Short-term debt (% of total external debt) in Vietnam

Vietnam: Short-term debt (% of total external debt) was 27.9% in 2024. ◆ Volatile

Latest (2024)
27.9%
Change on year
up 12.7%
World rank
13th
of 122 countries
All-time high
27.9%
in 2024
All-time low
0.0%
in 1981
Years of data
44
1981–2024

Short-term debt in Vietnam, 1981–2024

01020301981200220241981: 0 % of total external debt1982: 0 % of total external debt1983: 0 % of total external debt1984: 0 % of total external debt1985: 0 % of total external debt1986: 0 % of total external debt1987: 0.024 % of total external debt1988: 0.729 % of total external debt1989: 6.8 % of total external debt1990: 7.7 % of total external debt1991: 8.3 % of total external debt1992: 10.6 % of total external debt1993: 10.2 % of total external debt1994: 10.7 % of total external debt1995: 12.8 % of total external debt1996: 14.3 % of total external debt1997: 10.7 % of total external debt1998: 9.7 % of total external debt1999: 10.2 % of total external debt2000: 6.4 % of total external debt2001: 5.7 % of total external debt2002: 5.1 % of total external debt2003: 5.3 % of total external debt2004: 9.6 % of total external debt2005: 11 % of total external debt2006: 13 % of total external debt2007: 19 % of total external debt2008: 15.9 % of total external debt2009: 14.6 % of total external debt2010: 15.4 % of total external debt2011: 19.8 % of total external debt2012: 19.8 % of total external debt2013: 18.4 % of total external debt2014: 18.2 % of total external debt2015: 14.7 % of total external debt2016: 14.1 % of total external debt2017: 19.9 % of total external debt2018: 17.4 % of total external debt2019: 19.9 % of total external debt2020: 20.5 % of total external debt2021: 23.8 % of total external debt2022: 26 % of total external debt2023: 24.8 % of total external debt2024: 27.9 % of total external debt

Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.

Analysis

The most recent figure for short-term debt in Vietnam is 27.9%, measured in 2024. That is the highest value across all 44 years on record.

That represents a change of up 12.7% on the previous year and up 53.3% over ten years.

Over the whole period, short-term debt in Vietnam peaked at 27.9% in 2024 and was at its lowest, 0.0%, in 1981.

That places Vietnam 13th out of 122 countries with data for 2024, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Short-term debt (% of total external debt) in Vietnam, year by year

Annual values for Short-term debt (% of total external debt) in Vietnam, 1981 to 2024.
Year % of total external debt Change
1981 0.0% —
1982 0.0% —
1983 0.0% —
1984 0.0% —
1985 0.0% —
1986 0.0% —
1987 0.0% —
1988 0.7% +2937.5%
1989 6.8% +835.6%
1990 7.7% +12.2%
1991 8.3% +8.0%
1992 10.6% +28.3%
1993 10.2% -3.8%
1994 10.7% +5.1%
1995 12.8% +19.8%
1996 14.3% +11.1%
1997 10.7% -24.8%
1998 9.7% -9.2%
1999 10.2% +4.5%
2000 6.4% -37.1%
2001 5.7% -11.2%
2002 5.1% -10.6%
2003 5.3% +3.7%
2004 9.6% +81.5%
2005 11.0% +14.6%
2006 13.0% +18.7%
2007 19.0% +45.8%
2008 15.9% -16.5%
2009 14.6% -8.0%
2010 15.4% +5.5%
2011 19.8% +28.9%
2012 19.8% -0.0%
2013 18.4% -7.4%
2014 18.2% -0.9%
2015 14.7% -19.5%
2016 14.1% -4.1%
2017 19.9% +41.7%
2018 17.4% -12.7%
2019 19.9% +14.5%
2020 20.5% +3.2%
2021 23.8% +15.7%
2022 26.0% +9.5%
2023 24.8% -4.9%
2024 27.9% +12.7%

Vietnam compared with similar countries

  • Vietnam's 27.9% is above the median for upper middle income countries, which is 11.8%, 2.4× the median. (52 countries reporting)
  • Vietnam's 27.9% is above the median for East Asia & Pacific, which is 15.4%, 1.8× the median. (16 countries reporting)

Biggest year-on-year movements

Years where Short-term debt (% of total external debt) in Vietnam 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.

YearChange FromTo
1988 +2937.5% 0.0% 0.7%
1989 +835.6% 0.7% 6.8%

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.8% 0.0% 6.8% 9
1990s 10.5% 7.7% 14.3% 10
2000s 10.5% 5.1% 19.0% 10
2010s 17.8% 14.1% 19.9% 10
2020s 24.6% 20.5% 27.9% 5

Countries ranked near Vietnam

  1. 10 Dominica 30.5% compare
  2. 11 Belarus 29.0% compare
  3. 12 Lebanon 28.3% compare
  4. 14 Zimbabwe 27.5% compare
  5. 15 Fiji 27.2% compare
  6. 16 South Africa 26.6% compare

See the full ranking of 134 places →

More external debt data for Vietnam

All data for Vietnam →

Frequently asked questions

What is short-term debt in Vietnam?
Short-term debt in Vietnam was 27.9% in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest short-term debt recorded in Vietnam?
The highest recorded value was 27.9% in 2024.
What is the lowest short-term debt recorded in Vietnam?
The lowest recorded value was 0.0% in 1981.
How does Vietnam rank for short-term debt?
Vietnam ranks 13th out of 122 countries with data for 2024.
Is short-term debt rising or falling in Vietnam?
Over the last ten years it is up 53.3%. The long-run trend across the full record is volatile.
Where does this Vietnam 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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Short-term debt in Vietnam. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 12 November 2026, from https://debt.statizoid.com/stat/short-term-debt-percent-of-total-external-debt/viet-nam/

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About this data

Indicator
Short-term debt (% of total external debt)
Unit
% of total external debt
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
134 places, 6,579 data points, 1970–2024
Last refreshed

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.