The external debt of the private sector totaled USD 101,297 million as of 31.12.24, registering a quarterly fall of USD 2,245 million explained by commercial debt cancellations of USD 4,163 million, partially offset by increases in financial debt of USD 1,918 million. In the year-on-year comparison, private external debt registered a fall of USD 3,111 million, mainly explained by net cancellations of commercial debt (USD 5,196 million).
The external commercial debt of the private sector totaled USD 59,542 million as of 31.12.24. The external debt for exports of goods stood at USD 5,493 million, showing a decrease of USD 265 million compared to 30.09.24 and USD 1,566 million in the year-on-year comparison. External debt for imports of goods totaled USD 40,249 million as of 31.12.24, with net cancellations, for the third consecutive quarter, of USD 4,101 million and reaching the largest decrease in a quarter since the beginning of the series. On the other hand, external debt for services reached USD 13,799 million as of 12/31/24, with an increase of USD 203 million compared to the previous quarter and accumulating an increase of USD 703 million in year-on-year terms.
The external financial debt of the private sector totaled USD 41,755 million as of 31.12.24, showing a quarterly increase of USD 1,918 million and USD 2,085 million compared to the previous year. The increase in the quarter was mainly explained by the increase of USD 1,546 million in financial loans and USD 467 million in “Debt Securities”, partially offset by the category “Earnings and dividends” and “Other financial debt”, which showed a decrease in net terms of USD 55 million and USD 40 million, respectively.
