Short-term debt in South Asia (IDA & IBRD)
South Asia (IDA & IBRD): Short-term debt was 23.1% in 2024. ◆ Volatile
Latest (2024)
23.1%
Change on year
up 3.4%
Rank
29th
of 32 groups
All-time high
126.8%
in 1990
All-time low
6.2%
in 2004
Years of data
55
1970–2024
Short-term debt in South Asia (IDA & IBRD), 1970–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
In 2024, short-term debt in South Asia (IDA & IBRD) stood at 23.1%.
That represents a change of up 3.4% on the previous year and down 13.9% over ten years.
Over the whole period, short-term debt in South Asia (IDA & IBRD) peaked at 126.8% in 1990 and was at its lowest, 6.2%, in 2004.
That places South Asia (IDA & IBRD) 29th 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 South Asia (IDA & IBRD), year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1970 | 30.1% | — |
| 1971 | 28.1% | -6.7% |
| 1972 | 23.5% | -16.3% |
| 1973 | 23.3% | -0.8% |
| 1974 | 19.9% | -14.6% |
| 1975 | 24.1% | +21.0% |
| 1976 | 14.2% | -41.0% |
| 1977 | 9.3% | -34.8% |
| 1978 | 9.3% | +0.0% |
| 1979 | 7.4% | -20.1% |
| 1980 | 13.3% | +79.2% |
| 1981 | 23.1% | +74.2% |
| 1982 | 32.3% | +39.9% |
| 1983 | 42.0% | +30.1% |
| 1984 | 42.2% | +0.4% |
| 1985 | 45.4% | +7.4% |
| 1986 | 46.0% | +1.3% |
| 1987 | 46.4% | +1.0% |
| 1988 | 64.4% | +38.8% |
| 1989 | 86.7% | +34.6% |
| 1990 | 126.8% | +46.4% |
| 1991 | 75.6% | -40.4% |
| 1992 | 52.5% | -30.5% |
| 1993 | 20.8% | -60.5% |
| 1994 | 16.7% | -19.8% |
| 1995 | 20.6% | +23.7% |
| 1996 | 25.2% | +22.4% |
| 1997 | 17.4% | -31.2% |
| 1998 | 13.8% | -20.4% |
| 1999 | 12.8% | -7.5% |
| 2000 | 10.0% | -21.4% |
| 2001 | 7.4% | -26.2% |
| 2002 | 7.4% | +0.4% |
| 2003 | 7.1% | -5.2% |
| 2004 | 6.2% | -11.6% |
| 2005 | 7.1% | +14.5% |
| 2006 | 14.5% | +103.0% |
| 2007 | 13.5% | -6.7% |
| 2008 | 18.2% | +34.5% |
| 2009 | 17.3% | -4.7% |
| 2010 | 19.2% | +10.7% |
| 2011 | 26.3% | +37.0% |
| 2012 | 31.3% | +19.1% |
| 2013 | 31.3% | +0.1% |
| 2014 | 26.8% | -14.4% |
| 2015 | 24.2% | -9.8% |
| 2016 | 24.3% | +0.4% |
| 2017 | 25.1% | +3.4% |
| 2018 | 27.1% | +8.0% |
| 2019 | 24.4% | -10.0% |
| 2020 | 18.9% | -22.5% |
| 2021 | 20.3% | +7.3% |
| 2022 | 25.4% | +24.8% |
| 2023 | 22.3% | -12.0% |
| 2024 | 23.1% | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.9% | 7.4% | 30.1% | 10 |
| 1980s | 44.2% | 13.3% | 86.7% | 10 |
| 1990s | 38.2% | 12.8% | 126.8% | 10 |
| 2000s | 10.9% | 6.2% | 18.2% | 10 |
| 2010s | 26.0% | 19.2% | 31.3% | 10 |
| 2020s | 22.0% | 18.9% | 25.4% | 5 |
Countries ranked near South Asia (IDA & IBRD)
- 26 Lebanon 57.2% compare
- 27 Tanzania, United Republic of 56.1% compare
- 28 Nigeria 55.0% compare
- 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
More economy & growth data for South Asia (IDA & IBRD)
- Households and NPISHs Final consumption expenditure (current US$) 0.5874 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 1,864 current US$ per person (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.6891 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 5.44 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1,504 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5559 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 7.46 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 1,589 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1017 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 275.19 current US$ per person (2025)
Frequently asked questions
- What is short-term debt in South Asia (IDA & IBRD)?
- Short-term debt in South Asia (IDA & IBRD) was 23.1% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in South Asia (IDA & IBRD)?
- The highest recorded value was 126.8% in 1990.
- What is the lowest short-term debt recorded in South Asia (IDA & IBRD)?
- The lowest recorded value was 6.2% in 2004.
- How does South Asia (IDA & IBRD) rank for short-term debt?
- South Asia (IDA & IBRD) ranks 29th out of 32 groups with data for 2024.
- Is short-term debt rising or falling in South Asia (IDA & IBRD)?
- Over the last ten years it is down 13.9%. The long-run trend across the full record is volatile.
- Where does this South Asia (IDA & IBRD) 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.