Low & middle income | External debt stocks, short-term (DOD, current US$)

Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars. Development relevance: External indebtedness affects a country's creditworthiness and investor perceptions. Nonreporting countries might have outstanding debt with the World Bank, other international financial institutions, or private creditors. Total debt service is contrasted with countries' ability to obtain foreign exchange through exports of goods, services, primary income, and workers' remittances. Debt ratios are used to assess the sustainability of a country's debt service obligations, but no absolute rules determine what values are too high. Empirical analysis of developing countries' experience and debt service performance shows that debt service difficulties become increasingly likely when the present value of debt reaches 200 percent of exports. Still, what constitutes a sustainable debt burden varies by country. Countries with fast-growing economies and exports are likely to be able to sustain higher debt levels. Statistical concept and methodology: Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements. Debt data are reported in the currency of repayment and compiled and published in U.S. dollars. End-of-period exchange rates are used for the compilation of stock figures (amount of debt outstanding), and projected debt service and annual average exchange rates are used for the flows. Exchange rates are taken from the IMF's International Financial Statistics. Debt repayable in multiple currencies, goods, or services and debt with a provision for maintenance of the value of the currency of repayment are shown at book value.
Publisher
The World Bank
Origin
Low & middle income
Records
63
Source
Low & middle income | External debt stocks, short-term (DOD, current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
7756967231.5 1970
8939431250.9 1971
10430942907.9 1972
12544368032.3 1973
15603861168.2 1974
19120594985.5 1975
23639013145.6 1976
48608776477.9 1977
55796993679.7 1978
64155304504.5 1979
88774941761.7 1980
107163239379.9 1981
125484661980.1 1982
99744359677.9 1983
99805947043.8 1984
108265410533.8 1985
102525944516 1986
110706778550.2 1987
120214747900.7 1988
146817079620.3 1989
175205556292.8 1990
198550535391.3 1991
224470391986.5 1992
252838604141.2 1993
260602429265.1 1994
312085511991.5 1995
332321809175.3 1996
332713117210.6 1997
299810271529.1 1998
283126143911.6 1999
267054479039.6 2000
289179352223.3 2001
291566323619.6 2002
358413561621.8 2003
415156109834 2004
473244892430 2005
555042167368.7 2006
720083203000.3 2007
688418099037.9 2008
734126663918.2 2009
1169235798521.4 2010
1472217094994.2 2011
1598374220903.6 2012
1956978016065.1 2013
2094126613149.1 2014
1594448322420.8 2015
1547729857551.4 2016
1879955281333.3 2017
2096785855868 2018
2131444121853.2 2019
2141916330961 2020
2434736687358.9 2021
2349837592610.7 2022

Low & middle income | External debt stocks, short-term (DOD, current US$)

Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars. Development relevance: External indebtedness affects a country's creditworthiness and investor perceptions. Nonreporting countries might have outstanding debt with the World Bank, other international financial institutions, or private creditors. Total debt service is contrasted with countries' ability to obtain foreign exchange through exports of goods, services, primary income, and workers' remittances. Debt ratios are used to assess the sustainability of a country's debt service obligations, but no absolute rules determine what values are too high. Empirical analysis of developing countries' experience and debt service performance shows that debt service difficulties become increasingly likely when the present value of debt reaches 200 percent of exports. Still, what constitutes a sustainable debt burden varies by country. Countries with fast-growing economies and exports are likely to be able to sustain higher debt levels. Statistical concept and methodology: Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements. Debt data are reported in the currency of repayment and compiled and published in U.S. dollars. End-of-period exchange rates are used for the compilation of stock figures (amount of debt outstanding), and projected debt service and annual average exchange rates are used for the flows. Exchange rates are taken from the IMF's International Financial Statistics. Debt repayable in multiple currencies, goods, or services and debt with a provision for maintenance of the value of the currency of repayment are shown at book value.
Publisher
The World Bank
Origin
Low & middle income
Records
63
Source