Paraguay: Short-term debt to reserves

* indicates monthly or quarterly data series
 Paraguay

Short-term external debt, percent of international reserves

 Latest value 27.95
 Year 2023
 Measure percent
 Data availability 1990 - 2023
 Average 72.13
 Min - Max 19.38 - 340.65
 Source The World Bank
 Available for Data download
The latest value from 2023 is 27.95 percent, an increase from 24.33 percent in 2022. In comparison, the world average is 564.82 percent, based on data from 143 countries. Historically, the average for Paraguay from 1990 to 2023 is 72.13 percent. The minimum value, 19.38 percent, was reached in 2021 while the maximum of 340.65 percent was recorded in 2003. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
From   To 


 Recent values Paraguay: Short-term debt to reserves
 2023 27.95
 2022 24.33
 2021 19.38
 2020 20.84
 2019 29.39
 2018 29.75
 2017 24.97
 2016 26.02




Definition: Debt of public and private domestic borrowers to non-residents with maturity of twelve months of less as percent of total foreign exchange reserves. 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.

Other resources:

Download data from our database

All indicators for Paraguay

All indicators on the website

Article: Are trade deficits bad for the economy?

Article: Sources of economic growth

Article: Currency values and investment returns

All articles



 Related indicators Latest Reference Measure
 Terms of trade 116.20 2024 percent
 Trade openness 76.48 2025 percent
 Financial openness -0.050 2022 index points
 Exports, percent of GDP 37.18 2025 percent
 Exports, billion dollars 18.32 2025 billion U.S. dollars
 Growth of exports 3.74 2025 percent
 Imports, percent of GDP 39.30 2025 percent
 Imports, billion dollars 19.37 2025 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 2.40 2025 percent
 Foreign Direct Investment, billion dollars 1.10 2024 billion U.S. dollars
 Portfolio investment inflows, equities 24.23 2024 million dollars (current)
 Current account, percent of GDP -3.18 2025 percent
 Current account, in dollars -1.57 2025 billion U.S. dollars
 Trade balance, percent of GDP -2.12 2025 percent
 Trade balance, in dollars -0.83 2024 billion U.S. dollars
 Reserves 9.57 2024 billion U.S. dollars
 Remittances, percent of GDP 2.56 2024 percent
 Remittances 1,525.90 2025 million U.S. dollars
 Net errors and omissions -185.75 2025 million USD
 External debt 64.66 2024 percent
 Short-term external debt 10.57 2023 percent
 Short-term debt to reserves 27.95 2023 percent
This site uses cookies.
Learn more here


OK