Debt service on external debt, public and publicly guaranteed (PPG) in Argentina
Argentina: Debt service on external debt, public and publicly guaranteed (PPG) was 0.0223 TDS, current US$ per US$ of GDP in 2024. ▲ Rising
Debt service on external debt, public and publicly guaranteed (PPG) in Argentina, 1970–2024
Source: Statizoid (derived). Measured in TDS, current US$ per US$ of GDP.
Analysis
In 2024, debt service on external debt, public and publicly guaranteed (ppg) in Argentina stood at 0.0223 TDS, current US$ per US$ of GDP.
The figure is up 50.1% on the previous year and up 16.2% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Argentina peaked at 0.0629 TDS, current US$ per US$ of GDP in 2019 and was at its lowest, 0.0112 TDS, current US$ per US$ of GDP, in 2012.
Argentina ranks 55th of 122 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Debt service on external debt, public and publicly guaranteed (PPG) in Argentina, year by year
| Year | TDS, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.015 TDS, current US$ per US$ of GDP | — |
| 1971 | 0.0133 TDS, current US$ per US$ of GDP | -11.1% |
| 1972 | 0.014 TDS, current US$ per US$ of GDP | +5.5% |
| 1973 | 0.0129 TDS, current US$ per US$ of GDP | -8.0% |
| 1974 | 0.0112 TDS, current US$ per US$ of GDP | -13.3% |
| 1975 | 0.0154 TDS, current US$ per US$ of GDP | +37.4% |
| 1976 | 0.0174 TDS, current US$ per US$ of GDP | +13.0% |
| 1977 | 0.0187 TDS, current US$ per US$ of GDP | +7.6% |
| 1978 | 0.024 TDS, current US$ per US$ of GDP | +28.3% |
| 1979 | 0.0215 TDS, current US$ per US$ of GDP | -10.4% |
| 1980 | 0.0268 TDS, current US$ per US$ of GDP | +24.8% |
| 1981 | 0.0276 TDS, current US$ per US$ of GDP | +2.9% |
| 1982 | 0.0278 TDS, current US$ per US$ of GDP | +0.5% |
| 1983 | 0.0237 TDS, current US$ per US$ of GDP | -14.6% |
| 1984 | 0.0222 TDS, current US$ per US$ of GDP | -6.2% |
| 1985 | 0.0486 TDS, current US$ per US$ of GDP | +118.6% |
| 1986 | 0.0446 TDS, current US$ per US$ of GDP | -8.2% |
| 1987 | 0.0427 TDS, current US$ per US$ of GDP | -4.4% |
| 1988 | 0.0298 TDS, current US$ per US$ of GDP | -30.2% |
| 1989 | 0.0364 TDS, current US$ per US$ of GDP | +22.4% |
| 1990 | 0.0342 TDS, current US$ per US$ of GDP | -6.1% |
| 1991 | 0.0199 TDS, current US$ per US$ of GDP | -41.8% |
| 1992 | 0.0141 TDS, current US$ per US$ of GDP | -29.1% |
| 1993 | 0.0188 TDS, current US$ per US$ of GDP | +33.0% |
| 1994 | 0.014 TDS, current US$ per US$ of GDP | -25.3% |
| 1995 | 0.0204 TDS, current US$ per US$ of GDP | +45.0% |
| 1996 | 0.0257 TDS, current US$ per US$ of GDP | +26.3% |
| 1997 | 0.0319 TDS, current US$ per US$ of GDP | +24.0% |
| 1998 | 0.0321 TDS, current US$ per US$ of GDP | +0.8% |
| 1999 | 0.0414 TDS, current US$ per US$ of GDP | +28.8% |
| 2000 | 0.0495 TDS, current US$ per US$ of GDP | +19.7% |
| 2001 | 0.0372 TDS, current US$ per US$ of GDP | -24.9% |
| 2002 | 0.0366 TDS, current US$ per US$ of GDP | -1.6% |
| 2003 | 0.0536 TDS, current US$ per US$ of GDP | +46.3% |
| 2004 | 0.0157 TDS, current US$ per US$ of GDP | -70.7% |
| 2005 | 0.016 TDS, current US$ per US$ of GDP | +1.9% |
| 2006 | 0.0172 TDS, current US$ per US$ of GDP | +7.7% |
| 2007 | 0.0174 TDS, current US$ per US$ of GDP | +1.2% |
| 2008 | 0.0162 TDS, current US$ per US$ of GDP | -6.8% |
| 2009 | 0.0229 TDS, current US$ per US$ of GDP | +40.9% |
| 2010 | 0.0206 TDS, current US$ per US$ of GDP | -9.9% |
| 2011 | 0.0148 TDS, current US$ per US$ of GDP | -28.5% |
| 2012 | 0.0112 TDS, current US$ per US$ of GDP | -24.2% |
| 2013 | 0.0134 TDS, current US$ per US$ of GDP | +20.2% |
| 2014 | 0.0192 TDS, current US$ per US$ of GDP | +42.9% |
| 2015 | 0.0194 TDS, current US$ per US$ of GDP | +0.8% |
| 2016 | 0.0317 TDS, current US$ per US$ of GDP | +63.7% |
| 2017 | 0.047 TDS, current US$ per US$ of GDP | +48.3% |
| 2018 | 0.051 TDS, current US$ per US$ of GDP | +8.6% |
| 2019 | 0.0629 TDS, current US$ per US$ of GDP | +23.3% |
| 2020 | 0.0277 TDS, current US$ per US$ of GDP | -56.0% |
| 2021 | 0.0118 TDS, current US$ per US$ of GDP | -57.2% |
| 2022 | 0.0126 TDS, current US$ per US$ of GDP | +6.6% |
| 2023 | 0.0149 TDS, current US$ per US$ of GDP | +17.8% |
| 2024 | 0.0223 TDS, current US$ per US$ of GDP | +50.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0163 TDS, current US$ per US$ of GDP | 0.0112 TDS, current US$ per US$ of GDP | 0.024 TDS, current US$ per US$ of GDP | 10 |
| 1980s | 0.033 TDS, current US$ per US$ of GDP | 0.0222 TDS, current US$ per US$ of GDP | 0.0486 TDS, current US$ per US$ of GDP | 10 |
| 1990s | 0.0253 TDS, current US$ per US$ of GDP | 0.014 TDS, current US$ per US$ of GDP | 0.0414 TDS, current US$ per US$ of GDP | 10 |
| 2000s | 0.0282 TDS, current US$ per US$ of GDP | 0.0157 TDS, current US$ per US$ of GDP | 0.0536 TDS, current US$ per US$ of GDP | 10 |
| 2010s | 0.0291 TDS, current US$ per US$ of GDP | 0.0112 TDS, current US$ per US$ of GDP | 0.0629 TDS, current US$ per US$ of GDP | 10 |
| 2020s | 0.0179 TDS, current US$ per US$ of GDP | 0.0118 TDS, current US$ per US$ of GDP | 0.0277 TDS, current US$ per US$ of GDP | 5 |
Countries ranked near Argentina
- 52 Uganda 0.0237 TDS, current US$ per US$ of GDP compare
- 53 Georgia 0.0237 TDS, current US$ per US$ of GDP compare
- 54 Tanzania 0.0229 TDS, current US$ per US$ of GDP compare
- 56 South Africa 0.0223 TDS, current US$ per US$ of GDP compare
- 57 Armenia 0.0219 TDS, current US$ per US$ of GDP compare
- 58 Turkey 0.0218 TDS, current US$ per US$ of GDP compare
More external debt data for Argentina
- IFC, private nonguaranteed -248.67 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -5.44 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0004 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -51.14 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.3% (2024)
- Net financial flows, IBRD 859.15 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 13.8% (2024)
- Net financial flows, IBRD (NFL, current US$), annual growth rate 25.43 % change on previous year (2024)
- Other investment, Debt instruments 280.41 billion US dollar (2025)
- Use of IMF credit 47.18 billion DOD, current US$ (2024)
Frequently asked questions
- What is debt service on external debt, public and publicly guaranteed (ppg) in Argentina?
- Debt service on external debt, public and publicly guaranteed (ppg) in Argentina was 0.0223 TDS, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Argentina?
- The highest recorded value was 0.0629 TDS, current US$ per US$ of GDP in 2019.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Argentina?
- The lowest recorded value was 0.0112 TDS, current US$ per US$ of GDP in 2012.
- How does Argentina rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Argentina ranks 55th out of 122 countries with data for 2024.
- Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in Argentina?
- Over the last ten years it is up 16.2%. The long-run trend across the full record is rising.
- Where does this Argentina data come from?
- The figures come from Statizoid (derived), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) ÷ GDP (current US$)
Computed from
- Debt service on external debt, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.