Short-term debt in Africa Eastern and Southern
Africa Eastern and Southern: Short-term debt was 23.0% in 2024. ▼ Falling
Short-term debt in Africa Eastern and Southern, 1994–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, short-term debt in Africa Eastern and Southern stood at 23.0%.
That represents a change of up 2.0% on the previous year and down 7.0% over ten years.
Over the whole period, short-term debt in Africa Eastern and Southern peaked at 39.1% in 1998 and was at its lowest, 17.2%, in 2011.
That places Africa Eastern and Southern 11th out of 32 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Short-term debt in Africa Eastern and Southern, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1994 | 37.0% | — |
| 1995 | 37.3% | +0.8% |
| 1996 | 35.6% | -4.5% |
| 1997 | 33.9% | -4.7% |
| 1998 | 39.1% | +15.3% |
| 1999 | 35.5% | -9.1% |
| 2000 | 27.5% | -22.6% |
| 2001 | 25.2% | -8.2% |
| 2002 | 24.2% | -4.2% |
| 2003 | 23.7% | -1.8% |
| 2004 | 22.1% | -6.9% |
| 2005 | 21.2% | -4.1% |
| 2006 | 21.9% | +3.5% |
| 2007 | 20.8% | -5.2% |
| 2008 | 19.0% | -8.5% |
| 2009 | 24.9% | +31.2% |
| 2010 | 21.5% | -13.6% |
| 2011 | 17.2% | -20.3% |
| 2012 | 21.8% | +27.3% |
| 2013 | 22.7% | +4.0% |
| 2014 | 24.8% | +9.1% |
| 2015 | 28.0% | +13.1% |
| 2016 | 28.9% | +3.1% |
| 2017 | 27.6% | -4.5% |
| 2018 | 27.3% | -1.1% |
| 2019 | 28.0% | +2.8% |
| 2020 | 31.8% | +13.3% |
| 2021 | 23.2% | -26.9% |
| 2022 | 22.3% | -4.1% |
| 2023 | 22.6% | +1.4% |
| 2024 | 23.0% | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 36.4% | 33.9% | 39.1% | 6 |
| 2000s | 23.0% | 19.0% | 27.5% | 10 |
| 2010s | 24.8% | 17.2% | 28.9% | 10 |
| 2020s | 24.6% | 22.3% | 31.8% | 5 |
Countries ranked near Africa Eastern and Southern
More economy & growth data for Africa Eastern and Southern
- General government final consumption expenditure (constant 2015 US$) 3.39 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.06 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 1,159 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6726 current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps -3.88 billion BoP, current US$ (2025)
- Households and NPISHs Final consumption expenditure (current US$) 6.75 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 226.14 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1313 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0029 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 885.91 million BoP, current US$ (2025)
Frequently asked questions
- What is short-term debt in Africa Eastern and Southern?
- Short-term debt in Africa Eastern and Southern was 23.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Africa Eastern and Southern?
- The highest recorded value was 39.1% in 1998.
- What is the lowest short-term debt recorded in Africa Eastern and Southern?
- The lowest recorded value was 17.2% in 2011.
- How does Africa Eastern and Southern rank for short-term debt?
- Africa Eastern and Southern ranks 11th out of 32 groups with data for 2024.
- Is short-term debt rising or falling in Africa Eastern and Southern?
- Over the last ten years it is down 7.0%. The long-run trend across the full record is falling.
- Where does this Africa Eastern and Southern data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.