IDA only: Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$)

Key figures

What the numbers say

In 2023, IDA only's debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) rose 5.6% on 2022 (from US$23.67 billion to US$24.99 billion).

Across the 30 yearly changes before that (1993 to 2022), the average change was +6.7% and a typical year strayed about 11.7% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 69.3% in 1973 and the biggest yearly fall was 21.8% in 1992. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is upward, about US$1.7 billion a year. A straight line explains 83% 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.

What this measures

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. Data are in current U.S. dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 54 values

Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) in nearby economies

• Afghanistan — US$35.06 million (2024)
• Algeria — US$103.54 million (2024)
• Djibouti — US$109.62 million (2024)
• Egypt, Arab Rep. — US$24.27 billion (2024)
• Iran, Islamic Rep. — US$76.47 million (2024)
• Iraq — US$3.24 billion (2024)
• Jordan — US$2.07 billion (2024)
• Lebanon

More economic policy & debt data for IDA only

• GDP (current US$) — US$1.93 trillion (2025)
• GDP per capita (current US$) — US$1,484 (2025)
• GDP (constant 2015 US$) — US$1.56 trillion (2025)
• GDP per capita (constant 2015 US$) — US$1,204 (2025)
• GDP (annual % growth) — 4.87% (2025)
• GDP per capita (annual % growth) — 2.58% (2025)
• Foreign direct investment, net inflows (BoP, current US$) — US$59.95 billion (2025)
• Portfolio equity, net inflows (BoP, current US$) — −US$247.35 million (2025)
• Foreign direct investment, net outflows (BoP, current US$) — US$1.85 billion (2025)
• Personal remittances, paid (current US$)

Reading data like this

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Questions people ask

What is IDA only's debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$)?

US$24.99 billion in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is up 4,705% from US$520.2 million in 1970 (7.58% a year on average, compounded). The highest value was US$27.47 billion in 2021 and the lowest US$520.2 million in 1970.

Is the latest change in debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) unusual for IDA only?

In 2023, IDA only's debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) rose 5.6% on 2022 (from US$23.67 billion to US$24.99 billion). Across the 30 yearly changes before that (1993 to 2022), the average change was +6.7% and a typical year strayed about 11.7% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator DT.TDS.DPPG.CD, 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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