Short-term debt in Peru
Peru: Short-term debt was 11.7% in 2024. ◆ Volatile
Short-term debt in Peru, 1977–2024
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 Peru is 11.7%, measured in 2024.
Compared with earlier readings it is down 28.4% on the previous year and down 22.8% over ten years.
Over the whole period, short-term debt in Peru peaked at 140.0% in 1995 and was at its lowest, 11.1%, in 2006.
Peru ranks 63rd of 119 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Peru, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1977 | 98.0% | — |
| 1978 | 86.9% | -11.3% |
| 1979 | 38.0% | -56.3% |
| 1980 | 43.1% | +13.5% |
| 1981 | 35.9% | -16.8% |
| 1982 | 54.4% | +51.5% |
| 1983 | 42.1% | -22.7% |
| 1984 | 45.0% | +7.0% |
| 1985 | 49.4% | +9.8% |
| 1986 | 81.6% | +65.2% |
| 1987 | 99.7% | +22.1% |
| 1988 | 127.8% | +28.2% |
| 1989 | 105.4% | -17.5% |
| 1990 | 124.5% | +18.1% |
| 1991 | 97.7% | -21.5% |
| 1992 | 84.2% | -13.8% |
| 1993 | 134.8% | +60.1% |
| 1994 | 119.0% | -11.7% |
| 1995 | 140.0% | +17.7% |
| 1996 | 83.3% | -40.5% |
| 1997 | 73.8% | -11.3% |
| 1998 | 78.2% | +5.9% |
| 1999 | 56.4% | -27.9% |
| 2000 | 43.9% | -22.1% |
| 2001 | 34.1% | -22.3% |
| 2002 | 27.9% | -18.2% |
| 2003 | 23.1% | -17.3% |
| 2004 | 18.6% | -19.5% |
| 2005 | 16.1% | -13.6% |
| 2006 | 11.1% | -31.0% |
| 2007 | 16.4% | +48.0% |
| 2008 | 15.0% | -8.6% |
| 2009 | 15.0% | +0.3% |
| 2010 | 15.9% | +5.6% |
| 2011 | 12.4% | -22.0% |
| 2012 | 16.8% | +35.8% |
| 2013 | 13.0% | -22.6% |
| 2014 | 15.1% | +15.9% |
| 2015 | 17.2% | +13.6% |
| 2016 | 17.6% | +2.6% |
| 2017 | 16.4% | -7.1% |
| 2018 | 17.3% | +5.9% |
| 2019 | 14.9% | -13.9% |
| 2020 | 21.8% | +46.3% |
| 2021 | 15.3% | -29.9% |
| 2022 | 14.2% | -6.9% |
| 2023 | 16.3% | +14.6% |
| 2024 | 11.7% | -28.4% |
Peru compared with similar countries
- Peru's 11.7% is below the median for upper middle income countries, which is 17.7%, 66% of the median. (51 countries reporting)
- Peru's 11.7% is below the median for Latin America & Caribbean, which is 14.1%, 83% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 74.3% | 38.0% | 98.0% | 3 |
| 1980s | 68.4% | 35.9% | 127.8% | 10 |
| 1990s | 99.2% | 56.4% | 140.0% | 10 |
| 2000s | 22.1% | 11.1% | 43.9% | 10 |
| 2010s | 15.7% | 12.4% | 17.6% | 10 |
| 2020s | 15.9% | 11.7% | 21.8% | 5 |
Countries ranked near Peru
More economy & growth data for Peru
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.35 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.42 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0042 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 41.13 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 10.35 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 54.43 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0309 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 299.42 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 14.07 % change on previous year (2025)
Frequently asked questions
- What is short-term debt in Peru?
- Short-term debt in Peru was 11.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Peru?
- The highest recorded value was 140.0% in 1995.
- What is the lowest short-term debt recorded in Peru?
- The lowest recorded value was 11.1% in 2006.
- How does Peru rank for short-term debt?
- Peru ranks 63rd out of 119 countries with data for 2024.
- Is short-term debt rising or falling in Peru?
- Over the last ten years it is down 22.8%. The long-run trend across the full record is volatile.
- Where does this Peru 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.