Short-term debt in Congo
Congo: Short-term debt was 9.8% in 2024. ◆ Volatile
Short-term debt in Congo, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
The most recent figure for short-term debt in Congo is 9.8%, measured in 2024.
Compared with earlier readings it is up 240.0% on the previous year and up 165.1% over ten years.
Over the whole period, short-term debt in Congo peaked at 23.3% in 2001 and was at its lowest, 0.3%, in 1970.
Congo ranks 59th of 122 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Congo, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 0.3% | — |
| 1971 | 0.5% | +73.8% |
| 1972 | 0.9% | +100.3% |
| 1973 | 1.6% | +70.6% |
| 1974 | 1.5% | -8.6% |
| 1975 | 1.3% | -14.2% |
| 1976 | 1.8% | +45.4% |
| 1977 | 22.2% | +1112.7% |
| 1978 | 15.6% | -29.9% |
| 1979 | 18.2% | +16.7% |
| 1980 | 16.2% | -11.0% |
| 1981 | 7.8% | -51.8% |
| 1982 | 9.5% | +21.9% |
| 1983 | 8.5% | -10.6% |
| 1984 | 9.4% | +10.7% |
| 1985 | 22.3% | +137.2% |
| 1986 | 20.0% | -10.4% |
| 1987 | 20.9% | +4.6% |
| 1988 | 14.4% | -31.0% |
| 1989 | 17.9% | +23.9% |
| 1990 | 14.9% | -16.8% |
| 1991 | 16.2% | +8.8% |
| 1992 | 18.5% | +14.5% |
| 1993 | 18.6% | +0.3% |
| 1994 | 11.1% | -40.3% |
| 1995 | 16.8% | +51.2% |
| 1996 | 9.9% | -41.2% |
| 1997 | 14.5% | +47.3% |
| 1998 | 16.2% | +11.4% |
| 1999 | 21.2% | +30.6% |
| 2000 | 18.7% | -11.7% |
| 2001 | 23.3% | +24.5% |
| 2002 | 19.4% | -16.5% |
| 2003 | 18.9% | -2.5% |
| 2004 | 13.9% | -26.6% |
| 2005 | 12.5% | -10.0% |
| 2006 | 12.2% | -2.7% |
| 2007 | 6.2% | -49.4% |
| 2008 | 4.5% | -27.3% |
| 2009 | 5.1% | +12.9% |
| 2010 | 7.0% | +39.2% |
| 2011 | 4.7% | -33.7% |
| 2012 | 5.4% | +15.7% |
| 2013 | 5.5% | +1.5% |
| 2014 | 3.7% | -32.8% |
| 2015 | 6.6% | +79.9% |
| 2016 | 2.8% | -57.3% |
| 2017 | 3.8% | +33.7% |
| 2018 | 3.9% | +3.5% |
| 2019 | 2.8% | -28.8% |
| 2020 | 3.4% | +23.9% |
| 2021 | 3.6% | +3.1% |
| 2022 | 2.6% | -26.1% |
| 2023 | 2.9% | +9.2% |
| 2024 | 9.8% | +240.0% |
Congo compared with similar countries
- Congo's 9.8% is above the median for lower middle income countries, which is 9.0%, 1.1× the median. (43 countries reporting)
- Congo's 9.8% is above the median for Sub-Saharan Africa, which is 5.2%, 1.9× the median. (44 countries reporting)
Biggest year-on-year movements
Years where Short-term debt in Congo changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +1112.7% | 1.8% | 22.2% |
| 2024 | +240.0% | 2.9% | 9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.4% | 0.3% | 22.2% | 10 |
| 1980s | 14.7% | 7.8% | 22.3% | 10 |
| 1990s | 15.8% | 9.9% | 21.2% | 10 |
| 2000s | 13.5% | 4.5% | 23.3% | 10 |
| 2010s | 4.6% | 2.8% | 7.0% | 10 |
| 2020s | 4.5% | 2.6% | 9.8% | 5 |
Countries ranked near Congo
More external debt data for Congo
- IFC, private nonguaranteed -786,306 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -0.1242 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0001 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 28.85 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 7.4% (2024)
- Net financial flows, IDA 87.32 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 13.79 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0056 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 60.55 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 6.3% (2021)
Frequently asked questions
- What is short-term debt in Congo?
- Short-term debt in Congo was 9.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Congo?
- The highest recorded value was 23.3% in 2001.
- What is the lowest short-term debt recorded in Congo?
- The lowest recorded value was 0.3% in 1970.
- How does Congo rank for short-term debt?
- Congo ranks 59th out of 122 countries with data for 2024.
- Is short-term debt rising or falling in Congo?
- Over the last ten years it is up 165.1%. The long-run trend across the full record is volatile.
- Where does this Congo 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.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.