El Salvador's multilateral debt service (% of public and publicly guaranteed debt service) was 24.46% in 2024, the latest year in the World Bank's World Development Indicators. That is down 32.05 percentage points from 56.51% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 24.46% | 2024 |
| Five years earlier | 30.78% | 2019 |
| Ten years earlier | 56.51% | 2014 |
| Highest | 78.14% | 1999 |
| Lowest | 17.87% | 1975 |
| Average since 2015 | 43.54% | 2015–2024 |
| First recorded | 54.82% | 1970 |
What the numbers say
In 2024, El Salvador's multilateral debt service (% of public and publicly guaranteed debt service) fell 16.12 percentage points on 2023 (from 40.58% to 24.46%).
Across the 30 yearly changes before that (1994 to 2023), the average change was +0.01 percentage points and a typical year strayed about 9.94 percentage points from that (the standard deviation). This year's change was 1.6 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 29.22 percentage points in 1978 and the biggest yearly fall was 24.2 percentage points in 1983. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about 2.8 percentage points a year. A straight line explains 59% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, El Salvador had the 90th highest value of the 119 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| El Salvador | 24.46% | 2024 |
| Upper middle income | 15.92% | 2024 |
Closest to El Salvador in the 2024 ranking
- Kenya — 87th of 119: 25.91%
- Azerbaijan — 88th of 119: 25.5%
- Dominican Republic — 89th of 119: 24.58%
- Maldives — 91st of 119: 24.2%
- Mongolia — 92nd of 119: 23.36%
- Thailand — 93rd of 119: 23%
What this measures
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 55 values
| Year | Multilateral debt service (% of public and publicly guaranteed debt service) |
|---|---|
| 2024 | 24.46 |
| 2023 | 40.58 |
| 2022 | 31.58 |
| 2021 | 45.76 |
| 2020 | 49.61 |
| 2019 | 30.78 |
| 2018 | 52.5 |
| 2017 | 51.71 |
| 2016 | 55.92 |
| 2015 | 52.55 |
| 2014 |
Multilateral debt service (% of public and publicly guaranteed debt service) in nearby economies
More economic policy & debt data for El Salvador
- Total reserves, including gold (current US$) — US$4.82 billion (2025)
- Total reserves, excluding gold (current US$) — US$4.56 billion (2025)
- Grants, excluding technical cooperation (BoP, current US$) — US$252.5 million (2023)
- Technical cooperation grants (BoP, current US$) — US$35.19 million (2023)
- Net bilateral aid flows from DAC donors, Japan (current US$) — US$41.44 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$362.85 million (2023)
- Net bilateral aid flows from DAC donors, United States (current US$) — US$154.63 million (2023)
- Net official development assistance and official aid received (current US$) — US$498.81 million (2023)
Reading data like this
Questions people ask
- What is El Salvador's multilateral debt service (% of public and publicly guaranteed debt service)?
- 24.46% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is down 30.36 percentage points from 54.82% in 1970. The highest value was 78.14% in 1999 and the lowest 17.87% in 1975.
- How does El Salvador rank?
- 90th highest of 119 economies with data for 2024.
- Is the latest change in multilateral debt service (% of public and publicly guaranteed debt service) unusual for El Salvador?
- In 2024, El Salvador's multilateral debt service (% of public and publicly guaranteed debt service) fell 16.12 percentage points on 2023 (from 40.58% to 24.46%). Across the 30 yearly changes before that (1994 to 2023), the average change was +0.01 percentage points and a typical year strayed about 9.94 percentage points from that (the standard deviation). This year's change was 1.6 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator DT.TDS.MLAT.PG.ZS, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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