Short-term debt in Congo
Congo: Short-term debt was 9.8% in 2024. ◆ Volatile
Short-term debt in Congo, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
The most recent figure for short-term debt in Congo is 9.8%, measured in 2024.
Compared with earlier readings it is up 240.0% on the previous year and up 165.1% over ten years.
Over the whole period, short-term debt in Congo peaked at 23.3% in 2001 and was at its lowest, 0.3%, in 1970.
Congo ranks 58th of 121 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.4% | 0.3% | 22.2% | 10 |
| 1980s | 14.7% | 7.8% | 22.3% | 10 |
| 1990s | 15.8% | 9.9% | 21.2% | 10 |
| 2000s | 13.5% | 4.5% | 23.3% | 10 |
| 2010s | 4.6% | 2.8% | 7.0% | 10 |
| 2020s | 4.5% | 2.6% | 9.8% | 5 |
Countries ranked near Congo
More external debt data for Congo
- IFC, private nonguaranteed -786,306 NFL, US$ (2024)
- Public and publicly guaranteed debt service 7.4% (2024)
- Net financial flows, IDA 87.32 million NFL, current US$ (2024)
- Net financial flows, IBRD 60.55 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 6.3% (2021)
- IMF repurchases and charges 12.01 million TDS, current US$ (2024)
- Net financial flows, multilateral 129.74 million NFL, current US$ (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 1.05 billion TDS, current US$ (2024)
- Multilateral debt service 10.6% (2024)
- Multilateral debt service 111.22 million TDS, current US$ (2024)
Frequently asked questions
- What is short-term debt in Congo?
- Short-term debt in Congo was 9.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Congo?
- The highest recorded value was 23.3% in 2001.
- What is the lowest short-term debt recorded in Congo?
- The lowest recorded value was 0.3% in 1970.
- How does Congo rank for short-term debt?
- Congo ranks 58th out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Congo?
- Over the last ten years it is up 165.1%. The long-run trend across the full record is volatile.
- Where does this Congo data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.