Upper 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
Upper middle income
Records
63
Source
Upper middle income | External debt stocks, short-term (DOD, current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
5312670661.4 1970
6142169414.4 1971
7242298149.9 1972
8628149672.6 1973
10896962000.7 1974
13026811685 1975
15986799009.9 1976
30564856461.8 1977
34450980495.6 1978
40004614629.6 1979
57971287671.6 1980
72625554677.1 1981
82539492200.6 1982
56481471360.4 1983
54563426374.9 1984
57802608877.8 1985
57298831571.4 1986
66338095824 1987
73831819264.4 1988
92751758428.5 1989
114078221759.9 1990
134586361961 1991
152007598190.3 1992
180012264183.9 1993
196056510208.7 1994
242118400188.8 1995
257942452804.7 1996
259126425930.6 1997
230167690940.7 1998
214877256956.8 1999
205725886700.4 2000
221617500252.2 2001
225897254962.9 2002
288063435013.6 2003
333268080544.5 2004
387596470341.5 2005
445811712221.5 2006
577808940739.8 2007
543521511515.9 2008
587539891631 2009
980090072322.4 2010
1250184587738.8 2011
1343802815800.2 2012
1692307641943.3 2013
1847003016635.3 2014
1355386845368 2015
1296518337887.9 2016
1583780921455.2 2017
1803723052314.7 2018
1809636097151.5 2019
1816679389460.3 2020
2066847920503.9 2021
1938836948349.1 2022
Upper 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
Upper middle income
Records
63
Source