Short-term external debt - Country rankings

* indicates monthly or quarterly data series

Short-term debt, percent of total external debt, 2024:

The average for 2024 based on 104 countries was 23.55 percent. The highest value was in Japan: 73.1 percent and the lowest value was in Botswana: 0 percent. The indicator is available from 1990 to 2024. 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, 2024 Global rank Available data
Japan 73.1 1 2003 - 2024
UK 70.71 2 1999 - 2024
Singapore 62.89 3 2003 - 2024
Mauritius 62.27 4 1990 - 2024
Hong Kong 59.86 5 2002 - 2024
China 54.57 6 1990 - 2024
Switzerland 51 7 1999 - 2024
Lithuania 49.92 8 2003 - 2024
France 43.88 9 2002 - 2024
Malaysia 42.65 10 2012 - 2024
Belgium 41.77 11 2003 - 2024
Portugal 40.9 12 1998 - 2024
Ireland 40.01 13 2002 - 2024
Russia 39.85 14 2003 - 2024
Canada 37.54 15 1998 - 2024
Spain 37.46 16 2002 - 2024
Tunisia 37.12 17 1990 - 2024
Jordan 37.03 18 1990 - 2024
Kiribati 36.62 19 2013 - 2024
Thailand 36.52 20 1990 - 2024
Slovakia 36.09 21 2003 - 2024
Czechia 36.04 22 1999 - 2024
Slovenia 35.88 23 2001 - 2024
Norway 35.83 24 2003 - 2024
Germany 35.54 25 2001 - 2024
Turkey 33.83 26 1990 - 2024
Italy 33.36 27 2002 - 2024
Sweden 32.73 28 1998 - 2024
Israel 32.33 29 1998 - 2024
Croatia 32 30 1999 - 2024
USA 31.91 31 2003 - 2024
Greece 31.49 32 2003 - 2024
Finland 30.39 33 2002 - 2024
Dominica 30.26 34 1990 - 2024
Denmark 29.92 35 2003 - 2024
Estonia 29.78 36 1998 - 2024
Austria 29.36 37 2003 - 2024
Seychelles 29.1 38 2012 - 2024
Belarus 28.1 39 1993 - 2024
South Africa 27.56 40 1994 - 2024
Australia 27.39 41 2003 - 2024
Luxembourg 27.27 42 2002 - 2024
Algeria 25.51 43 1990 - 2024
Cyprus 24.53 44 2008 - 2024
Moldova 23.73 45 1992 - 2024
Netherlands 23.6 46 2003 - 2024
Saudi Arabia 23.12 47 2017 - 2024
New Zealand 22.63 48 2011 - 2024
Armenia 22.17 49 1993 - 2024
South Korea 21.78 50 1998 - 2024
North Macedonia 21.6 51 1993 - 2024
Bosnia & Herz. 20.6 52 1999 - 2024
Cambodia 20.56 53 1990 - 2024
Malta 20.25 54 2008 - 2024
Bulgaria 20.14 55 2005 - 2024
Egypt 19.98 56 1990 - 2024
India 19.43 57 1990 - 2024
Georgia 19.27 58 1993 - 2024
Uruguay 18.7 59 2003 - 2024
Poland 17.8 60 1999 - 2024
Samoa 17.26 61 1990 - 2024
Indonesia 16.38 62 1990 - 2024
Jamaica 16.2 63 1990 - 2024
Philippines 15.72 64 1990 - 2024
Kyrgyzstan 14.69 65 1992 - 2024
Djibouti 14.22 66 1990 - 2024
Brazil 14.17 67 1990 - 2024
Namibia 13.32 68 2010 - 2024
Bangladesh 13.29 69 1990 - 2024
Ukraine 12.17 70 1992 - 2024
Albania 12.08 71 1991 - 2024
Argentina 11.88 72 1990 - 2024
Kazakhstan 11.82 73 1992 - 2024
Tajikistan 11.74 74 1993 - 2024
Peru 11.64 75 1990 - 2024
Zambia 11.64 76 1990 - 2024
Iceland 11.58 77 1998 - 2024
Sri Lanka 11.55 78 1990 - 2024
Honduras 11.27 79 1990 - 2024
Morocco 10.88 80 1990 - 2024
Tr.&Tobago 10.75 81 2015 - 2024
Mexico 10.61 82 1990 - 2024
El Salvador 10.57 83 1990 - 2024
Romania 10.19 84 2008 - 2024
Colombia 9.99 85 1990 - 2024
Hungary 9.81 86 2002 - 2024
Uzbekistan 8.15 87 1992 - 2024
Chile 7.99 88 2003 - 2024
Sierra Leone 7.53 89 1990 - 2024
Nicaragua 7.35 90 1990 - 2024
Pakistan 7.29 91 1990 - 2024
Ant.& Barb. 6.73 92 2016 - 2024
Saint Lucia 6.64 93 1990 - 2024
Mongolia 5.49 94 1992 - 2024
Suriname 5.3 95 2011 - 2024
Solomon Isl. 5.23 96 1990 - 2024
Cameroon 4.31 97 1990 - 2024
Nepal 4.02 98 1990 - 2024
Rwanda 3.83 99 1990 - 2024
Bolivia 3.05 100 1990 - 2024
Uganda 2.65 101 1990 - 2024
Ecuador 0.64 102 1990 - 2024
Guatemala 0.31 103 1990 - 2024
Botswana 0 104 1990 - 2024


New - World map: Short-term external debt




Definition: External debt with of public and private domestic borrowers to non-residents with maturity of twelve months of less as percent of total external debt. 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.

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All articles

1. Japan
2. UK
3. Singapore
4. Mauritius
5. Hong Kong
6. China
7. Switzerland
8. Lithuania
9. France
10. Malaysia
11. Belgium
12. Portugal
13. Ireland
14. Russia
15. Canada
16. Spain
17. Tunisia
18. Jordan
19. Kiribati
20. Thailand
21. Slovakia
22. Czechia
23. Slovenia
24. Norway
25. Germany
26. Turkey
27. Italy
28. Sweden
29. Israel
30. Croatia
31. USA
32. Greece
33. Finland
34. Dominica
35. Denmark
36. Estonia
37. Austria
38. Seychelles
39. Belarus
40. South Africa
41. Australia
42. Luxembourg
43. Algeria
44. Cyprus
45. Moldova
46. Netherlands
47. Saudi Arabia
48. New Zealand
49. Armenia
50. South Korea
51. North Macedonia
52. Bosnia & Herz.
53. Cambodia
54. Malta
55. Bulgaria
56. Egypt
57. India
58. Georgia
59. Uruguay
60. Poland
61. Samoa
62. Indonesia
63. Jamaica
64. Philippines
65. Kyrgyzstan
66. Djibouti
67. Brazil
68. Namibia
69. Bangladesh
70. Ukraine
71. Albania
72. Argentina
73. Kazakhstan
74. Tajikistan
75. Peru
76. Zambia
77. Iceland
78. Sri Lanka
79. Honduras
80. Morocco
81. Tr.&Tobago
82. Mexico
83. El Salvador
84. Romania
85. Colombia
86. Hungary
87. Uzbekistan
88. Chile
89. Sierra Leone
90. Nicaragua
91. Pakistan
92. Ant.& Barb.
93. Saint Lucia
94. Mongolia
95. Suriname
96. Solomon Isl.
97. Cameroon
98. Nepal
99. Rwanda
100. Bolivia
101. Uganda
102. Ecuador
103. Guatemala
104. Botswana
73.10
70.71
62.89
62.27
59.86
54.57
51.00
49.92
43.88
42.65
41.77
40.90
40.01
39.85
37.54
37.46
37.12
37.03
36.62
36.52
36.09
36.04
35.88
35.83
35.54
33.83
33.36
32.73
32.33
32.00
31.91
31.49
30.39
30.26
29.92
29.78
29.36
29.10
28.10
27.56
27.39
27.27
25.51
24.53
23.73
23.60
23.12
22.63
22.17
21.78
21.60
20.60
20.56
20.25
20.14
19.98
19.43
19.27
18.70
17.80
17.26
16.38
16.20
15.72
14.69
14.22
14.17
13.32
13.29
12.17
12.08
11.88
11.82
11.74
11.64
11.64
11.58
11.55
11.27
10.88
10.75
10.61
10.57
10.19
9.99
9.81
8.15
7.99
7.53
7.35
7.29
6.73
6.64
5.49
5.30
5.23
4.31
4.02
3.83
3.05
2.65
0.64
0.31
0.00
0
18.3
36.6
54.8
73.1


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