Upper middle income's PPG, IDA (DOD, current US$) was US$12.23 billion in 2024, the latest year in the World Bank's World Development Indicators. That is down 18.19% from US$14.95 billion in 2014 (1.99% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$12.23 billion | 2024 |
| Five years earlier | US$9.17 billion | 2019 |
| Ten years earlier | US$14.95 billion | 2014 |
| Highest | US$19.62 billion | 2009 |
| Lowest | US$145.02 million | 1970 |
| Average since 2015 | US$10.19 billion | 2015–2024 |
| First recorded | US$145.02 million |
What the numbers say
In 2024, Upper middle income's PPG, IDA (DOD, current US$) rose 51.2% on 2023 (from US$8.09 billion to US$12.23 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +1% and a typical year strayed about 8.5% from that (the standard deviation). This year's change was 5.9 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 51.2% in 2024 and the biggest yearly fall was 11.8% in 2018. 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 US$359.27 million a year. A straight line explains 32% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
What this measures
Public and publicly guaranteed debt outstanding from the International Development Association (IDA) is concessional. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 55 values
| Year | PPG, IDA (DOD, current US$) |
|---|---|
| 2024 | 12,230,104,000 |
| 2023 | 8,086,860,000 |
| 2022 | 8,127,875,000 |
| 2021 | 8,342,759,000 |
| 2020 | 8,964,241,000 |
| 2019 | 9,165,946,000 |
| 2018 | 10,185,118,000 |
| 2017 | 11,544,645,000 |
| 2016 | 11,875,937,000 |
| 2015 | 13,334,865,000 |
| 2014 |
PPG, IDA (DOD, current US$) in nearby economies
- Afghanistan — US$279.74 million (2024)
- Djibouti — US$295.54 million (2024)
- Egypt, Arab Rep. — US$100.81 million (2024)
- Iraq — US$203.05 million (2024)
- Jordan — US$194.03 million (2024)
- Morocco — US$98,000 (2024)
- Pakistan — US$17.56 billion (2024)
- Syrian Arab Republic — US$14.05 million (2024)
- Tunisia — US$0 (2023)
- Yemen, Rep. — US$1.04 billion (2024)
More economic policy & debt data for Upper middle income
- Charges for the use of intellectual property, payments (BoP, current US$) — US$95.94 billion (2025)
- Portfolio equity, net inflows (BoP, current US$) — US$27.9 billion (2025)
- Exports of goods and services (current US$) — US$8.68 trillion (2025)
- Exports of goods and services (% of GDP) — 25.88% (2025)
- Imports of goods and services (current US$) — US$7.97 trillion (2025)
- Imports of goods and services (% of GDP) — 23.76% (2025)
- External balance on goods and services (% of GDP) — 2.12% (2025)
- Trade (% of GDP) — 48.9% (2025)
- Agriculture, forestry, and fishing, value added (current US$)
Reading data like this
Questions people ask
- What is Upper middle income's PPG, IDA (DOD, current US$)?
- US$12.23 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 8,333% from US$145.02 million in 1970 (8.56% a year on average, compounded). The highest value was US$19.62 billion in 2009 and the lowest US$145.02 million in 1970.
- Is the latest change in PPG, IDA (DOD, current US$) unusual for Upper middle income?
- In 2024, Upper middle income's PPG, IDA (DOD, current US$) rose 51.2% on 2023 (from US$8.09 billion to US$12.23 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +1% and a typical year strayed about 8.5% from that (the standard deviation). This year's change was 5.9 standard deviations above that average, so it was unusually large compared with the rest of the record.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB).
Source
World Bank, World Development Indicators, indicator DT.DOD.MIDA.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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