Public and publicly guaranteed debt service (% of exports of goods, services and primary income)

This indicator measures the proportion of public debt obligations, including both principal and interest payments, relative to the total value of a country's international exports, encompassing goods, services, and primary income. By analyzing this ratio, stakeholders can assess the sustainability of a nation's external payments framework, highlighting the potential strain on its export revenues. A higher percentage may indicate that a significant portion of export income is committed to debt service, potentially limiting funds available for domestic investment or economic growth. Conversely, a lower ratio could suggest a healthier economic environment, positioning the country to invest more in development and reduce vulnerability to external economic shocks. Source: