Global public debt rate in developing countries in Africa, Europe and Central Asia, Asia and Oceania, and Latin America and the Caribbean from 2010 to 2023
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 rate in developing regions 2010-2023
Of the developing regions in the world, countries in Asia and Oceania as well as Latin America and the Caribbean recorded the highest public debt rate levels in 2023 at over ** percent of the gross domestic product. High debt levels and borrowing costs are a significant problem for countries already struggling with poor government finances. For instance, borrowing costs in Africa are almost **** times higher than in the U.S.
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UNCTAD. (June 3, 2024). Global public debt rate in developing countries in Africa, Europe and Central Asia, Asia and Oceania, and Latin America and the Caribbean from 2010 to 2023 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 22, 2026, from /statistics/1475603/global-public-debt-rate-developing-regions/
UNCTAD. "Global public debt rate in developing countries in Africa, Europe and Central Asia, Asia and Oceania, and Latin America and the Caribbean from 2010 to 2023." Chart. June 3, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 22, 2026. /statistics/1475603/global-public-debt-rate-developing-regions/
UNCTAD. (2024). Global public debt rate in developing countries in Africa, Europe and Central Asia, Asia and Oceania, and Latin America and the Caribbean from 2010 to 2023. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 22, 2026. /statistics/1475603/global-public-debt-rate-developing-regions/
UNCTAD. "Global Public Debt Rate in Developing Countries in Africa, Europe and Central Asia, Asia and Oceania, and Latin America and The Caribbean from 2010 to 2023." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 3 Jun 2024, /statistics/1475603/global-public-debt-rate-developing-regions/
UNCTAD, Global public debt rate in developing countries in Africa, Europe and Central Asia, Asia and Oceania, and Latin America and the Caribbean from 2010 to 2023 ÌÇÐÄÆƽâ°æ, /statistics/1475603/global-public-debt-rate-developing-regions/ (last visited July 22, 2026)
Global public debt rate in developing countries in Africa, Europe and Central Asia, Asia and Oceania, and Latin America and the Caribbean from 2010 to 2023 [Graph], UNCTAD, June 3, 2024. [Online]. Available: /statistics/1475603/global-public-debt-rate-developing-regions/
