Short-term debt in Lower middle income
Lower middle income: Short-term debt was 18.8% in 2024. ▼ Falling
Short-term debt in Lower middle income, 1977–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, short-term debt in Lower middle income stood at 18.8%.
Compared with earlier readings it is down 7.6% on the previous year and up 19.4% over ten years.
Over the whole period, short-term debt in Lower middle income peaked at 46.9% in 1986 and was at its lowest, 8.2%, in 2005.
That places Lower middle income 21st 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 48 years of available data.
Short-term debt in Lower middle income, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1977 | 26.2% | — |
| 1978 | 28.4% | +8.4% |
| 1979 | 22.9% | -19.4% |
| 1980 | 21.3% | -7.1% |
| 1981 | 26.1% | +22.5% |
| 1982 | 31.1% | +19.3% |
| 1983 | 38.8% | +24.8% |
| 1984 | 41.4% | +6.5% |
| 1985 | 46.8% | +13.1% |
| 1986 | 46.9% | +0.3% |
| 1987 | 40.4% | -13.8% |
| 1988 | 37.9% | -6.4% |
| 1989 | 37.1% | -1.9% |
| 1990 | 30.8% | -16.9% |
| 1991 | 27.7% | -10.2% |
| 1992 | 26.8% | -3.2% |
| 1993 | 22.7% | -15.3% |
| 1994 | 22.1% | -2.7% |
| 1995 | 23.1% | +4.6% |
| 1996 | 21.9% | -5.3% |
| 1997 | 21.4% | -2.1% |
| 1998 | 22.9% | +6.7% |
| 1999 | 19.5% | -14.9% |
| 2000 | 12.7% | -34.9% |
| 2001 | 11.6% | -8.9% |
| 2002 | 13.2% | +14.3% |
| 2003 | 11.5% | -12.6% |
| 2004 | 9.9% | -13.9% |
| 2005 | 8.2% | -17.8% |
| 2006 | 10.9% | +33.8% |
| 2007 | 11.6% | +6.3% |
| 2008 | 10.0% | -13.9% |
| 2009 | 12.9% | +28.5% |
| 2010 | 13.4% | +3.9% |
| 2011 | 13.4% | +0.1% |
| 2012 | 16.5% | +23.0% |
| 2013 | 16.6% | +0.6% |
| 2014 | 15.7% | -5.0% |
| 2015 | 18.0% | +14.1% |
| 2016 | 19.6% | +8.8% |
| 2017 | 20.2% | +3.4% |
| 2018 | 18.1% | -10.3% |
| 2019 | 19.3% | +6.6% |
| 2020 | 23.6% | +22.2% |
| 2021 | 21.2% | -10.4% |
| 2022 | 20.6% | -2.7% |
| 2023 | 20.4% | -1.1% |
| 2024 | 18.8% | -7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.9% | 22.9% | 28.4% | 3 |
| 1980s | 36.8% | 21.3% | 46.9% | 10 |
| 1990s | 23.9% | 19.5% | 30.8% | 10 |
| 2000s | 11.3% | 8.2% | 13.2% | 10 |
| 2010s | 17.1% | 13.4% | 20.2% | 10 |
| 2020s | 20.9% | 18.8% | 23.6% | 5 |
Countries ranked near Lower middle income
More economy & growth data for Lower middle income
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0111 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 80.81 billion BoP, current US$ (2025)
- Final consumption expenditure (current US$), annual growth rate 6.07 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1,785 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.7194 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -30.1 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6.82 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 1,817 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.7321 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 0.1201 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is short-term debt in Lower middle income?
- Short-term debt in Lower middle income was 18.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Lower middle income?
- The highest recorded value was 46.9% in 1986.
- What is the lowest short-term debt recorded in Lower middle income?
- The lowest recorded value was 8.2% in 2005.
- How does Lower middle income rank for short-term debt?
- Lower middle income ranks 21st out of 32 groups with data for 2024.
- Is short-term debt rising or falling in Lower middle income?
- Over the last ten years it is up 19.4%. The long-run trend across the full record is falling.
- Where does this Lower middle 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.
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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.