Iran, Islamic Rep.'s debt service on external debt, total (TDS, current US$) was US$362.02 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 29.2% from US$511.31 million in 2014 (3.39% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$362.02 million | 2024 |
| Five years earlier | US$334 million | 2019 |
| Ten years earlier | US$511.31 million | 2014 |
| Highest | US$6.47 billion | 1996 |
| Lowest | US$176.25 million | 2022 |
| Average since 2015 | US$540.5 million | 2015–2024 |
| First recorded | US$971.57 million |
What the numbers say
In 2024, Iran, Islamic Rep.'s debt service on external debt, total (TDS, current US$) rose 0.4% on 2023 (from US$360.69 million to US$362.02 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +8.8% and a typical year strayed about 56.4% from that (the standard deviation). This year's change was 0.2 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 186% in 2016 and the biggest yearly fall was 76.5% in 2017. 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 there is no clear straight-line trend: a straight line explains 29% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Iran, Islamic Rep. had the 86th highest value of the 120 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 | |
|---|---|---|
| Iran, Islamic Rep. | US$362.02 million | 2024 |
| Upper middle income | US$967.38 billion | 2024 |
Closest to Iran, Islamic Rep. in the 2024 ranking
What this measures
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 45 values
| Year | Debt service on external debt, total (TDS, current US$) |
|---|---|
| 2024 | 362,016,236 |
| 2023 | 360,691,921 |
| 2022 | 176,245,467 |
| 2021 | 344,318,992 |
| 2020 | 328,100,062 |
| 2019 | 334,004,222 |
| 2018 | 193,817,394 |
| 2017 | 490,443,581 |
| 2016 | 2,085,904,500 |
| 2015 | 729,458,588 |
Debt service on external debt, total (TDS, current US$) in nearby economies
- Afghanistan — US$67.6 million (2024)
- Algeria — US$444.97 million (2024)
- Djibouti — US$139.58 million (2024)
- Egypt, Arab Rep. — US$32.91 billion (2024)
- Iraq — US$3.42 billion (2024)
- Jordan — US$4.51 billion (2024)
- Lebanon — US$2.49 billion (2024)
- Morocco — US$8.9 billion (2024)
- Pakistan — US$16.31 billion (2024)
More economic policy & debt data for Iran, Islamic Rep.
- General government final consumption expenditure (current US$) — US$48.21 billion (2025)
- General government final consumption expenditure (current LCU) — 35,797.6 trillion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$68.4 billion (2025)
- General government final consumption expenditure (constant LCU) — 10,151.5 trillion (2025)
- General government final consumption expenditure (% of GDP) — 13.29% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$194.65 billion (2025)
- Households and NPISHs final consumption expenditure (current LCU) — 144,548 trillion (2025)
Reading data like this
Questions people ask
- What is Iran, Islamic Rep.'s debt service on external debt, total (TDS, current US$)?
- US$362.02 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is down 62.74% from US$971.57 million in 1980 (2.22% a year on average, compounded). The highest value was US$6.47 billion in 1996 and the lowest US$176.25 million in 2022.
- How does Iran, Islamic Rep. rank?
- 86th highest of 120 economies with data for 2024.
- Is the latest change in debt service on external debt, total (TDS, current US$) unusual for Iran, Islamic Rep.?
- In 2024, Iran, Islamic Rep.'s debt service on external debt, total (TDS, current US$) rose 0.4% on 2023 (from US$360.69 million to US$362.02 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +8.8% and a typical year strayed about 56.4% from that (the standard deviation). This year's change was 0.2 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.DECT.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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