Zambia: Short-term debt to reserves

* indicates monthly or quarterly data series
 Zambia

Short-term external debt, percent of international reserves

 Latest value 81.72
 Year 2024
 Measure percent
 Data availability 1990 - 2024
 Average 140.59
 Min - Max 17.14 - 702.32
 Source The World Bank
 Available for Data download
The latest value from 2024 is 81.72 percent, a decline from 106.15 percent in 2023. In comparison, the world average is 790.72 percent, based on data from 96 countries. Historically, the average for Zambia from 1990 to 2024 is 140.59 percent. The minimum value, 17.14 percent, was reached in 2002 while the maximum of 702.32 percent was recorded in 1990. 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 Zambia: Short-term debt to reserves
 2024 81.72
 2023 106.15
 2022 88.61
 2021 51.45
 2020 60.72
 2019 57.94
 2018 39.62
 2017 43.24




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 Zambia

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 126.40 2024 percent
 Trade openness 62.53 2024 percent
 Financial openness 2.290 2022 index points
 Exports, percent of GDP 34.98 2024 percent
 Exports, billion dollars 8.85 2024 billion U.S. dollars
 Growth of exports 17.24 2010 percent
 Imports, percent of GDP 27.55 2024 percent
 Imports, billion dollars 6.97 2024 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 9.32 2024 percent
 Foreign Direct Investment, billion dollars 2.36 2024 billion U.S. dollars
 Portfolio investment inflows, equities -9.68 2024 million dollars (current)
 Current account, percent of GDP -4.41 2024 percent
 Current account, in dollars -1.12 2024 billion U.S. dollars
 Trade balance, percent of GDP 7.43 2024 percent
 Trade balance, in dollars 0.69 2024 billion U.S. dollars
 Reserves 4.09 2024 billion U.S. dollars
 Remittances, percent of GDP 1.32 2024 percent
 Remittances 334.31 2024 million U.S. dollars
 Net errors and omissions -1,153.33 2024 million USD
 External debt 109.08 2024 percent
 Short-term external debt 11.64 2024 percent
 Short-term debt to reserves 81.72 2024 percent
This site uses cookies.
Learn more here


OK