Of the economies in the World Bank's latest release, Sudan has the highest short-term debt (% of total reserves) (3,051% in 2017) 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 reserves includes gold.
Limitations: The DRS encourages debtor countries to voluntarily provide information on their short-term external obligations. By its nature, short-term external debt is difficult to monitor: loan-by-loan registration is normally impractical, and monitoring systems typically rely on information requested periodically by the central bank from the banking sector. The World Bank regards the debtor country as the authoritative source of information on its short-term debt. Where such information is not available from the debtor country, data are derived from BIS data on international bank lending based on time remaining to original maturity.
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 | Sudan | 3,051% | 2017 |
| 2 | Zimbabwe | 818.02% | 2024 |
| 3 | Tunisia | 170.49% | 2024 |
| 4 | Argentina | 164.36% | 2024 |
| 5 | Djibouti | 148.57% | 2024 |
| 6 | Mauritius | 131.15% | 2024 |
| 7 | Kosovo | 119.37% | 2024 |
| 8 | Türkiye | 114.52% | 2024 |
| 9 | Belarus | 111.41% | 2024 |
| 10 | Dominica | 111.35% | 2024 |
| 11 | Georgia | 106.38% | 2024 |
| 12 | Sri Lanka | 95.47% | 2024 |
| 13 | Armenia | 94.94% | 2024 |
| 14 | Congo, Rep. | 86.58% | 2024 |
| 15 | Jordan | 81.58% | 2024 |
| 16 | South Africa | 71.56% | 2024 |
| 17 | El Salvador | 71.51% | 2024 |
| 18 | Egypt, Arab Rep. | 69% | 2024 |
| 19 | Zambia | 68.28% | 2024 |
| 20 | Fiji | 65.85% | 2024 |
| 21 | North Macedonia | 60.54% | 2024 |
| 22 | Bangladesh | 60.51% | 2024 |
| 23 | Lebanon | 57.19% | 2024 |
| 24 | Tanzania | 56.06% | 2018 |
| 25 | Nigeria | 55.01% | 2024 |
| 26 | Pakistan | 52.2% | 2024 |
| 27 | Lao PDR | 49.57% | 2024 |
| 28 | Cabo Verde | 49.56% | 2024 |
| 29 | Viet Nam | 44.64% | 2024 |
| 30 | Kazakhstan | 42.78% | 2024 |
| 31 | Mongolia | 42.63% | 2024 |
| 32 | Jamaica | 42.6% | 2024 |
| 33 | Ukraine | 41.86% | 2024 |
| 34 | Indonesia | 41.82% | 2024 |
| 35 | Angola | 40.78% | 2024 |
| 36 | Moldova | 40.75% | 2024 |
| 37 | Sierra Leone | 40.14% | 2024 |
| 38 | Yemen, Rep. | 39.9% | 2022 |
| 39 | China | 37.79% | 2024 |
| 40 | Paraguay | 37.2% | 2024 |
| 41 | Ghana | 36.81% | 2024 |
| 42 | Bosnia and Herzegovina | 32.63% | 2024 |
| 43 | Bolivia | 32.14% | 2024 |
| 44 | Mozambique | 31.53% | 2024 |
| 45 | Kyrgyz Republic | 31.4% | 2024 |
| 46 | Dominican Republic | 30.79% | 2024 |
| 47 | Colombia | 30.78% | 2024 |
| 48 | Malawi | 30.02% | 2020 |
| 49 | Thailand | 29.29% | 2024 |
| 50 | Guinea | 28.07% | 2024 |
| 51 | Mexico | 26.36% | 2024 |
| 52 | Central African Republic | 25.85% | 2024 |
| 53 | Brazil | 25.56% | 2024 |
| 54 | Bulgaria | 24.37% | 2022 |
| 55 | Tajikistan | 23.99% | 2024 |
| 56 | Gabon | 23.81% | 2024 |
| 57 | Maldives | 23.72% | 2024 |
| 58 | Nicaragua | 22.05% | 2024 |
| 59 | Honduras | 21.92% | 2024 |
| 60 | India | 21.7% | 2024 |
| 61 | Rwanda | 20.81% | 2024 |
| 62 | St. Vincent and the Grenadines | 20.52% | 2024 |
| 63 | Morocco | 20.21% | 2024 |
| 64 | Kenya | 19.94% | 2024 |
| 65 | Philippines | 19.72% | 2024 |
| 66 | St. Lucia | 19.59% | 2024 |
| 67 | Cambodia | 19.09% | 2024 |
| 68 | Albania | 19.04% | 2024 |
| 69 | Cameroon | 18.79% | 2024 |
| 70 | Vanuatu | 18.7% | 2024 |
| 71 | Eritrea | 17.07% | 2019 |
| 72 | Uganda | 14.9% | 2024 |
| 73 | Uzbekistan | 13.82% | 2024 |
| 74 | São Tomé and Principe | 13.52% | 2024 |
| 75 | Montenegro | 13.51% | 2024 |
| 76 | Samoa | 13.5% | 2024 |
| 77 | Peru | 13.22% | 2024 |
| 78 | Eswatini | 13.02% | 2024 |
| 79 | Russian Federation | 11.27% | 2022 |
| 80 | Congo, Dem. Rep. | 11.25% | 2023 |
| 81 | Gambia, The | 9.79% | 2024 |
| 82 | Ethiopia | 9.29% | 2024 |
| 83 | Ecuador | 9.07% | 2024 |
| 84 | Mauritania | 8.85% | 2021 |
| 85 | Guyana | 6.31% | 2024 |
| 86 | Haiti | 4.76% | 2024 |
| 87 | Afghanistan | 4.46% | 2020 |
| 88 | Solomon Islands | 4.26% | 2024 |
| 89 | Botswana | 4.19% | 2024 |
| 90 | Grenada | 3.7% | 2024 |
| 91 | Madagascar | 3.65% | 2024 |
| 92 | Serbia | 3.28% | 2024 |
| 93 | Papua New Guinea | 3.27% | 2024 |
| 94 | Nepal | 2.67% | 2024 |
| 95 | Belize | 2.64% | 2024 |
| 96 | Algeria | 2.12% | 2024 |
| 97 | Chad | 1.91% | 2024 |
| 98 | Azerbaijan | 1.72% | 2024 |
| 99 | Iraq | 0.72% | 2024 |
| 100 | Guatemala | 0.7% | 2024 |
| 101 | Myanmar | 0.48% | 2023 |
| 102 | Burundi | 0.33% | 2023 |
| 103 | Lesotho | 0.32% | 2024 |
| 104 | Timor-Leste | 0.16% | 2024 |
| 105 | Bhutan | 0% | 2024 |
| 106 | Comoros | 0% | 2024 |
| 107 | Liberia | 0% | 2024 |
| 108 | Tonga | 0% | 2024 |
Regions and income groups
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.IR.ZS, CC BY 4.0. Original source: World Development Indicators, World Bank (WB); International Monetary Fund (IMF), type: Balance of Payments Statistics Yearbook and data files; World Bank (WB), type: GDP estimates; Organisation for Economic Co-operation and Development (OECD), type: GDP estimates View on data.worldbank.org; the full definition is in the World Bank's metadata glossary.
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