Short-term debt in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Short-term debt was 37.0% in 2024. ▼ Falling
Short-term debt in East Asia & Pacific (IDA & IBRD countries), 1973–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
The most recent figure for short-term debt in East Asia & Pacific (IDA & IBRD countries) is 37.0%, measured in 2024.
That represents a change of up 2.4% on the previous year and up 15.5% over ten years.
Over the whole period, short-term debt in East Asia & Pacific (IDA & IBRD countries) peaked at 90.0% in 1985 and was at its lowest, 10.9%, in 2008.
That places East Asia & Pacific (IDA & IBRD countries) 9th 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 47 years of available data.
Short-term debt in East Asia & Pacific (IDA & IBRD countries), year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1973 | 51.2% | — |
| 1974 | 39.7% | -22.3% |
| 1975 | 65.1% | +63.9% |
| 1976 | 61.7% | -5.3% |
| 1982 | 75.9% | +23.1% |
| 1983 | 74.0% | -2.4% |
| 1984 | 77.3% | +4.4% |
| 1985 | 90.0% | +16.6% |
| 1986 | 72.1% | -19.9% |
| 1987 | 55.9% | -22.5% |
| 1988 | 60.7% | +8.5% |
| 1989 | 57.7% | -4.9% |
| 1990 | 55.3% | -4.2% |
| 1991 | 52.1% | -5.8% |
| 1992 | 82.2% | +57.9% |
| 1993 | 85.2% | +3.6% |
| 1994 | 65.8% | -22.7% |
| 1995 | 70.9% | +7.7% |
| 1996 | 63.4% | -10.6% |
| 1997 | 57.5% | -9.3% |
| 1998 | 34.4% | -40.2% |
| 1999 | 27.3% | -20.5% |
| 2000 | 22.3% | -18.6% |
| 2001 | 32.0% | +43.7% |
| 2002 | 26.1% | -18.4% |
| 2003 | 24.3% | -6.8% |
| 2004 | 21.4% | -12.2% |
| 2005 | 19.5% | -8.8% |
| 2006 | 17.2% | -11.7% |
| 2007 | 14.4% | -16.1% |
| 2008 | 10.9% | -24.1% |
| 2009 | 11.3% | +3.2% |
| 2010 | 18.8% | +66.6% |
| 2011 | 24.2% | +28.5% |
| 2012 | 24.3% | +0.5% |
| 2013 | 28.5% | +17.2% |
| 2014 | 32.0% | +12.5% |
| 2015 | 24.7% | -22.9% |
| 2016 | 26.2% | +6.0% |
| 2017 | 31.7% | +21.0% |
| 2018 | 37.3% | +17.7% |
| 2019 | 35.7% | -4.1% |
| 2020 | 34.8% | -2.5% |
| 2021 | 37.6% | +8.0% |
| 2022 | 37.3% | -0.9% |
| 2023 | 36.1% | -3.1% |
| 2024 | 37.0% | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 54.4% | 39.7% | 65.1% | 4 |
| 1980s | 70.4% | 55.9% | 90.0% | 8 |
| 1990s | 59.4% | 27.3% | 85.2% | 10 |
| 2000s | 19.9% | 10.9% | 32.0% | 10 |
| 2010s | 28.3% | 18.8% | 37.3% | 10 |
| 2020s | 36.6% | 34.8% | 37.6% | 5 |
Countries ranked near East Asia & Pacific (IDA & IBRD countries)
More economy & growth data for East Asia & Pacific (IDA & IBRD countries)
- Foreign direct investment, net outflows (BoP, current US$), gaps 176.21 billion BoP, current US$ (2025)
- Gross capital formation (current US$), per unit of GDP 0.3857 current US$ per US$ of GDP (2024)
- GDP growth 4.9% (2025)
- GDP 22.73 trillion constant 2015 US$ (2025)
- GDP 23.22 trillion current US$ (2025)
- Inflation, GDP deflator 3.0% (2025)
- Gross fixed capital formation (current US$), per capita 3,958 current US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 0.8097 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.3766 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 4,053 current US$ per person (2024)
Frequently asked questions
- What is short-term debt in East Asia & Pacific (IDA & IBRD countries)?
- Short-term debt in East Asia & Pacific (IDA & IBRD countries) was 37.0% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in East Asia & Pacific (IDA & IBRD countries)?
- The highest recorded value was 90.0% in 1985.
- What is the lowest short-term debt recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 10.9% in 2008.
- How does East Asia & Pacific (IDA & IBRD countries) rank for short-term debt?
- East Asia & Pacific (IDA & IBRD countries) ranks 9th out of 32 groups with data for 2024.
- Is short-term debt rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- Over the last ten years it is up 15.5%. The long-run trend across the full record is falling.
- Where does this East Asia & Pacific (IDA & IBRD countries) 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
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.