‘Debt service’ is the term for paying off one’s debts. The debt repayments shown here are publicly guaranteed long term debts and credits from the International Monetary Fund. Money is lent directly between territories (bilaterally) or via international organisations (multilaterally). The payments shown here include interest that is being paid, as well as the cost of paying off the original loan.
The debt payments of Southeastern Africa, Northern Africa, Southern Asia and South America were more than a quarter of the earnings made from the export of goods and services from those regions. These statistics inspired the formation of the Jubilee 2000 Campaign in the 1990s.