Claims on central government, etc. in Upper middle income

Upper middle income: Claims on central government, etc. was 37.8% in 2024. ◆ Volatile

Latest (2024)
37.8%
Change on year
up 7.8%
Rank
10th
of 45 groups
All-time high
37.8%
in 2024
All-time low
1.7%
in 1978
Years of data
60
1965–2024

Claims on central government, etc. in Upper middle income, 1965–2024

010203040196519942024

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.

Analysis

Upper middle income recorded 37.8% for claims on central government, etc. in 2024. That is the highest value across all 60 years on record.

That represents a change of up 7.8% on the previous year and up 264.6% over ten years.

Over the whole period, claims on central government, etc. in Upper middle income peaked at 37.8% in 2024 and was at its lowest, 1.7%, in 1978.

Upper middle income ranks 10th of 45 groups on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Claims on central government, etc. in Upper middle income, year by year

Annual values for Claims on central government, etc. (% GDP) in Upper middle income, 1965 to 2024.
Year % GDP Change
1965 6.4%
1966 6.5% +1.2%
1967 6.9% +6.2%
1968 6.7% -4.0%
1969 6.7% +1.2%
1970 7.0% +3.5%
1971 6.2% -11.6%
1972 6.7% +9.0%
1973 7.1% +5.6%
1974 5.2% -26.1%
1975 6.0% +14.6%
1976 6.1% +0.9%
1977 3.4% -44.1%
1978 1.7% -49.9%
1979 4.3% +154.0%
1980 5.5% +28.3%
1981 7.4% +33.7%
1982 9.8% +32.8%
1983 9.9% +0.7%
1984 7.5% -24.3%
1985 6.8% -9.4%
1986 16.4% +141.8%
1987 16.1% -1.9%
1988 19.3% +20.2%
1989 22.6% +16.7%
1990 12.7% -43.8%
1991 10.1% -20.0%
1992 9.4% -6.9%
1993 7.6% -19.0%
1994 4.3% -44.3%
1995 4.5% +6.2%
1996 4.0% -10.4%
1997 5.9% +44.8%
1998 11.2% +91.0%
1999 13.1% +17.0%
2000 13.1% +0.1%
2001 15.7% +20.0%
2002 16.8% +6.6%
2003 16.2% -3.2%
2004 14.9% -8.4%
2005 13.4% -9.9%
2006 12.1% -9.7%
2007 12.4% +2.8%
2008 10.6% -14.9%
2009 12.2% +14.8%
2010 11.7% -3.4%
2011 10.7% -8.5%
2012 10.9% +1.5%
2013 9.8% -9.8%
2014 10.4% +5.5%
2015 13.8% +33.2%
2016 19.2% +38.8%
2017 22.0% +14.7%
2018 23.4% +6.2%
2019 25.2% +8.1%
2020 29.9% +18.6%
2021 29.5% -1.5%
2022 31.2% +5.8%
2023 35.1% +12.5%
2024 37.8% +7.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 6.7% 6.4% 6.9% 5
1970s 5.4% 1.7% 7.1% 10
1980s 12.1% 5.5% 22.6% 10
1990s 8.3% 4.0% 13.1% 10
2000s 13.7% 10.6% 16.8% 10
2010s 15.7% 9.8% 25.2% 10
2020s 32.7% 29.5% 37.8% 5

Countries ranked near Upper middle income

  1. 7 Italy 50.8% compare
  2. 8 Egypt 48.2% compare
  3. 9 El Salvador 47.6% compare
  4. 10 Thailand 46.6% compare
  5. 11 China 46.0% compare
  6. 12 Fiji 43.4% compare
  7. 13 Algeria 42.4% compare

See the full ranking of 233 places →

More financial sector data for Upper middle income

All data for Upper middle income →

Frequently asked questions

What is claims on central government, etc. in Upper middle income?
Claims on central government, etc. in Upper middle income was 37.8% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest claims on central government, etc. recorded in Upper middle income?
The highest recorded value was 37.8% in 2024.
What is the lowest claims on central government, etc. recorded in Upper middle income?
The lowest recorded value was 1.7% in 1978.
How does Upper middle income rank for claims on central government, etc.?
Upper middle income ranks 10th out of 45 groups with data for 2024.
Is claims on central government, etc. rising or falling in Upper middle income?
Over the last ten years it is up 264.6%. The long-run trend across the full record is volatile.
Where does this Upper middle income data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Claims on central government, etc. (% GDP). Statizoid updates them automatically from the source API.

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Claims on central government, etc. in Upper middle income. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 31 August 2026, from https://financial-sector.statizoid.com/stat/claims-on-central-government-etc-percent-gdp/upper-middle-income/

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About this data

Indicator
Claims on central government, etc. (% GDP)
Unit
% GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
233 places, 11,494 data points, 1960–2025
Last refreshed

Claims on central government include loans to central government institutions net of deposits. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.