Short-term external debt - Country rankings

* indicates monthly or quarterly data series

Short-term debt, percent of total external debt, 2022:

The average for 2022 based on 118 countries was 11.51 percent. The highest value was in China: 51.68 percent and the lowest value was in Burkina Faso: 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 external debt, 2022 Global rank Available data
China 51.68 1 1981 - 2023
Mauritius 47.24 2 1970 - 2023
Jordan 38.28 3 1970 - 2023
Thailand 33.98 4 1970 - 2023
Tunisia 33.37 5 1970 - 2023
Dominica 33.13 6 1981 - 2023
Turkey 32.45 7 1970 - 2023
Zimbabwe 28.79 8 1970 - 2023
Somalia 27.68 9 1970 - 2023
North Macedonia 26.75 10 1993 - 2023
Vietnam 26.02 11 1981 - 2023
Belarus 25.45 12 1993 - 2023
Moldova 25.18 13 1992 - 2023
South Africa 25.01 14 1994 - 2023
Algeria 24.47 15 1970 - 2023
Lebanon 23.13 16 1970 - 2023
Sudan 21.42 17 1970 - 2023
Nigeria 20.84 18 1970 - 2023
India 20.77 19 1970 - 2023
Cambodia 20.51 20 1981 - 2023
Armenia 20.35 21 1993 - 2023
Iran 19.96 22 1971 - 2023
Djibouti 19.81 23 1970 - 2023
Bosnia & Herz. 19.67 24 1999 - 2023
Bangladesh 19.1 25 1972 - 2023
Argentina 18.6 26 1970 - 2023
Egypt 18.55 27 1970 - 2023
Costa Rica 17.64 28 1970 - 2023
Fiji 17.02 29 1970 - 2023
Cape Verde 16.64 30 1981 - 2023
Georgia 15.88 31 1992 - 2023
Papua N.G. 15.54 32 1970 - 2023
Morocco 15.32 33 1970 - 2023
Samoa 15.15 34 1970 - 2023
Philippines 14.94 35 1970 - 2023
Sri Lanka 14.63 36 1970 - 2023
Tanzania 14.18 37 1970 - 2023
Benin 14.12 38 1970 - 2023
Jamaica 14 39 1970 - 2023
Uzbekistan 12.81 40 1992 - 2023
Syria 12.71 41 2008 - 2023
Solomon Isl. 12.43 42 1978 - 2023
Albania 12.31 43 1991 - 2023
Indonesia 12.12 44 1970 - 2023
Peru 11.85 45 1970 - 2023
Brazil 11.7 46 1970 - 2023
Afghanistan 11.61 47 2006 - 2023
Maldives 11.3 48 1978 - 2023
Ukraine 11.3 49 1992 - 2023
Senegal 11.22 50 1970 - 2023
El Salvador 11.12 51 1970 - 2023
Ghana 10.9 52 1970 - 2023
Saint Lucia 10.72 53 1981 - 2023
Colombia 10.5 54 1970 - 2023
Kazakhstan 10.18 55 1992 - 2023
C.A. Republic 10.09 56 1970 - 2023
Kyrgyzstan 9.98 57 1992 - 2023
Suriname 9.83 58 2015 - 2023
Mexico 9.35 59 1970 - 2023
Tajikistan 9.3 60 1992 - 2023
Paraguay 9.26 61 1970 - 2023
Grenada 9.24 62 1970 - 2023
Zambia 9.19 63 1970 - 2023
Uganda 8.45 64 1970 - 2023
Honduras 7.83 65 1970 - 2023
Nicaragua 7.67 66 1970 - 2023
Angola 6.94 67 1989 - 2023
Pakistan 6.87 68 1970 - 2023
Vanuatu 6.86 69 1981 - 2023
Yemen 6.79 70 1971 - 2023
Sierra Leone 6.73 71 1970 - 2023
Domin. Rep. 6.57 72 1970 - 2023
Kenya 6.16 73 1970 - 2023
DR Congo 6.05 74 1970 - 2023
Cameroon 5.81 75 1970 - 2023
Serbia 5.76 76 1970 - 2023
Mongolia 5.73 77 1992 - 2023
Eritrea 5.63 78 1994 - 2023
Botswana 5.59 79 1970 - 2023
Ivory Coast 5.3 80 1970 - 2023
Togo 5.28 81 1970 - 2023
Iraq 5.08 82 2015 - 2023
Guinea 5.03 83 1970 - 2023
S.T.&Principe 4.86 84 1977 - 2023
Mauritania 4.5 85 1970 - 2023
Gabon 4.05 86 1970 - 2023
Laos 3.97 87 1970 - 2023
Bolivia 3.96 88 1970 - 2023
Rwanda 3.88 89 1970 - 2023
Nepal 3.5 90 1970 - 2023
Gambia 3.43 91 1970 - 2023
Azerbaijan 3.31 92 1993 - 2023
Ecuador 3.17 93 1970 - 2023
Madagascar 3.03 94 1970 - 2023
Malawi 2.72 95 1970 - 2023
Guyana 2.62 96 1970 - 2023
R. of Congo 2.45 97 1970 - 2023
Montenegro 2.43 98 2006 - 2023
Turkmenistan 2.16 99 1993 - 2023
Mozambique 1.22 100 1984 - 2023
Guatemala 1.2 101 1970 - 2023
Ethiopia 1.1 102 1970 - 2023
Chad 1.03 103 1970 - 2023
Swaziland 0.96 104 1970 - 2023
Mali 0.84 105 1970 - 2023
Lesotho 0.8 106 1970 - 2023
Niger 0.78 107 1970 - 2023
Belize 0.67 108 1970 - 2023
Comoros 0.4 109 1970 - 2023
Burma 0.25 110 1970 - 2023
Bhutan 0.17 111 1981 - 2023
G.-Bissau 0.12 112 1970 - 2023
Burundi 0.03 113 1970 - 2023
Burkina Faso 0 114 1970 - 2023
Haiti 0 115 1970 - 2023
Liberia 0 116 1970 - 2023
St. Vincent & ... 0 117 1970 - 2023
Tonga 0 118 1985 - 2023



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 external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.

Selected articles from our guide:

The unholy trinity of international finance

Most commonly used measures of corruption

All articles

1. China
2. Mauritius
3. Jordan
4. Thailand
5. Tunisia
6. Dominica
7. Turkey
8. Zimbabwe
9. Somalia
10. North Macedonia
11. Vietnam
12. Belarus
13. Moldova
14. South Africa
15. Algeria
16. Lebanon
17. Sudan
18. Nigeria
19. India
20. Cambodia
21. Armenia
22. Iran
23. Djibouti
24. Bosnia & Herz.
25. Bangladesh
26. Argentina
27. Egypt
28. Costa Rica
29. Fiji
30. Cape Verde
31. Georgia
32. Papua N.G.
33. Morocco
34. Samoa
35. Philippines
36. Sri Lanka
37. Tanzania
38. Benin
39. Jamaica
40. Uzbekistan
41. Syria
42. Solomon Isl.
43. Albania
44. Indonesia
45. Peru
46. Brazil
47. Afghanistan
48. Maldives
49. Ukraine
50. Senegal
51. El Salvador
52. Ghana
53. Saint Lucia
54. Colombia
55. Kazakhstan
56. C.A. Republic
57. Kyrgyzstan
58. Suriname
59. Mexico
60. Tajikistan
61. Paraguay
62. Grenada
63. Zambia
64. Uganda
65. Honduras
66. Nicaragua
67. Angola
68. Pakistan
69. Vanuatu
70. Yemen
71. Sierra Leone
72. Domin. Rep.
73. Kenya
74. DR Congo
75. Cameroon
76. Serbia
77. Mongolia
78. Eritrea
79. Botswana
80. Ivory Coast
81. Togo
82. Iraq
83. Guinea
84. S.T.&Principe
85. Mauritania
86. Gabon
87. Laos
88. Bolivia
89. Rwanda
90. Nepal
91. Gambia
92. Azerbaijan
93. Ecuador
94. Madagascar
95. Malawi
96. Guyana
97. R. of Congo
98. Montenegro
99. Turkmenistan
100. Mozambique
101. Guatemala
102. Ethiopia
103. Chad
104. Swaziland
105. Mali
106. Lesotho
107. Niger
108. Belize
109. Comoros
110. Burma
111. Bhutan
112. G.-Bissau
113. Burundi
114. Burkina Faso
115. Haiti
116. Liberia
117. St. Vincent & ...
118. Tonga
51.68
47.24
38.28
33.98
33.37
33.13
32.45
28.79
27.68
26.75
26.02
25.45
25.18
25.01
24.47
23.13
21.42
20.84
20.77
20.51
20.35
19.96
19.81
19.67
19.10
18.60
18.55
17.64
17.02
16.64
15.88
15.54
15.32
15.15
14.94
14.63
14.18
14.12
14.00
12.81
12.71
12.43
12.31
12.12
11.85
11.70
11.61
11.30
11.30
11.22
11.12
10.90
10.72
10.50
10.18
10.09
9.98
9.83
9.35
9.30
9.26
9.24
9.19
8.45
7.83
7.67
6.94
6.87
6.86
6.79
6.73
6.57
6.16
6.05
5.81
5.76
5.73
5.63
5.59
5.30
5.28
5.08
5.03
4.86
4.50
4.05
3.97
3.96
3.88
3.50
3.43
3.31
3.17
3.03
2.72
2.62
2.45
2.43
2.16
1.22
1.20
1.10
1.03
0.96
0.84
0.80
0.78
0.67
0.40
0.25
0.17
0.12
0.03
0.00
0.00
0.00
0.00
0.00
0
12.9
25.8
38.8
51.68


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