Short-term debt in Paraguay
Paraguay: Short-term debt was 11.9% in 2024. ◆ Volatile
Short-term debt in Paraguay, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, short-term debt in Paraguay stood at 11.9%.
The figure is up 14.4% on the previous year and up 17.2% over ten years.
Over the whole period, short-term debt in Paraguay peaked at 49.3% in 2003 and was at its lowest, 0.0%, in 1970.
Paraguay ranks 47th of 121 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Paraguay, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | — |
| 1972 | 0.0% | — |
| 1973 | 0.0% | +90.2% |
| 1974 | 0.0% | +27.4% |
| 1975 | 0.0% | +16.1% |
| 1976 | 0.0% | +58.7% |
| 1977 | 9.8% | +23681.8% |
| 1978 | 11.7% | +19.8% |
| 1979 | 16.0% | +36.3% |
| 1980 | 16.5% | +3.4% |
| 1981 | 24.7% | +49.6% |
| 1982 | 16.4% | -33.7% |
| 1983 | 9.3% | -42.9% |
| 1984 | 7.2% | -23.3% |
| 1985 | 9.4% | +31.3% |
| 1986 | 8.1% | -14.3% |
| 1987 | 10.3% | +27.6% |
| 1988 | 9.5% | -7.9% |
| 1989 | 10.6% | +12.0% |
| 1990 | 17.1% | +61.8% |
| 1991 | 17.0% | -1.0% |
| 1992 | 14.7% | -13.6% |
| 1993 | 17.5% | +19.4% |
| 1994 | 28.3% | +61.3% |
| 1995 | 29.9% | +5.9% |
| 1996 | 28.5% | -4.8% |
| 1997 | 20.6% | -27.6% |
| 1998 | 23.7% | +14.7% |
| 1999 | 21.9% | -7.5% |
| 2000 | 17.7% | -19.2% |
| 2001 | 16.8% | -5.0% |
| 2002 | 13.1% | -21.7% |
| 2003 | 49.3% | +275.0% |
| 2004 | 44.7% | -9.3% |
| 2005 | 40.7% | -9.0% |
| 2006 | 37.4% | -8.0% |
| 2007 | 33.5% | -10.5% |
| 2008 | 5.8% | -82.7% |
| 2009 | 5.5% | -5.8% |
| 2010 | 6.4% | +16.6% |
| 2011 | 7.7% | +21.7% |
| 2012 | 9.7% | +24.7% |
| 2013 | 9.6% | -0.3% |
| 2014 | 10.1% | +5.4% |
| 2015 | 10.8% | +6.7% |
| 2016 | 10.4% | -4.1% |
| 2017 | 11.5% | +11.0% |
| 2018 | 13.3% | +15.5% |
| 2019 | 12.7% | -4.7% |
| 2020 | 9.1% | -28.4% |
| 2021 | 8.3% | -9.0% |
| 2022 | 9.2% | +11.1% |
| 2023 | 10.4% | +13.2% |
| 2024 | 11.9% | +14.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.8% | 0.0% | 16.0% | 10 |
| 1980s | 12.2% | 7.2% | 24.7% | 10 |
| 1990s | 21.9% | 14.7% | 29.9% | 10 |
| 2000s | 26.4% | 5.5% | 49.3% | 10 |
| 2010s | 10.2% | 6.4% | 13.3% | 10 |
| 2020s | 9.8% | 8.3% | 11.9% | 5 |
Countries ranked near Paraguay
- 44 Bangladesh 12.4% compare
- 45 Honduras 12.3% compare
- 46 Central African Republic 12.1% compare
- 48 Kazakhstan 11.7% compare
- 49 Albania 11.6% compare
- 50 Peru 11.2% compare
More external debt data for Paraguay
- IFC, private nonguaranteed -11.83 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -1.71 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0003 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 42.09 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 3.4% (2024)
- Net financial flows, IDA -568,000 NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -0.082 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 15.80 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 7.9% (2024)
Frequently asked questions
- What is short-term debt in Paraguay?
- Short-term debt in Paraguay was 11.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Paraguay?
- The highest recorded value was 49.3% in 2003.
- What is the lowest short-term debt recorded in Paraguay?
- The lowest recorded value was 0.0% in 1970.
- How does Paraguay rank for short-term debt?
- Paraguay ranks 47th out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Paraguay?
- Over the last ten years it is up 17.2%. The long-run trend across the full record is volatile.
- Where does this Paraguay 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.