External debt stocks, short-term (DOD, current US$) - Country Ranking - Asia

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: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 China $1,236,230,000,000.00 2020
2 Turkey $138,438,000,000.00 2020
3 India $103,533,000,000.00 2020
4 Thailand $74,813,830,000.00 2020
5 Russia $57,369,730,000.00 2020
6 Indonesia $44,487,590,000.00 2020
7 Vietnam $26,603,670,000.00 2020
8 Pakistan $15,063,280,000.00 2020
9 Philippines $14,208,680,000.00 2020
10 Jordan $14,083,540,000.00 2020
11 Bangladesh $10,986,460,000.00 2020
12 Lebanon $10,154,010,000.00 2020
13 Kazakhstan $10,034,060,000.00 2020
14 Sri Lanka $8,396,059,000.00 2020
15 Cambodia $3,781,960,000.00 2020
16 Mongolia $3,117,939,000.00 2020
17 Uzbekistan $2,388,508,000.00 2020
18 Georgia $2,322,458,000.00 2020
19 Iran $2,084,568,000.00 2020
20 Armenia $1,602,871,000.00 2020
21 Tajikistan $1,116,729,000.00 2020
22 Lao PDR $984,685,400.00 2020
23 Syrian Arab Republic $609,966,900.00 2020
24 Kyrgyz Republic $552,124,000.00 2020
25 Yemen $459,567,800.00 2020
26 Azerbaijan $452,165,000.00 2020
27 Afghanistan $431,431,000.00 2020
28 Nepal $360,500,000.00 2020
29 Turkmenistan $141,871,000.00 2020
30 Myanmar $67,901,010.00 2020
31 Bhutan $1,454,000.00 2020
32 Timor-Leste $433,000.00 2020

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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