Peru: Short-term debt (% of exports of goods, services and primary income)

Key figures

What the numbers say

In 2024, Peru's short-term debt (% of exports of goods, services and primary income) fell 4.64 percentage points on 2023 (from 16.31% to 11.67%).

Across the 30 yearly changes before that (1994 to 2023), the average change was −3.95 percentage points and a typical year strayed about 12.57 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below 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 50.57 percentage points in 1993 and the biggest yearly fall was 56.76 percentage points in 1996. 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 23% 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, Peru had the 52nd highest value of the 99 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.

Closest to Peru in the 2024 ranking

• Tajikistan — 49th of 99: 13.31%
• Cambodia — 50th of 99: 13.29%
• Mozambique — 51st of 99: 12.42%
• Rwanda — 53rd of 99: 11.61%
• Albania — 54th of 99: 11.4%
• Sierra Leone — 55th of 99: 10.88%

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. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 48 values

Short-term debt (% of exports of goods, services and primary income) in nearby economies

• Argentina — 47.04% (2024)
• Belize — 0.78% (2024)
• Bolivia — 5.64% (2024)
• Brazil — 19.7% (2024)
• Colombia — 24.24% (2024)
• Dominica — 75.05% (2024)
• Dominican Republic — 13.8% (2024)
• Ecuador — 1.61% (2024)
• El Salvador

More economic policy & debt data for Peru

• Total reserves, including gold (current US$) — US$90.39 billion (2025)
• Total reserves, excluding gold (current US$) — US$85.53 billion (2025)
• General government final consumption expenditure (current US$) — US$43.78 billion (2025)
• General government final consumption expenditure (current LCU) — 156.16 billion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$35.82 billion (2025)
• General government final consumption expenditure (constant LCU) — 85.45 billion (2025)
• General government final consumption expenditure (% of GDP) — 13.07% (2025)
• Households and NPISHs final consumption expenditure (current US$) — US$195.77 billion (2025)

Reading data like this

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Questions people ask

What is Peru's short-term debt (% of exports of goods, services and primary income)?

11.67% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1977?

It is down 86.28 percentage points from 97.95% in 1977. The highest value was 140.04% in 1995 and the lowest 11.08% in 2006.

How does Peru rank?

52nd highest of 99 economies with data for 2024.

Is the latest change in short-term debt (% of exports of goods, services and primary income) unusual for Peru?

In 2024, Peru's short-term debt (% of exports of goods, services and primary income) fell 4.64 percentage points on 2023 (from 16.31% to 11.67%). Across the 30 yearly changes before that (1994 to 2023), the average change was −3.95 percentage points and a typical year strayed about 12.57 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below 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.XP.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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