Short-term debt in Low income
Low income: Short-term debt was 4.5% in 2024. ▬ Flat
Short-term debt in Low income, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
Low income recorded 4.5% for short-term debt in 2024. That is the lowest value across all 55 years on record.
That represents a change of down 3.3% on the previous year and down 35.5% over ten years.
Over the whole period, short-term debt in Low income peaked at 19.6% in 1999 and was at its lowest, 4.5%, in 2024.
Short-term debt in Low income, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 5.0% | — |
| 1971 | 4.8% | -4.6% |
| 1972 | 5.5% | +14.7% |
| 1973 | 6.2% | +12.8% |
| 1974 | 6.8% | +10.3% |
| 1975 | 7.6% | +11.3% |
| 1976 | 8.8% | +16.3% |
| 1977 | 12.5% | +41.8% |
| 1978 | 13.4% | +7.5% |
| 1979 | 12.2% | -8.8% |
| 1980 | 11.3% | -7.6% |
| 1981 | 10.2% | -10.1% |
| 1982 | 9.5% | -6.2% |
| 1983 | 7.5% | -21.1% |
| 1984 | 9.4% | +25.2% |
| 1985 | 8.9% | -5.2% |
| 1986 | 8.8% | -1.8% |
| 1987 | 8.4% | -3.6% |
| 1988 | 9.8% | +16.0% |
| 1989 | 11.5% | +17.0% |
| 1990 | 12.8% | +11.6% |
| 1991 | 13.8% | +7.7% |
| 1992 | 15.3% | +11.3% |
| 1993 | 15.9% | +3.6% |
| 1994 | 16.5% | +3.6% |
| 1995 | 17.6% | +6.7% |
| 1996 | 17.7% | +0.6% |
| 1997 | 18.0% | +1.7% |
| 1998 | 18.8% | +4.6% |
| 1999 | 19.6% | +4.1% |
| 2000 | 18.7% | -4.5% |
| 2001 | 18.3% | -2.2% |
| 2002 | 14.4% | -21.3% |
| 2003 | 12.9% | -10.3% |
| 2004 | 13.6% | +5.1% |
| 2005 | 13.3% | -1.7% |
| 2006 | 17.1% | +27.9% |
| 2007 | 17.2% | +0.8% |
| 2008 | 15.6% | -9.5% |
| 2009 | 13.2% | -15.5% |
| 2010 | 12.6% | -4.4% |
| 2011 | 9.7% | -23.0% |
| 2012 | 8.4% | -13.4% |
| 2013 | 7.9% | -5.9% |
| 2014 | 7.0% | -11.3% |
| 2015 | 6.8% | -2.8% |
| 2016 | 6.8% | -0.4% |
| 2017 | 6.8% | +0.7% |
| 2018 | 8.0% | +16.9% |
| 2019 | 8.1% | +1.2% |
| 2020 | 7.2% | -11.4% |
| 2021 | 6.4% | -10.5% |
| 2022 | 5.7% | -11.1% |
| 2023 | 4.7% | -18.0% |
| 2024 | 4.5% | -3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.3% | 4.8% | 13.4% | 10 |
| 1980s | 9.5% | 7.5% | 11.5% | 10 |
| 1990s | 16.6% | 12.8% | 19.6% | 10 |
| 2000s | 15.4% | 12.9% | 18.7% | 10 |
| 2010s | 8.2% | 6.8% | 12.6% | 10 |
| 2020s | 5.7% | 4.5% | 7.2% | 5 |
Countries ranked near Low income
More external debt data for Low income
- IFC, private nonguaranteed 357.31 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0006 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0.4782 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 6.55 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.1% (2024)
- Net financial flows, IDA (NFL, current US$), per capita 3.63 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0045 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IDA 2.71 billion NFL, current US$ (2024)
- Net financial flows, IBRD -25.67 million NFL, current US$ (2008)
- Public and publicly guaranteed debt service 5.4% (2024)
Frequently asked questions
- What is short-term debt in Low income?
- Short-term debt in Low income was 4.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Low income?
- The highest recorded value was 19.6% in 1999.
- What is the lowest short-term debt recorded in Low income?
- The lowest recorded value was 4.5% in 2024.
- How does Low income rank for short-term debt?
- Low income ranks 12th out of 12 groups with data for 2024.
- Is short-term debt rising or falling in Low income?
- Over the last ten years it is down 35.5%. The long-run trend across the full record is flat.
- Where does this Low income 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.