Gabon's short-term debt (% of total external debt) was 2.23% in 2024, the latest year in the World Bank's World Development Indicators. That is up 0.66 percentage points from 1.57% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 2.23% | 2024 |
| Five years earlier | 4.93% | 2019 |
| Ten years earlier | 1.57% | 2014 |
| Highest | 27.31% | 1984 |
| Lowest | 0.21% | 2021 |
| Average since 2015 | 2.85% | 2015–2024 |
| First recorded | 12.52% | 1970 |
What the numbers say
In 2024, Gabon's short-term debt (% of total external debt) rose 0.59 percentage points on 2023 (from 1.64% to 2.23%).
Across the 30 yearly changes before that (1994 to 2023), the average change was −0.71 percentage points and a typical year strayed about 3.77 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 8.19 percentage points in 1983 and the biggest yearly fall was 13.58 percentage points in 1994. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 26% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Gabon had the 92nd highest value of the 118 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Gabon | 2.23% | 2024 |
| Upper middle income | 31.34% | 2024 |
Closest to Gabon in the 2024 ranking
- Montenegro — 89th of 118: 2.69%
- Uganda — 90th of 118: 2.53%
- São Tomé and Principe — 91st of 118: 2.44%
- Malawi — 93rd of 118: 2.01%
- Serbia — 94th of 118: 1.92%
- Grenada — 95th of 118: 1.82%
What this measures
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.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 55 values
| Year | Short-term debt (% of total external debt) |
|---|---|
| 2024 | 2.23 |
| 2023 | 1.64 |
| 2022 | 4.06 |
| 2021 | 0.2149 |
| 2020 | 0.9768 |
| 2019 | 4.93 |
| 2018 | 2.72 |
| 2017 | 3.15 |
| 2016 | 4.47 |
| 2015 | 4.1 |
| 2014 |
Short-term debt (% of total external debt) in nearby economies
- Angola — 9.89% (2024)
- Benin — 8.97% (2024)
- Botswana — 6.24% (2024)
- Burkina Faso — 0% (2024)
- Burundi — 0.26% (2024)
- Cabo Verde — 16.45% (2024)
- Cameroon — 6.03% (2024)
- Central African Republic — 12.09% (2024)
- Chad — 0.88% (2024)
- Comoros — 0% (2024)
More economic policy & debt data for Gabon
- General government final consumption expenditure (current US$) — US$2.39 billion (2025)
- General government final consumption expenditure (current LCU) — 1.39 trillion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$1.91 billion (2025)
- General government final consumption expenditure (constant LCU) — 992.1 billion (2025)
- General government final consumption expenditure (% of GDP) — 11.16% (2025)
- Households and NPISHs final consumption expenditure (constant 2015 US$) — US$5.93 billion (2025)
- Households and NPISHs final consumption expenditure (constant LCU) — 2.77 trillion (2025)
- Households and NPISHs final consumption expenditure per capita (constant 2015 US$)
Reading data like this
Questions people ask
- What is Gabon's short-term debt (% of total external debt)?
- 2.23% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is down 10.29 percentage points from 12.52% in 1970. The highest value was 27.31% in 1984 and the lowest 0.21% in 2021.
- How does Gabon rank?
- 92nd highest of 118 economies with data for 2024.
- Is the latest change in short-term debt (% of total external debt) unusual for Gabon?
- In 2024, Gabon's short-term debt (% of total external debt) rose 0.59 percentage points on 2023 (from 1.64% to 2.23%). Across the 30 yearly changes before that (1994 to 2023), the average change was −0.71 percentage points and a typical year strayed about 3.77 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator DT.DOD.DSTC.ZS, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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