Short-term debt in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Short-term debt was 19.5% in 2022. ▲ Rising
Short-term debt in Europe & Central Asia (IDA & IBRD countries), 1994–2022
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 (IDA & IBRD countries) is 19.5%, measured in 2022.
Compared with earlier readings it is down 3.0% on the previous year and down 13.7% over ten years.
Over the whole period, short-term debt in Europe & Central Asia (IDA & IBRD countries) peaked at 26.3% in 2020 and was at its lowest, 14.1%, in 1997.
Europe & Central Asia (IDA & IBRD countries) ranks 20th of 32 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Short-term debt in Europe & Central Asia (IDA & IBRD countries), year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1994 | 17.0% | — |
| 1995 | 16.0% | -6.3% |
| 1996 | 16.6% | +4.0% |
| 1997 | 14.1% | -14.8% |
| 1998 | 21.4% | +51.3% |
| 1999 | 24.4% | +13.9% |
| 2000 | 22.5% | -7.8% |
| 2001 | 21.6% | -3.7% |
| 2002 | 20.8% | -3.7% |
| 2003 | 24.4% | +17.2% |
| 2004 | 20.6% | -15.6% |
| 2005 | 18.9% | -8.2% |
| 2006 | 20.3% | +7.2% |
| 2007 | 26.0% | +28.4% |
| 2008 | 18.2% | -30.0% |
| 2009 | 23.1% | +27.0% |
| 2010 | 24.8% | +7.0% |
| 2011 | 20.9% | -15.7% |
| 2012 | 22.6% | +8.4% |
| 2013 | 24.9% | +9.8% |
| 2014 | 23.0% | -7.7% |
| 2015 | 23.3% | +1.3% |
| 2016 | 24.0% | +3.3% |
| 2017 | 23.0% | -4.2% |
| 2018 | 18.2% | -20.8% |
| 2019 | 20.2% | +10.8% |
| 2020 | 26.3% | +30.0% |
| 2021 | 20.1% | -23.3% |
| 2022 | 19.5% | -3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.3% | 14.1% | 24.4% | 6 |
| 2000s | 21.6% | 18.2% | 26.0% | 10 |
| 2010s | 22.5% | 18.2% | 24.9% | 10 |
| 2020s | 22.0% | 19.5% | 26.3% | 3 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
More economy & growth data for Europe & Central Asia (IDA & IBRD countries)
- General government final consumption expenditure (current US$), per 0.1823 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 5.09 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 8,599 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.562 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 17.66 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 1,688 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1103 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1.86 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 2,789 current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is short-term debt in Europe & Central Asia (IDA & IBRD countries)?
- Short-term debt in Europe & Central Asia (IDA & IBRD countries) was 19.5% in 2022, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Europe & Central Asia (IDA & IBRD countries)?
- The highest recorded value was 26.3% in 2020.
- What is the lowest short-term debt recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 14.1% in 1997.
- How does Europe & Central Asia (IDA & IBRD countries) rank for short-term debt?
- Europe & Central Asia (IDA & IBRD countries) ranks 20th out of 32 groups with data for 2022.
- Is short-term debt rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is down 13.7%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia (IDA & IBRD countries) 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
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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.