Short-term debt in Congo, Democratic Republic of the
Congo, Democratic Republic of the: Short-term debt was 11.2% in 2023. ◆ Volatile
Latest (2023)
11.2%
Change on year
down 16.3%
World rank
83rd
of 111 countries
All-time high
4,317.7%
in 1998
All-time low
8.5%
in 2021
Years of data
54
1970–2023
Short-term debt in Congo, Democratic Republic of the, 1970–2023
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
In 2023, short-term debt in Congo, Democratic Republic of the stood at 11.2%.
The figure is down 16.3% on the previous year and down 57.3% over ten years.
Over the whole period, short-term debt in Congo, Democratic Republic of the peaked at 4,317.7% in 1998 and was at its lowest, 8.5%, in 2021.
Congo, Democratic Republic of the ranks 83rd of 111 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 Congo, Democratic Republic of the, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1970 | 18.0% | — |
| 1971 | 26.0% | +44.9% |
| 1972 | 30.3% | +16.5% |
| 1973 | 30.3% | -0.1% |
| 1974 | 73.0% | +141.0% |
| 1975 | 268.4% | +267.6% |
| 1976 | 384.8% | +43.4% |
| 1977 | 220.1% | -42.8% |
| 1978 | 247.2% | +12.3% |
| 1979 | 164.0% | -33.7% |
| 1980 | 85.8% | -47.7% |
| 1981 | 133.5% | +55.6% |
| 1982 | 204.7% | +53.4% |
| 1983 | 104.1% | -49.1% |
| 1984 | 117.7% | +13.1% |
| 1985 | 121.0% | +2.8% |
| 1986 | 92.5% | -23.5% |
| 1987 | 140.0% | +51.3% |
| 1988 | 224.6% | +60.4% |
| 1989 | 229.1% | +2.0% |
| 1990 | 285.3% | +24.5% |
| 1991 | 560.5% | +96.5% |
| 1992 | 937.2% | +67.2% |
| 1993 | 3,717.2% | +296.6% |
| 1994 | 1,938.7% | -47.8% |
| 1995 | 1,979.4% | +2.1% |
| 1996 | 3,780.6% | +91.0% |
| 1997 | 3,356.6% | -11.2% |
| 1998 | 4,317.7% | +28.6% |
| 1999 | 4,086.1% | -5.4% |
| 2000 | 4,156.0% | +1.7% |
| 2001 | 4,300.6% | +3.5% |
| 2002 | 711.8% | -83.4% |
| 2003 | 477.3% | -32.9% |
| 2004 | 196.2% | -58.9% |
| 2005 | 285.1% | +45.3% |
| 2006 | 328.1% | +15.1% |
| 2007 | 341.4% | +4.1% |
| 2008 | 840.9% | +146.3% |
| 2009 | 59.8% | -92.9% |
| 2010 | 33.5% | -44.0% |
| 2011 | 17.7% | -47.2% |
| 2012 | 15.8% | -10.4% |
| 2013 | 26.3% | +66.2% |
| 2014 | 11.7% | -55.4% |
| 2015 | 13.6% | +15.6% |
| 2016 | 30.3% | +123.6% |
| 2017 | 18.1% | -40.3% |
| 2018 | 33.3% | +83.5% |
| 2019 | 28.2% | -15.3% |
| 2020 | 34.6% | +22.8% |
| 2021 | 8.5% | -75.5% |
| 2022 | 13.4% | +58.2% |
| 2023 | 11.2% | -16.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 146.2% | 18.0% | 384.8% | 10 |
| 1980s | 145.3% | 85.8% | 229.1% | 10 |
| 1990s | 2,495.9% | 285.3% | 4,317.7% | 10 |
| 2000s | 1,169.7% | 59.8% | 4,300.6% | 10 |
| 2010s | 22.9% | 11.7% | 33.5% | 10 |
| 2020s | 16.9% | 8.5% | 34.6% | 4 |
Countries ranked near Congo, Democratic Republic of the
More economy & growth data for Congo, Democratic Republic of the
- Services, value added (constant LCU), per capita 65,256 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 7.8 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 20.43 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.961 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 775.29 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 14.21 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 2,572 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 2.08 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.76 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6562 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is short-term debt in Congo, Democratic Republic of the?
- Short-term debt in Congo, Democratic Republic of the was 11.2% in 2023, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Congo, Democratic Republic of the?
- The highest recorded value was 4,317.7% in 1998.
- What is the lowest short-term debt recorded in Congo, Democratic Republic of the?
- The lowest recorded value was 8.5% in 2021.
- How does Congo, Democratic Republic of the rank for short-term debt?
- Congo, Democratic Republic of the ranks 83rd out of 111 countries with data for 2023.
- Is short-term debt rising or falling in Congo, Democratic Republic of the?
- Over the last ten years it is down 57.3%. The long-run trend across the full record is volatile.
- Where does this Congo, Democratic Republic of the 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.
Download this data
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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.