Public and publicly guaranteed debt service in Argentina
Argentina: Public and publicly guaranteed debt service was 13.8% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Argentina, 1976–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, public and publicly guaranteed debt service in Argentina stood at 13.8%.
That represents a change of up 28.5% on the previous year and up 15.2% over ten years.
Over the whole period, public and publicly guaranteed debt service in Argentina peaked at 55.3% in 1987 and was at its lowest, 5.9%, in 2004.
Argentina ranks 21st of 120 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service in Argentina, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1976 | 19.0% | — |
| 1977 | 15.8% | -16.9% |
| 1978 | 27.3% | +73.1% |
| 1979 | 15.0% | -44.9% |
| 1980 | 18.4% | +22.7% |
| 1981 | 18.4% | -0.2% |
| 1982 | 24.0% | +30.3% |
| 1983 | 25.3% | +5.3% |
| 1984 | 26.3% | +3.9% |
| 1985 | 41.5% | +58.1% |
| 1986 | 53.5% | +28.8% |
| 1987 | 55.3% | +3.4% |
| 1988 | 33.3% | -39.8% |
| 1989 | 23.2% | -30.3% |
| 1990 | 29.0% | +25.2% |
| 1991 | 23.4% | -19.4% |
| 1992 | 18.2% | -22.2% |
| 1993 | 23.6% | +29.8% |
| 1994 | 15.8% | -33.0% |
| 1995 | 17.9% | +13.2% |
| 1996 | 21.3% | +18.8% |
| 1997 | 25.6% | +20.2% |
| 1998 | 25.7% | +0.5% |
| 1999 | 34.5% | +34.1% |
| 2000 | 36.4% | +5.7% |
| 2001 | 27.4% | -24.8% |
| 2002 | 11.1% | -59.3% |
| 2003 | 18.3% | +63.7% |
| 2004 | 5.9% | -67.4% |
| 2005 | 6.2% | +4.5% |
| 2006 | 6.7% | +7.1% |
| 2007 | 6.9% | +3.6% |
| 2008 | 6.7% | -2.2% |
| 2009 | 10.9% | +62.0% |
| 2010 | 10.4% | -4.6% |
| 2011 | 7.8% | -25.5% |
| 2012 | 6.3% | -18.5% |
| 2013 | 8.1% | +27.5% |
| 2014 | 12.0% | +48.6% |
| 2015 | 15.9% | +32.8% |
| 2016 | 23.8% | +49.7% |
| 2017 | 38.7% | +62.5% |
| 2018 | 32.1% | -17.0% |
| 2019 | 32.7% | +1.7% |
| 2020 | 15.7% | -52.1% |
| 2021 | 6.4% | -59.2% |
| 2022 | 7.5% | +16.9% |
| 2023 | 10.7% | +43.7% |
| 2024 | 13.8% | +28.5% |
Argentina compared with similar countries
- Argentina's 13.8% is above the median for upper middle income countries, which is 7.4%, 1.9× the median. (51 countries reporting)
- Argentina's 13.8% is above the median for Latin America & Caribbean, which is 9.7%, 1.4× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.3% | 15.0% | 27.3% | 4 |
| 1980s | 31.9% | 18.4% | 55.3% | 10 |
| 1990s | 23.5% | 15.8% | 34.5% | 10 |
| 2000s | 13.7% | 5.9% | 36.4% | 10 |
| 2010s | 18.8% | 6.3% | 38.7% | 10 |
| 2020s | 10.8% | 6.4% | 15.7% | 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)
- 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)
- External debt stocks, public and publicly guaranteed (PPG) 110.61 billion DOD, current US$ (2024)
Frequently asked questions
- What is public and publicly guaranteed debt service in Argentina?
- Public and publicly guaranteed debt service in Argentina was 13.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Argentina?
- The highest recorded value was 55.3% in 1987.
- What is the lowest public and publicly guaranteed debt service recorded in Argentina?
- The lowest recorded value was 5.9% in 2004.
- How does Argentina rank for public and publicly guaranteed debt service?
- Argentina ranks 21st out of 120 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Argentina?
- Over the last ten years it is up 15.2%. 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 Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to exports of goods, services, and income. 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. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.