Paraguay's external debt stocks, short-term (DOD, current US$) was US$3.56 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 103.09% from US$1.75 billion in 2014 (7.34% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$3.56 billion | 2024 |
| Five years earlier | US$2.27 billion | 2019 |
| Ten years earlier | US$1.75 billion | 2014 |
| Highest | US$3.59 billion | 2007 |
| Lowest | US$17,177 | 1972 |
| Average since 2015 | US$2.26 billion | 2015–2024 |
| First recorded | US$17,177 |
What the numbers say
In 2024, Paraguay's external debt stocks, short-term (DOD, current US$) rose 28.8% on 2023 (from US$2.76 billion to US$3.56 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +27.8% and a typical year strayed about 122.3% from that (the standard deviation). This year's change was 0.0 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 35,017.3% in 1977 and the biggest yearly fall was 79.8% in 2008. 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 the straight-line trend is upward, about US$134.06 million a year. A straight line explains 56% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Paraguay had the 37th 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 | |
|---|---|---|
| Paraguay | US$3.56 billion | 2024 |
| Upper middle income | US$1.99 trillion | 2024 |
Closest to Paraguay in the 2024 ranking
- Côte d'Ivoire — 33rd of 118: US$4.28 billion
- Dominican Republic — 34th of 118: US$4.15 billion
- Zimbabwe — 35th of 118: US$3.97 billion
- Armenia — 37th of 118: US$3.5 billion
- Tanzania — 38th of 118: US$3.38 billion
- North Macedonia — 39th of 118: US$3.18 billion
What this measures
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 53 values
| Year | External debt stocks, short-term (DOD, current US$) |
|---|---|
| 2024 | 3,559,265,376 |
| 2023 | 2,763,250,477 |
| 2022 | 2,316,020,239 |
| 2021 | 1,872,248,871 |
| 2020 | 1,917,792,691 |
| 2019 | 2,268,219,194 |
| 2018 | 2,290,338,921 |
| 2017 | 1,967,111,748 |
| 2016 | 1,790,512,473 |
| 2015 | 1,873,679,100 |
External debt stocks, short-term (DOD, current US$) in nearby economies
- Argentina — US$48.58 billion (2024)
- Belize — US$13.15 million (2024)
- Bolivia — US$635.36 million (2024)
- Brazil — US$84.28 billion (2024)
- Colombia — US$19.05 billion (2024)
- Dominica — US$173.67 million (2024)
- Dominican Republic — US$4.15 billion (2024)
- Ecuador — US$626.22 million (2024)
- El Salvador — US$2.65 billion (2024)
- Grenada
More economic policy & debt data for Paraguay
- GDP (current US$) — US$49.28 billion (2025)
- GDP (current LCU) — 371.83 trillion (2025)
- GDP (constant 2015 US$) — US$49.29 billion (2025)
- GDP (constant LCU) — 252.51 trillion (2025)
- GDP per capita (current US$) — US$7,027 (2025)
- GDP per capita (current LCU) — 53.02 million (2025)
- GDP per capita (constant 2015 US$) — US$7,029 (2025)
- GDP per capita (constant LCU) — 36.01 million (2025)
- GNI (current US$) — US$47.35 billion (2025)
- GNI (current LCU) — 357.25 trillion (2025)
- GNI per capita (current LCU) — 50.94 million (2025)
Reading data like this
Questions people ask
- What is Paraguay's external debt stocks, short-term (DOD, current US$)?
- US$3.56 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1972?
- It is up 20.72 million% from US$17,177 in 1972 (26.54% a year on average, compounded). The highest value was US$3.59 billion in 2007 and the lowest US$17,177 in 1972.
- How does Paraguay rank?
- 37th highest of 118 economies with data for 2024.
- Is the latest change in external debt stocks, short-term (DOD, current US$) unusual for Paraguay?
- In 2024, Paraguay's external debt stocks, short-term (DOD, current US$) rose 28.8% on 2023 (from US$2.76 billion to US$3.56 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +27.8% and a typical year strayed about 122.3% from that (the standard deviation). This year's change was 0.0 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.CD, 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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