Short-term debt in Dominica
Dominica: Short-term debt was 30.5% in 2024. ◆ Volatile
Short-term debt in Dominica, 1981–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
Dominica recorded 30.5% for short-term debt in 2024.
That represents a change of up 6.9% on the previous year and down 11.5% over ten years.
Over the whole period, short-term debt in Dominica peaked at 44.6% in 2016 and was at its lowest, 0.0%, in 1983.
Dominica ranks 9th of 121 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Dominica, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1981 | 0.7% | — |
| 1982 | 1.0% | +34.2% |
| 1983 | 0.0% | -100.0% |
| 1984 | 0.0% | — |
| 1985 | 0.0% | — |
| 1986 | 0.0% | — |
| 1987 | 0.0% | — |
| 1988 | 3.4% | +30016.7% |
| 1989 | 2.3% | -32.4% |
| 1990 | 2.2% | -4.1% |
| 1991 | 3.1% | +39.6% |
| 1992 | 3.2% | +2.4% |
| 1993 | 0.9% | -70.6% |
| 1994 | 7.0% | +651.9% |
| 1995 | 6.5% | -8.3% |
| 1996 | 13.4% | +107.6% |
| 1997 | 11.4% | -14.8% |
| 1998 | 15.7% | +37.4% |
| 1999 | 14.0% | -10.5% |
| 2000 | 10.4% | -26.2% |
| 2001 | 9.5% | -8.8% |
| 2002 | 10.6% | +12.0% |
| 2003 | 24.0% | +126.9% |
| 2004 | 21.6% | -10.1% |
| 2005 | 13.8% | -36.1% |
| 2006 | 8.1% | -41.5% |
| 2007 | 7.3% | -8.9% |
| 2008 | 8.7% | +18.4% |
| 2009 | 8.1% | -6.8% |
| 2010 | 2.0% | -74.8% |
| 2011 | 2.0% | -3.1% |
| 2012 | 1.8% | -8.0% |
| 2013 | 35.4% | +1842.9% |
| 2014 | 34.4% | -2.6% |
| 2015 | 35.9% | +4.2% |
| 2016 | 44.6% | +24.1% |
| 2017 | 40.5% | -9.2% |
| 2018 | 42.3% | +4.5% |
| 2019 | 37.2% | -12.0% |
| 2020 | 29.6% | -20.4% |
| 2021 | 24.8% | -16.2% |
| 2022 | 33.1% | +33.3% |
| 2023 | 28.5% | -13.7% |
| 2024 | 30.5% | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.8% | 0.0% | 3.4% | 9 |
| 1990s | 7.7% | 0.9% | 15.7% | 10 |
| 2000s | 12.2% | 7.3% | 24.0% | 10 |
| 2010s | 27.6% | 1.8% | 44.6% | 10 |
| 2020s | 29.3% | 24.8% | 33.1% | 5 |
Countries ranked near Dominica
More external debt data for Dominica
- 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 7.8% (2024)
- Net financial flows, IDA 11.46 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 173.14 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0166 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -31,000 NFL, current US$ (2016)
- Public and publicly guaranteed debt service 22.6% (2024)
Frequently asked questions
- What is short-term debt in Dominica?
- Short-term debt in Dominica was 30.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Dominica?
- The highest recorded value was 44.6% in 2016.
- What is the lowest short-term debt recorded in Dominica?
- The lowest recorded value was 0.0% in 1983.
- How does Dominica rank for short-term debt?
- Dominica ranks 9th out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Dominica?
- Over the last ten years it is down 11.5%. The long-run trend across the full record is volatile.
- Where does this Dominica 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.