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

The latest value for External debt stocks, short-term (DOD, current US$) in Zambia was $677,480,200 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $1,549,784,000 in 1989 and $76,268,920 in 2000.

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
1970 $160,000,000
1971 $168,000,000
1972 $185,000,000
1973 $201,000,000
1974 $234,000,000
1975 $331,261,000
1976 $373,311,600
1977 $646,729,900
1978 $649,829,900
1979 $651,606,400
1980 $586,285,200
1981 $610,721,300
1982 $647,303,200
1983 $509,893,500
1984 $445,249,600
1985 $669,959,200
1986 $1,039,724,000
1987 $1,147,304,000
1988 $1,438,592,000
1989 $1,549,784,000
1990 $1,413,169,000
1991 $1,342,000,000
1992 $1,333,226,000
1993 $1,296,284,000
1994 $809,911,700
1995 $414,702,300
1996 $476,486,300
1997 $257,918,700
1998 $328,091,400
1999 $109,767,500
2000 $76,268,920
2001 $141,025,200
2002 $91,722,400
2003 $89,147,740
2004 $136,873,000
2005 $234,348,000
2006 $423,444,000
2007 $552,191,000
2008 $648,153,700
2009 $446,167,500
2010 $1,150,107,000
2011 $528,087,100
2012 $822,101,200
2013 $749,703,600
2014 $819,070,400
2015 $739,630,400
2016 $761,818,200
2017 $900,798,700
2018 $622,545,500
2019 $835,233,700
2020 $677,480,200

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