Debt service (PPG and IMF only, % of exports of goods, services and) in Argentina
Argentina: Debt service (PPG and IMF only, % of exports of goods, services and) was 21.4% in 2024. ◆ Volatile
Debt service (PPG and IMF only, % of exports of goods, services and) in Argentina, 1976–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
In 2024, debt service (ppg and imf only, % of exports of goods, services and) in Argentina stood at 21.4%.
Compared with earlier readings it is down 37.2% on the previous year and up 79.0% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Argentina peaked at 66.6% in 1986 and was at its lowest, 6.3%, in 2012.
Argentina ranks 11th of 118 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 (PPG and IMF only, % of exports of goods, services and) in Argentina, year by year
| Year | Value | Change |
|---|---|---|
| 1976 | 20.9% | — |
| 1977 | 18.0% | -14.2% |
| 1978 | 33.9% | +88.8% |
| 1979 | 15.0% | -55.7% |
| 1980 | 18.4% | +22.7% |
| 1981 | 18.4% | -0.2% |
| 1982 | 24.0% | +30.3% |
| 1983 | 25.8% | +7.4% |
| 1984 | 38.0% | +47.6% |
| 1985 | 43.8% | +15.2% |
| 1986 | 66.6% | +52.0% |
| 1987 | 65.3% | -2.0% |
| 1988 | 40.0% | -38.8% |
| 1989 | 31.4% | -21.3% |
| 1990 | 34.9% | +11.0% |
| 1991 | 31.0% | -11.1% |
| 1992 | 24.3% | -21.7% |
| 1993 | 26.8% | +10.2% |
| 1994 | 18.5% | -30.8% |
| 1995 | 20.5% | +10.6% |
| 1996 | 23.4% | +14.2% |
| 1997 | 27.7% | +18.1% |
| 1998 | 28.2% | +1.8% |
| 1999 | 37.5% | +33.2% |
| 2000 | 40.3% | +7.4% |
| 2001 | 31.8% | -21.1% |
| 2002 | 15.6% | -51.0% |
| 2003 | 35.0% | +124.1% |
| 2004 | 19.9% | -43.1% |
| 2005 | 14.2% | -28.6% |
| 2006 | 23.1% | +62.5% |
| 2007 | 6.9% | -70.1% |
| 2008 | 6.7% | -2.5% |
| 2009 | 10.9% | +62.0% |
| 2010 | 10.4% | -4.6% |
| 2011 | 7.8% | -25.6% |
| 2012 | 6.3% | -18.5% |
| 2013 | 8.1% | +27.6% |
| 2014 | 12.0% | +48.5% |
| 2015 | 15.9% | +32.8% |
| 2016 | 23.8% | +49.7% |
| 2017 | 38.7% | +62.5% |
| 2018 | 32.3% | -16.5% |
| 2019 | 34.1% | +5.6% |
| 2020 | 17.6% | -48.4% |
| 2021 | 12.1% | -31.3% |
| 2022 | 24.9% | +105.7% |
| 2023 | 34.1% | +37.2% |
| 2024 | 21.4% | -37.2% |
Argentina compared with similar countries
- Argentina's 21.4% is above the median for upper middle income countries, which is 7.8%, 2.7× the median. (50 countries reporting)
- Argentina's 21.4% is above the median for Latin America & Caribbean, which is 10.0%, 2.1× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.0% | 15.0% | 33.9% | 4 |
| 1980s | 37.2% | 18.4% | 66.6% | 10 |
| 1990s | 27.3% | 18.5% | 37.5% | 10 |
| 2000s | 20.4% | 6.7% | 40.3% | 10 |
| 2010s | 18.9% | 6.3% | 38.7% | 10 |
| 2020s | 22.0% | 12.1% | 34.1% | 5 |
Countries ranked near Argentina
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 (ppg and imf only, % of exports of goods, services and) in Argentina?
- Debt service (ppg and imf only, % of exports of goods, services and) in Argentina was 21.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Argentina?
- The highest recorded value was 66.6% in 1986.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Argentina?
- The lowest recorded value was 6.3% in 2012.
- How does Argentina rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Argentina ranks 11th out of 118 countries with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Argentina?
- Over the last ten years it is up 79.0%. 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 (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.