Mexico Short-term Debt
Short-term debt as % of total external debt DT.DOD.DSTC.ZS
Mexico's short-term debt was 11.41% in 2025, ranked 52nd globally. This represents a 10.3% increase from 2024. Data from World Bank, covering 1970–2025.
Overview
Mexico's short-term debt stood at 11.41% in 2025, a rise of +1.06% from 2024. Based on recent trends, this figure is projected to reach 11.41% by 2025. Mexico ranked 52nd globally.
Mexico’s short‑term external debt as a share of gross external debt stood at 11.41 percent in 2025, placing the country 52nd in the World Bank ranking. The indicator has been tracked for 56 years, descending from a high of 14.12 percent in 1970 to an all‑time peak of 31.86 percent in 1981, when the debt burden surged amid global interest‑rate shocks and domestic fiscal deficits. A pronounced trough followed in 1987, when the ratio fell to 5.29 percent as Mexico implemented structural adjustments and benefited from a stronger peso. Since the late 1990s, the proportion has hovered in the low‑teens, closely mirroring peers such as Peru (11.40) and El Salvador (11.94). The recent modest rise to 11.41 percent reflects tighter liquidity conditions and higher short‑term borrowing costs; unless Mexico diversifies its financing mix toward longer‑dated instruments or improves fiscal buffers, the upward trajectory may persist.
Data & projection
| Year | Short-term Debt | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 13.00% | - | - |
| 2026* trend | 12.20% | - | - |
| 2025* trend | 11.41% | - | - |
| 2025 | 11.41% | +1.06% | #52 |
| 2024 | 10.35% | +0.24% | #66 |
| 2023 | 10.10% | +0.76% | #61 |
| 2022 | 9.35% | +1.53% | #57 |
| 2021 | 7.82% | +0.30% | #54 |
| 2020 | 7.52% | −1.46% | #53 |
| 2019 | 8.98% | −0.34% | #60 |
| 2018 | 9.32% | +1.74% | #57 |
| 2017 | 7.59% | −1.04% | #55 |
| 2016 | 8.63% | −3.41% | #54 |
| 2015 | 12.04% | −2.94% | #69 |
| 2014 | 14.97% | −3.38% | #77 |
| 2013 | 18.35% | +0.82% | #86 |
| 2012 | 17.54% | +2.63% | #84 |
| 2011 | 14.91% | +1.12% | #78 |
Detected Pattern
Analysis
Mexico matched the Orthodox Tightening Cycle pattern in 1999. 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
Mexico's short-term debt was 11.41% in 2025. Ranked 52nd globally. This represents a 10.3% increase from the previous year.
Mexico's short-term debt peaked at 31.86% in 1981.
The lowest short-term debt in Mexico was 5.29% in 1987.
Mexico ranks 52nd globally in short-term debt as of 2025.
The World Bank indicator code is DT.DOD.DSTC.ZS. Data sourced from World Bank.
Mexico's short-term debt is projected to reach 11.41% by 2025 based on trend extrapolation.
The short-term debt of Mexico in 2025 was 11.41%. This ranks 52nd in the world.
Cite this page
@misc{historysaid_mexico_short-term-debt,
title = {Mexico Short-term Debt},
url = {https://historysaid.com/mexico/short-term-debt/},
publisher = {HistorySaid},
year = {2026}
}