Short-term debt in Guatemala
Guatemala: Short-term debt was 0.6% in 2024. ◆ Volatile
Short-term debt in Guatemala, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, short-term debt in Guatemala stood at 0.6%. That is the lowest value across all 55 years on record.
That represents a change of down 14.5% on the previous year and down 87.1% over ten years.
Over the whole period, short-term debt in Guatemala peaked at 34.2% in 1977 and was at its lowest, 0.6%, in 2024.
That places Guatemala 110th out of 121 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Guatemala, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 20.2% | — |
| 1971 | 20.1% | -0.7% |
| 1972 | 19.7% | -2.1% |
| 1973 | 19.3% | -2.0% |
| 1974 | 19.4% | +0.5% |
| 1975 | 19.9% | +2.8% |
| 1976 | 20.2% | +1.4% |
| 1977 | 34.2% | +69.6% |
| 1978 | 28.5% | -16.9% |
| 1979 | 26.4% | -7.4% |
| 1980 | 26.4% | +0.1% |
| 1981 | 10.0% | -62.2% |
| 1982 | 7.2% | -27.4% |
| 1983 | 6.2% | -14.4% |
| 1984 | 6.1% | -1.4% |
| 1985 | 9.6% | +56.7% |
| 1986 | 10.7% | +12.0% |
| 1987 | 9.8% | -8.2% |
| 1988 | 11.1% | +12.7% |
| 1989 | 12.1% | +9.4% |
| 1990 | 14.4% | +18.5% |
| 1991 | 13.8% | -4.0% |
| 1992 | 16.8% | +21.8% |
| 1993 | 21.5% | +28.1% |
| 1994 | 20.6% | -4.5% |
| 1995 | 24.3% | +18.4% |
| 1996 | 29.8% | +22.3% |
| 1997 | 29.0% | -2.5% |
| 1998 | 27.9% | -3.9% |
| 1999 | 28.1% | +0.7% |
| 2000 | 29.7% | +5.8% |
| 2001 | 28.3% | -4.8% |
| 2002 | 27.2% | -3.7% |
| 2003 | 30.4% | +11.8% |
| 2004 | 20.0% | -34.4% |
| 2005 | 15.3% | -23.4% |
| 2006 | 13.5% | -11.9% |
| 2007 | 15.8% | +17.4% |
| 2008 | 15.6% | -1.6% |
| 2009 | 8.3% | -46.9% |
| 2010 | 10.5% | +27.4% |
| 2011 | 13.9% | +32.0% |
| 2012 | 6.0% | -56.7% |
| 2013 | 5.4% | -10.3% |
| 2014 | 4.9% | -9.8% |
| 2015 | 4.1% | -15.0% |
| 2016 | 4.4% | +5.2% |
| 2017 | 4.5% | +2.9% |
| 2018 | 6.6% | +47.0% |
| 2019 | 5.4% | -17.4% |
| 2020 | 5.7% | +4.7% |
| 2021 | 5.2% | -9.0% |
| 2022 | 1.2% | -76.9% |
| 2023 | 0.7% | -38.3% |
| 2024 | 0.6% | -14.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.8% | 19.3% | 34.2% | 10 |
| 1980s | 10.9% | 6.1% | 26.4% | 10 |
| 1990s | 22.6% | 13.8% | 29.8% | 10 |
| 2000s | 20.4% | 8.3% | 30.4% | 10 |
| 2010s | 6.6% | 4.1% | 13.9% | 10 |
| 2020s | 2.7% | 0.6% | 5.7% | 5 |
Countries ranked near Guatemala
More external debt data for Guatemala
- IFC, private nonguaranteed -57.41 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -3.12 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0005 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 1,488 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.0% (2024)
- Net financial flows, IBRD -139.95 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 5.6% (2024)
- Net financial flows, IBRD (NFL, current US$), annual growth rate -161.04 % change on previous year (2024)
- Other investment, Debt instruments 18.34 billion US dollar (2024)
- Use of IMF credit 797.75 million DOD, current US$ (2024)
Frequently asked questions
- What is short-term debt in Guatemala?
- Short-term debt in Guatemala was 0.6% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Guatemala?
- The highest recorded value was 34.2% in 1977.
- What is the lowest short-term debt recorded in Guatemala?
- The lowest recorded value was 0.6% in 2024.
- How does Guatemala rank for short-term debt?
- Guatemala ranks 110th out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Guatemala?
- Over the last ten years it is down 87.1%. The long-run trend across the full record is volatile.
- Where does this Guatemala 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.