Latin America & Caribbean Debt to GDP Ratio 2019-2024

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • Latin America & Caribbean debt to gdp ratio for 2021 was 68.94%, a 8.45% decline from 2020.
  • Latin America & Caribbean debt to gdp ratio for 2020 was 77.39%, a 6.99% increase from 2019.
  • Latin America & Caribbean debt to gdp ratio for 2019 was 70.40%, a 70.4% increase from .
  • Latin America & Caribbean debt to gdp ratio for was 0.00%, a 0% increase from .
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
OECD members 114.46%
North America 114.34%
World 107.64%
Euro Area 101.92%
European Union 94.95%
Latin America & Caribbean 68.94%
Latin America & Caribbean Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2021 68.94% -8.45%
2020 77.39% 6.99%
2019 70.40% 6.99%