* indicates monthly or quarterly data series

Short-term debt, percent of total external debt, 2024:

The average for 2024 based on 38 countries was 30.56 percent. The highest value was in the United Kingdom: 70.71 percent and the lowest value was in Hungary: 9.81 percent. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.

Measure: percent; Source: The World Bank
Select indicator
* indicates monthly or quarterly data series


Countries Short-term external debt, 2024 Global rank Available data
UK 70.71 1 1999 - 2024
Switzerland 51 2 1999 - 2024
Lithuania 49.92 3 2003 - 2024
France 43.88 4 2002 - 2024
Belgium 41.77 5 2003 - 2024
Portugal 40.9 6 1998 - 2024
Ireland 40.01 7 2002 - 2024
Russia 39.85 8 2003 - 2024
Spain 37.46 9 2002 - 2024
Slovakia 36.09 10 2003 - 2024
Czechia 36.04 11 1999 - 2024
Slovenia 35.88 12 2001 - 2024
Norway 35.83 13 2003 - 2024
Germany 35.54 14 2001 - 2024
Turkey 33.83 15 1990 - 2024
Italy 33.36 16 2002 - 2024
Sweden 32.73 17 1998 - 2024
Croatia 32 18 1999 - 2024
Greece 31.49 19 2003 - 2024
Finland 30.39 20 2002 - 2024
Denmark 29.92 21 2003 - 2024
Estonia 29.78 22 1998 - 2024
Austria 29.36 23 2003 - 2024
Belarus 28.1 24 1993 - 2024
Luxembourg 27.27 25 2002 - 2024
Cyprus 24.53 26 2008 - 2024
Moldova 23.73 27 1992 - 2024
Netherlands 23.6 28 2003 - 2024
North Macedonia 21.6 29 1993 - 2024
Bosnia & Herz. 20.6 30 1999 - 2024
Malta 20.25 31 2008 - 2024
Bulgaria 20.14 32 2005 - 2024
Poland 17.8 33 1999 - 2024
Ukraine 12.17 34 1992 - 2024
Albania 12.08 35 1991 - 2024
Iceland 11.58 36 1998 - 2024
Romania 10.19 37 2008 - 2024
Hungary 9.81 38 2002 - 2024


New - World map: Short-term external debt




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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