Short-term debt in Congo, Democratic Republic of the
Congo, Democratic Republic of the: Short-term debt was 3.8% in 2024. β Volatile
Short-term debt in Congo, Democratic Republic of the, 1970β2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, short-term debt in Congo, Democratic Republic of the stood at 3.8%.
Compared with earlier readings it is down 20.2% on the previous year and up 17.6% over ten years.
Over the whole period, short-term debt in Congo, Democratic Republic of the peaked at 30.6% in 2001 and was at its lowest, 2.4%, in 2017.
That places Congo, Democratic Republic of the 88th out of 121 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.5% | 9.8% | 12.2% | 10 |
| 1980s | 7.1% | 5.3% | 9.8% | 10 |
| 1990s | 20.0% | 7.3% | 27.7% | 10 |
| 2000s | 9.6% | 3.5% | 30.6% | 10 |
| 2010s | 4.5% | 2.4% | 7.7% | 10 |
| 2020s | 4.0% | 2.8% | 5.5% | 5 |
Countries ranked near Congo, Democratic Republic of the
More external debt data for Congo, Democratic Republic of the
- IFC, private nonguaranteed 22.26 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0.2037 NFL, US$ 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$), per square kilometre 32.2 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 0.5% (2024)
- Net financial flows, IDA 498.36 million NFL, current US$ (2024)
- Net financial flows, IBRD -81.55 million NFL, current US$ (2002)
- Public and publicly guaranteed debt service 1.1% (2024)
- Use of IMF credit 4.08 billion DOD, current US$ (2024)
- External debt stocks, public and publicly guaranteed (PPG) 7.92 billion DOD, current US$ (2024)
Frequently asked questions
- What is short-term debt in Congo, Democratic Republic of the?
- Short-term debt in Congo, Democratic Republic of the was 3.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Congo, Democratic Republic of the?
- The highest recorded value was 30.6% in 2001.
- What is the lowest short-term debt recorded in Congo, Democratic Republic of the?
- The lowest recorded value was 2.4% in 2017.
- How does Congo, Democratic Republic of the rank for short-term debt?
- Congo, Democratic Republic of the ranks 88th out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Congo, Democratic Republic of the?
- Over the last ten years it is up 17.6%. The long-run trend across the full record is volatile.
- Where does this Congo, Democratic Republic of the 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.