Short-term debt in Middle income
Middle income: Short-term debt was 27.4% in 2024. ▲ Rising
Short-term debt in Middle income, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
Middle income recorded 27.4% for short-term debt in 2024.
The figure is up 1.4% on the previous year and down 16.4% over ten years.
Over the whole period, short-term debt in Middle income peaked at 33.1% in 2013 and was at its lowest, 10.9%, in 1987.
The long-run direction has been consistently rising across the 55 years of available data.
Short-term debt in Middle income, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 12.3% | — |
| 1971 | 12.2% | -1.1% |
| 1972 | 12.2% | +0.2% |
| 1973 | 12.2% | -0.1% |
| 1974 | 12.2% | -0.2% |
| 1975 | 12.2% | +0.4% |
| 1976 | 12.5% | +1.8% |
| 1977 | 19.3% | +55.3% |
| 1978 | 18.1% | -6.5% |
| 1979 | 17.8% | -1.5% |
| 1980 | 20.2% | +13.5% |
| 1981 | 21.1% | +4.5% |
| 1982 | 21.8% | +3.1% |
| 1983 | 16.0% | -26.5% |
| 1984 | 15.2% | -4.9% |
| 1985 | 14.0% | -8.2% |
| 1986 | 11.8% | -15.8% |
| 1987 | 10.9% | -7.3% |
| 1988 | 11.4% | +4.6% |
| 1989 | 12.7% | +11.0% |
| 1990 | 14.9% | +17.8% |
| 1991 | 16.1% | +7.9% |
| 1992 | 17.5% | +8.9% |
| 1993 | 18.7% | +6.4% |
| 1994 | 17.3% | -7.4% |
| 1995 | 18.7% | +8.0% |
| 1996 | 19.2% | +2.6% |
| 1997 | 18.9% | -1.4% |
| 1998 | 15.0% | -20.6% |
| 1999 | 13.7% | -8.5% |
| 2000 | 13.1% | -4.2% |
| 2001 | 14.0% | +6.8% |
| 2002 | 14.0% | +0.1% |
| 2003 | 15.7% | +11.5% |
| 2004 | 17.2% | +10.1% |
| 2005 | 20.3% | +17.5% |
| 2006 | 21.7% | +7.1% |
| 2007 | 22.3% | +2.8% |
| 2008 | 20.5% | -7.9% |
| 2009 | 21.1% | +2.9% |
| 2010 | 28.7% | +35.7% |
| 2011 | 31.4% | +9.6% |
| 2012 | 30.6% | -2.8% |
| 2013 | 33.1% | +8.4% |
| 2014 | 32.8% | -1.1% |
| 2015 | 26.5% | -19.1% |
| 2016 | 24.8% | -6.7% |
| 2017 | 26.9% | +8.5% |
| 2018 | 28.1% | +4.5% |
| 2019 | 27.0% | -4.0% |
| 2020 | 25.8% | -4.4% |
| 2021 | 26.2% | +1.7% |
| 2022 | 26.6% | +1.4% |
| 2023 | 27.0% | +1.8% |
| 2024 | 27.4% | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.1% | 12.2% | 19.3% | 10 |
| 1980s | 15.5% | 10.9% | 21.8% | 10 |
| 1990s | 17.0% | 13.7% | 19.2% | 10 |
| 2000s | 18.0% | 13.1% | 22.3% | 10 |
| 2010s | 29.0% | 24.8% | 33.1% | 10 |
| 2020s | 26.6% | 25.8% | 27.4% | 5 |
Countries ranked near Middle income
More external debt data for Middle income
- IFC, private nonguaranteed 5.31 billion NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0001 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0.888 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 72.06 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.2% (2024)
- Net financial flows, IDA (NFL, current US$), per capita 2.24 NFL, current US$ per person (2024)
- Net financial flows, IDA 13.40 billion NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0003 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 18.72 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 4.7% (2024)
Frequently asked questions
- What is short-term debt in Middle income?
- Short-term debt in Middle income was 27.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Middle income?
- The highest recorded value was 33.1% in 2013.
- What is the lowest short-term debt recorded in Middle income?
- The lowest recorded value was 10.9% in 1987.
- How does Middle income rank for short-term debt?
- Middle income ranks 3rd out of 12 groups with data for 2024.
- Is short-term debt rising or falling in Middle income?
- Over the last ten years it is down 16.4%. The long-run trend across the full record is rising.
- Where does this Middle 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.