Short-term debt in Myanmar
Myanmar: Short-term debt was 0.6% in 2024. β Volatile
Short-term debt in Myanmar, 1970β2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, short-term debt in Myanmar stood at 0.6%.
Compared with earlier readings it is up 56.3% on the previous year and down 35.8% over ten years.
Over the whole period, short-term debt in Myanmar peaked at 11.8% in 2008 and was at its lowest, 0.0%, in 1970.
Myanmar ranks 111th of 121 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.0% | 10 |
| 1980s | 0.5% | 0.0% | 2.5% | 10 |
| 1990s | 6.1% | 4.1% | 8.2% | 10 |
| 2000s | 10.4% | 8.1% | 11.8% | 10 |
| 2010s | 3.8% | 0.3% | 11.8% | 10 |
| 2020s | 0.4% | 0.2% | 0.6% | 5 |
Countries ranked near Myanmar
More external debt data for Myanmar
- IFC, private nonguaranteed -15.70 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -0.2881 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0002 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -86.46 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 0.9% (2024)
- Net financial flows, IDA -63.26 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -1.16 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0009 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -2.02 million NFL, current US$ (1976)
- Public and publicly guaranteed debt service 3.3% (2019)
Frequently asked questions
- What is short-term debt in Myanmar?
- Short-term debt in Myanmar was 0.6% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Myanmar?
- The highest recorded value was 11.8% in 2008.
- What is the lowest short-term debt recorded in Myanmar?
- The lowest recorded value was 0.0% in 1970.
- How does Myanmar rank for short-term debt?
- Myanmar ranks 111th out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Myanmar?
- Over the last ten years it is down 35.8%. The long-run trend across the full record is volatile.
- Where does this Myanmar 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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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.