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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001660935_C000166976Member" xml:lang="en-US">C000166976 [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_cik0001660935_C000166976Member" xml:lang="en-US">American Funds Emerging Markets Bond Fund - Class 529-C</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001660935_C000166976Member" xlink:to="lab_cik0001660935_C000166976Member" />
          <link:loc xlink:type="locator" xlink:href="cik0001660935-20260630.xsd#cik0001660935_C000166977Member" xlink:label="loc_cik0001660935_C000166977Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001660935_C000166977Member" xml:lang="en-US">C000166977 [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_cik0001660935_C000166977Member" xml:lang="en-US">American Funds Emerging Markets Bond Fund - Class 529-E</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001660935_C000166977Member" xlink:to="lab_cik0001660935_C000166977Member" />
          <link:loc xlink:type="locator" xlink:href="cik0001660935-20260630.xsd#cik0001660935_C000224621Member" xlink:label="loc_cik0001660935_C000224621Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001660935_C000224621Member" xml:lang="en-US">C000224621 [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_cik0001660935_C000224621Member" xml:lang="en-US">American Funds Emerging Markets Bond Fund - Class 529-F-2</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001660935_C000224621Member" xlink:to="lab_cik0001660935_C000224621Member" />
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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001660935_C000224622Member" xml:lang="en-US">C000224622 [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_cik0001660935_C000224622Member" xml:lang="en-US">American Funds Emerging Markets Bond Fund - Class 529-F-3</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001660935_C000224622Member" xlink:to="lab_cik0001660935_C000224622Member" />
          <link:loc xlink:type="locator" xlink:href="cik0001660935-20260630.xsd#cik0001660935_C000166967Member" xlink:label="loc_cik0001660935_C000166967Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001660935_C000166967Member" xml:lang="en-US">C000166967 [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_cik0001660935_C000166967Member" xml:lang="en-US">American Funds Emerging Markets Bond Fund - Class R-1</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001660935_C000166967Member" xlink:to="lab_cik0001660935_C000166967Member" />
          <link:loc xlink:type="locator" xlink:href="cik0001660935-20260630.xsd#cik0001660935_C000166968Member" xlink:label="loc_cik0001660935_C000166968Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001660935_C000166968Member" xml:lang="en-US">C000166968 [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_cik0001660935_C000166968Member" xml:lang="en-US">American Funds Emerging Markets Bond Fund - Class R-2</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001660935_C000166968Member" xlink:to="lab_cik0001660935_C000166968Member" />
          <link:loc xlink:type="locator" xlink:href="cik0001660935-20260630.xsd#cik0001660935_C000166969Member" xlink:label="loc_cik0001660935_C000166969Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001660935_C000166969Member" xml:lang="en-US">C000166969 [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_cik0001660935_C000166969Member" xml:lang="en-US">American Funds Emerging Markets Bond Fund - Class R-2E</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001660935_C000166969Member" xlink:to="lab_cik0001660935_C000166969Member" />
          <link:loc xlink:type="locator" xlink:href="cik0001660935-20260630.xsd#cik0001660935_C000166970Member" xlink:label="loc_cik0001660935_C000166970Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001660935_C000166970Member" xml:lang="en-US">C000166970 [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_cik0001660935_C000166970Member" xml:lang="en-US">American Funds Emerging Markets Bond Fund - Class R-3</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001660935_C000166970Member" xlink:to="lab_cik0001660935_C000166970Member" />
          <link:loc xlink:type="locator" xlink:href="cik0001660935-20260630.xsd#cik0001660935_C000166971Member" xlink:label="loc_cik0001660935_C000166971Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001660935_C000166971Member" xml:lang="en-US">C000166971 [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_cik0001660935_C000166971Member" xml:lang="en-US">American Funds Emerging Markets Bond Fund - Class R-4</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001660935_C000166971Member" xlink:to="lab_cik0001660935_C000166971Member" />
          <link:loc xlink:type="locator" xlink:href="cik0001660935-20260630.xsd#cik0001660935_C000166973Member" xlink:label="loc_cik0001660935_C000166973Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001660935_C000166973Member" xml:lang="en-US">C000166973 [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_cik0001660935_C000166973Member" xml:lang="en-US">American Funds Emerging Markets Bond Fund - Class R-5E</link:label>
          <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cik0001660935_C000166973Member" xlink:to="lab_cik0001660935_C000166973Member" />
          <link:loc xlink:type="locator" xlink:href="cik0001660935-20260630.xsd#cik0001660935_C000166972Member" xlink:label="loc_cik0001660935_C000166972Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001660935_C000166972Member" xml:lang="en-US">C000166972 [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_cik0001660935_C000166972Member" xml:lang="en-US">American Funds Emerging Markets Bond Fund - Class R-5</link:label>
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          <link:loc xlink:type="locator" xlink:href="cik0001660935-20260630.xsd#cik0001660935_C000166974Member" xlink:label="loc_cik0001660935_C000166974Member" />
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_cik0001660935_C000166974Member" xml:lang="en-US">C000166974 [Member]</link:label>
          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="lab_cik0001660935_C000166974Member" xml:lang="en-US">American Funds Emerging Markets Bond Fund - Class R-6</link:label>
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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_us-gaap_InvestmentTypeAxis" xml:lang="en-US">Investment Type [Axis]</link:label>
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          <link:loc xlink:type="locator" xlink:href="cik0001660935-20260630.xsd#cik0001660935_USCorporateBondsAndNotesMember" xlink:label="loc_cik0001660935_USCorporateBondsAndNotesMember" />
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          <link:loc xlink:type="locator" xlink:href="cik0001660935-20260630.xsd#cik0001660935_CorporateBondsAndNotesOfIssuersOutsideTheUSMember" xlink:label="loc_cik0001660935_CorporateBondsAndNotesOfIssuersOutsideTheUSMember" />
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          <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_us-gaap_CommonStockMember" xml:lang="en-US">Common Stock [Member]</link:label>
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  <import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" />
  <import namespace="http://fasb.org/us-gaap/2026" schemaLocation="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd" />
  <import namespace="http://xbrl.sec.gov/country/2026" schemaLocation="https://xbrl.sec.gov/country/2026/country-2026.xsd" />
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