Short-term debt in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
Middle East, North Africa, Afghanistan & Pakistan (excluding high income): Short-term debt was 19.2% in 2024. ▲ Rising
Short-term debt in Middle East, North Africa, Afghanistan & Pakistan (excluding high income), 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, short-term debt in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) stood at 19.2%. That is the highest value across all 55 years on record.
That represents a change of up 6.4% on the previous year and up 28.8% over ten years.
Over the whole period, short-term debt in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) peaked at 19.2% in 2024 and was at its lowest, 7.3%, in 1973.
The long-run direction has been consistently rising across the 55 years of available data.
Short-term debt in Middle East, North Africa, Afghanistan & Pakistan (excluding high income), year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 8.0% | — |
| 1971 | 8.2% | +2.6% |
| 1972 | 7.9% | -3.3% |
| 1973 | 7.3% | -7.9% |
| 1974 | 7.4% | +1.4% |
| 1975 | 8.3% | +12.1% |
| 1976 | 8.8% | +5.5% |
| 1977 | 18.3% | +109.2% |
| 1978 | 14.0% | -23.6% |
| 1979 | 13.6% | -3.0% |
| 1980 | 13.0% | -4.5% |
| 1981 | 12.3% | -5.1% |
| 1982 | 17.8% | +44.8% |
| 1983 | 16.0% | -10.4% |
| 1984 | 15.1% | -5.1% |
| 1985 | 15.2% | +0.1% |
| 1986 | 15.1% | -0.2% |
| 1987 | 12.7% | -15.9% |
| 1988 | 12.3% | -3.2% |
| 1989 | 13.9% | +12.7% |
| 1990 | 14.4% | +3.6% |
| 1991 | 15.8% | +10.2% |
| 1992 | 18.1% | +14.4% |
| 1993 | 17.4% | -4.2% |
| 1994 | 10.8% | -37.8% |
| 1995 | 11.3% | +4.3% |
| 1996 | 11.3% | +0.7% |
| 1997 | 11.7% | +2.9% |
| 1998 | 12.5% | +7.3% |
| 1999 | 12.7% | +1.4% |
| 2000 | 14.6% | +14.7% |
| 2001 | 13.7% | -5.6% |
| 2002 | 12.2% | -11.1% |
| 2003 | 11.7% | -4.1% |
| 2004 | 11.6% | -0.6% |
| 2005 | 12.5% | +7.4% |
| 2006 | 13.4% | +6.9% |
| 2007 | 14.6% | +9.5% |
| 2008 | 13.0% | -10.9% |
| 2009 | 13.2% | +1.3% |
| 2010 | 15.5% | +17.8% |
| 2011 | 14.8% | -4.5% |
| 2012 | 13.6% | -8.4% |
| 2013 | 13.6% | -0.4% |
| 2014 | 14.9% | +10.1% |
| 2015 | 14.7% | -1.4% |
| 2016 | 16.5% | +11.9% |
| 2017 | 15.0% | -9.2% |
| 2018 | 12.7% | -14.9% |
| 2019 | 13.3% | +4.7% |
| 2020 | 13.1% | -1.4% |
| 2021 | 14.3% | +9.1% |
| 2022 | 17.9% | +24.8% |
| 2023 | 18.1% | +0.8% |
| 2024 | 19.2% | +6.4% |
Biggest year-on-year movements
Years where Short-term debt in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +109.2% | 8.8% | 18.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.2% | 7.3% | 18.3% | 10 |
| 1980s | 14.3% | 12.3% | 17.8% | 10 |
| 1990s | 13.6% | 10.8% | 18.1% | 10 |
| 2000s | 13.1% | 11.6% | 14.6% | 10 |
| 2010s | 14.5% | 12.7% | 16.5% | 10 |
| 2020s | 16.5% | 13.1% | 19.2% | 5 |
Countries ranked near Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
More external debt data for Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
- IFC, private nonguaranteed 776.64 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0004 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.05 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 16.22 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.5% (2024)
- Net financial flows, IDA 438.49 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 0.5912 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0002 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 2.63 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 12.6% (2024)
All data for Middle East, North Africa, Afghanistan & Pakistan (excluding high income) →
Frequently asked questions
- What is short-term debt in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- Short-term debt in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) was 19.2% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- The highest recorded value was 19.2% in 2024.
- What is the lowest short-term debt recorded in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- The lowest recorded value was 7.3% in 1973.
- How does Middle East, North Africa, Afghanistan & Pakistan (excluding high income) rank for short-term debt?
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 6th out of 12 groups with data for 2024.
- Is short-term debt rising or falling in Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
- Over the last ten years it is up 28.8%. The long-run trend across the full record is rising.
- Where does this Middle East, North Africa, Afghanistan & Pakistan (excluding high 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.