Belgium: Short-term external debt

* indicates monthly or quarterly data series
 Belgium

Short-term debt, percent of total external debt

 Latest value 41.77
 Year 2024
 Measure percent
 Data availability 2003 - 2024
 Average 46.49
 Min - Max 32.39 - 74.78
 Source The World Bank
 Available for Data download
The latest value from 2024 is 41.77 percent, an increase from 39.93 percent in 2023. In comparison, the world average is 23.55 percent, based on data from 104 countries. Historically, the average for Belgium from 2003 to 2024 is 46.49 percent. The minimum value, 32.39 percent, was reached in 2015 while the maximum of 74.78 percent was recorded in 2006. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Belgium: Short-term external debt
 2024 41.77
 2023 39.93
 2022 38.91
 2021 34.70
 2020 33.25
 2019 33.17
 2018 32.53
 2017 34.78




Definition: External debt with of public and private domestic borrowers to non-residents with maturity of twelve months of less as percent of total external debt. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.

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 Related indicators Latest Reference Measure
 Terms of trade 98.70 2024 percent
 Trade openness 152.92 2025 percent
 Financial openness 2.290 2022 index points
 Exports, percent of GDP 75.45 2025 percent
 Exports, billion dollars 547.36 2025 billion U.S. dollars
 Growth of exports -0.29 2025 percent
 Imports, percent of GDP 77.47 2025 percent
 Imports, billion dollars 562.00 2025 billion U.S. dollars
 Foreign Direct Investment, percent of GDP -3.97 2025 percent
 Foreign Direct Investment, billion dollars -28.79 2025 billion U.S. dollars
 Current account, percent of GDP -1.93 2025 percent
 Current account, in dollars -1.13 2025 billion U.S. dollars
 Current Account, quarterly 1.92 6/2026 percent
 Trade balance, percent of GDP -2.02 2025 percent
 Trade balance, in dollars -13.81 2025 billion U.S. dollars
 Reserves 56.39 2025 billion U.S. dollars
 Remittances, percent of GDP 2.25 2025 percent
 Remittances 16,346.87 2025 million U.S. dollars
 Net errors and omissions 5,465.86 2025 million USD
 External debt 235.33 2024 percent
 Short-term external debt 41.77 2024 percent
 Short-term debt to reserves 1,542.88 2024 percent
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