Debt service (PPG and IMF only, % of exports of goods, services and primary income) by country
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general...
What the numbers show
Debt service (PPG and IMF only, % of exports of goods, services and primary income) is currently reported for 116 countries. The highest value is 59.7% in Haiti; the lowest is 0.5% in Algeria.
The median across all reporting countries is 7.8%, and the mean is 9.9%.
The gap between the highest and lowest reporting country is a factor of about 128.
Over the past decade 88 countries rose and 28 fell. The largest increase was in East Timor (up 37,371.8%), and the largest decrease in Lebanon (down 87.7%).
Debt service (PPG and IMF only, % of exports of goods, services and pr: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Haiti | 59.7% | 2024 | up 4,190.1% | volatile |
| 2 | Egypt | 46.0% | 2024 | up 271.9% | volatile |
| 3 | Pakistan | 32.8% | 2024 | up 125.3% | falling |
| 4 | El Salvador | 27.7% | 2024 | up 113.4% | rising |
| 5 | Angola | 27.6% | 2024 | up 124.5% | volatile |
| 6 | Kenya | 26.0% | 2024 | up 137.1% | volatile |
| 7 | Tonga | 25.2% | 2024 | up 274.3% | volatile |
| 8 | Dominica | 23.7% | 2024 | up 231.1% | rising |
| 9 | Colombia | 22.5% | 2024 | up 194.9% | falling |
| 10 | Cote d'Ivoire | 21.7% | 2024 | up 410.2% | volatile |
| 11 | Argentina | 21.4% | 2024 | up 79.0% | volatile |
| 12 | Niger | 19.8% | 2024 | up 222.6% | volatile |
| 13 | Jamaica | 19.8% | 2024 | down 30.5% | flat |
| 14 | Tunisia | 19.7% | 2024 | up 145.5% | falling |
| 15 | Senegal | 18.4% | 2023 | up 223.0% | volatile |
| 16 | Cameroon | 17.3% | 2024 | up 209.9% | falling |
| 17 | Benin | 16.4% | 2023 | up 430.6% | volatile |
| 18 | Bhutan | 16.3% | 2024 | up 27.3% | rising |
| 19 | Dominican Republic | 15.4% | 2024 | up 18.9% | rising |
| 20 | Sri Lanka | 15.1% | 2024 | down 37.8% | flat |
| 21 | Bolivia | 15.1% | 2024 | up 473.5% | volatile |
| 22 | Ecuador | 14.5% | 2024 | up 107.6% | falling |
| 23 | Yemen | 14.5% | 2016 | up 410.7% | volatile |
| 24 | Uzbekistan | 14.4% | 2024 | up 435.2% | volatile |
| 25 | Indonesia | 12.3% | 2024 | down 12.5% | falling |
| 26 | Montenegro | 12.1% | 2024 | down 3.8% | volatile |
| 27 | Comoros | 11.5% | 2023 | down 12.7% | volatile |
| 28 | Honduras | 11.5% | 2024 | up 165.0% | volatile |
| 29 | Uganda | 11.5% | 2024 | up 482.1% | volatile |
| 30 | Tanzania | 11.3% | 2024 | up 271.4% | volatile |
| 31 | Morocco | 10.8% | 2024 | up 44.7% | volatile |
| 32 | Guinea-Bissau | 10.8% | 2024 | up 403.2% | volatile |
| 33 | Cape Verde | 10.8% | 2024 | up 126.9% | flat |
| 34 | Ukraine | 10.5% | 2024 | down 3.6% | volatile |
| 35 | Bangladesh | 10.5% | 2024 | up 106.2% | volatile |
| 36 | Malawi | 10.3% | 2024 | up 151.6% | volatile |
| 37 | Saint Kitts and Nevis | 10.1% | 2010 | up 8.8% | volatile |
| 38 | Ethiopia | 10.1% | 2024 | down 14.8% | volatile |
| 39 | Saint Vincent and the Grenadines | 10.0% | 2024 | down 12.3% | rising |
| 40 | Mozambique | 10.0% | 2024 | up 64.3% | volatile |
| 41 | Jordan | 10.0% | 2024 | up 43.9% | volatile |
| 42 | Brazil | 9.9% | 2024 | up 80.4% | volatile |
| 43 | Nigeria | 9.4% | 2024 | up 2,962.4% | volatile |
| 44 | Mauritania | 9.4% | 2024 | down 13.3% | falling |
| 45 | Burundi | 9.4% | 2024 | down 21.7% | volatile |
| 46 | Nepal | 9.3% | 2024 | up 19.3% | rising |
| 47 | Azerbaijan | 9.1% | 2024 | up 345.6% | volatile |
| 48 | Sierra Leone | 9.0% | 2024 | up 289.0% | volatile |
| 49 | Serbia | 8.9% | 2024 | down 23.0% | rising |
| 50 | Samoa | 8.8% | 2024 | up 12.6% | volatile |
| 51 | Mongolia | 8.6% | 2024 | up 137.6% | volatile |
| 52 | Gabon | 8.5% | 2015 | up 144.8% | volatile |
| 53 | Nicaragua | 8.4% | 2024 | up 222.9% | volatile |
| 54 | South Africa | 8.2% | 2024 | up 118.2% | rising |
| 55 | Paraguay | 8.0% | 2024 | up 323.2% | falling |
| 56 | Philippines | 8.0% | 2024 | up 30.0% | falling |
| 57 | Maldives | 7.8% | 2024 | up 50.4% | volatile |
| 58 | Chad | 7.8% | 1994 | up 50.9% | volatile |
| 59 | Turkey | 7.8% | 2024 | up 63.2% | volatile |
| 60 | Belize | 7.5% | 2024 | up 9.2% | volatile |
| 61 | Laos | 7.4% | 2024 | up 38.0% | falling |
| 62 | North Macedonia | 7.1% | 2024 | up 9.5% | falling |
| 63 | Moldova | 7.0% | 2024 | up 158.8% | volatile |
| 64 | Belarus | 6.9% | 2024 | down 24.7% | volatile |
| 65 | Lesotho | 6.9% | 2024 | up 125.6% | volatile |
| 66 | Rwanda | 6.8% | 2024 | up 63.6% | volatile |
| 67 | Madagascar | 6.5% | 2024 | up 145.4% | volatile |
| 68 | Suriname | 6.5% | 2023 | up 129.2% | falling |
| 69 | Congo | 6.3% | 2021 | up 464.7% | volatile |
| 70 | Gambia | 6.3% | 2024 | down 64.8% | rising |
| 71 | Albania | 6.2% | 2024 | down 1.8% | volatile |
| 72 | Liberia | 6.1% | 2024 | up 152.1% | volatile |
| 73 | Bosnia and Herzegovina | 6.0% | 2024 | down 22.8% | falling |
| 74 | Vanuatu | 5.9% | 2022 | up 381.5% | volatile |
| 75 | Zambia | 5.9% | 2024 | up 166.2% | volatile |
| 76 | Mali | 5.9% | 2024 | up 81.6% | volatile |
| 77 | Kazakhstan | 5.9% | 2024 | up 377.3% | volatile |
| 78 | Eswatini | 5.8% | 2024 | up 263.2% | volatile |
| 79 | Guatemala | 5.7% | 2024 | up 26.1% | volatile |
| 80 | Mexico | 5.6% | 2024 | up 27.6% | volatile |
| 81 | Peru | 5.4% | 2024 | up 31.7% | volatile |
| 82 | Mauritius | 5.3% | 2024 | up 453.9% | volatile |
| 83 | Fiji | 5.1% | 2024 | up 162.6% | volatile |
| 84 | Georgia | 5.1% | 2024 | down 33.5% | falling |
| 85 | Grenada | 5.0% | 2024 | up 19.6% | rising |
| 86 | Togo | 5.0% | 2020 | up 88.8% | volatile |
| 87 | Papua New Guinea | 4.8% | 2024 | up 363.5% | volatile |
| 88 | Kyrgyzstan | 4.7% | 2024 | up 29.0% | falling |
| 89 | Burkina Faso | 4.6% | 2024 | up 57.5% | falling |
| 90 | Botswana | 4.6% | 2024 | up 672.5% | volatile |
| 91 | Tajikistan | 4.4% | 2024 | up 2.8% | flat |
| 92 | Saint Lucia | 4.2% | 2024 | up 11.4% | falling |
| 93 | Russia | 4.0% | 2024 | down 52.1% | flat |
| 94 | Armenia | 3.9% | 2024 | down 33.9% | volatile |
| 95 | Sao Tome and Principe | 3.9% | 2024 | down 72.0% | volatile |
| 96 | Central African Republic | 3.8% | 1993 | down 68.9% | volatile |
| 97 | Ghana | 3.7% | 2024 | down 24.9% | volatile |
| 98 | Guinea | 3.4% | 2024 | up 41.8% | volatile |
| 99 | Myanmar | 3.4% | 2019 | up 91.1% | volatile |
| 100 | India | 3.2% | 2024 | up 16.8% | volatile |
| 101 | East Timor | 3.0% | 2024 | up 37,371.8% | volatile |
| 102 | Bulgaria | 2.9% | 2022 | up 129.4% | volatile |
| 103 | Iraq | 2.9% | 2024 | down 12.1% | rising |
| 104 | Sudan | 2.9% | 2022 | down 59.0% | volatile |
| 105 | Solomon Islands | 2.6% | 2024 | up 68.6% | volatile |
| 106 | Afghanistan | 2.2% | 2020 | up 552.1% | volatile |
| 107 | Djibouti | 2.0% | 2024 | up 95.6% | volatile |
| 108 | China | 1.9% | 2024 | up 253.7% | volatile |
| 109 | Lebanon | 1.9% | 2023 | down 87.7% | falling |
| 110 | Cambodia | 1.7% | 2024 | up 57.7% | volatile |
| 111 | Zimbabwe | 1.7% | 2024 | down 50.3% | volatile |
| 113 | Vietnam | 1.4% | 2024 | down 39.5% | volatile |
| 114 | Democratic Republic of Congo | 1.3% | 2024 | down 53.6% | volatile |
| 115 | Thailand | 1.0% | 2024 | up 34.5% | volatile |
| 116 | Guyana | 0.8% | 2023 | down 72.4% | volatile |
| 117 | Algeria | 0.5% | 2024 | up 30.5% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Kosovo 1.7%
- IDA blend 16.9%
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income) 15.5%
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) 15.5%
- IDA total 11.0%
- Africa Eastern and Southern 10.5%
- Sub-Saharan Africa (excluding high income) 10.3%
- Sub-Saharan Africa 10.3%
- Sub-Saharan Africa (IDA & IBRD countries) 10.3%
- Pre-demographic dividend 10.0%
- Africa Western and Central 9.9%
- Least developed countries: UN classification 9.6%
About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.