Argentina recorded a Government Debt to GDP of 88.40 percent of the country's Gross Domestic Product in 2023. This dataset provides - Argentina Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The national debt of Argentina amounted to about 453.88 billion U.S. dollars in 2024. Between 1992 and 2024, the national debt rose by approximately 453.82 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around 299.25 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

External Debt in Argentina increased to 278073.14 USD Million in the first quarter of 2025 from 277257.38 USD Million in the fourth quarter of 2024. This dataset provides - Argentina External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Argentina Government Debt: % of GDP

• Argentina Government debt accounted for 80.3 % of the country's Nominal GDP in Mar 2023, compared with the ratio of 79.5 % in the previous quarter.
• Argentina government debt to GDP ratio data is updated quarterly, available from Dec 2004 to Mar 2023.
• The data reached an all-time high of 116.8 % in Dec 2004 and a record low of 33.9 % in Jun 2012.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and quarterly Nominal GDP. The Ministry of Treasury provides Government Debt in USD. The National Institute of Statistics and Censuses provides annualized Nominal GDP in local currency. The Central Bank of Argentina average market exchange rate is used for currency conversions. Government Debt excludes debt swaps.


Related information about Argentina Government Debt: % of GDP

• In the latest reports, Argentina National Government Debt reached 398.2 USD bn in Mar 2023.
• The country's Nominal GDP reached 150.8 USD bn in Mar 2023.

The ratio of national debt to gross domestic product (GDP) of Argentina amounted to approximately 85.33 percent in 2024. Between 1992 and 2024, the ratio rose by around 60.37 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is expected to drop by about 29.66 percentage points between 2024 and 2030, showing a continuous downward movement throughout the period.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Graph and download economic data for General Government Gross Debt for Argentina (ARGGGXWDGGDP) from 1992 to 2030 about Argentina, debt, gross, and government.

Key information about Argentina National Government Debt

• Argentina National Government Debt reached 460.1 USD bn in Sep 2024, compared with 442.5 USD bn in the previous quarter.
• Argentina National Government Debt data is updated quarterly, available from Dec 1994 to Sep 2024.
• The data reached an all-time high of 460.1 USD bn in Sep 2024 and a record low of 74.6 USD bn in Dec 1994.

The Ministry of Treasury provides quarterly Government Debt in USD. Government Debt excludes debt swaps. [COVID-19-IMPACT]


Related information about Argentina National Government Debt

• In the latest reports, Argentina Consolidated Fiscal Balance recorded a deficit equal to 0.2 % of its Nominal GDP in Sep 2024.
• The country's Government debt accounted for 80.3 % of its Nominal GDP in Mar 2023.
• Argentina Nominal GDP reached 150.8 USD bn in Mar 2023.

Key information about Argentina External Debt: % of GDP

• Argentina External Debt accounted for 45.3 % of the country's Nominal GDP in 2023, compared with the ratio of 44.7 % in the previous year.
• Argentina External Debt: % of Nominal GDP data is updated yearly, available from Dec 1994 to Dec 2023.
• The data reached an all-time high of 152.3 % in Dec 2002 and a record low of 25.5 % in Dec 2013.

CEIC calculates External Debt as % of Nominal GDP from annual External Debt and quarterly Nominal GDP. The National Institute of Statistics and Censuses provides External Debt in USD based on BPM6 and annualized Nominal GDP in local currency. The Central Bank of Argentina average market exchange rate is used for currency conversions. External Debt prior to 2006 is based on BPM5.


Related information about Argentina External Debt: % of GDP

• In the latest reports of Argentina, Current Account recorded a deficit of 3.4 USD bn in Dec 2023.
• Foreign Direct Investment (FDI) increased by 6.8 USD bn in Dec 2023.
• Argentina Direct Investment Abroad expanded by 621.9 USD mn in Mar 2024.
• Its Foreign Portfolio Investment fell by 437.6 USD mn in Mar 2024.
• The country's External Debt reached 289,968.7 in Mar 2024.
• The country's Nominal GDP was reported at 150.8 USD bn in Mar 2023.

Argentina is one of the most indebted countries in the Latin American region. In 2023, the Argentinian central government's debt held in foreign currency represented 57 percent of its GDP, down from 79 percent in 2020. Gross national debt held in domestic currency as a share of GDP peaked in 2005, when it reached 33 percent.

Historical dataset showing Argentina debt to gdp ratio by year from N/A to N/A.

Key information about Argentina External Debt

• Argentina External Debt reached 282.8 USD bn in Sep 2024, compared with 286.6 USD bn in the previous quarter.
• Argentina External Debt: USD mn data is updated quarterly, available from Mar 2006 to Sep 2024.
• The data reached an all-time high of 289.6 USD bn in Mar 2024 and a record low of 130.1 USD bn in Mar 2006.

Related information about Argentina External Debt

• In the latest reports of Argentina, Current Account recorded a surplus of 3.5 USD bn in Jun 2024.
• Foreign Direct Investment (FDI) increased by 2.6 USD bn in Jun 2024.
• Argentina Direct Investment Abroad expanded by 710.0 USD mn in Jun 2024.
• Its Foreign Portfolio Investment increased by 860.1 USD mn in Jun 2024.
• The country's Nominal GDP was reported at 150.8 USD bn in Mar 2023.

Key information about Argentina External Debt: Short Term

• Argentina External Debt: Short Term value stood at 103.7 USD bn in Sep 2024, compared with 103.1 USD bn in the previous quarter.
• Argentina External Debt: Short Term data is updated quarterly, available from Sep 2003 to Sep 2024.
• The data reached an all-time high of 104.6 USD bn in Mar 2024 and a record low of 5.8 USD bn in Sep 2003.

CEIC calculates Short Term External Debt as the sum of quarterly Short Term External Debt breakdowns for Domestic Currency and Foreign Currency. The National Institute of Statistics and Censuses provides Short Term External Debt in USD based on BPM6. Short Term External Debt prior to Q2 2016 is based on BPM5.


Related information about Argentina External Debt: Short Term

• In the latest reports of Argentina, Current Account recorded a surplus of 1.4 USD bn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 2.5 USD bn in Sep 2024.
• Argentina Direct Investment Abroad expanded by 613.7 USD mn in Sep 2024.
• Its Foreign Portfolio Investment fell by 2.8 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 150.8 USD bn in Mar 2023.

Graph and download economic data for Outstanding International Public Debt Securities to GDP for Argentina (DDDM06ARA156NWDB) from 1980 to 2020 about Argentina, public, debt, securities, and GDP.

Argentina: External debt, percent of Gross National Income: The latest value from 2023 is 42.07 percent, a decline from 42.97 percent in 2022. In comparison, the world average is 54.39 percent, based on data from 112 countries. Historically, the average for Argentina from 1970 to 2023 is 45.99 percent. The minimum value, 10.73 percent, was reached in 1974 while the maximum of 159.89 percent was recorded in 2002.

Argentina Public Debt: Medium & Long Term: Public Titles: Foreign Currency data was reported at 168.746 USD bn in Dec 2024. This records a decrease from the previous number of 169.078 USD bn for Sep 2024. Argentina Public Debt: Medium & Long Term: Public Titles: Foreign Currency data is updated quarterly, averaging 80.849 USD bn from Dec 1994 (Median) to Dec 2024, with 119 observations. The data reached an all-time high of 179.178 USD bn in Sep 2023 and a record low of 32.847 USD bn in Sep 2005. Argentina Public Debt: Medium & Long Term: Public Titles: Foreign Currency data remains active status in CEIC and is reported by Ministry of Treasury. The data is categorized under Global Database’s Argentina – Table AR.F062: Gross Public Debt: by Instrument and Type of Term. Excluding Defaulted Debt

Argentina AR: External Debt: Average Interest on New External Debt Commitments data was reported at 8.033 % in 2016. This records an increase from the previous number of 2.824 % for 2015. Argentina AR: External Debt: Average Interest on New External Debt Commitments data is updated yearly, averaging 7.703 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 13.668 % in 1980 and a record low of 1.041 % in 2011. Argentina AR: External Debt: Average Interest on New External Debt Commitments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: External Debt: Terms and Undisbursed Debt. Interest represents the average interest rate on all new public and publicly guaranteed loans contracted during the year. To obtain the average, the interest rates for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Public debt is an external obligation of a public debtor, including the national government, a political subdivision (or an agency of either), and autonomous public bodies. Publicly guaranteed debt is an external obligation of a private debtor that is guaranteed for repayment by a public entity.; ; World Bank, International Debt Statistics.; Weighted average;

In 2020, the amount of debt held by Argentina's central government to creditors based in the country represented more than 56 percent of gross domestic product (GDP). Argentina's internal debt in relation to its GPD has been increasing almost uninterruptedly since 2011, when the share was below 27 percent.

External Debt to GDP in Argentina increased to 62.40 percent of GDP in 2023 from 31.10 percent of GDP in 2022. This dataset includes a chart with historical data for Argentina External Debt To GDP.

Household debt to GDP, in percent in Argentina, December, 2024 The most recent value is 4.7 percent as of December 2024, an increase compared to the previous value of 4.2 percent. Historically, the average for Argentina from March 1994 to December 2024 is 4.92 percent. The minimum of 2.5 percent was recorded in March 2004, while the maximum of 7.6 percent was reached in March 2000. | TheGlobalEconomy.com

Argentina is one of the most indebted countries in the Latin American region. In 2022, the public debt that Argentina's central government owed to foreign creditors equaled 31.1 percent of the country's gross domestic product (GDP). The volume of external debt in relation to GDP has been steadily increasing since 2012, when the share stood at 11 2 percent.