Government debt — all countries

Government debt — Latin America & Caribbean

Government debt in Latin America & Caribbean in 2031 — 72.1%. Since 2000, the indicator has risen by 27.5 pp.

2031 72.1% +0.1 pp vs 2030
World rank
Period maximum 75.5%2020
Period minimum 44.6%2000

Trend over time

2000–2031 · % of GDP

Government debt — Latin America & Caribbean, 2000–203140506070802000200420082012201620202024202820312000: 44.6%2001: 46.4%2002: 56.8%2003: 57.4%2004: 53.5%2005: 49.4%2006: 46.3%2007: 45.2%2008: 45.3%2009: 48.3%2010: 47.4%2011: 47.5%2012: 47.7%2013: 48.9%2014: 50.8%2015: 56.6%2016: 60%2017: 62.3%2018: 65.9%2019: 66.8%2020: 75.5%2021: 69.9%2022: 66.9%2023: 72.5%2024: 69.1%2025: 72.6%2026: 70.4%2027: 71.3%2028: 71.5%2029: 71.9%2030: 72%2031: 72.1%
Change over the period: +27.5 pp Annual average: 0.89 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Latin America & Caribbean

Latin America & Caribbean 72.1%
World computed 102.5%
Government debt — Latin America & Caribbean, by year Latin America & Caribbean All countries CSV XLSX
Year % Change, pp
2031 72.1 +0.1 pp
2030 72 +0.1 pp
2029 71.9 +0.3 pp
2028 71.5 +0.3 pp
2027 71.3 +0.9 pp
2026 70.4 −2.2 pp
2025 72.6 +3.6 pp
2024 69.1 −3.4 pp
2023 72.5 +5.6 pp
2022 66.9 −3 pp
2021 69.9 −5.6 pp
2020 75.5 +8.7 pp
2019 66.8 +0.9 pp
2018 65.9 +3.6 pp
2017 62.3 +2.3 pp
2016 60 +3.5 pp
2015 56.6 +5.7 pp
2014 50.8 +1.9 pp
2013 48.9 +1.2 pp
2012 47.7 +0.2 pp
2011 47.5 +0.1 pp
2010 47.4 −0.9 pp
2009 48.3 +3.1 pp
2008 45.3 +0.1 pp
2007 45.2 −1.2 pp
2006 46.3 −3 pp
2005 49.4 −4.1 pp
2004 53.5 −3.9 pp
2003 57.4 +0.6 pp
2002 56.8 +10.4 pp
2001 46.4 +1.9 pp
2000 44.6

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

Source: World Economic Outlook (IMF), license IMF open data.