Short-term debt (% of total external debt) by country
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term...
Countries reporting
118
Highest
54.8%
Mauritius
Lowest
0.0%
Tonga
Median
9.1%
Years covered
55
1970–2024
Data points
6,524
What the numbers show
Short-term debt (% of total external debt) is currently reported for 118 countries. The highest value is 54.8% in Mauritius; the lowest is 0.0% in Tonga.
The median across all reporting countries is 9.1%, and the mean is 11.7%.
Over the past decade 49 countries rose and 65 fell. The largest increase was in Lesotho (up 670.0%), and the largest decrease in Bhutan (down 100.0%).
Short-term debt: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Mauritius | 54.8% | 2024 | up 30.8% | volatile |
| 2 | China | 54.0% | 2024 | down 22.6% | volatile |
| 3 | Somalia | 41.8% | 2024 | up 46.6% | volatile |
| 4 | Tunisia | 39.4% | 2024 | up 58.7% | volatile |
| 5 | Jordan | 38.1% | 2024 | down 15.6% | volatile |
| 6 | Thailand | 36.2% | 2024 | down 5.2% | rising |
| 7 | Turkey | 34.6% | 2024 | up 0.4% | rising |
| 8 | Dominica | 30.5% | 2024 | down 11.5% | volatile |
| 9 | Belarus | 29.0% | 2024 | down 9.5% | falling |
| 10 | Lebanon | 28.3% | 2024 | up 127.6% | volatile |
| 11 | Vietnam | 27.9% | 2024 | up 53.3% | volatile |
| 12 | Zimbabwe | 27.5% | 2024 | down 9.7% | volatile |
| 13 | Fiji | 27.2% | 2024 | up 11.2% | volatile |
| 15 | Algeria | 25.5% | 2024 | down 28.8% | volatile |
| 16 | North Macedonia | 24.8% | 2024 | up 5.3% | rising |
| 17 | Iran | 23.7% | 2024 | up 219.0% | volatile |
| 18 | Bosnia and Herzegovina | 22.1% | 2024 | up 272.1% | volatile |
| 19 | Vanuatu | 22.1% | 2024 | down 44.4% | volatile |
| 20 | Sudan | 21.5% | 2024 | down 11.3% | rising |
| 21 | Armenia | 21.3% | 2024 | up 101.0% | volatile |
| 22 | Moldova | 21.3% | 2024 | down 15.5% | volatile |
| 23 | Bulgaria | 21.2% | 2022 | down 21.0% | volatile |
| 24 | Cambodia | 20.5% | 2024 | up 56.7% | volatile |
| 25 | Nigeria | 20.4% | 2024 | down 24.5% | volatile |
| 26 | Argentina | 20.0% | 2024 | down 9.0% | rising |
| 27 | Egypt | 19.9% | 2024 | up 150.0% | volatile |
| 28 | India | 19.5% | 2024 | up 4.1% | volatile |
| 29 | Georgia | 18.8% | 2024 | up 23.3% | volatile |
| 30 | Russia | 17.4% | 2022 | up 26.0% | rising |
| 31 | Samoa | 17.4% | 2024 | up 150.7% | volatile |
| 32 | Cape Verde | 16.4% | 2024 | up 1.0% | volatile |
| 33 | Jamaica | 16.2% | 2024 | up 49.0% | volatile |
| 34 | Indonesia | 15.5% | 2024 | down 1.5% | rising |
| 35 | Philippines | 15.3% | 2024 | down 26.0% | volatile |
| 36 | Djibouti | 15.0% | 2024 | up 83.4% | volatile |
| 37 | Brazil | 13.9% | 2024 | up 33.3% | falling |
| 38 | Haiti | 13.7% | 2024 | up 93.7% | volatile |
| 39 | Kyrgyzstan | 13.7% | 2024 | up 218.3% | volatile |
| 40 | Afghanistan | 13.2% | 2024 | up 92.4% | volatile |
| 41 | Syria | 13.0% | 2024 | up 12.1% | rising |
| 42 | Tajikistan | 12.5% | 2024 | down 45.1% | volatile |
| 43 | Bangladesh | 12.4% | 2024 | up 5.3% | volatile |
| 44 | Honduras | 12.3% | 2024 | up 80.4% | volatile |
| 46 | Paraguay | 11.9% | 2024 | up 17.2% | volatile |
| 47 | Kazakhstan | 11.7% | 2024 | up 91.6% | volatile |
| 48 | Albania | 11.6% | 2024 | down 47.4% | volatile |
| 49 | Peru | 11.2% | 2024 | up 9.3% | falling |
| 50 | Morocco | 11.0% | 2024 | down 37.1% | volatile |
| 51 | El Salvador | 10.6% | 2024 | down 20.2% | volatile |
| 52 | Cote d'Ivoire | 10.6% | 2024 | — | volatile |
| 53 | Mexico | 10.3% | 2024 | down 30.9% | falling |
| 54 | Sri Lanka | 10.2% | 2024 | down 40.9% | rising |
| 55 | Zambia | 9.9% | 2024 | up 17.1% | volatile |
| 56 | Angola | 9.9% | 2024 | down 40.7% | falling |
| 57 | Congo | 9.8% | 2024 | up 165.1% | volatile |
| 58 | Senegal | 9.7% | 2024 | down 22.5% | volatile |
| 59 | Ukraine | 9.5% | 2024 | down 46.7% | volatile |
| 60 | Colombia | 9.4% | 2024 | down 19.1% | falling |
| 61 | Tanzania | 9.3% | 2024 | down 19.7% | volatile |
| 62 | Benin | 9.0% | 2024 | down 75.6% | volatile |
| 63 | Nicaragua | 8.7% | 2024 | down 37.0% | falling |
| 64 | Uzbekistan | 8.1% | 2024 | up 548.1% | volatile |
| 65 | Saint Vincent and the Grenadines | 8.1% | 2024 | — | volatile |
| 66 | Dominican Republic | 7.8% | 2024 | down 17.8% | volatile |
| 67 | Sierra Leone | 7.5% | 2024 | down 49.9% | volatile |
| 68 | Pakistan | 7.4% | 2024 | down 13.2% | volatile |
| 69 | Yemen | 7.2% | 2024 | up 76.3% | volatile |
| 70 | Guinea | 7.0% | 2024 | up 105.4% | falling |
| 71 | Ghana | 7.0% | 2024 | down 34.8% | volatile |
| 72 | Eritrea | 6.7% | 2024 | up 8.6% | volatile |
| 73 | Saint Lucia | 6.7% | 2024 | down 69.6% | volatile |
| 74 | Botswana | 6.2% | 2024 | down 62.9% | volatile |
| 75 | Mongolia | 6.2% | 2024 | down 41.0% | volatile |
| 76 | Laos | 6.2% | 2024 | down 29.6% | volatile |
| 77 | Cameroon | 6.0% | 2024 | up 96.5% | volatile |
| 78 | Eswatini | 5.6% | 2024 | down 7.2% | volatile |
| 79 | Suriname | 5.1% | 2023 | down 68.8% | falling |
| 80 | Solomon Islands | 4.9% | 2024 | down 38.7% | volatile |
| 81 | Mauritania | 4.8% | 2024 | down 78.9% | volatile |
| 82 | Kenya | 4.7% | 2024 | down 60.4% | falling |
| 83 | Nepal | 4.2% | 2024 | down 50.2% | volatile |
| 84 | Iraq | 4.1% | 2024 | up 8.4% | rising |
| 85 | Bolivia | 4.0% | 2024 | up 24.3% | volatile |
| 86 | Rwanda | 3.8% | 2024 | up 347.0% | volatile |
| 87 | Democratic Republic of Congo | 3.8% | 2024 | up 17.6% | volatile |
| 88 | Gambia | 3.7% | 2024 | up 53.3% | volatile |
| 89 | Maldives | 3.4% | 2024 | down 73.8% | volatile |
| 90 | Togo | 3.4% | 2024 | down 60.4% | volatile |
| 91 | Montenegro | 2.7% | 2024 | down 35.8% | volatile |
| 92 | Uganda | 2.5% | 2024 | down 59.0% | volatile |
| 93 | Sao Tome and Principe | 2.4% | 2024 | down 50.6% | volatile |
| 94 | Gabon | 2.2% | 2024 | up 42.0% | volatile |
| 95 | Malawi | 2.0% | 2024 | up 55.5% | volatile |
| 96 | Serbia | 1.9% | 2024 | up 16.0% | volatile |
| 97 | Grenada | 1.8% | 2024 | down 85.3% | volatile |
| 98 | Azerbaijan | 1.8% | 2024 | down 89.3% | volatile |
| 99 | Mozambique | 1.7% | 2024 | up 7.8% | volatile |
| 100 | Guyana | 1.7% | 2024 | down 95.6% | volatile |
| 101 | Madagascar | 1.5% | 2024 | down 84.2% | volatile |
| 102 | Ecuador | 1.0% | 2024 | down 74.4% | volatile |
| 103 | Ethiopia | 1.0% | 2024 | down 44.1% | volatile |
| 104 | Papua New Guinea | 0.9% | 2024 | down 76.2% | volatile |
| 105 | Turkmenistan | 0.9% | 2024 | — | volatile |
| 106 | Chad | 0.9% | 2024 | up 607.5% | volatile |
| 107 | Belize | 0.8% | 2024 | up 99.7% | volatile |
| 108 | Mali | 0.6% | 2024 | down 60.1% | volatile |
| 109 | Guatemala | 0.6% | 2024 | down 87.1% | volatile |
| 110 | Myanmar | 0.6% | 2024 | down 35.8% | volatile |
| 111 | Niger | 0.6% | 2024 | down 82.6% | volatile |
| 112 | East Timor | 0.4% | 2024 | down 99.4% | volatile |
| 113 | Burundi | 0.3% | 2024 | down 96.3% | volatile |
| 114 | Lesotho | 0.2% | 2024 | up 670.0% | volatile |
| 115 | Guinea-Bissau | 0.1% | 2024 | down 98.9% | volatile |
| 116 | Burkina Faso | 0.0% | 2024 | — | volatile |
| 116 | Bhutan | 0.0% | 2024 | down 100.0% | volatile |
| 116 | Comoros | 0.0% | 2024 | down 100.0% | volatile |
| 116 | Liberia | 0.0% | 2024 | down 100.0% | volatile |
| 116 | Tonga | 0.0% | 2024 | down 100.0% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- East Asia & Pacific (excluding high income) 44.2%
- Kosovo 35.6%
- Upper middle income 31.3%
- Middle income 27.4%
- Low & middle income 26.8%
- Europe & Central Asia (excluding high income) 21.8%
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income) 19.2%
- South Asia 17.7%
- Lower middle income 16.7%
- Sub-Saharan Africa (excluding high income) 13.7%
- Latin America & Caribbean (excluding high income) 12.1%
- IDA only 8.9%
About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.