Short-term debt in Middle income
Middle income: Short-term debt was 24.3% in 2024. ▼ Falling
Short-term debt in Middle income, 1980–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Middle income recorded 24.3% for short-term debt in 2024.
Compared with earlier readings it is down 5.1% on the previous year and down 24.2% over ten years.
Over the whole period, short-term debt in Middle income peaked at 46.8% in 1982 and was at its lowest, 13.0%, in 2008.
That places Middle income 8th out of 32 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 45 years of available data.
Short-term debt in Middle income, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1980 | 37.9% | — |
| 1981 | 42.0% | +10.8% |
| 1982 | 46.8% | +11.4% |
| 1983 | 37.3% | -20.2% |
| 1984 | 34.4% | -7.8% |
| 1985 | 35.4% | +2.8% |
| 1986 | 37.0% | +4.5% |
| 1987 | 32.7% | -11.5% |
| 1988 | 30.3% | -7.4% |
| 1989 | 31.5% | +4.0% |
| 1990 | 34.1% | +8.2% |
| 1991 | 37.1% | +8.7% |
| 1992 | 38.6% | +4.0% |
| 1993 | 42.0% | +8.9% |
| 1994 | 34.2% | -18.5% |
| 1995 | 34.9% | +2.1% |
| 1996 | 33.1% | -5.1% |
| 1997 | 32.9% | -0.6% |
| 1998 | 27.9% | -15.3% |
| 1999 | 25.0% | -10.2% |
| 2000 | 19.7% | -21.5% |
| 2001 | 21.8% | +10.8% |
| 2002 | 21.5% | -1.1% |
| 2003 | 19.8% | -7.9% |
| 2004 | 18.4% | -7.1% |
| 2005 | 16.9% | -8.1% |
| 2006 | 16.1% | -5.1% |
| 2007 | 15.8% | -2.0% |
| 2008 | 13.0% | -17.6% |
| 2009 | 17.7% | +36.4% |
| 2010 | 23.2% | +31.1% |
| 2011 | 24.5% | +5.6% |
| 2012 | 25.5% | +4.0% |
| 2013 | 30.2% | +18.3% |
| 2014 | 32.1% | +6.2% |
| 2015 | 26.3% | -18.0% |
| 2016 | 26.3% | +0.2% |
| 2017 | 28.3% | +7.6% |
| 2018 | 29.2% | +2.8% |
| 2019 | 29.2% | +0.1% |
| 2020 | 31.9% | +9.2% |
| 2021 | 27.2% | -14.7% |
| 2022 | 24.4% | -10.4% |
| 2023 | 25.6% | +5.0% |
| 2024 | 24.3% | -5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 36.5% | 30.3% | 46.8% | 10 |
| 1990s | 34.0% | 25.0% | 42.0% | 10 |
| 2000s | 18.1% | 13.0% | 21.8% | 10 |
| 2010s | 27.5% | 23.2% | 32.1% | 10 |
| 2020s | 26.7% | 24.3% | 31.9% | 5 |
Countries ranked near Middle income
More economy & growth data for Middle income
- Foreign direct investment, net outflows (BoP, current US$), gaps 267.98 billion BoP, current US$ (2025)
- Gross capital formation (current US$), per unit of GDP 0.3336 current US$ per US$ of GDP (2024)
- GDP 40.84 trillion current US$ (2025)
- Inflation, GDP deflator 3.7% (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 2.72 % change on previous year (2025)
- Gross capital formation (current US$), per capita 2,171 current US$ per person (2024)
- Gross fixed capital formation (current US$), per capita 2,090 current US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 2.26 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.3212 current US$ per US$ of GDP (2024)
- GDP 38.38 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is short-term debt in Middle income?
- Short-term debt in Middle income was 24.3% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Middle income?
- The highest recorded value was 46.8% in 1982.
- What is the lowest short-term debt recorded in Middle income?
- The lowest recorded value was 13.0% in 2008.
- How does Middle income rank for short-term debt?
- Middle income ranks 8th out of 32 groups with data for 2024.
- Is short-term debt rising or falling in Middle income?
- Over the last ten years it is down 24.2%. The long-run trend across the full record is falling.
- Where does this 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.