Public Debt in Domestic Currency

Public Debt in Domestic Currency refers to the outstanding stock of public debt denominated in local currency, contracted by the government with both resident and non-resident creditors. It includes loans, bonds, and other financial instruments issued or payable in domestic currency, and is reported across government levels (central government, general government, and the non-financial public sector, where available). The indicator captures reliance on local-currency financing and the government's exposure to domestic monetary and financial conditions. It is part of the Inter-American Development Bank (IDB) Latin Macro Watch for Latin America and the Caribbean.

Coverage

The series is available for 2 countries across Latin America and the Caribbean at annual, monthly, and quarterly frequency, covering 2000 to 2026. Values are provided in millions of domestic currency, millions of USD, as a share of GDP (% of GDP), at constant prices (CPI-deflated), and on a fiscal-year (Q4–Q3 aggregation) basis, with average-of-period, end-of-period, and year-to-date (YTD) variants. Transformations include moving averages (MA3, MA6, MA12) and month-over-month (MoM %), quarter-over-quarter (QoQ %), and year-over-year (YoY %) changes.

Sources

Data are compiled from the Tesouro Nacional do Brasil and the Ministerio de Economía y Finanzas de Uruguay. The Latin Macro Watch standardizes these national debt statistics so analysts and policymakers can compare local-currency public debt across the region on data.iadb.org.

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Format	CSV
Language	en
Country	Argentina Bahamas Trinidad & Tobago Belize Costa Rica Dominican Republic Ecuador Bolivia Brazil Chile Colombia El Salvador Jamaica Mexico Nicaragua Guatemala Guyana Haiti Honduras Panama Uruguay Venezuela Barbados Paraguay Peru Suriname
Data notes	What does Public Debt in Domestic Currency measure? It measures the outstanding stock of public debt denominated in local currency, including loans, bonds, and other instruments issued or payable in domestic currency. It reflects reliance on local-currency financing and exposure to domestic monetary and financial conditions. How many countries and which frequencies and periods are covered? The series is available for 2 countries across Latin America and the Caribbean at annual, monthly, and quarterly frequency, covering 2000 to 2026. What units and transformations are available? Values are available in millions of domestic currency, millions of USD, as a share of GDP, at constant prices (CPI-deflated), and on a fiscal-year (Q4–Q3) basis, with average-of-period, end-of-period, and YTD variants. Transformations include MA3, MA6, MA12 moving averages and MoM %, QoQ %, and YoY % changes. Where does the data come from? Data are compiled from the Tesouro Nacional do Brasil and the Ministerio de Economía y Finanzas de Uruguay, then standardized by the IDB Latin Macro Watch. For Brazil, the currency split is based on the National Treasury's Monthly Debt Report. What are typical uses of this indicator? Analysts use it to assess debt sustainability, study the currency composition of public debt, evaluate exposure to exchange-rate risk, and compare local-currency financing strategies across the region. How do I cite this indicator? Cite it as: Inter-American Development Bank (IDB), Latin Macro Watch — "Public Debt in Domestic Currency". data.iadb.org/dataset/latin-macro-watch-dataset.