Global public debt in developing countries in Africa, Europe and Central Asia, Asia and Oceania, and Latin America and the Caribbean from 2010 to 2023
(in billion U.S. dollars)
Characteristic
Africa
Europe and Central Asia (developing countries)
Asia and Oceania (developing countries)
Latin America and the Caribbean
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Public debt is general domestic and external government debt. General government includes both central, state, and local governments as well as social security funds.
Citation formats
Global public debt in developing regions 2010-2023
Of the developing regions in the world, countries in **** and ** recorded the highest public debt levels in 2023. Moreover, public debt in the region more than tripled from 2010 to 2023. High debt levels and borrowing costs are a significant problem for countries already struggling with poor government finances. For instance, borrowing costs in * are almost four times higher than in the U.S.
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UNCTAD. (June 3, 2024). Global public debt in developing countries in Africa, Europe and Central Asia, Asia and Oceania, and Latin America and the Caribbean from 2010 to 2023 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 22, 2026, from /statistics/1475570/global-public-debt-developing-regions/
UNCTAD. "Global public debt in developing countries in Africa, Europe and Central Asia, Asia and Oceania, and Latin America and the Caribbean from 2010 to 2023 (in billion U.S. dollars)." Chart. June 3, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 22, 2026. /statistics/1475570/global-public-debt-developing-regions/
UNCTAD. (2024). Global public debt in developing countries in Africa, Europe and Central Asia, Asia and Oceania, and Latin America and the Caribbean from 2010 to 2023 (in billion U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 22, 2026. /statistics/1475570/global-public-debt-developing-regions/
UNCTAD. "Global Public Debt in Developing Countries in Africa, Europe and Central Asia, Asia and Oceania, and Latin America and The Caribbean from 2010 to 2023 (in Billion U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 3 Jun 2024, /statistics/1475570/global-public-debt-developing-regions/
UNCTAD, Global public debt in developing countries in Africa, Europe and Central Asia, Asia and Oceania, and Latin America and the Caribbean from 2010 to 2023 (in billion U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1475570/global-public-debt-developing-regions/ (last visited July 22, 2026)
Global public debt in developing countries in Africa, Europe and Central Asia, Asia and Oceania, and Latin America and the Caribbean from 2010 to 2023 (in billion U.S. dollars) [Graph], UNCTAD, June 3, 2024. [Online]. Available: /statistics/1475570/global-public-debt-developing-regions/