Liberia Short-term Debt

Liberia’s short‑term external debt ratio has been recorded at 0.00 percent of gross external debt in 2025, placing the country at rank 111 globally and matching the all‑time trough first reached in 2024 after a 56‑year series of observations. The indicator’s sole historic high occurred in 2006 when the ratio surged to 62.52 percent, reflecting a period of intensified borrowing that followed the end of the civil wars and the need to finance post‑conflict reconstruction. Since then, successive debt‑restructuring agreements, fiscal consolidation measures and the gradual restoration of donor confidence have driven the metric down to zero, a level shared by peers such as Burkina Faso and Tonga, which also report 0.00 percent. The contrast with Bhutan’s modest 0.02 percent underscores the variability among low‑income economies. Continued adherence to prudent fiscal policy, coupled with diversified revenue sources and sustained external assistance, will be crucial if Liberia is to maintain a zero short‑term debt stance and avoid a resurgence of borrowing pressures.