Short-term debt in El Salvador
El Salvador: Short-term debt was 71.5% in 2024. ▲ Rising
Short-term debt in El Salvador, 1977–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
In 2024, short-term debt in El Salvador stood at 71.5%.
That represents a change of down 24.4% on the previous year and down 4.6% over ten years.
Over the whole period, short-term debt in El Salvador peaked at 110.7% in 2001 and was at its lowest, 15.5%, in 1993.
El Salvador ranks 19th of 112 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 48 years of available data.
Short-term debt in El Salvador, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1977 | 73.5% | — |
| 1978 | 86.3% | +17.4% |
| 1979 | 69.0% | -20.0% |
| 1980 | 57.6% | -16.5% |
| 1981 | 76.6% | +32.8% |
| 1982 | 59.9% | -21.8% |
| 1983 | 27.8% | -53.5% |
| 1984 | 36.1% | +29.7% |
| 1985 | 25.3% | -30.0% |
| 1986 | 36.1% | +42.9% |
| 1987 | 52.0% | +44.1% |
| 1988 | 69.0% | +32.5% |
| 1989 | 46.4% | -32.7% |
| 1990 | 35.8% | -22.9% |
| 1991 | 23.6% | -34.1% |
| 1992 | 18.4% | -22.0% |
| 1993 | 15.5% | -15.5% |
| 1994 | 23.0% | +48.0% |
| 1995 | 56.2% | +144.3% |
| 1996 | 54.0% | -3.9% |
| 1997 | 56.1% | +3.9% |
| 1998 | 48.6% | -13.4% |
| 1999 | 53.8% | +10.8% |
| 2000 | 86.5% | +60.7% |
| 2001 | 110.7% | +27.9% |
| 2002 | 71.3% | -35.6% |
| 2003 | 81.6% | +14.5% |
| 2004 | 91.9% | +12.7% |
| 2005 | 100.2% | +9.0% |
| 2006 | 65.4% | -34.8% |
| 2007 | 56.1% | -14.2% |
| 2008 | 58.3% | +4.0% |
| 2009 | 27.7% | -52.6% |
| 2010 | 29.0% | +4.9% |
| 2011 | 49.0% | +69.1% |
| 2012 | 48.1% | -2.0% |
| 2013 | 67.5% | +40.5% |
| 2014 | 74.9% | +11.0% |
| 2015 | 72.4% | -3.4% |
| 2016 | 78.2% | +8.0% |
| 2017 | 57.3% | -26.8% |
| 2018 | 58.0% | +1.3% |
| 2019 | 50.2% | -13.4% |
| 2020 | 60.7% | +20.9% |
| 2021 | 65.9% | +8.6% |
| 2022 | 87.9% | +33.4% |
| 2023 | 94.6% | +7.6% |
| 2024 | 71.5% | -24.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 76.3% | 69.0% | 86.3% | 3 |
| 1980s | 48.7% | 25.3% | 76.6% | 10 |
| 1990s | 38.5% | 15.5% | 56.2% | 10 |
| 2000s | 75.0% | 27.7% | 110.7% | 10 |
| 2010s | 58.5% | 29.0% | 78.2% | 10 |
| 2020s | 76.1% | 60.7% | 94.6% | 5 |
Countries ranked near El Salvador
More economy & growth data for El Salvador
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.92 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 4,425 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 8.48 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.24 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 7,154 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 8.48 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 1.24 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 7,154 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 7.7 % change on previous year (2025)
Frequently asked questions
- What is short-term debt in El Salvador?
- Short-term debt in El Salvador was 71.5% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in El Salvador?
- The highest recorded value was 110.7% in 2001.
- What is the lowest short-term debt recorded in El Salvador?
- The lowest recorded value was 15.5% in 1993.
- How does El Salvador rank for short-term debt?
- El Salvador ranks 19th out of 112 countries with data for 2024.
- Is short-term debt rising or falling in El Salvador?
- Over the last ten years it is down 4.6%. The long-run trend across the full record is rising.
- Where does this El Salvador 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.