According to the source, the gross public debt of the South American country amounted to approximately 1.58 trillion U.S. dollars in the first quarter of 2025, dwon from 1.67 trillion dollars in the same quarter of the previous year.

Overall, gross public debt of Colombia have experienced an upward trend since, at least, the second quarter of 2020 until the last recorded quarter. According to the source, the gross public debt of the South American country amounted to 235 billion U.S. dollars in the second quarter of 2024.

According to the source, Brazil had roughly 1.50 trillion U.S. dollars worth of gross public debt in domestic currency in the first quarter of 2025. The South American country's debt in foreign currency amounted to 0.08 trillion dollars in the first quarter of 2025.

The gross public debt of Peru grew constantly during the period under consideration. According to the source, the gross public debt of the Latin American country peaked at around 84.72 billion U.S. dollars in the fourth quarter of 2023.

The LAC Debt Group believes that to have sound regional policy it is important to have valid, comparable, and standardized data on Latin America and the Caribbean (LAC). Therefore, at the core of the initiative is the development of a standardized sovereign debt database to help debt managers, policy makers, and other actors of financial markets, analyze the composition of public debt in LAC. The information presented in this database is provided by the Debt Management Offices of 26 LAC countries in response to a questionnaire specifically created to allow comparability of data. The questionnaire is intended to compile up-to-date standardized statistics to conduct cross-country comparisons over clear, objective, and homogeneous definitions of public debt.

In 2023, the public debt that Colombia's government owed to foreign creditors equaled 30.9 percent of the country's GDP, down from 32.2 percent at the end of 2021. Overall, since 2012 the volume of external debt in relation to GDP experienced an upward trend, peaking in 2020.

The Emerging Markets Bond Index (EMBI), commonly known as "riesgo país" in Spanish speaking countries, is a weighted financial benchmark that measures the interest rates paid each day by a selected portfolio of government bonds from emerging countries. It is measured in base points, which reflect the difference between the return rates paid by emerging countries' government bonds and those offered by U.S. Treasury bills. This difference is defined as "spread". Which Latin American country has the highest risk bonds? As of September 19, 2024, Venezuela was the Latin American country with the greatest financial risk and highest expected returns of government bonds, with an EMBI spread of around 254 percent. This means that the annual interest rates paid by Venezuela's sovereign debt titles were estimated to be exponentially higher than those offered by the U.S. Treasury. On the other hand, Brazil's EMBI reached 207 index points at the end of August 2023. In 2023, Venezuela also had the highest average EMBI in Latin America, exceeding 40,000 base points. The impact of COVID-19 on emerging market bonds The economic crisis spawned by the coronavirus pandemic heavily affected the financial market's estimated risks of emerging governmental bonds. For instance, as of June 30, 2020, Argentina's EMBI spread had increased more than four percentage points in comparison to January 30, 2020. All the Latin American economies measured saw a significant increase of the EMBI spread in the first half of the year.

The average bond yield ratio of African countries is significantly higher than that of other developing regions and developed countries such as Germany and the United States. In other words, the borrowing costs of African countries are significantly higher than that of countries in Latin America and the Caribbean, and in Asia and the Pacific.

According to Cognitive Market Research, the global Revenue Based Financing market size was USD 2985.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 61.80% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 1194.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 60.0% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 895.56 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 686.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 63.8% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 149.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 61.2% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 59.70 million in 2024 and will grow at a compound annual growth rate (CAGR) of 61.5% from 2024 to 2031.
The healthcare industry is the fastest-growing category in the Revenue-Based Financing market. The rising demand for healthcare services, especially after the global pandemic, has led to accelerated growth within the sector

Market Dynamics of Revenue Based Financing Market

Key Drivers for Revenue Based Financing Market

Increased Demand for Flexible Capital to Boost Market Growth

In the Revenue-Based Financing Market, one of the most significant drivers is the growing demand for flexible capital solutions among startups and small businesses. Unlike traditional financing methods that often require fixed repayments regardless of a company’s cash flow, revenue-based financing allows businesses to repay their investors based on their monthly revenues. This flexibility is particularly appealing to entrepreneurs who face seasonal fluctuations or unexpected market challenges. By aligning repayment schedules with revenue performance, businesses can manage their cash flow more effectively, reducing the financial burden during lean periods and fostering sustainable growth. This adaptability not only enhances the appeal of revenue-based financing but also empowers businesses to make strategic investments that can drive long-term success without the fear of crippling debt. For instance, in the UK, the government launched the future fund scheme on May 20, 2020, which offers convertible loans to startups based on their revenue

Increasing Adoption of Digital Platforms and Fintech Solutions to Drive Market Growth

The surge in digital platforms and fintech solutions is another key driver in the Revenue-Based Financing market. With advancements in technology, fintech companies have made it easier for businesses to access funding through online platforms, streamlining the application and approval processes. Digital platforms also provide investors with detailed insights into business performance, facilitating better decision-making and risk management. The scalability and transparency offered by these platforms have accelerated the adoption of RBF, making it a popular choice among tech-driven startups and e-commerce businesses looking for quick and hassle-free funding solutions.

Restraint Factor for the Revenue Based Financing Market

High Cost of Capital, will Limit Market Growth

One significant restraint in the Revenue-Based Financing (RBF) market is the high cost of capital associated with this financing model. While RBF provides flexibility in repayment structures, the overall cost can be higher than traditional loans. Investors often charge higher fees or revenue percentages in exchange for the lower risk they assume. For startups and small businesses with limited profit margins, this elevated cost can strain their financial resources and deter them from choosing RBF over other funding options. Consequently, the perception of RBF as a more expensive alternative may hinder its widespread adoption among potential borrowers.

Impact of Covid-19 on the Revenue Based Financing Market

The COVID-19 pandemic has significantly impacted the Revenue-Based Financing Market, catalyzing both challenges and opportunities for businesses seeking flexible capital solutions. As many startups faced unprecedented financial pressures due to lockdowns and redu...

This statistic shows the national debt of Brazil from 2020 to 2023 in relation to the gross domestic product (GDP), with projections up until 2030. The figures refer to the whole country and include the debts of the state, the communities, the municipalities and the social insurances. In 2023, the national debt of Brazil amounted to approximately 84 percent of the GDP. Brazil's economy Brazil has one of the largest economies in the world by gross domestic product ) and Purchasing Power Parity. In 2014, the Brazil's gross domestic product amounted to around 2.24 trillion U.S. dollars. However, it is estimated that by 2030, Brazil will have the fourth highest gross domestic product in the world. In 2014, the United States reported the largest gross domestic product worldwide. However, the estimated national debt of the United States in 2014 was over 105 percent of the gross domestic product, while the estimated national debt of Brazil was approximately 66 percent the same year. Even though the national debt of Brazil has slightly decreased over the last decade, it still remains relatively high. A country's national debt refers to the whole country and includes the debts of the state, the communities, the municipalities and the social insurances. In Brazil, the high national debt is also due to country's trade deficit. In 2013, Brazil’s trade deficit amounted to an estimated 3.3 percent of the GDP, adding up to approximately 8.3 billion U.S. dollars in total.

This statistic shows the government revenue and spending in Spain from 2020 to 2023, with projections up until 2030. In 2023, government revenue in Spain amounted to around 628.28 billion euros, while government spending came to around 680.95 billion euros. The Spanish economy The Spanish economy not only ranked as one of the largest economies in Europe, but also in the world. Due to foreign investments in Latin America, high-caliber infrastructure and an increasing volume of exports, Spain’s economy remained at a relatively high standard up to present day. However, the Spanish economy has also experienced its ups and downs, particularly during the late 2000s and early 2010s. The global financial crisis of 2008 was the first step towards the slow collapse of the Spanish economy, which was then followed by the Eurozone crisis, which initially began in 2009. During these years, government spending dramatically exceeded government revenues and as a result, Spain was forced to absorb regularly increasing debt in order to sustain and preserve the state of the government. Unemployment was always a weakness within the Spanish economy, having never really reached economically appropriate standards for a country of its stature. Prior to the economic crisis, Spain’s unemployment rate remained relatively stable, however saw a sudden but dramatic rise during the following years and currently has the highest unemployment rate in the European Union, only surpassed by Greece, whose economy is arguably in the worst condition in all of Europe.

The national debt in South Korea was forecast to continuously increase between 2024 and 2030 by in total ****** billion U.S. dollars (+***** percent). After the tenth consecutive increasing year, the national debt is estimated to reach **** trillion U.S. dollars and therefore a new peak in 2030. Notably, the national debt was continuously increasing over the past years.The indicator describes the general government gross debt which consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future.Find more key insights for the national debt in countries like Japan, China, and Hong Kong SAR China.

Brazil is Latin America's largest economy based on annual gross domestic product. As of July 2024, Brazil's Emerging Markets Bond Index stood at 228 points, almost 29 points higher than at the same period one year earlier. This index is a weighted capitalization market benchmark that measures the financial returns obtained each day by a selected portfolio of government bonds from emerging countries.The EMBI+, more commonly known as "risco país" in Portuguese, is measured in base points. These show the difference between the return rates paid by emerging countries' government bonds and those offered by the U.S. Treasury. Based on Brazil's EMBI as of October 27, 2020, the annual return rates of Brazilian sovereign debt titles were estimated to be 315 index points higher than those offered by U.S. Treasury bills. This difference is known as "spread".

The ratio of government expenditure to GDP in Argentina was about 31.39 percent in 2024. From 1993 to 2024, the ratio rose by approximately 9.37 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 1.90 percentage points, showing an overall upward trend with periodic ups and downs.Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.

The national debt of South Africa was about 284.49 billion U.S. dollars in 2024. Between 2000 and 2024, the national debt rose by approximately 264.20 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around 183.75 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.