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Gambia, The Short-term Debt

Short-term debt as % of total external debt  DT.DOD.DSTC.ZS

Gambia, The's short-term debt was 5.59% in 2025, ranked 81st globally. This represents a 49.2% increase from 2024. Data from World Bank, covering 1970–2025.

5.59% +1.84% (+49.2%)
Year 2025 Rank #81 Global Peak 24.63% (1979) Source World Bank

Gambia, The Short-term Debt (1970–2025)

Overview

Gambia, The's short-term debt stood at 5.59% in 2025, a rise of +1.84% from 2024. Based on recent trends, this figure is projected to reach 5.59% by 2025. Gambia, The ranked 81st globally.

Gambia’s short‑term debt ratio has risen sharply from a zero‑percent baseline in 1970 to a modest 5.59 percent of GDP in 2025, placing the country 81st globally. The indicator experienced its all‑time high of 24.63 percent in 1979, a period marked by extensive borrowing to finance balance‑of‑payments deficits, before falling back to a trough of 0.00 percent in 1976. Over the 56‑year coverage span, the ratio has remained low relative to peers such as Iraq (5.60 percent) and Eswatini (5.58 percent), suggesting a comparatively restrained reliance on short‑term external financing. The recent increase reflects tighter fiscal conditions and higher external financing needs, yet the level remains well below the historic peak, indicating that Gambia has not reverted to the debt‑intensive practices of the late 1970s. Continued fiscal consolidation and diversification of financing sources could keep the short‑term debt ratio on a downward trajectory, reducing vulnerability to external shocks.

Data & projection

Year Short-term Debt YoY change Rank
2027* trend 6.59% - -
2026* trend 6.09% - -
2025* trend 5.59% - -
2025 5.59% +1.84% #81
2024 3.75% −3.15% #32
2023 6.89% +3.46% #51
2022 3.43% +0.02% #27
2021 3.41% +0.41% #23
2020 3.00% −0.05% #24
2019 3.05% +0.63% #25
2018 2.41% +0.50% #21
2017 1.92% −0.95% #15
2016 2.87% +0.77% #24
2015 2.10% −0.35% #19
2014 2.44% +0.24% #20
2013 2.21% −1.78% #21
2012 3.99% +3.81% #28
2011 0.17% −8.07% #9
Show all years (1970-2025)
* Linear trend extrapolation

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 17.0% Rate 20.8% Gap +3.8pp Reserves YoY +1.5%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Gambia, The matched the Orthodox Tightening Cycle pattern in 2023. Historically, 57% of countries showing this pattern (177 out of 311) saw short-term debt improve within 24 months. View full analysis →

Frequently Asked Questions

What is Gambia, The's short-term debt?▾

Gambia, The's short-term debt was 5.59% in 2025. Ranked 81st globally. This represents a 49.2% increase from the previous year.

What was the highest short-term debt in Gambia, The?▾

Gambia, The's short-term debt peaked at 24.63% in 1979.

What was the lowest short-term debt in Gambia, The?▾

The lowest short-term debt in Gambia, The was 0.00% in 1970.

How does Gambia, The rank in short-term debt?▾

Gambia, The ranks 81st globally in short-term debt as of 2025.

What is the World Bank indicator code for short-term debt?▾

The World Bank indicator code is DT.DOD.DSTC.ZS. Data sourced from World Bank.

What is the projected short-term debt of Gambia, The in 2025?▾

Gambia, The's short-term debt is projected to reach 5.59% by 2025 based on trend extrapolation.

What is the short-term debt of Gambia, The in 2025?▾

The short-term debt of Gambia, The in 2025 was 5.59%. This ranks 81st in the world.

Cite this page

APA
Gambia, The Short-term Debt. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/gambia-the/short-term-debt/
BibTeX
@misc{historysaid_gambia-the_short-term-debt, title = {Gambia, The Short-term Debt}, url = {https://historysaid.com/gambia-the/short-term-debt/}, publisher = {HistorySaid}, year = {2026} }
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