Guyana - External debt stocks, short-term (DOD, current US$)

The latest value for External debt stocks, short-term (DOD, current US$) in Guyana was $54,337,300 as of 2020. Over the past 48 years, the value for this indicator has fluctuated between $1,025,701,000 in 2013 and $326,000 in 1973.

Definition: 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.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1972 $538,000
1973 $326,000
1974 $1,035,000
1975 $1,631,000
1976 $1,203,376
1977 $47,468,870
1978 $78,656,010
1979 $73,435,840
1980 $117,975,800
1981 $112,989,000
1982 $167,565,900
1983 $405,422,100
1984 $493,487,900
1985 $618,626,000
1986 $665,734,300
1987 $654,046,000
1988 $761,528,800
1989 $265,678,200
1990 $74,676,180
1991 $49,930,540
1992 $54,471,510
1993 $45,071,170
1994 $71,327,990
1995 $149,860,800
1996 $85,099,840
1997 $102,308,900
1998 $126,686,900
1999 $138,179,300
2000 $109,438,900
2001 $112,382,200
2002 $126,137,000
2003 $117,794,100
2004 $114,175,600
2005 $84,004,030
2006 $162,147,000
2007 $183,097,700
2008 $235,786,000
2009 $451,986,300
2010 $333,317,700
2011 $770,008,500
2012 $587,879,000
2013 $1,025,701,000
2014 $919,033,300
2015 $311,100,600
2016 $243,205,600
2017 $115,529,000
2018 $124,203,300
2019 $48,612,050
2020 $54,337,300

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.

Aggregation method: Sum

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt