Short-term debt in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Short-term debt was 29.5% in 2024. ◆ Volatile
Short-term debt in Latin America & Caribbean (excluding high income), 1970–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
In 2024, short-term debt in Latin America & Caribbean (excluding high income) stood at 29.5%.
The figure is down 3.6% on the previous year and up 8.3% over ten years.
Over the whole period, short-term debt in Latin America & Caribbean (excluding high income) peaked at 216.1% in 1981 and was at its lowest, 21.2%, in 2009.
That places Latin America & Caribbean (excluding high income) 23rd out of 32 groups with data for 2024, putting it 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 Latin America & Caribbean (excluding high income), year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1970 | 105.5% | — |
| 1971 | 101.6% | -3.7% |
| 1972 | 66.3% | -34.8% |
| 1973 | 50.4% | -23.9% |
| 1978 | 83.9% | +66.4% |
| 1979 | 85.4% | +1.7% |
| 1980 | 142.5% | +66.9% |
| 1981 | 216.1% | +51.7% |
| 1984 | 121.1% | -43.9% |
| 1985 | 99.0% | -18.3% |
| 1986 | 94.7% | -4.4% |
| 1987 | 97.8% | +3.3% |
| 1988 | 125.3% | +28.1% |
| 1989 | 167.3% | +33.5% |
| 1990 | 172.8% | +3.3% |
| 1991 | 148.8% | -13.9% |
| 1992 | 109.8% | -26.2% |
| 1993 | 103.7% | -5.6% |
| 1994 | 118.4% | +14.2% |
| 1995 | 102.5% | -13.4% |
| 1996 | 84.2% | -17.9% |
| 1997 | 85.7% | +1.7% |
| 1998 | 83.2% | -2.9% |
| 1999 | 80.8% | -2.8% |
| 2000 | 76.1% | -5.8% |
| 2001 | 61.6% | -19.0% |
| 2002 | 59.8% | -3.0% |
| 2003 | 56.5% | -5.4% |
| 2004 | 51.6% | -8.8% |
| 2005 | 49.6% | -3.8% |
| 2006 | 38.2% | -23.1% |
| 2007 | 28.5% | -25.3% |
| 2008 | 24.5% | -14.2% |
| 2009 | 21.2% | -13.2% |
| 2010 | 26.0% | +22.7% |
| 2011 | 22.0% | -15.3% |
| 2012 | 22.5% | +2.1% |
| 2013 | 26.3% | +16.8% |
| 2014 | 27.3% | +3.8% |
| 2015 | 29.1% | +6.8% |
| 2016 | 24.0% | -17.6% |
| 2017 | 24.1% | +0.4% |
| 2018 | 29.5% | +22.3% |
| 2019 | 31.4% | +6.5% |
| 2020 | 24.5% | -22.1% |
| 2021 | 25.5% | +4.1% |
| 2022 | 27.9% | +9.6% |
| 2023 | 30.6% | +9.8% |
| 2024 | 29.5% | -3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 82.2% | 50.4% | 105.5% | 6 |
| 1980s | 133.0% | 94.7% | 216.1% | 8 |
| 1990s | 109.0% | 80.8% | 172.8% | 10 |
| 2000s | 46.8% | 21.2% | 76.1% | 10 |
| 2010s | 26.2% | 22.0% | 31.4% | 10 |
| 2020s | 27.6% | 24.5% | 30.6% | 5 |
Countries ranked near Latin America & Caribbean (excluding high income)
More economy & growth data for Latin America & Caribbean (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 7,260 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.11 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.138 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,436 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6975 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.06 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,076 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 1,706 current US$ per person (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is short-term debt in Latin America & Caribbean (excluding high income)?
- Short-term debt in Latin America & Caribbean (excluding high income) was 29.5% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 216.1% in 1981.
- What is the lowest short-term debt recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 21.2% in 2009.
- How does Latin America & Caribbean (excluding high income) rank for short-term debt?
- Latin America & Caribbean (excluding high income) ranks 23rd out of 32 groups with data for 2024.
- Is short-term debt rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 8.3%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (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
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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.