* 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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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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