Public and publicly guaranteed debt service in Argentina
Argentina: Public and publicly guaranteed debt service was 2.3% in 2024. ▲ Rising
Public and publicly guaranteed debt service in Argentina, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for public and publicly guaranteed debt service in Argentina is 2.3%, measured in 2024.
That represents a change of up 50.0% on the previous year and up 16.2% over ten years.
Over the whole period, public and publicly guaranteed debt service in Argentina peaked at 6.6% in 2019 and was at its lowest, 1.1%, in 1974.
Argentina ranks 55th of 123 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.
Public and publicly guaranteed debt service in Argentina, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 1.6% | — |
| 1971 | 1.3% | -15.3% |
| 1972 | 1.4% | +8.3% |
| 1973 | 1.3% | -9.7% |
| 1974 | 1.1% | -13.3% |
| 1975 | 1.5% | +36.0% |
| 1976 | 1.7% | +14.5% |
| 1977 | 1.9% | +8.5% |
| 1978 | 2.4% | +28.1% |
| 1979 | 2.2% | -10.2% |
| 1980 | 2.7% | +24.7% |
| 1981 | 2.8% | +4.5% |
| 1982 | 3.0% | +4.4% |
| 1983 | 2.5% | -14.9% |
| 1984 | 2.3% | -6.7% |
| 1985 | 5.1% | +119.1% |
| 1986 | 4.7% | -9.0% |
| 1987 | 4.5% | -4.2% |
| 1988 | 3.1% | -30.5% |
| 1989 | 4.0% | +27.8% |
| 1990 | 3.6% | -10.1% |
| 1991 | 2.1% | -42.6% |
| 1992 | 1.4% | -30.0% |
| 1993 | 1.9% | +32.2% |
| 1994 | 1.4% | -25.1% |
| 1995 | 2.1% | +45.6% |
| 1996 | 2.6% | +26.5% |
| 1997 | 3.3% | +24.1% |
| 1998 | 3.3% | +1.2% |
| 1999 | 4.3% | +29.0% |
| 2000 | 5.1% | +19.7% |
| 2001 | 3.8% | -24.8% |
| 2002 | 3.9% | +0.7% |
| 2003 | 5.6% | +44.7% |
| 2004 | 1.8% | -68.4% |
| 2005 | 1.8% | +2.2% |
| 2006 | 1.8% | -1.3% |
| 2007 | 1.8% | +0.5% |
| 2008 | 1.7% | -6.9% |
| 2009 | 2.4% | +41.8% |
| 2010 | 2.1% | -9.6% |
| 2011 | 1.5% | -28.9% |
| 2012 | 1.1% | -24.6% |
| 2013 | 1.4% | +19.9% |
| 2014 | 2.0% | +42.8% |
| 2015 | 2.0% | +0.6% |
| 2016 | 3.2% | +64.3% |
| 2017 | 4.8% | +48.9% |
| 2018 | 5.3% | +9.7% |
| 2019 | 6.6% | +23.8% |
| 2020 | 2.8% | -56.5% |
| 2021 | 1.2% | -57.5% |
| 2022 | 1.3% | +6.4% |
| 2023 | 1.5% | +18.2% |
| 2024 | 2.3% | +50.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.6% | 1.1% | 2.4% | 10 |
| 1980s | 3.5% | 2.3% | 5.1% | 10 |
| 1990s | 2.6% | 1.4% | 4.3% | 10 |
| 2000s | 3.0% | 1.7% | 5.6% | 10 |
| 2010s | 3.0% | 1.1% | 6.6% | 10 |
| 2020s | 1.8% | 1.2% | 2.8% | 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)
- 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)
- 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 2.3% 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 6.6% in 2019.
- What is the lowest public and publicly guaranteed debt service recorded in Argentina?
- The lowest recorded value was 1.1% in 1974.
- How does Argentina rank for public and publicly guaranteed debt service?
- Argentina ranks 55th out of 123 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 16.2%. The long-run trend across the full record is rising.
- 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 GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national 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. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.