Short-term debt in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Short-term debt was 31.7% in 2022. ◆ Volatile
Short-term debt in Europe & Central Asia (IDA & IBRD countries), 1970–2022
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
In 2022, short-term debt in Europe & Central Asia (IDA & IBRD countries) stood at 31.7%.
Compared with earlier readings it is up 12.4% on the previous year and down 11.1% over ten years.
Over the whole period, short-term debt in Europe & Central Asia (IDA & IBRD countries) peaked at 178.3% in 1970 and was at its lowest, 27.7%, in 2020.
Europe & Central Asia (IDA & IBRD countries) ranks 20th of 32 groups 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 Europe & Central Asia (IDA & IBRD countries), 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% |
| 1993 | 142.0% | +139.1% |
| 1995 | 70.5% | -50.3% |
| 2002 | 53.0% | -24.8% |
| 2003 | 54.1% | +2.0% |
| 2004 | 43.0% | -20.5% |
| 2005 | 36.3% | -15.5% |
| 2006 | 30.6% | -15.7% |
| 2007 | 32.9% | +7.4% |
| 2008 | 32.8% | -0.2% |
| 2009 | 28.1% | -14.5% |
| 2010 | 33.1% | +18.0% |
| 2011 | 34.3% | +3.6% |
| 2012 | 35.6% | +3.7% |
| 2013 | 39.6% | +11.1% |
| 2014 | 42.6% | +7.6% |
| 2015 | 34.8% | -18.1% |
| 2016 | 32.2% | -7.5% |
| 2017 | 32.8% | +1.7% |
| 2018 | 29.3% | -10.7% |
| 2019 | 28.0% | -4.3% |
| 2020 | 27.7% | -1.1% |
| 2021 | 28.2% | +1.6% |
| 2022 | 31.7% | +12.4% |
Biggest year-on-year movements
Years where Short-term debt in Europe & Central Asia (IDA & IBRD countries) 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 |
|---|---|---|---|
| 1993 | +139.1% | 59.4% | 142.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 95.2% | 50.3% | 178.3% | 5 |
| 1990s | 106.3% | 70.5% | 142.0% | 2 |
| 2000s | 38.9% | 28.1% | 54.1% | 8 |
| 2010s | 34.2% | 28.0% | 42.6% | 10 |
| 2020s | 29.2% | 27.7% | 31.7% | 3 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
- 17 Jordan 81.6% compare
- 18 South Africa 71.6% compare
- 19 El Salvador 71.5% compare
- 20 Egypt 69.0% compare
- 21 Zambia 68.3% compare
- 22 Fiji 65.8% compare
- 23 North Macedonia 60.5% compare
More economy & growth data for Europe & Central Asia (IDA & IBRD countries)
- General government final consumption expenditure (constant 2015 US$) 1.86 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 5.09 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 8,599 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.562 current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 17.66 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 1,688 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1103 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 57.17 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0105 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is short-term debt in Europe & Central Asia (IDA & IBRD countries)?
- Short-term debt in Europe & Central Asia (IDA & IBRD countries) was 31.7% in 2022, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Europe & Central Asia (IDA & IBRD countries)?
- The highest recorded value was 178.3% in 1970.
- What is the lowest short-term debt recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 27.7% in 2020.
- How does Europe & Central Asia (IDA & IBRD countries) rank for short-term debt?
- Europe & Central Asia (IDA & IBRD countries) ranks 20th out of 32 groups with data for 2022.
- Is short-term debt rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is down 11.1%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (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
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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.