Short-term debt in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Short-term debt was 66.3% in 2024. ◆ Volatile
Short-term debt in Europe & Central Asia (excluding high income), 1970–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
Europe & Central Asia (excluding high income) recorded 66.3% for short-term debt in 2024.
The figure is down 10.2% on the previous year and down 20.5% over ten years.
Over the whole period, short-term debt in Europe & Central Asia (excluding high income) peaked at 492.4% in 1977 and was at its lowest, 50.3%, in 1973.
Europe & Central Asia (excluding high income) ranks 1st of 32 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Europe & Central Asia (excluding high income), year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1970 | 178.3% | — |
| 1971 | 120.3% | -32.5% |
| 1972 | 67.9% | -43.5% |
| 1973 | 50.3% | -25.9% |
| 1974 | 59.4% | +18.0% |
| 1975 | 100.0% | +68.4% |
| 1976 | 116.5% | +16.4% |
| 1977 | 492.4% | +322.7% |
| 1978 | 440.8% | -10.5% |
| 1979 | 140.2% | -68.2% |
| 1980 | 75.8% | -45.9% |
| 1981 | 90.7% | +19.6% |
| 1982 | 63.2% | -30.4% |
| 1983 | 83.8% | +32.7% |
| 1984 | 130.4% | +55.6% |
| 1985 | 205.3% | +57.5% |
| 1986 | 218.0% | +6.2% |
| 1987 | 210.0% | -3.7% |
| 1988 | 164.0% | -21.9% |
| 1989 | 91.2% | -44.4% |
| 1990 | 124.6% | +36.6% |
| 1991 | 137.8% | +10.6% |
| 1992 | 159.8% | +16.0% |
| 1993 | 195.2% | +22.1% |
| 1994 | 105.8% | -45.8% |
| 1995 | 85.8% | -18.9% |
| 1996 | 78.7% | -8.3% |
| 1997 | 76.3% | -3.0% |
| 1998 | 89.1% | +16.7% |
| 1999 | 80.0% | -10.2% |
| 2000 | 105.9% | +32.5% |
| 2001 | 92.5% | -12.7% |
| 2002 | 76.9% | -16.9% |
| 2003 | 77.8% | +1.2% |
| 2004 | 86.6% | +11.2% |
| 2005 | 78.5% | -9.3% |
| 2006 | 67.0% | -14.7% |
| 2007 | 62.4% | -6.8% |
| 2008 | 65.7% | +5.2% |
| 2009 | 62.3% | -5.3% |
| 2010 | 79.5% | +27.8% |
| 2011 | 80.8% | +1.5% |
| 2012 | 81.0% | +0.3% |
| 2013 | 82.9% | +2.4% |
| 2014 | 83.4% | +0.6% |
| 2015 | 70.8% | -15.1% |
| 2016 | 64.0% | -9.6% |
| 2017 | 68.8% | +7.6% |
| 2018 | 65.4% | -5.0% |
| 2019 | 61.9% | -5.3% |
| 2020 | 66.8% | +7.8% |
| 2021 | 64.3% | -3.7% |
| 2022 | 70.9% | +10.2% |
| 2023 | 73.8% | +4.0% |
| 2024 | 66.3% | -10.2% |
Biggest year-on-year movements
Years where Short-term debt in Europe & Central Asia (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +322.7% | 116.5% | 492.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 176.6% | 50.3% | 492.4% | 10 |
| 1980s | 133.3% | 63.2% | 218.0% | 10 |
| 1990s | 113.3% | 76.3% | 195.2% | 10 |
| 2000s | 77.6% | 62.3% | 105.9% | 10 |
| 2010s | 73.8% | 61.9% | 83.4% | 10 |
| 2020s | 68.4% | 64.3% | 73.8% | 5 |
Countries ranked near Europe & Central Asia (excluding high income)
More economy & growth data for Europe & Central Asia (excluding high income)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0062 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1.77 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,786 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1606 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$) 15.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 68.56 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 20.44 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 5.18 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0018 BoP, current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.7534 current US$ per US$ of GDP (2025)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is short-term debt in Europe & Central Asia (excluding high income)?
- Short-term debt in Europe & Central Asia (excluding high income) was 66.3% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Europe & Central Asia (excluding high income)?
- The highest recorded value was 492.4% in 1977.
- What is the lowest short-term debt recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 50.3% in 1973.
- How does Europe & Central Asia (excluding high income) rank for short-term debt?
- Europe & Central Asia (excluding high income) ranks 1st out of 32 groups with data for 2024.
- Is short-term debt rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is down 20.5%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (excluding high income) 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 — 55 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.