Debt service on external debt, public and publicly guaranteed … PPG in Argentina
Argentina: Debt service on external debt, public and publicly guaranteed … PPG was 14.25 billion TDS, current US$ in 2024. ◆ Volatile
Latest (2024)
14.25 billion TDS, current US$
Change on year
up 47.6%
World rank
10th
of 123 countries
All-time high
30.25 billion TDS, current US$
in 2017
All-time low
442.76 million TDS, current US$
in 1971
Years of data
55
1970–2024
Debt service on external debt, public and publicly guaranteed (PPG) in Argentina, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
Argentina recorded 14.25 billion TDS, current US$ for debt service on external debt, public and publicly guaranteed (ppg) in 2024.
The figure is up 47.6% on the previous year and up 40.9% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Argentina peaked at 30.25 billion TDS, current US$ in 2017 and was at its lowest, 442.76 million TDS, current US$, in 1971.
Argentina ranks 10th of 123 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed … PPG in Argentina, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1970 | 472.42 million TDS, current US$ | — |
| 1971 | 442.76 million TDS, current US$ | -6.3% |
| 1972 | 487.41 million TDS, current US$ | +10.1% |
| 1973 | 678.45 million TDS, current US$ | +39.2% |
| 1974 | 810.83 million TDS, current US$ | +19.5% |
| 1975 | 806.54 million TDS, current US$ | -0.5% |
| 1976 | 889.63 million TDS, current US$ | +10.3% |
| 1977 | 1.06 billion TDS, current US$ | +19.4% |
| 1978 | 2.14 billion TDS, current US$ | +101.3% |
| 1979 | 1.49 billion TDS, current US$ | -30.3% |
| 1980 | 2.07 billion TDS, current US$ | +38.7% |
| 1981 | 2.17 billion TDS, current US$ | +5.2% |
| 1982 | 2.34 billion TDS, current US$ | +7.7% |
| 1983 | 2.47 billion TDS, current US$ | +5.4% |
| 1984 | 2.60 billion TDS, current US$ | +5.4% |
| 1985 | 4.29 billion TDS, current US$ | +64.8% |
| 1986 | 4.73 billion TDS, current US$ | +10.2% |
| 1987 | 4.65 billion TDS, current US$ | -1.7% |
| 1988 | 3.78 billion TDS, current US$ | -18.7% |
| 1989 | 2.79 billion TDS, current US$ | -26.1% |
| 1990 | 4.84 billion TDS, current US$ | +73.1% |
| 1991 | 3.78 billion TDS, current US$ | -21.9% |
| 1992 | 3.23 billion TDS, current US$ | -14.5% |
| 1993 | 4.45 billion TDS, current US$ | +37.7% |
| 1994 | 3.61 billion TDS, current US$ | -18.7% |
| 1995 | 5.25 billion TDS, current US$ | +45.4% |
| 1996 | 7.00 billion TDS, current US$ | +33.2% |
| 1997 | 9.34 billion TDS, current US$ | +33.5% |
| 1998 | 9.61 billion TDS, current US$ | +2.9% |
| 1999 | 11.74 billion TDS, current US$ | +22.2% |
| 2000 | 14.08 billion TDS, current US$ | +19.9% |
| 2001 | 9.99 billion TDS, current US$ | -29.0% |
| 2002 | 3.58 billion TDS, current US$ | -64.2% |
| 2003 | 6.83 billion TDS, current US$ | +91.0% |
| 2004 | 2.58 billion TDS, current US$ | -62.2% |
| 2005 | 3.18 billion TDS, current US$ | +23.0% |
| 2006 | 4.00 billion TDS, current US$ | +26.0% |
| 2007 | 5.01 billion TDS, current US$ | +25.1% |
| 2008 | 5.87 billion TDS, current US$ | +17.2% |
| 2009 | 7.62 billion TDS, current US$ | +29.8% |
| 2010 | 8.73 billion TDS, current US$ | +14.6% |
| 2011 | 7.82 billion TDS, current US$ | -10.5% |
| 2012 | 6.10 billion TDS, current US$ | -21.9% |
| 2013 | 7.42 billion TDS, current US$ | +21.5% |
| 2014 | 10.11 billion TDS, current US$ | +36.3% |
| 2015 | 11.51 billion TDS, current US$ | +13.9% |
| 2016 | 17.67 billion TDS, current US$ | +53.5% |
| 2017 | 30.25 billion TDS, current US$ | +71.2% |
| 2018 | 26.78 billion TDS, current US$ | -11.5% |
| 2019 | 28.18 billion TDS, current US$ | +5.2% |
| 2020 | 10.68 billion TDS, current US$ | -62.1% |
| 2021 | 5.76 billion TDS, current US$ | -46.1% |
| 2022 | 8.00 billion TDS, current US$ | +38.9% |
| 2023 | 9.65 billion TDS, current US$ | +20.7% |
| 2024 | 14.25 billion TDS, current US$ | +47.6% |
Argentina compared with similar countries
- Argentina's 14.25 billion TDS, current US$ is above the median for upper middle income countries, which is 1.13 billion TDS, current US$, 12.6× the median. (52 countries reporting)
- Argentina's 14.25 billion TDS, current US$ is above the median for Latin America & Caribbean, which is 1.12 billion TDS, current US$, 12.7× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 927.87 million TDS, current US$ | 442.76 million TDS, current US$ | 2.14 billion TDS, current US$ | 10 |
| 1980s | 3.19 billion TDS, current US$ | 2.07 billion TDS, current US$ | 4.73 billion TDS, current US$ | 10 |
| 1990s | 6.28 billion TDS, current US$ | 3.23 billion TDS, current US$ | 11.74 billion TDS, current US$ | 10 |
| 2000s | 6.28 billion TDS, current US$ | 2.58 billion TDS, current US$ | 14.08 billion TDS, current US$ | 10 |
| 2010s | 15.46 billion TDS, current US$ | 6.10 billion TDS, current US$ | 30.25 billion TDS, current US$ | 10 |
| 2020s | 9.67 billion TDS, current US$ | 5.76 billion TDS, current US$ | 14.25 billion TDS, current US$ | 5 |
Countries ranked near Argentina
More external debt data for Argentina
- Net financial flows, IBRD 2.10 billion NFL, current US$ (2025)
- 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)
- Use of IMF credit 64.18 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 116.31 billion DOD, current US$ (2025)
- External debt stocks, long-term 165.84 billion DOD, current US$ (2025)
- External debt stocks, short-term 31.63 billion DOD, current US$ (2025)
- Short-term debt 12.1% (2025)
- Net financial flows, IBRD (NFL, current US$), annual growth rate 25.43 % change on previous year (2024)
Frequently asked questions
- What is debt service on external debt, public and publicly guaranteed (ppg) in Argentina?
- Debt service on external debt, public and publicly guaranteed (ppg) in Argentina was 14.25 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Argentina?
- The highest recorded value was 30.25 billion TDS, current US$ in 2017.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Argentina?
- The lowest recorded value was 442.76 million TDS, current US$ in 1971.
- How does Argentina rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Argentina ranks 10th out of 123 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 40.9%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Data are in current U.S. dollars.