Short-term debt in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Short-term debt was 31.1% in 2024. ◆ Volatile
Short-term debt in Europe & Central Asia (excluding high income), 1974–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
The most recent figure for short-term debt in Europe & Central Asia (excluding high income) is 31.1%, measured in 2024.
Compared with earlier readings it is down 4.8% on the previous year and down 14.6% over ten years.
Over the whole period, short-term debt in Europe & Central Asia (excluding high income) peaked at 265.7% in 1977 and was at its lowest, 21.9%, in 1997.
Europe & Central Asia (excluding high income) ranks 1st of 32 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Europe & Central Asia (excluding high income), year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1974 | 63.5% | — |
| 1975 | 71.6% | +12.7% |
| 1976 | 67.5% | -5.8% |
| 1977 | 265.7% | +293.9% |
| 1978 | 254.7% | -4.1% |
| 1979 | 122.1% | -52.1% |
| 1980 | 68.1% | -44.2% |
| 1981 | 36.6% | -46.3% |
| 1982 | 22.3% | -38.9% |
| 1983 | 28.8% | +28.9% |
| 1984 | 32.6% | +13.4% |
| 1985 | 41.7% | +27.7% |
| 1986 | 58.1% | +39.5% |
| 1987 | 52.5% | -9.7% |
| 1988 | 35.7% | -31.9% |
| 1989 | 30.4% | -14.8% |
| 1990 | 43.3% | +42.2% |
| 1991 | 41.4% | -4.3% |
| 1992 | 51.8% | +25.1% |
| 1993 | 64.1% | +23.9% |
| 1994 | 24.8% | -61.3% |
| 1995 | 24.1% | -3.0% |
| 1996 | 23.1% | -4.2% |
| 1997 | 21.9% | -4.9% |
| 1998 | 25.7% | +17.1% |
| 1999 | 30.5% | +18.6% |
| 2000 | 33.1% | +8.6% |
| 2001 | 28.2% | -14.8% |
| 2002 | 29.1% | +3.1% |
| 2003 | 30.3% | +4.3% |
| 2004 | 29.7% | -2.2% |
| 2005 | 29.9% | +0.9% |
| 2006 | 30.7% | +2.6% |
| 2007 | 27.7% | -9.7% |
| 2008 | 22.4% | -19.2% |
| 2009 | 29.2% | +30.3% |
| 2010 | 36.7% | +25.9% |
| 2011 | 30.9% | -15.7% |
| 2012 | 32.6% | +5.4% |
| 2013 | 36.8% | +12.8% |
| 2014 | 36.4% | -0.9% |
| 2015 | 34.5% | -5.2% |
| 2016 | 33.0% | -4.3% |
| 2017 | 32.9% | -0.3% |
| 2018 | 26.6% | -19.1% |
| 2019 | 27.0% | +1.3% |
| 2020 | 36.6% | +35.5% |
| 2021 | 28.2% | -22.9% |
| 2022 | 28.7% | +1.8% |
| 2023 | 32.7% | +13.8% |
| 2024 | 31.1% | -4.8% |
Biggest year-on-year movements
Years where Short-term debt in Europe & Central Asia (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +293.9% | 67.5% | 265.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 140.9% | 63.5% | 265.7% | 6 |
| 1980s | 40.7% | 22.3% | 68.1% | 10 |
| 1990s | 35.1% | 21.9% | 64.1% | 10 |
| 2000s | 29.0% | 22.4% | 33.1% | 10 |
| 2010s | 32.8% | 26.6% | 36.8% | 10 |
| 2020s | 31.5% | 28.2% | 36.6% | 5 |
Countries ranked near Europe & Central Asia (excluding high income)
More economy & growth data for Europe & Central Asia (excluding high income)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0062 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1.77 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,786 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1606 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$) 15.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 68.56 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 20.44 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 5.18 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0018 BoP, current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 16.87 % change on previous year (2025)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is short-term debt in Europe & Central Asia (excluding high income)?
- Short-term debt in Europe & Central Asia (excluding high income) was 31.1% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Europe & Central Asia (excluding high income)?
- The highest recorded value was 265.7% in 1977.
- What is the lowest short-term debt recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 21.9% in 1997.
- How does Europe & Central Asia (excluding high income) rank for short-term debt?
- Europe & Central Asia (excluding high income) ranks 1st out of 32 groups with data for 2024.
- Is short-term debt rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is down 14.6%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (excluding high income) 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 — 51 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.