Short-term debt in Egypt
Egypt: Short-term debt was 19.9% in 2024. ◆ Volatile
Short-term debt in Egypt, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, short-term debt in Egypt stood at 19.9%.
The figure is up 13.4% on the previous year and up 150.0% over ten years.
Over the whole period, short-term debt in Egypt peaked at 37.1% in 1977 and was at its lowest, 5.4%, in 2005.
That places Egypt 28th out of 121 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Egypt, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 22.3% | — |
| 1971 | 23.4% | +4.9% |
| 1972 | 24.4% | +4.4% |
| 1973 | 26.4% | +8.3% |
| 1974 | 26.9% | +2.0% |
| 1975 | 23.2% | -13.7% |
| 1976 | 23.9% | +2.9% |
| 1977 | 37.1% | +54.9% |
| 1978 | 26.3% | -28.9% |
| 1979 | 25.4% | -3.4% |
| 1980 | 21.1% | -17.3% |
| 1981 | 16.5% | -21.7% |
| 1982 | 18.6% | +12.5% |
| 1983 | 17.2% | -7.2% |
| 1984 | 18.0% | +4.3% |
| 1985 | 17.2% | -4.5% |
| 1986 | 17.9% | +4.1% |
| 1987 | 14.4% | -19.3% |
| 1988 | 14.9% | +3.3% |
| 1989 | 17.3% | +15.9% |
| 1990 | 13.5% | -21.9% |
| 1991 | 9.5% | -29.4% |
| 1992 | 8.1% | -15.1% |
| 1993 | 6.5% | -19.0% |
| 1994 | 5.9% | -9.1% |
| 1995 | 7.1% | +19.2% |
| 1996 | 7.5% | +5.1% |
| 1997 | 10.0% | +34.1% |
| 1998 | 13.2% | +31.9% |
| 1999 | 13.8% | +4.7% |
| 2000 | 14.0% | +1.7% |
| 2001 | 7.8% | -44.5% |
| 2002 | 7.2% | -7.0% |
| 2003 | 6.1% | -15.5% |
| 2004 | 5.5% | -10.6% |
| 2005 | 5.4% | -1.1% |
| 2006 | 5.5% | +2.4% |
| 2007 | 6.5% | +16.6% |
| 2008 | 8.4% | +29.7% |
| 2009 | 7.2% | -13.7% |
| 2010 | 8.6% | +18.3% |
| 2011 | 8.6% | +0.4% |
| 2012 | 16.6% | +93.4% |
| 2013 | 6.1% | -63.6% |
| 2014 | 7.9% | +31.4% |
| 2015 | 8.9% | +11.6% |
| 2016 | 17.3% | +94.6% |
| 2017 | 13.2% | -23.8% |
| 2018 | 10.4% | -21.0% |
| 2019 | 9.8% | -5.6% |
| 2020 | 9.0% | -8.1% |
| 2021 | 8.8% | -2.5% |
| 2022 | 18.5% | +110.8% |
| 2023 | 17.5% | -5.5% |
| 2024 | 19.9% | +13.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.9% | 22.3% | 37.1% | 10 |
| 1980s | 17.3% | 14.4% | 21.1% | 10 |
| 1990s | 9.5% | 5.9% | 13.8% | 10 |
| 2000s | 7.4% | 5.4% | 14.0% | 10 |
| 2010s | 10.7% | 6.1% | 17.3% | 10 |
| 2020s | 14.8% | 8.8% | 19.9% | 5 |
Countries ranked near Egypt
More external debt data for Egypt
- IFC, private nonguaranteed 483.26 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 4.15 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0012 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 179.17 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 6.5% (2024)
- Net financial flows, IDA -29.71 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -0.2549 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0001 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 20.68 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 36.2% (2024)
Frequently asked questions
- What is short-term debt in Egypt?
- Short-term debt in Egypt was 19.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Egypt?
- The highest recorded value was 37.1% in 1977.
- What is the lowest short-term debt recorded in Egypt?
- The lowest recorded value was 5.4% in 2005.
- How does Egypt rank for short-term debt?
- Egypt ranks 28th out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Egypt?
- Over the last ten years it is up 150.0%. The long-run trend across the full record is volatile.
- Where does this Egypt 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.