Short-term debt in Colombia
Colombia: Short-term debt was 9.4% in 2024. ▼ Falling
Short-term debt in Colombia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
Colombia recorded 9.4% for short-term debt in 2024.
That represents a change of up 0.2% on the previous year and down 19.1% over ten years.
Over the whole period, short-term debt in Colombia peaked at 37.5% in 1977 and was at its lowest, 7.5%, in 2009.
Colombia ranks 61st of 121 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Short-term debt in Colombia, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 25.8% | — |
| 1971 | 25.7% | -0.3% |
| 1972 | 25.7% | -0.1% |
| 1973 | 25.7% | +0.1% |
| 1974 | 25.6% | -0.3% |
| 1975 | 25.7% | +0.3% |
| 1976 | 25.8% | +0.1% |
| 1977 | 37.5% | +45.7% |
| 1978 | 36.5% | -2.9% |
| 1979 | 33.2% | -8.9% |
| 1980 | 32.8% | -1.4% |
| 1981 | 31.1% | -5.1% |
| 1982 | 29.7% | -4.5% |
| 1983 | 28.0% | -5.7% |
| 1984 | 23.4% | -16.6% |
| 1985 | 21.4% | -8.2% |
| 1986 | 10.2% | -52.2% |
| 1987 | 9.6% | -6.3% |
| 1988 | 9.4% | -2.6% |
| 1989 | 9.5% | +1.2% |
| 1990 | 8.3% | -12.8% |
| 1991 | 10.1% | +21.9% |
| 1992 | 14.5% | +44.2% |
| 1993 | 19.0% | +30.8% |
| 1994 | 20.2% | +6.4% |
| 1995 | 21.9% | +8.2% |
| 1996 | 20.1% | -7.9% |
| 1997 | 17.8% | -11.4% |
| 1998 | 18.6% | +4.5% |
| 1999 | 11.4% | -39.0% |
| 2000 | 8.4% | -26.5% |
| 2001 | 9.0% | +7.3% |
| 2002 | 10.9% | +21.4% |
| 2003 | 9.5% | -12.6% |
| 2004 | 13.4% | +40.5% |
| 2005 | 15.0% | +12.3% |
| 2006 | 12.3% | -18.0% |
| 2007 | 11.6% | -5.6% |
| 2008 | 12.0% | +2.8% |
| 2009 | 7.5% | -37.6% |
| 2010 | 12.3% | +64.3% |
| 2011 | 13.9% | +13.3% |
| 2012 | 13.0% | -6.3% |
| 2013 | 11.8% | -9.9% |
| 2014 | 11.7% | -0.7% |
| 2015 | 10.5% | -9.9% |
| 2016 | 9.3% | -11.3% |
| 2017 | 10.3% | +10.6% |
| 2018 | 11.2% | +8.3% |
| 2019 | 11.2% | +0.5% |
| 2020 | 8.9% | -20.7% |
| 2021 | 9.2% | +3.2% |
| 2022 | 10.5% | +14.0% |
| 2023 | 9.4% | -10.2% |
| 2024 | 9.4% | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.7% | 25.6% | 37.5% | 10 |
| 1980s | 20.5% | 9.4% | 32.8% | 10 |
| 1990s | 16.2% | 8.3% | 21.9% | 10 |
| 2000s | 11.0% | 7.5% | 15.0% | 10 |
| 2010s | 11.5% | 9.3% | 13.9% | 10 |
| 2020s | 9.5% | 8.9% | 10.5% | 5 |
Countries ranked near Colombia
More external debt data for Colombia
- IFC, private nonguaranteed 191.58 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 3.62 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0005 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 246.69 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 3.6% (2024)
- Net financial flows, IDA -353,000 NFL, current US$ (2011)
- Net financial flows, IDA (NFL, current US$), per capita -0.0078 NFL, current US$ per person (2011)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0 NFL, current US$ per US$ of GDP (2011)
- Net financial flows, IBRD 648.74 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 18.9% (2024)
Frequently asked questions
- What is short-term debt in Colombia?
- Short-term debt in Colombia was 9.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Colombia?
- The highest recorded value was 37.5% in 1977.
- What is the lowest short-term debt recorded in Colombia?
- The lowest recorded value was 7.5% in 2009.
- How does Colombia rank for short-term debt?
- Colombia ranks 61st out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Colombia?
- Over the last ten years it is down 19.1%. The long-run trend across the full record is falling.
- Where does this Colombia 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.