Argentina vs Mexico: Net flows on external debt, private nonguaranteed (PNG) (NFL, current)

Argentina
13.47 billion NFL, current US$
in 2025
Mexico
15.99 billion NFL, current US$
in 2025
Argentina rank
6th
Mexico rank
4th

Net flows on external debt, private nonguaranteed (PNG) (NFL, current) over time

  • Argentina
  • Mexico
-10.0B010.0B20.0B30.0B197019972025

How they compare

Mexico currently reports 15.99 billion NFL, current US$ against 13.47 billion NFL, current US$ in Argentina, a difference of 2.51 billion NFL, current US$.

That makes Mexico's figure about 1.2 times Argentina's.

The two have swapped places 18 times across 55 shared years of data; in 1970 it was Mexico ahead.

Argentina ranks 6th and Mexico ranks 4th of 94 countries.

Across the 6 decades both report, Argentina averaged higher in 2 and Mexico in 4.

Head to head by decade

Decade Argentina Mexico Difference Ahead
1970s 214.48 million NFL, current US$ 289.10 million NFL, current US$ 74.62 million NFL, current US$ Mexico
1980s 926.91 million NFL, current US$ -268.78 million NFL, current US$ 1.20 billion NFL, current US$ Argentina
1990s 1.91 billion NFL, current US$ 6.04 billion NFL, current US$ 4.13 billion NFL, current US$ Mexico
2000s -385.62 million NFL, current US$ 4.59 billion NFL, current US$ 4.97 billion NFL, current US$ Mexico
2010s 3.37 billion NFL, current US$ 13.76 billion NFL, current US$ 10.39 billion NFL, current US$ Mexico
2020s 1.12 billion NFL, current US$ 694.71 million NFL, current US$ 421.20 million NFL, current US$ Argentina

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net flows on external debt, private nonguaranteed (png), Argentina or Mexico?
Mexico, at 15.99 billion NFL, current US$ against 13.47 billion NFL, current US$ in Argentina as of 2025.
What is the difference in net flows on external debt, private nonguaranteed (png) between Argentina and Mexico?
2.51 billion NFL, current US$, with Mexico ahead.
How many years of comparable data are there for Argentina and Mexico?
55 years are reported by both, from 1970 to 2025.
How do Argentina and Mexico rank globally for net flows on external debt, private nonguaranteed (png)?
Argentina ranks 6th and Mexico ranks 4th of 94 countries.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as Net flows on external debt, private nonguaranteed (PNG) (NFL, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Argentina vs Mexico: Net flows on external debt, private nonguaranteed (PNG). Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 12 November 2026, from https://debt.statizoid.com/compare/net-flows-on-external-debt-private-nonguaranteed-png-nfl-current-us/argentina/mexico/

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<a href="https://debt.statizoid.com/compare/net-flows-on-external-debt-private-nonguaranteed-png-nfl-current-us/argentina/mexico/">Argentina vs Mexico: Net flows on external debt, private nonguaranteed (PNG)</a> — Statizoid

About this data

Indicator
Net flows on external debt, private nonguaranteed (PNG) (NFL, current US$)
Unit
NFL, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
107 places, 3,805 data points, 1970–2025
Last refreshed

Private nonguaranteed external debt is an external obligation of a private debtor that is not guaranteed for repayment by a public entity. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. Data are in current U.S. dollars.