Short-term debt (% of total external debt) in Brazil
Brazil: Short-term debt (% of total external debt) was 13.9% in 2024. ▼ Falling
Short-term debt in Brazil, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
Brazil recorded 13.9% for short-term debt in 2024.
The figure is up 5.0% on the previous year and up 33.3% over ten years.
Over the whole period, short-term debt in Brazil peaked at 21.7% in 1991 and was at its lowest, 6.9%, in 2013.
That places Brazil 39th out of 122 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Short-term debt (% of total external debt) in Brazil, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 11.9% | — |
| 1971 | 11.9% | +0.1% |
| 1972 | 11.9% | -0.2% |
| 1973 | 12.0% | +0.2% |
| 1974 | 12.0% | +0.6% |
| 1975 | 11.9% | -1.1% |
| 1976 | 12.0% | +0.5% |
| 1977 | 14.1% | +18.0% |
| 1978 | 12.9% | -8.9% |
| 1979 | 14.0% | +8.7% |
| 1980 | 18.8% | +34.5% |
| 1981 | 18.7% | -0.4% |
| 1982 | 18.5% | -1.2% |
| 1983 | 14.4% | -22.2% |
| 1984 | 10.6% | -26.7% |
| 1985 | 9.0% | -14.7% |
| 1986 | 8.6% | -4.5% |
| 1987 | 11.1% | +29.1% |
| 1988 | 8.9% | -19.9% |
| 1989 | 15.7% | +76.3% |
| 1990 | 19.7% | +25.8% |
| 1991 | 21.7% | +10.0% |
| 1992 | 18.6% | -14.2% |
| 1993 | 21.7% | +16.5% |
| 1994 | 21.0% | -2.9% |
| 1995 | 19.4% | -7.8% |
| 1996 | 19.8% | +1.8% |
| 1997 | 17.5% | -11.4% |
| 1998 | 12.3% | -29.5% |
| 1999 | 11.9% | -3.4% |
| 2000 | 12.8% | +7.1% |
| 2001 | 12.3% | -3.7% |
| 2002 | 10.1% | -18.0% |
| 2003 | 10.4% | +3.4% |
| 2004 | 11.4% | +9.8% |
| 2005 | 12.7% | +11.3% |
| 2006 | 10.5% | -17.9% |
| 2007 | 16.5% | +57.4% |
| 2008 | 13.9% | -15.3% |
| 2009 | 14.1% | +1.4% |
| 2010 | 18.6% | +31.6% |
| 2011 | 10.4% | -43.9% |
| 2012 | 7.4% | -29.1% |
| 2013 | 6.9% | -6.4% |
| 2014 | 10.4% | +50.8% |
| 2015 | 9.6% | -7.8% |
| 2016 | 10.5% | +9.3% |
| 2017 | 9.7% | -8.3% |
| 2018 | 12.0% | +24.2% |
| 2019 | 13.9% | +16.2% |
| 2020 | 12.6% | -9.8% |
| 2021 | 13.8% | +9.8% |
| 2022 | 11.7% | -15.1% |
| 2023 | 13.3% | +13.3% |
| 2024 | 13.9% | +5.0% |
Brazil compared with similar countries
- Brazil's 13.9% is above the median for upper middle income countries, which is 11.8%, 1.2× the median. (52 countries reporting)
- Brazil's 13.9% is above the median for Latin America & Caribbean, which is 9.1%, 1.5× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.5% | 11.9% | 14.1% | 10 |
| 1980s | 13.4% | 8.6% | 18.8% | 10 |
| 1990s | 18.4% | 11.9% | 21.7% | 10 |
| 2000s | 12.5% | 10.1% | 16.5% | 10 |
| 2010s | 11.0% | 6.9% | 18.6% | 10 |
| 2020s | 13.0% | 11.7% | 13.9% | 5 |
Countries ranked near Brazil
- 36 Indonesia 15.5% compare
- 37 Philippines 15.3% compare
- 38 Djibouti 15.0% compare
- 40 Haiti 13.7% compare
- 41 Kyrgyzstan 13.7% compare
- 42 Afghanistan 13.2% compare
More external debt data for Brazil
- IFC, private nonguaranteed 678.60 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 3.2 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0003 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 132.43 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.0% (2024)
- Net financial flows, IBRD -447.42 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 9.7% (2024)
- Net financial flows, IBRD (NFL, current US$), annual growth rate 7.12 % change on previous year (2024)
- Other investment, Debt instruments 85.56 billion US dollar (2025)
- Use of IMF credit 17.57 billion DOD, current US$ (2024)
Frequently asked questions
- What is short-term debt in Brazil?
- Short-term debt in Brazil was 13.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Brazil?
- The highest recorded value was 21.7% in 1991.
- What is the lowest short-term debt recorded in Brazil?
- The lowest recorded value was 6.9% in 2013.
- How does Brazil rank for short-term debt?
- Brazil ranks 39th out of 122 countries with data for 2024.
- Is short-term debt rising or falling in Brazil?
- Over the last ten years it is up 33.3%. The long-run trend across the full record is falling.
- Where does this Brazil 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.