Short-term debt to reserves - Country rankings

* indicates monthly or quarterly data series

Short-term external debt, percent of international reserves, 2022:

The average for 2022 based on 91 countries was 43.94 percent. The highest value was in Zimbabwe: 665.18 percent and the lowest value was in Haiti: 0 percent. The indicator is available from 1970 to 2023. Below is a chart for all countries where data are available.

Measure: percent; Source: The World Bank
Select indicator
* indicates monthly or quarterly data series


Countries Short-term debt to reserves, 2022 Global rank Available data
Zimbabwe 665.18 1 1970 - 2023
Tunisia 169.05 2 1970 - 2023
Belarus 128.03 3 1994 - 2023
Turkey 120.1 4 1970 - 2023
Argentina 110.85 5 1970 - 2023
Mauritius 107 6 1977 - 2023
Djibouti 106.54 7 1984 - 2023
Dominica 97.09 8 1981 - 2023
Egypt 94.1 9 1970 - 2023
Ghana 89.39 10 1970 - 2023
Pakistan 88.33 11 1970 - 2023
Zambia 87.76 12 1970 - 2022
Costa Rica 79.77 13 1970 - 2023
Armenia 78.85 14 1993 - 2023
Georgia 77.95 15 1995 - 2023
Papua N.G. 76.52 16 1976 - 2023
North Macedonia 75.56 17 1993 - 2023
South Africa 70.93 18 1994 - 2023
Nigeria 60.41 19 1970 - 2022
Ukraine 56.81 20 1992 - 2023
Mongolia 56.41 21 1992 - 2023
Cape Verde 55 22 1981 - 2023
Bangladesh 54.91 23 1972 - 2023
Moldova 54.71 24 1992 - 2023
Maldives 54.22 25 1978 - 2023
Jamaica 48.95 26 1970 - 2023
Lebanon 47.72 27 1977 - 2022
Laos 47.61 28 1988 - 2023
Kazakhstan 46.72 29 1993 - 2023
Vietnam 44.09 30 1995 - 2023
Yemen 39.9 31 1990 - 2022
China 38.26 32 1982 - 2023
Indonesia 34.99 33 1970 - 2023
Kyrgyzstan 34.75 34 1993 - 2023
Suriname 34.51 35 2015 - 2023
Colombia 34.15 36 1970 - 2023
Fiji 32.67 37 1976 - 2023
Kenya 32.14 38 1970 - 2023
S.T.&Principe 31.77 39 1995 - 2023
Thailand 31.55 40 1970 - 2023
Morocco 30.79 41 1970 - 2023
Angola 30.7 42 1995 - 2023
Bosnia & Herz. 30.04 43 1999 - 2023
C.A. Republic 27.34 44 1970 - 2022
Mexico 27.23 45 1970 - 2023
Mozambique 26.72 46 1984 - 2023
Nicaragua 25.96 47 1970 - 2023
Cambodia 25.9 48 1993 - 2023
Sierra Leone 25.88 49 1970 - 2023
Saint Lucia 25.06 50 1981 - 2023
Albania 24.36 51 1993 - 2023
Paraguay 24.33 52 1972 - 2023
R. of Congo 23.06 53 1970 - 2023
Ecuador 22.74 54 1970 - 2023
India 22.54 55 1970 - 2023
Samoa 22.2 56 1974 - 2023
Domin. Rep. 21.81 57 1970 - 2023
Rwanda 21.81 58 1976 - 2023
Brazil 20.87 59 1970 - 2023
Uzbekistan 17.55 60 1999 - 2023
Grenada 17.39 61 1977 - 2023
Philippines 17.3 62 1970 - 2023
Cameroon 17.12 63 1970 - 2022
Bolivia 16.81 64 1970 - 2023
Tajikistan 16.26 65 1997 - 2022
Peru 14.55 66 1970 - 2023
DR Congo 13.43 67 1970 - 2023
Serbia 12.38 68 2006 - 2023
Honduras 11.76 69 1976 - 2023
Montenegro 10.41 70 2007 - 2023
Solomon Isl. 8.97 71 1978 - 2023
Madagascar 8.32 72 1973 - 2023
Gambia 7.12 73 1977 - 2023
Guyana 5.92 74 1972 - 2023
Vanuatu 4.98 75 1983 - 2023
Azerbaijan 4.47 76 1993 - 2023
Nepal 3.45 77 1977 - 2023
Swaziland 2.64 78 1977 - 2023
Botswana 2.62 79 1976 - 2023
Algeria 2.43 80 1977 - 2023
Belize 2.04 81 1977 - 2023
Lesotho 1.87 82 1980 - 2023
Guatemala 1.48 83 1970 - 2023
Iraq 1.19 84 2015 - 2023
Bhutan 0.67 85 1985 - 2023
Comoros 0.55 86 1980 - 2023
Burundi 0.17 87 1977 - 2023
Haiti 0 88 1975 - 2023
Liberia 0 89 1974 - 2022
St. Vincent & ... 0 90 1981 - 2023
Tonga 0 91 1985 - 2023


New - World map: Short-term debt to reserves




Definition: Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.

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All articles

1. Zimbabwe
2. Tunisia
3. Belarus
4. Turkey
5. Argentina
6. Mauritius
7. Djibouti
8. Dominica
9. Egypt
10. Ghana
11. Pakistan
12. Zambia
13. Costa Rica
14. Armenia
15. Georgia
16. Papua N.G.
17. North Macedonia
18. South Africa
19. Nigeria
20. Ukraine
21. Mongolia
22. Cape Verde
23. Bangladesh
24. Moldova
25. Maldives
26. Jamaica
27. Lebanon
28. Laos
29. Kazakhstan
30. Vietnam
31. Yemen
32. China
33. Indonesia
34. Kyrgyzstan
35. Suriname
36. Colombia
37. Fiji
38. Kenya
39. S.T.&Principe
40. Thailand
41. Morocco
42. Angola
43. Bosnia & Herz.
44. C.A. Republic
45. Mexico
46. Mozambique
47. Nicaragua
48. Cambodia
49. Sierra Leone
50. Saint Lucia
51. Albania
52. Paraguay
53. R. of Congo
54. Ecuador
55. India
56. Samoa
57. Domin. Rep.
58. Rwanda
59. Brazil
60. Uzbekistan
61. Grenada
62. Philippines
63. Cameroon
64. Bolivia
65. Tajikistan
66. Peru
67. DR Congo
68. Serbia
69. Honduras
70. Montenegro
71. Solomon Isl.
72. Madagascar
73. Gambia
74. Guyana
75. Vanuatu
76. Azerbaijan
77. Nepal
78. Swaziland
79. Botswana
80. Algeria
81. Belize
82. Lesotho
83. Guatemala
84. Iraq
85. Bhutan
86. Comoros
87. Burundi
88. Haiti
89. Liberia
90. St. Vincent & ...
91. Tonga
665.18
169.05
128.03
120.10
110.85
107.00
106.54
97.09
94.10
89.39
88.33
87.76
79.77
78.85
77.95
76.52
75.56
70.93
60.41
56.81
56.41
55.00
54.91
54.71
54.22
48.95
47.72
47.61
46.72
44.09
39.90
38.26
34.99
34.75
34.51
34.15
32.67
32.14
31.77
31.55
30.79
30.70
30.04
27.34
27.23
26.72
25.96
25.90
25.88
25.06
24.36
24.33
23.06
22.74
22.54
22.20
21.81
21.81
20.87
17.55
17.39
17.30
17.12
16.81
16.26
14.55
13.43
12.38
11.76
10.41
8.97
8.32
7.12
5.92
4.98
4.47
3.45
2.64
2.62
2.43
2.04
1.87
1.48
1.19
0.67
0.55
0.17
0.00
0.00
0.00
0.00
0
166.3
332.6
498.9
665.18


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