Short-term debt in Algeria
Algeria: Short-term debt was 25.5% in 2024. ◆ Volatile
Short-term debt in Algeria, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, short-term debt in Algeria stood at 25.5%.
The figure is down 2.7% on the previous year and down 28.8% over ten years.
Over the whole period, short-term debt in Algeria peaked at 41.2% in 2019 and was at its lowest, 0.0%, in 1970.
Algeria ranks 16th of 121 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Algeria, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | — |
| 1972 | 0.0% | — |
| 1973 | 0.0% | — |
| 1974 | 0.0% | — |
| 1975 | 0.0% | — |
| 1976 | 0.0% | — |
| 1977 | 15.9% | — |
| 1978 | 12.6% | -20.7% |
| 1979 | 10.4% | -17.2% |
| 1980 | 12.0% | +15.0% |
| 1981 | 12.6% | +4.6% |
| 1982 | 15.6% | +24.2% |
| 1983 | 12.0% | -23.3% |
| 1984 | 11.1% | -7.4% |
| 1985 | 10.2% | -7.9% |
| 1986 | 13.9% | +36.5% |
| 1987 | 5.4% | -61.3% |
| 1988 | 6.2% | +15.4% |
| 1989 | 6.8% | +8.7% |
| 1990 | 2.8% | -58.4% |
| 1991 | 4.3% | +54.8% |
| 1992 | 2.9% | -33.3% |
| 1993 | 2.7% | -8.0% |
| 1994 | 2.1% | -21.2% |
| 1995 | 0.8% | -62.5% |
| 1996 | 1.0% | +23.5% |
| 1997 | 0.5% | -46.1% |
| 1998 | 0.6% | +15.5% |
| 1999 | 0.7% | +14.3% |
| 2000 | 0.9% | +25.9% |
| 2001 | 0.9% | +0.1% |
| 2002 | 0.5% | -46.5% |
| 2003 | 0.6% | +31.1% |
| 2004 | 1.9% | +213.9% |
| 2005 | 3.0% | +57.2% |
| 2006 | 9.2% | +203.5% |
| 2007 | 12.2% | +33.4% |
| 2008 | 20.9% | +70.8% |
| 2009 | 20.1% | -3.6% |
| 2010 | 24.5% | +21.8% |
| 2011 | 18.9% | -23.1% |
| 2012 | 21.8% | +15.8% |
| 2013 | 25.3% | +15.9% |
| 2014 | 35.8% | +41.3% |
| 2015 | 39.0% | +9.1% |
| 2016 | 36.4% | -6.9% |
| 2017 | 36.7% | +1.1% |
| 2018 | 40.6% | +10.6% |
| 2019 | 41.2% | +1.5% |
| 2020 | 34.4% | -16.5% |
| 2021 | 21.6% | -37.2% |
| 2022 | 24.5% | +13.1% |
| 2023 | 26.1% | +6.9% |
| 2024 | 25.5% | -2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.9% | 0.0% | 15.9% | 10 |
| 1980s | 10.6% | 5.4% | 15.6% | 10 |
| 1990s | 1.8% | 0.5% | 4.3% | 10 |
| 2000s | 7.0% | 0.5% | 20.9% | 10 |
| 2010s | 32.0% | 18.9% | 41.2% | 10 |
| 2020s | 26.4% | 21.6% | 34.4% | 5 |
Countries ranked near Algeria
- 13 Zimbabwe 27.5% compare
- 14 Fiji 27.2% compare
- 15 South Africa 26.6% compare
- 17 North Macedonia 24.8% compare
- 18 Iran, Islamic Republic of 23.7% compare
- 19 Bosnia and Herzegovina 22.1% compare
More external debt data for Algeria
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 0.0% (2024)
- Net financial flows, IBRD -725,000 NFL, current US$ (2017)
- Public and publicly guaranteed debt service 0.2% (2024)
- Net financial flows, IBRD (NFL, current US$), annual growth rate -84.95 % change on previous year (2017)
- Other investment, Debt instruments 3.00 billion US dollar (2024)
- Use of IMF credit 4.01 billion DOD, current US$ (2024)
Frequently asked questions
- What is short-term debt in Algeria?
- Short-term debt in Algeria was 25.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Algeria?
- The highest recorded value was 41.2% in 2019.
- What is the lowest short-term debt recorded in Algeria?
- The lowest recorded value was 0.0% in 1970.
- How does Algeria rank for short-term debt?
- Algeria ranks 16th out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Algeria?
- Over the last ten years it is down 28.8%. The long-run trend across the full record is volatile.
- Where does this Algeria data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
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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.