Short-term debt (% of total external debt) in Myanmar
Myanmar: Short-term debt (% of total external debt) was 0.6% in 2024. ◆ Volatile
Short-term debt in Myanmar, 1970–2024
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 112th of 122 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt (% of total external debt) in Myanmar, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | — |
| 1972 | 0.0% | — |
| 1973 | 0.0% | — |
| 1974 | 0.0% | — |
| 1975 | 0.0% | — |
| 1976 | 0.0% | — |
| 1977 | 0.0% | +32.5% |
| 1978 | 0.0% | -7.8% |
| 1979 | 0.0% | -2.1% |
| 1980 | 0.0% | +5.4% |
| 1981 | 0.0% | +3.1% |
| 1982 | 0.0% | +3.0% |
| 1983 | 0.0% | -9.7% |
| 1984 | 0.0% | -3.2% |
| 1985 | 0.0% | -18.9% |
| 1986 | 0.0% | -19.2% |
| 1987 | 0.7% | +11623.7% |
| 1988 | 1.9% | +181.4% |
| 1989 | 2.5% | +26.9% |
| 1990 | 4.1% | +64.8% |
| 1991 | 4.8% | +18.7% |
| 1992 | 5.9% | +21.8% |
| 1993 | 5.7% | -2.8% |
| 1994 | 5.3% | -6.5% |
| 1995 | 5.8% | +8.1% |
| 1996 | 6.7% | +16.4% |
| 1997 | 6.8% | +0.5% |
| 1998 | 7.9% | +16.6% |
| 1999 | 8.2% | +4.2% |
| 2000 | 8.1% | -1.1% |
| 2001 | 8.4% | +3.9% |
| 2002 | 9.6% | +13.8% |
| 2003 | 10.4% | +8.6% |
| 2004 | 11.0% | +5.6% |
| 2005 | 11.0% | -0.2% |
| 2006 | 11.2% | +2.2% |
| 2007 | 11.5% | +2.2% |
| 2008 | 11.8% | +3.0% |
| 2009 | 11.4% | -3.1% |
| 2010 | 11.8% | +3.1% |
| 2011 | 11.3% | -4.2% |
| 2012 | 8.9% | -21.0% |
| 2013 | 0.3% | -96.5% |
| 2014 | 0.9% | +181.5% |
| 2015 | 1.0% | +8.7% |
| 2016 | 0.9% | -7.1% |
| 2017 | 0.9% | -0.3% |
| 2018 | 1.0% | +8.7% |
| 2019 | 0.6% | -39.6% |
| 2020 | 0.5% | -13.9% |
| 2021 | 0.2% | -54.3% |
| 2022 | 0.3% | +9.4% |
| 2023 | 0.4% | +44.6% |
| 2024 | 0.6% | +56.3% |
Myanmar compared with similar countries
- Myanmar's 0.6% is below the median for lower middle income countries, which is 9.0%, 6% of the median. (43 countries reporting)
- Myanmar's 0.6% is below the median for East Asia & Pacific, which is 15.4%, 4% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where Short-term debt (% of total external debt) in Myanmar 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 |
|---|---|---|---|
| 1987 | +11623.7% | 0.0% | 0.7% |
| 1988 | +181.4% | 0.7% | 1.9% |
| 2014 | +181.5% | 0.3% | 0.9% |
| 2013 | -96.5% | 8.9% | 0.3% |
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 112th out of 122 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.