Jamaica: Short-term external debt
* indicates monthly or quarterly data series
| Jamaica |
Short-term debt, percent of total external debt |
|---|---|
| Latest value | 16.20 |
| Year | 2024 |
| Measure | percent |
| Data availability | 1990 - 2024 |
| Average | 12.51 |
| Min - Max | 6.08 - 19.45 |
| Source | The World Bank |
The latest value from 2024 is 16.2 percent, a decline from 17.05 percent in 2023. In comparison, the world average is 23.55 percent, based on data from 104 countries. Historically, the average for Jamaica from 1990 to 2024 is 12.51 percent. The minimum value, 6.08 percent, was reached in 1991 while the maximum of 19.45 percent was recorded in 1999.
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Definition: External debt with of public and private domestic borrowers to non-residents with maturity of twelve months of less as percent of total external debt. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 99.40 | 2023 | percent |
| Financial openness | -0.050 | 2022 | index points |
| Foreign Direct Investment, percent of GDP | 1.39 | 2024 | percent |
| Foreign Direct Investment, billion dollars | 0.31 | 2024 | billion U.S. dollars |
| Portfolio investment inflows, equities | 103.65 | 2024 | million dollars (current) |
| Current account, percent of GDP | 3.08 | 2024 | percent |
| Current account, in dollars | 0.68 | 2024 | billion U.S. dollars |
| Trade balance, in dollars | -2.40 | 2024 | billion U.S. dollars |
| Reserves | 5.63 | 2024 | billion U.S. dollars |
| Remittances, percent of GDP | 16.19 | 2024 | percent |
| Remittances | 3,564.38 | 2024 | million U.S. dollars |
| Net errors and omissions | 459.56 | 2024 | million USD |
| External debt | 67.63 | 2024 | percent |
| Short-term external debt | 16.20 | 2024 | percent |
| Short-term debt to reserves | 42.60 | 2024 | percent |