | -6.1% |
| 1984 | 5.1% | -1.4% |
| 1985 | 4.8% | -5.5% |
| 1986 | 4.7% | -1.7% |
| 1987 | 4.9% | +5.4% |
| 1988 | 5.5% | +11.5% |
| 1989 | 4.8% | -13.1% |
| 1990 | 4.2% | -12.2% |
| 1991 | 4.3% | +1.6% |
| 1992 | 4.3% | +1.8% |
| 1993 | 4.3% | -1.1% |
| 1994 | 3.8% | -11.4% |
| 1995 | 4.0% | +6.3% |
| 1996 | 4.5% | +11.5% |
| 1997 | 4.8% | +6.9% |
| 1998 | 5.0% | +3.5% |
| 1999 | 6.5% | +29.5% |
| 2000 | 6.3% | -2.4% |
| 2001 | 5.8% | -8.8% |
| 2002 | 5.6% | -2.3% |
| 2003 | 5.4% | -4.3% |
| 2004 | 4.6% | -14.9% |
| 2005 | 4.4% | -4.6% |
| 2006 | 4.3% | -0.9% |
| 2007 | 3.4% | -22.5% |
| 2008 | 3.0% | -11.7% |
| 2009 | 2.9% | -1.6% |
| 2010 | 2.6% | -10.1% |
| 2011 | 2.4% | -9.3% |
| 2012 | 2.4% | +2.7% |
| 2013 | 2.5% | +3.2% |
| 2014 | 2.5% | -1.2% |
| 2015 | 3.1% | +23.8% |
| 2016 | 3.4% | +11.3% |
| 2017 | 3.4% | -1.5% |
| 2018 | 3.4% | +1.7% |
| 2019 | 3.9% | +14.9% |
| 2020 | 3.8% | -3.4% |
| 2021 | 3.5% | -8.0% |
| 2022 | 3.7% | +5.0% |
| 2023 | 4.0% | +9.0% |
| 2024 | 3.3% | -17.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.0% | 4.7% | 5.5% | 10 |
| 1990s | 4.6% | 3.8% | 6.5% | 10 |
| 2000s | 4.6% | 2.9% | 6.3% | 10 |
| 2010s | 3.0% | 2.4% | 3.9% | 10 |
| 2020s | 3.7% | 3.3% | 4.0% | 5 |
Countries ranked near Upper middle income
More economy & growth data for Upper middle income
- Gross capital formation 10.81 trillion current US$ (2024)
- Exports of goods and services 8.68 trillion current US$ (2025)
- Exports of goods and services 25.9% (2025)
- GNI (current US$), per capita 10,757 current US$ per person (2025)
- Gross fixed capital formation 10.46 trillion current US$ (2024)
- Gross fixed capital formation 32.7% (2024)
- Gross capital formation 33.7% (2024)
- Imports of goods and services 23.8% (2025)
- Imports of goods and services 7.97 trillion current US$ (2025)
- Gross national expenditure 30.33 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is total debt service in Upper middle income?
- Total debt service in Upper middle income was 3.3% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Upper middle income?
- The highest recorded value was 6.5% in 1999.
- What is the lowest total debt service recorded in Upper middle income?
- The lowest recorded value was 2.4% in 2011.
- How does Upper middle income rank for total debt service?
- Upper middle income ranks 24th out of 32 groups with data for 2024.
- Is total debt service rising or falling in Upper middle income?
- Over the last ten years it is up 33.1%. The long-run trend across the full record is falling.
- Where does this Upper 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.