Short-term debt in Argentina
Argentina: Short-term debt was 20.0% in 2024. ▲ Rising
Short-term debt in Argentina, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
Argentina recorded 20.0% for short-term debt in 2024.
Compared with earlier readings it is down 8.1% on the previous year and down 9.0% over ten years.
Over the whole period, short-term debt in Argentina peaked at 38.0% in 1980 and was at its lowest, 6.0%, in 1987.
That places Argentina 27th out of 121 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Short-term debt in Argentina, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 10.8% | — |
| 1971 | 10.8% | -0.3% |
| 1972 | 10.8% | -0.0% |
| 1973 | 10.8% | -0.4% |
| 1974 | 10.8% | -0.1% |
| 1975 | 10.7% | -0.1% |
| 1976 | 10.7% | -0.1% |
| 1977 | 23.3% | +117.3% |
| 1978 | 25.4% | +8.8% |
| 1979 | 32.6% | +28.6% |
| 1980 | 38.0% | +16.4% |
| 1981 | 36.1% | -5.1% |
| 1982 | 37.7% | +4.6% |
| 1983 | 19.3% | -48.8% |
| 1984 | 21.8% | +13.0% |
| 1985 | 13.2% | -39.8% |
| 1986 | 8.4% | -36.4% |
| 1987 | 6.0% | -28.1% |
| 1988 | 9.7% | +61.0% |
| 1989 | 13.0% | +34.2% |
| 1990 | 16.7% | +28.5% |
| 1991 | 20.6% | +23.4% |
| 1992 | 23.6% | +14.3% |
| 1993 | 13.4% | -43.3% |
| 1994 | 9.5% | -28.6% |
| 1995 | 21.6% | +126.4% |
| 1996 | 21.1% | -2.2% |
| 1997 | 24.9% | +18.0% |
| 1998 | 21.9% | -12.3% |
| 1999 | 19.4% | -11.5% |
| 2000 | 18.9% | -2.5% |
| 2001 | 13.1% | -30.6% |
| 2002 | 10.0% | -23.7% |
| 2003 | 13.7% | +36.9% |
| 2004 | 15.8% | +15.4% |
| 2005 | 26.8% | +69.5% |
| 2006 | 23.8% | -11.3% |
| 2007 | 15.9% | -33.1% |
| 2008 | 15.0% | -5.7% |
| 2009 | 14.4% | -3.7% |
| 2010 | 13.0% | -10.2% |
| 2011 | 18.0% | +39.0% |
| 2012 | 18.1% | +0.2% |
| 2013 | 24.4% | +35.3% |
| 2014 | 22.0% | -9.8% |
| 2015 | 33.5% | +52.2% |
| 2016 | 22.6% | -32.7% |
| 2017 | 24.6% | +8.8% |
| 2018 | 24.4% | -0.7% |
| 2019 | 23.9% | -2.1% |
| 2020 | 16.7% | -30.2% |
| 2021 | 17.8% | +6.6% |
| 2022 | 19.8% | +11.5% |
| 2023 | 21.8% | +10.0% |
| 2024 | 20.0% | -8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.7% | 10.7% | 32.6% | 10 |
| 1980s | 20.3% | 6.0% | 38.0% | 10 |
| 1990s | 19.3% | 9.5% | 24.9% | 10 |
| 2000s | 16.7% | 10.0% | 26.8% | 10 |
| 2010s | 22.4% | 13.0% | 33.5% | 10 |
| 2020s | 19.2% | 16.7% | 21.8% | 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)
- 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 short-term debt in Argentina?
- Short-term debt in Argentina was 20.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Argentina?
- The highest recorded value was 38.0% in 1980.
- What is the lowest short-term debt recorded in Argentina?
- The lowest recorded value was 6.0% in 1987.
- How does Argentina rank for short-term debt?
- Argentina ranks 27th out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Argentina?
- Over the last ten years it is down 9.0%. 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 Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.