Short-term debt in Low income
Low income: Short-term debt was 15.6% in 2024. ◆ Volatile
Short-term debt in Low income, 1970–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
The most recent figure for short-term debt in Low income is 15.6%, measured in 2024. That is the lowest value across all 32 years on record.
That represents a change of down 5.1% on the previous year and down 44.6% over ten years.
Over the whole period, short-term debt in Low income peaked at 586.8% in 1993 and was at its lowest, 15.6%, in 2024.
That places Low income 32nd out of 32 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Low income, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1970 | 23.1% | — |
| 1991 | 422.9% | +1728.9% |
| 1992 | 555.1% | +31.3% |
| 1993 | 586.8% | +5.7% |
| 1994 | 481.6% | -17.9% |
| 1995 | 357.8% | -25.7% |
| 1996 | 293.1% | -18.1% |
| 1997 | 263.7% | -10.1% |
| 1998 | 298.7% | +13.3% |
| 1999 | 252.1% | -15.6% |
| 2000 | 186.9% | -25.9% |
| 2001 | 154.0% | -17.6% |
| 2002 | 99.2% | -35.5% |
| 2003 | 93.9% | -5.4% |
| 2004 | 80.4% | -14.3% |
| 2008 | 29.8% | -62.9% |
| 2009 | 25.1% | -15.8% |
| 2010 | 22.2% | -11.8% |
| 2011 | 28.9% | +30.5% |
| 2012 | 26.4% | -8.8% |
| 2013 | 29.9% | +13.4% |
| 2014 | 28.1% | -6.1% |
| 2015 | 36.6% | +30.2% |
| 2016 | 42.0% | +14.9% |
| 2017 | 38.9% | -7.5% |
| 2018 | 18.1% | -53.3% |
| 2019 | 21.2% | +17.0% |
| 2020 | 21.8% | +2.9% |
| 2021 | 29.2% | +34.0% |
| 2022 | 26.6% | -9.1% |
| 2023 | 16.4% | -38.3% |
| 2024 | 15.6% | -5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.1% | 23.1% | 23.1% | 1 |
| 1990s | 390.2% | 252.1% | 586.8% | 9 |
| 2000s | 95.6% | 25.1% | 186.9% | 7 |
| 2010s | 29.2% | 18.1% | 42.0% | 10 |
| 2020s | 21.9% | 15.6% | 29.2% | 5 |
Countries ranked near Low income
- 29 Pakistan 52.2% compare
- 30 Lao People's Democratic Republic 49.6% compare
- 31 Cape Verde 49.6% compare
- 32 Viet Nam 44.6% compare
- 33 Kazakhstan 42.8% compare
- 34 Mongolia 42.6% compare
- 35 Jamaica 42.6% compare
More economy & growth data for Low income
- GDP (constant 2015 US$), per unit of GDP 0.8595 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services 217.97 billion current US$ (2025)
- Imports of goods and services 205.92 billion constant 2015 US$ (2025)
- Imports of goods and services 5.7% (2025)
- Imports of goods and services 33.9% (2025)
- External balance on goods and services -10.3% (2025)
- Trade 47.6% (2025)
- Gross domestic savings (current US$), annual growth rate 29.89 % change on previous year (2025)
- Manufacturing, value added 59.60 billion constant 2015 US$ (2025)
- GDP (constant 2015 US$), per capita 719.74 constant 2015 US$ per person (2025)
Frequently asked questions
- What is short-term debt in Low income?
- Short-term debt in Low income was 15.6% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Low income?
- The highest recorded value was 586.8% in 1993.
- What is the lowest short-term debt recorded in Low income?
- The lowest recorded value was 15.6% in 2024.
- How does Low income rank for short-term debt?
- Low income ranks 32nd out of 32 groups with data for 2024.
- Is short-term debt rising or falling in Low income?
- Over the last ten years it is down 44.6%. The long-run trend across the full record is volatile.
- Where does this Low 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 — 32 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.