Short-term debt in Mexico

Mexico: Short-term debt was 10.3% in 2024. ▼ Falling

Latest (2024)
10.3%
Change on year
up 2.4%
World rank
54th
of 121 countries
All-time high
31.9%
in 1981
All-time low
5.3%
in 1987
Years of data
55
1970–2024

Short-term debt in Mexico, 1970–2024

102030197019972024

Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.

Analysis

The most recent figure for short-term debt in Mexico is 10.3%, measured in 2024.

The figure is up 2.4% on the previous year and down 30.9% over ten years.

Over the whole period, short-term debt in Mexico peaked at 31.9% in 1981 and was at its lowest, 5.3%, in 1987.

That places Mexico 54th out of 121 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 55 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 14.9% 13.8% 18.7% 10
1980s 14.2% 5.3% 31.9% 10
1990s 20.0% 12.9% 28.1% 10
2000s 10.4% 7.2% 12.4% 10
2010s 12.6% 7.6% 18.4% 10
2020s 9.0% 7.5% 10.3% 5

Countries ranked near Mexico

  1. 51 Morocco 11.0% compare
  2. 52 El Salvador 10.6% compare
  3. 53 Côte d’Ivoire 10.6% compare
  4. 55 Sri Lanka 10.2% compare
  5. 56 Zambia 9.9% compare
  6. 57 Angola 9.9% compare

See the full ranking of 133 places →

More external debt data for Mexico

All data for Mexico →

Frequently asked questions

What is short-term debt in Mexico?
Short-term debt in Mexico was 10.3% in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest short-term debt recorded in Mexico?
The highest recorded value was 31.9% in 1981.
What is the lowest short-term debt recorded in Mexico?
The lowest recorded value was 5.3% in 1987.
How does Mexico rank for short-term debt?
Mexico ranks 54th out of 121 countries with data for 2024.
Is short-term debt rising or falling in Mexico?
Over the last ten years it is down 30.9%. The long-run trend across the full record is falling.
Where does this Mexico 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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Short-term debt in Mexico. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 19 August 2026, from https://debt.statizoid.com/stat/short-term-debt-percent-of-total-external-debt/mexico/

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About this data

Indicator
Short-term debt (% of total external debt)
Unit
% of total external debt
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
133 places, 6,524 data points, 1970–2024
Last refreshed

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.