Short-term debt in Africa Eastern and Southern
Africa Eastern and Southern: Short-term debt was 60.6% in 2024. ▼ Falling
Short-term debt in Africa Eastern and Southern, 1988–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
The most recent figure for short-term debt in Africa Eastern and Southern is 60.6%, measured in 2024.
That represents a change of up 3.4% on the previous year and up 3.6% over ten years.
Over the whole period, short-term debt in Africa Eastern and Southern peaked at 175.5% in 1996 and was at its lowest, 45.0%, in 2011.
That places Africa Eastern and Southern 2nd out of 32 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 37 years of available data.
Short-term debt in Africa Eastern and Southern, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1988 | 136.2% | — |
| 1989 | 149.4% | +9.7% |
| 1990 | 147.9% | -1.0% |
| 1991 | 144.1% | -2.6% |
| 1992 | 138.7% | -3.7% |
| 1993 | 148.6% | +7.1% |
| 1994 | 162.3% | +9.2% |
| 1995 | 166.2% | +2.4% |
| 1996 | 175.5% | +5.6% |
| 1997 | 139.4% | -20.6% |
| 1998 | 153.6% | +10.2% |
| 1999 | 122.4% | -20.3% |
| 2000 | 102.0% | -16.7% |
| 2001 | 96.9% | -5.0% |
| 2002 | 78.8% | -18.7% |
| 2003 | 87.0% | +10.5% |
| 2004 | 71.9% | -17.4% |
| 2005 | 69.5% | -3.2% |
| 2006 | 66.4% | -4.5% |
| 2007 | 60.2% | -9.4% |
| 2008 | 59.7% | -0.7% |
| 2009 | 53.0% | -11.3% |
| 2010 | 53.5% | +0.9% |
| 2011 | 45.0% | -15.9% |
| 2012 | 51.8% | +15.1% |
| 2013 | 54.2% | +4.7% |
| 2014 | 58.5% | +7.9% |
| 2015 | 57.9% | -0.9% |
| 2016 | 57.0% | -1.7% |
| 2017 | 60.7% | +6.6% |
| 2018 | 62.0% | +2.2% |
| 2019 | 57.3% | -7.6% |
| 2020 | 56.2% | -1.8% |
| 2021 | 52.3% | -7.0% |
| 2022 | 60.0% | +14.8% |
| 2023 | 58.6% | -2.3% |
| 2024 | 60.6% | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 142.8% | 136.2% | 149.4% | 2 |
| 1990s | 149.9% | 122.4% | 175.5% | 10 |
| 2000s | 74.5% | 53.0% | 102.0% | 10 |
| 2010s | 55.8% | 45.0% | 62.0% | 10 |
| 2020s | 57.6% | 52.3% | 60.6% | 5 |
Countries ranked near Africa Eastern and Southern
More economy & growth data for Africa Eastern and Southern
- Households and NPISHs Final consumption expenditure (current US$) 6.75 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 255.93 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 3.39 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1313 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 226.14 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 1,159 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5957 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.06 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1486 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6726 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is short-term debt in Africa Eastern and Southern?
- Short-term debt in Africa Eastern and Southern was 60.6% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Africa Eastern and Southern?
- The highest recorded value was 175.5% in 1996.
- What is the lowest short-term debt recorded in Africa Eastern and Southern?
- The lowest recorded value was 45.0% in 2011.
- How does Africa Eastern and Southern rank for short-term debt?
- Africa Eastern and Southern ranks 2nd out of 32 groups with data for 2024.
- Is short-term debt rising or falling in Africa Eastern and Southern?
- Over the last ten years it is up 3.6%. The long-run trend across the full record is falling.
- Where does this Africa Eastern and Southern data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.