Of the economies in the World Bank's latest release, Mauritius has the highest short-term debt (% of total external debt) (54.78% in 2024) and Tonga the lowest (0% in 2024).
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.
Each country's latest available year is shown; countries report on different schedules, so compare years before comparing values.
Ranking
| # | Economy | Latest value | Year |
|---|---|---|---|
| 1 | Mauritius | 54.78% | 2024 |
| 2 | China | 53.97% | 2024 |
| 3 | Somalia, Fed. Rep. | 41.79% | 2024 |
| 4 | Tunisia | 39.37% | 2024 |
| 5 | Jordan | 38.11% | 2024 |
| 6 | Thailand | 36.17% | 2024 |
| 7 | Kosovo | 35.58% | 2024 |
| 8 | Türkiye | 34.59% | 2024 |
| 9 | Dominica | 30.49% | 2024 |
| 10 | Belarus | 29.02% | 2024 |
| 11 | Lebanon | 28.26% | 2024 |
| 12 | Viet Nam | 27.9% | 2024 |
| 13 | Zimbabwe | 27.54% | 2024 |
| 14 | Fiji | 27.22% | 2024 |
| 15 | South Africa | 26.62% | 2024 |
| 16 | Algeria | 25.46% | 2024 |
| 17 | North Macedonia | 24.77% | 2024 |
| 18 | Iran, Islamic Rep. | 23.67% | 2024 |
| 19 | Bosnia and Herzegovina | 22.13% | 2024 |
| 20 | Vanuatu | 22.1% | 2024 |
| 21 | Sudan | 21.51% | 2024 |
| 22 | Armenia | 21.34% | 2024 |
| 23 | Moldova | 21.3% | 2024 |
| 24 | Bulgaria | 21.16% | 2022 |
| 25 | Cambodia | 20.48% | 2024 |
| 26 | Nigeria | 20.44% | 2024 |
| 27 | Argentina | 20.05% | 2024 |
| 28 | Egypt, Arab Rep. | 19.87% | 2024 |
| 29 | India | 19.48% | 2024 |
| 30 | Georgia | 18.8% | 2024 |
| 31 | Russian Federation | 17.43% | 2022 |
| 32 | Samoa | 17.35% | 2024 |
| 33 | Cabo Verde | 16.45% | 2024 |
| 34 | Jamaica | 16.17% | 2024 |
| 35 | Indonesia | 15.47% | 2024 |
| 36 | Philippines | 15.29% | 2024 |
| 37 | Djibouti | 14.99% | 2024 |
| 38 | Brazil | 13.92% | 2024 |
| 39 | Haiti | 13.68% | 2024 |
| 40 | Kyrgyz Republic | 13.67% | 2024 |
| 41 | Afghanistan | 13.24% | 2024 |
| 42 | Syrian Arab Republic | 12.95% | 2024 |
| 43 | Tajikistan | 12.49% | 2024 |
| 44 | Bangladesh | 12.39% | 2024 |
| 45 | Honduras | 12.32% | 2024 |
| 46 | Central African Republic | 12.09% | 2024 |
| 47 | Paraguay | 11.88% | 2024 |
| 48 | Kazakhstan | 11.7% | 2024 |
| 49 | Albania | 11.58% | 2024 |
| 50 | Peru | 11.23% | 2024 |
| 51 | Morocco | 11.04% | 2024 |
| 52 | El Salvador | 10.61% | 2024 |
| 53 | Côte d'Ivoire | 10.56% | 2024 |
| 54 | Mexico | 10.35% | 2024 |
| 55 | Sri Lanka | 10.24% | 2024 |
| 56 | Zambia | 9.93% | 2024 |
| 57 | Angola | 9.89% | 2024 |
| 58 | Congo, Rep. | 9.76% | 2024 |
| 59 | Senegal | 9.69% | 2024 |
| 60 | Ukraine | 9.47% | 2024 |
| 61 | Colombia | 9.44% | 2024 |
| 62 | Tanzania | 9.31% | 2024 |
| 63 | Benin | 8.97% | 2024 |
| 64 | Nicaragua | 8.69% | 2024 |
| 65 | Uzbekistan | 8.11% | 2024 |
| 66 | St. Vincent and the Grenadines | 8.06% | 2024 |
| 67 | Dominican Republic | 7.78% | 2024 |
| 68 | Sierra Leone | 7.46% | 2024 |
| 69 | Pakistan | 7.41% | 2024 |
| 70 | Yemen, Rep. | 7.21% | 2024 |
| 71 | Guinea | 7.01% | 2024 |
| 72 | Ghana | 7% | 2024 |
| 73 | Eritrea | 6.7% | 2024 |
| 74 | St. Lucia | 6.66% | 2024 |
| 75 | Botswana | 6.24% | 2024 |
| 76 | Mongolia | 6.18% | 2024 |
| 77 | Lao PDR | 6.15% | 2024 |
| 78 | Cameroon | 6.03% | 2024 |
| 79 | Eswatini | 5.64% | 2024 |
| 80 | Solomon Islands | 4.9% | 2024 |
| 81 | Mauritania | 4.78% | 2024 |
| 82 | Kenya | 4.68% | 2024 |
| 83 | Nepal | 4.17% | 2024 |
| 84 | Iraq | 4.15% | 2024 |
| 85 | Bolivia | 4.04% | 2024 |
| 86 | Rwanda | 3.84% | 2024 |
| 87 | Congo, Dem. Rep. | 3.81% | 2024 |
| 88 | Gambia, The | 3.75% | 2024 |
| 89 | Maldives | 3.41% | 2024 |
| 90 | Togo | 3.4% | 2024 |
| 91 | Montenegro | 2.69% | 2024 |
| 92 | Uganda | 2.53% | 2024 |
| 93 | São Tomé and Principe | 2.44% | 2024 |
| 94 | Gabon | 2.23% | 2024 |
| 95 | Malawi | 2.01% | 2024 |
| 96 | Serbia | 1.92% | 2024 |
| 97 | Grenada | 1.82% | 2024 |
| 98 | Azerbaijan | 1.79% | 2024 |
| 99 | Mozambique | 1.74% | 2024 |
| 100 | Guyana | 1.73% | 2024 |
| 101 | Madagascar | 1.53% | 2024 |
| 102 | Ecuador | 1.04% | 2024 |
| 103 | Ethiopia | 0.96% | 2024 |
| 104 | Papua New Guinea | 0.94% | 2024 |
| 105 | Turkmenistan | 0.93% | 2024 |
| 106 | Chad | 0.88% | 2024 |
| 107 | Belize | 0.84% | 2024 |
| 108 | Mali | 0.65% | 2024 |
| 109 | Guatemala | 0.63% | 2024 |
| 110 | Myanmar | 0.57% | 2024 |
| 111 | Niger | 0.56% | 2024 |
| 112 | Timor-Leste | 0.43% | 2024 |
| 113 | Burundi | 0.26% | 2024 |
| 114 | Lesotho | 0.18% | 2024 |
| 115 | Guinea-Bissau | 0.06% | 2024 |
| 116 | Bhutan | 0% | 2024 |
| 117 | Burkina Faso | 0% | 2024 |
| 118 | Comoros | 0% | 2024 |
| 119 | Liberia | 0% | 2024 |
| 120 | Tonga | 0% | 2024 |
Regions and income groups
| Region or group | Latest value | Year |
|---|---|---|
| East Asia & Pacific (excluding high income) | 44.22% | 2024 |
| Europe & Central Asia (excluding high income) | 21.82% | 2024 |
| IDA only | 8.86% | 2023 |
| Latin America & Caribbean (excluding high income) | 12.08% | 2024 |
| Low & middle income | 26.8% | 2024 |
| Low income | 4.52% | 2024 |
| Lower middle income | 16.74% | 2024 |
| Middle East, North Africa, Afghanistan & Pakistan (excluding high income) | 19.21% | 2024 |
| Middle income | 27.42% | 2024 |
| South Asia | 17.74% | 2024 |
| Sub-Saharan Africa (excluding high income) | 13.7% | 2024 |
| Upper middle income | 31.34% | 2024 |
More economic policy & debt indicators
- Trade in services (% of GDP)
- Communications, computer, etc. (% of service imports, BoP)
- Primary income payments (BoP, current US$)
- Imports of goods and services (current US$, BoP)
- Insurance and financial services (% of service imports, BoP)
- Goods imports (current US$, BoP)
- Service imports (current US$, BoP)
- Charges for the use of intellectual property, payments (BoP, current US$)
- Imports of goods, services and primary income (current US$, BoP)
- Transport services (% of service imports, BoP)
- Travel services (% of service imports, BoP)
- Foreign direct investment, net outflows (BoP, current US$)
Reading data like this
Source
World Bank, World Development Indicators, DT.DOD.DSTC.ZS, CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) View on data.worldbank.org; the full definition is in the World Bank's metadata glossary.
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