Multilateral debt service (% of public and publicly guaranteed debt service)

This indicator reflects the portion of a country's debt service obligations dedicated to repayments owed to multilateral institutions, such as the World Bank and regional development banks, highlighting the financial commitments that governments have towards these key international lenders. It encompasses both principal and interest payments, representing a critical facet of a nation's external debt landscape. By assessing these repayments as a percentage of total public and publicly guaranteed debt service, this measure provides insights into the fiscal health and sustainability of a country's borrowing practices. A lower ratio may indicate greater reliance on domestic or bilateral sources of financing, while a higher percentage could suggest significant exposure to multilateral debt, thus influencing the country’s economic prospects and policy decisions. Source: