Germany: Short-term external debt

* indicates monthly or quarterly data series
 Germany

Short-term debt, percent of total external debt

 Latest value 35.54
 Year 2024
 Measure percent
 Data availability 2001 - 2024
 Average 35.49
 Min - Max 31.19 - 41.67
 Source The World Bank
 Available for Data download
The latest value from 2024 is 35.54 percent, a decline from 37.69 percent in 2023. In comparison, the world average is 23.55 percent, based on data from 104 countries. Historically, the average for Germany from 2001 to 2024 is 35.49 percent. The minimum value, 31.19 percent, was reached in 2014 while the maximum of 41.67 percent was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Germany: Short-term external debt
 2024 35.54
 2023 37.69
 2022 41.67
 2021 40.38
 2020 36.37
 2019 34.93
 2018 36.89
 2017 36.27




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 102.10 2024 percent
 Trade openness 78.51 2025 percent
 Financial openness 2.290 2022 index points
 Exports, percent of GDP 40.43 2025 percent
 Exports, billion dollars 2,042.33 2025 billion U.S. dollars
 Growth of exports -0.44 2025 percent
 Imports, percent of GDP 38.08 2025 percent
 Imports, billion dollars 1,923.29 2025 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.88 2025 percent
 Foreign Direct Investment, billion dollars 95.19 2025 billion U.S. dollars
 Portfolio investment inflows, equities -18,321.55 2025 million dollars (current)
 Current account, percent of GDP 4.51 2025 percent
 Current account, in dollars 224.63 2025 billion U.S. dollars
 Current Account, quarterly 4.87 6/2026 percent
 Trade balance, percent of GDP 2.36 2025 percent
 Trade balance, in dollars 123.35 2025 billion U.S. dollars
 Reserves 572.20 2025 billion U.S. dollars
 Remittances, percent of GDP 0.47 2025 percent
 Remittances 23,900.45 2025 million U.S. dollars
 Net errors and omissions 99,453.75 2025 million USD
 External debt 141.74 2024 percent
 Short-term external debt 35.54 2024 percent
 Short-term debt to reserves 624.41 2024 percent
 External debt in foreign currencies 15.01 2024 percent
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