Short-term debt in Pacific island small states
Pacific island small states: Short-term debt was 33.4% in 2024. ▲ Rising
Short-term debt in Pacific island small states, 1976–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
The most recent figure for short-term debt in Pacific island small states is 33.4%, measured in 2024. That is the highest value across all 49 years on record.
The figure is up 30.7% on the previous year and up 29.4% over ten years.
Over the whole period, short-term debt in Pacific island small states peaked at 33.4% in 2024 and was at its lowest, 0.0%, in 1976.
Pacific island small states ranks 18th of 32 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 49 years of available data.
Short-term debt in Pacific island small states, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1976 | 0.0% | — |
| 1977 | 17.7% | +70601.5% |
| 1978 | 7.2% | -59.1% |
| 1979 | 13.5% | +86.8% |
| 1980 | 18.6% | +37.2% |
| 1981 | 25.8% | +39.1% |
| 1982 | 15.0% | -41.7% |
| 1983 | 20.5% | +36.1% |
| 1984 | 18.9% | -7.9% |
| 1985 | 17.2% | -8.9% |
| 1986 | 12.3% | -28.5% |
| 1987 | 12.2% | -1.1% |
| 1988 | 11.5% | -5.8% |
| 1989 | 7.0% | -39.1% |
| 1990 | 11.4% | +63.4% |
| 1991 | 10.6% | -7.1% |
| 1992 | 7.2% | -32.0% |
| 1993 | 13.4% | +85.5% |
| 1994 | 5.7% | -57.1% |
| 1995 | 6.2% | +8.7% |
| 1996 | 4.4% | -29.1% |
| 1997 | 7.7% | +73.8% |
| 1998 | 7.2% | -6.9% |
| 1999 | 5.6% | -21.7% |
| 2000 | 5.7% | +2.5% |
| 2001 | 9.8% | +70.3% |
| 2002 | 19.8% | +102.8% |
| 2003 | 20.4% | +2.9% |
| 2004 | 15.4% | -24.3% |
| 2005 | 21.1% | +36.4% |
| 2006 | 6.6% | -68.6% |
| 2007 | 5.3% | -20.3% |
| 2008 | 8.0% | +52.5% |
| 2009 | 7.9% | -1.5% |
| 2010 | 9.3% | +16.9% |
| 2011 | 15.0% | +61.5% |
| 2012 | 16.5% | +10.3% |
| 2013 | 15.7% | -4.8% |
| 2014 | 25.9% | +64.5% |
| 2015 | 26.0% | +0.5% |
| 2016 | 20.7% | -20.2% |
| 2017 | 22.5% | +8.4% |
| 2018 | 20.3% | -9.5% |
| 2019 | 18.9% | -6.9% |
| 2020 | 14.5% | -23.2% |
| 2021 | 14.4% | -1.0% |
| 2022 | 18.9% | +31.4% |
| 2023 | 25.6% | +35.6% |
| 2024 | 33.4% | +30.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.6% | 0.0% | 17.7% | 4 |
| 1980s | 15.9% | 7.0% | 25.8% | 10 |
| 1990s | 7.9% | 4.4% | 13.4% | 10 |
| 2000s | 12.0% | 5.3% | 21.1% | 10 |
| 2010s | 19.1% | 9.3% | 26.0% | 10 |
| 2020s | 21.4% | 14.4% | 33.4% | 5 |
Countries ranked near Pacific island small states
More economy & growth data for Pacific island small states
- Gross domestic savings (current US$), per unit of GDP 0.0097 current US$ per US$ of GDP (2024)
- GNI per capita, Atlas method 4,738 current US$ (2025)
- GNI (current US$), per capita 4,800 current US$ per person (2025)
- GNI (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- GNI (current US$), annual growth rate 5.95 % change on previous year (2025)
- GNI, Atlas method (current US$), per capita 4,738 current US$ per person (2025)
- GNI, Atlas method (current US$), per unit of GDP 1 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), annual growth rate 8.62 % change on previous year (2025)
- Gross domestic savings (current US$), per capita 43.82 current US$ per person (2024)
- GDP (current US$), annual growth rate 5.49 % change on previous year (2025)
Frequently asked questions
- What is short-term debt in Pacific island small states?
- Short-term debt in Pacific island small states was 33.4% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Pacific island small states?
- The highest recorded value was 33.4% in 2024.
- What is the lowest short-term debt recorded in Pacific island small states?
- The lowest recorded value was 0.0% in 1976.
- How does Pacific island small states rank for short-term debt?
- Pacific island small states ranks 18th out of 32 groups with data for 2024.
- Is short-term debt rising or falling in Pacific island small states?
- Over the last ten years it is up 29.4%. The long-run trend across the full record is rising.
- Where does this Pacific island small states 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.