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 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.

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.

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

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.

Key information about Argentina Private Debt: % of Nominal GDP

• Argentina Private Debt accounted for 10.31 % of its Nominal GDP in Sep 2024, compared with a ratio of 9.42 % in the previous quarter
• Argentina Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 2004 to Sep 2024, with an average share of 11.53 %
• The data reached an all-time high of 16.55 % in Sep 2018 and a record low of 7.95 % in Dec 2004

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. The Central Bank of Argentina provides Private Debt in local currency. The National Institute of Statistics and Censuses provides annualized Nominal GDP in local currency.

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.

Key information about Argentina Household Debt: % of GDP

• Argentina household debt accounted for 4.5 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 3.9 % in the previous quarter.
• Argentina household debt to GDP ratio is updated quarterly, available from Dec 2004 to Sep 2024.
• The data reached an all-time high of 8.2 % in Jun 2018 and a record low of 3.7 % in Mar 2024.

CEIC calculates quarterly Household Debt as % of Nominal GDP from monthly Household Debt and quarterly Nominal GDP. The Central Bank of Argentina provides Household Debt in local currency. The National Institute of Statistics and Censuses provides annualized Nominal GDP in local currency. Loans are used due to the lack of Flow of Funds statistics.


Related information about Argentina Household Debt: % of GDP

• In the latest reports, Argentina Household Debt reached 26.2 USD bn in Nov 2024.
• Money Supply M2 in Argentina increased 222.6 % YoY in Nov 2024.
• Argentina Foreign Exchange Reserves was measured at 24.9 USD bn in Nov 2024.
• The Foreign Exchange Reserves equaled 3.7 Months of Import in May 2023.
• Argentina Domestic Credit reached 182.6 USD bn in Oct 2024, representing an increased of 150.1 % YoY.
• The country's Non Performing Loans Ratio stood at 1.5 % in Oct 2024, compared with the ratio of 1.6 % in the previous month.

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

Argentina AR: Gross Public Debt: % of GDP: Central Government: Debt Securities data was reported at 54.589 % in Dec 2024. This records a decrease from the previous number of 56.514 % for Sep 2024. Argentina AR: Gross Public Debt: % of GDP: Central Government: Debt Securities data is updated quarterly, averaging 42.631 % from Mar 2011 (Median) to Dec 2024, with 56 observations. The data reached an all-time high of 80.147 % in Dec 2023 and a record low of 22.036 % in Jun 2013. Argentina AR: Gross Public Debt: % of GDP: Central Government: Debt Securities 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.QPSD: Gross Public Debt: % of GDP: Central 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.

La dette des ménages en Argentine est passée à 4,70 % du PIB au quatrième trimestre 2024, contre 4,20 % du PIB au troisième trimestre 2024. Cette dataset fournit les valeurs réelles, les données historiques, les prévisions, les graphiques, les statistiques, le calendrier économique et les actualités sur l'endettement des ménages en Argentine par rapport au PIB.

Graph and download economic data for Outstanding Domestic Private Debt Securities to GDP for Argentina (DDDM03ARA156NWDB) from 2009 to 2020 about Argentina, debt, securities, domestic, private, and GDP.

Utang Luar Negeri terhadap PDB di Argentina meningkat menjadi 62,40 persen dari PDB pada tahun 2023 dari 31,10 persen dari PDB pada tahun 2022. Nilai saat ini, data historis, perkiraan, statistik, grafik dan kalender ekonomi - Argentina - Utang Luar Negeri terhadap PDB.

Household debt to GDP, in percent in Argentina, September, 2024 The most recent value is 4.2 percent as of September 2024, an increase compared to the previous value of 3.6 percent. Historically, the average for Argentina from March 1994 to September 2024 is 4.93 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

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.

Argentina: Government debt as percent of GDP: The latest value from 2022 is 85 percent, an increase from 80.6 percent in 2021. In comparison, the world average is 59.99 percent, based on data from 174 countries. Historically, the average for Argentina from 1997 to 2022 is 68.4 percent. The minimum value, 34.5 percent, was reached in 1997 while the maximum of 166.7 percent was recorded in 2002.

Argentina AR: Gross Public Debt: % of GDP: Central Government: Long Term: Over 1 Year data was reported at 49.206 % in Dec 2024. This records a decrease from the previous number of 52.211 % for Sep 2024. Argentina AR: Gross Public Debt: % of GDP: Central Government: Long Term: Over 1 Year data is updated quarterly, averaging 42.886 % from Mar 2011 (Median) to Dec 2024, with 56 observations. The data reached an all-time high of 77.648 % in Jun 2020 and a record low of 24.671 % in Jun 2013. Argentina AR: Gross Public Debt: % of GDP: Central Government: Long Term: Over 1 Year 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.QPSD: Gross Public Debt: % of GDP: Central Government.

In 2025, the ratio of national debt to gross domestic product (GDP) of Argentina lies at approximately 73.09 percent.Fluctuating rise between 1992 and 2025Between 1992 and 2025 a total increase by approximately 48.13 percentage points can be observed. The data emphasizes however that this increase did not happen continuously.Continuous decline between 2025 and 2030In 2030 the ratio will amount to close to 55.67 percent, according to forecasts. Compared to 2025 that is an overall decrease by approximately 17.42 percentage points. This decrease reflects a consistent falling trend.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.

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.