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

The latest value for External debt stocks, short-term (DOD, current US$) in Yemen was $459,567,800 as of 2020. Over the past 49 years, the value for this indicator has fluctuated between $1,317,713,000 in 1992 and $7,000,000 in 1971.

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
1971 $7,000,000
1972 $14,000,000
1973 $36,000,000
1974 $52,000,000
1975 $61,010,000
1976 $74,039,020
1977 $132,064,000
1978 $132,164,800
1979 $176,138,000
1980 $182,454,000
1981 $189,899,100
1982 $209,438,100
1983 $250,293,400
1984 $368,993,700
1985 $324,499,800
1986 $410,141,400
1987 $511,527,900
1988 $846,393,200
1989 $948,322,600
1990 $1,191,552,000
1991 $1,217,634,000
1992 $1,317,713,000
1993 $581,691,300
1994 $665,630,200
1995 $688,876,600
1996 $619,269,300
1997 $189,947,700
1998 $165,138,800
1999 $412,818,800
2000 $688,661,200
2001 $425,895,500
2002 $326,881,500
2003 $220,237,200
2004 $299,861,900
2005 $330,189,700
2006 $325,560,200
2007 $416,434,900
2008 $393,496,800
2009 $507,200,200
2010 $124,193,500
2011 $131,284,200
2012 $139,768,200
2013 $259,417,800
2014 $315,582,100
2015 $300,268,200
2016 $243,445,800
2017 $368,278,100
2018 $361,939,500
2019 $426,896,900
2020 $459,567,800

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