The external debt of Latin American countries shows strong growth, according to the World Bank.

The external debt of Latin American countries shows strong growth, according to the World Bank.

The external debt of low- and middle-income countries in Latin America will reach $9.4 trillion (about US$51.7 trillion) in 2025, setting a new global record, according to a World Bank report.

Among the Latin American countries, Guatemala showed the highest percentage of increase, of 18.2%, reaching 31.997 billion dollars (around 176 billion US dollars). Next came Argentina, with 16.1% growth, increasing its external liabilities to $261.653 billion (around $1.44 trillion).

Paraguay recorded an increase of 14.5%, with a debt of 34.3 billion dollars (around 189 billion US dollars). Colombia showed an increase of 13.8%, amounting to 255.956 billion dollars (about 1.41 trillion US dollars).

In absolute terms, Brazil posted the largest increase in external debt, amounting to $52.809 billion (around $290 billion), followed by Mexico, with $47.227 billion (around $260 billion).

On the other hand, Peru recorded a decrease of 0.2%, to US$94.27 billion (US$519 billion), while Haiti recorded a decrease of 12.7%, ending the period with US$827.5 million (around US$4.6 billion).