Short-term debt in El Salvador
El Salvador: Short-term debt was 10.6% in 2024. ◆ Volatile
Short-term debt in El Salvador, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, short-term debt in El Salvador stood at 10.6%.
That represents a change of down 16.7% on the previous year and down 20.2% over ten years.
Over the whole period, short-term debt in El Salvador peaked at 36.3% in 2000 and was at its lowest, 0.0%, in 1970.
That places El Salvador 52nd 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.
Short-term debt in El Salvador, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | — |
| 1972 | 0.0% | — |
| 1973 | 0.0% | — |
| 1974 | 0.0% | — |
| 1975 | 0.0% | — |
| 1976 | 0.0% | — |
| 1977 | 26.5% | — |
| 1978 | 33.0% | +24.1% |
| 1979 | 28.5% | -13.4% |
| 1980 | 22.1% | -22.7% |
| 1981 | 17.4% | -21.2% |
| 1982 | 13.4% | -22.8% |
| 1983 | 5.1% | -61.8% |
| 1984 | 5.8% | +13.4% |
| 1985 | 4.3% | -25.6% |
| 1986 | 6.5% | +50.9% |
| 1987 | 10.4% | +59.0% |
| 1988 | 11.6% | +12.2% |
| 1989 | 9.7% | -16.6% |
| 1990 | 9.5% | -1.6% |
| 1991 | 4.7% | -50.7% |
| 1992 | 4.5% | -3.6% |
| 1993 | 5.6% | +23.7% |
| 1994 | 8.8% | +57.1% |
| 1995 | 20.6% | +133.1% |
| 1996 | 20.9% | +1.5% |
| 1997 | 25.3% | +21.2% |
| 1998 | 25.7% | +1.4% |
| 1999 | 28.0% | +9.1% |
| 2000 | 36.3% | +29.6% |
| 2001 | 35.7% | -1.6% |
| 2002 | 19.0% | -46.6% |
| 2003 | 18.8% | -1.2% |
| 2004 | 19.5% | +3.5% |
| 2005 | 19.3% | -0.8% |
| 2006 | 12.9% | -33.2% |
| 2007 | 13.1% | +1.6% |
| 2008 | 14.4% | +10.2% |
| 2009 | 8.3% | -42.5% |
| 2010 | 7.3% | -12.4% |
| 2011 | 9.6% | +32.1% |
| 2012 | 11.3% | +17.3% |
| 2013 | 13.1% | +16.4% |
| 2014 | 13.3% | +1.4% |
| 2015 | 12.9% | -2.8% |
| 2016 | 15.3% | +18.1% |
| 2017 | 11.9% | -22.2% |
| 2018 | 12.4% | +4.4% |
| 2019 | 12.9% | +3.6% |
| 2020 | 10.1% | -21.2% |
| 2021 | 11.1% | +9.7% |
| 2022 | 11.2% | +0.7% |
| 2023 | 12.7% | +13.9% |
| 2024 | 10.6% | -16.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.8% | 0.0% | 33.0% | 10 |
| 1980s | 10.6% | 4.3% | 22.1% | 10 |
| 1990s | 15.4% | 4.5% | 28.0% | 10 |
| 2000s | 19.7% | 8.3% | 36.3% | 10 |
| 2010s | 12.0% | 7.3% | 15.3% | 10 |
| 2020s | 11.2% | 10.1% | 12.7% | 5 |
Countries ranked near El Salvador
More external debt data for El Salvador
- IFC, private nonguaranteed 29.56 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 4.66 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0008 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -902.82 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 9.4% (2024)
- Net financial flows, IDA -360,000 NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -0.0568 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 43.98 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 25.8% (2024)
Frequently asked questions
- What is short-term debt in El Salvador?
- Short-term debt in El Salvador was 10.6% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in El Salvador?
- The highest recorded value was 36.3% in 2000.
- What is the lowest short-term debt recorded in El Salvador?
- The lowest recorded value was 0.0% in 1970.
- How does El Salvador rank for short-term debt?
- El Salvador ranks 52nd out of 121 countries with data for 2024.
- Is short-term debt rising or falling in El Salvador?
- Over the last ten years it is down 20.2%. The long-run trend across the full record is volatile.
- Where does this El Salvador 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.