Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) in Latin America & Caribbean (excluding high income) stood at $134 billion in 2024, according to World Bank. The latest value is up 29% from $103.5 billion in 2023. Ten years earlier, in 2014, the value was $58.99 billion (up 127% since). The highest value since 1970 was $138.8 billion in 2019, the lowest $2.054 billion in 1970.
Data source: World Bank · Unit: USD · Category: Financial Markets · Explore more indicators on EconDash
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$), measured in USD, measures the government's fiscal obligations and borrowing levels in Latin America & Caribbean (excluding high income), serving as a critical indicator of fiscal sustainability, creditworthiness, and the capacity to finance public services and respond to crises. Government debt accumulates when spending exceeds revenues over time, requiring borrowing from domestic and international creditors through bond issuance. In Latin America & Caribbean (excluding high income), Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) is typically expressed as a percentage of GDP to account for the economy's capacity to service the debt — a country with larger economic output can sustain higher debt levels than a smaller economy. Key considerations include debt composition (domestic vs foreign currency, short vs long-term), interest rates, and who holds the debt (domestic investors, foreign governments, central banks). Sustainable debt levels vary by country depending on institutional strength, growth prospects, and investor confidence, but ratios above 90-100% of GDP often raise concerns among credit rating agencies.
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) in Latin America & Caribbean (excluding high income) stood at $134 billion in 2024, according to World Bank.
The latest value is up 29% from $103.5 billion in 2023. Ten years earlier, in 2014, the value was $58.99 billion (up 127% since).
The highest value since 1970 was $138.8 billion in 2019, the lowest $2.054 billion in 1970.
| Indicator | Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) |
|---|---|
| Country | Latin America & Caribbean (excluding high income) |
| Category | Financial Markets |
| Unit | USD |
| Source | World Bank |
| Interactive chart | View on EconDash |
| API access | EconDash API documentation |
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World Bank. (2026). Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) — Latin America & Caribbean (excluding high income) [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-dt-tds-dppg-cd/LAC. Original source: https://data.worldbank.org/indicator/DT.TDS.DPPG.CD
World Bank. "Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) — Latin America & Caribbean (excluding high income)." EconDash, 2026, https://econdash.org/chart/wdi-dt-tds-dppg-cd/LAC. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/DT.TDS.DPPG.CD.
World Bank. 2026. "Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) — Latin America & Caribbean (excluding high income)." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-dt-tds-dppg-cd/LAC. Original source: https://data.worldbank.org/indicator/DT.TDS.DPPG.CD.
@misc{econdash_wdi_dt_tds_dppg_cd_lac,
author = {{World Bank}},
title = {{Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US\$) --- Latin America \& Caribbean (excluding high income)}},
howpublished = {EconDash},
year = {2026},
url = {https://econdash.org/chart/wdi-dt-tds-dppg-cd/LAC},
note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/DT.TDS.DPPG.CD}
}Browse indicators available for Latin America & Caribbean (excluding high income). Click any indicator to view its interactive chart, compare with other countries, and download historical data.
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