Argentina External Debt: % of GDP

1994 - 2024 | Yearly | % | CEIC Data

Key information about Argentina External Debt: % of GDP

  • Argentina External Debt accounted for 43.5 % of the country's Nominal GDP in 2024, compared with the ratio of 44.5 % in the previous year.
  • Argentina External Debt: % of Nominal GDP data is updated yearly, available from Dec 1994 to Dec 2024.
  • The data reached an all-time high of 152.3 % in Dec 2002 and a record low of 25.5 % in Dec 2013.

CEIC calculates External Debt as % of Nominal GDP from annual External Debt and quarterly Nominal GDP. The National Institute of Statistics and Censuses provides External Debt in USD based on BPM6 and annualized Nominal GDP in local currency. The Central Bank of Argentina average market exchange rate is used for currency conversions. External Debt prior to 2006 is based on BPM5.


Related information about Argentina External Debt: % of GDP

  • In the latest reports of Argentina, Current Account recorded a deficit of 3.0 USD bn in Jun 2025.
  • Foreign Direct Investment (FDI) increased by 2.9 USD bn in Jun 2025.
  • Argentina Direct Investment Abroad expanded by 637.6 USD mn in Jun 2025.
  • Its Foreign Portfolio Investment increased by 1.1 USD bn in Jun 2025.
  • The country's External Debt reached 305,042.7 in Jun 2025.
  • The country's Nominal GDP was reported at 182.5 USD bn in Jun 2025.

View Argentina's External Debt: % of GDP from 1994 to 2024 in the chart:

Argentina External Debt: % of GDP

What was Argentina's External Debt: % of GDP in 2024?

Argentina External Debt accounted for 43.5 % of the country's Nominal GDP in 2024, compared with the ratio of 44.5 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
43.5 2024 44.5 2023 25.5 2013 152.3 2002 % yearly 1994 - 2024

External Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 40.5 2024 yearly 1991 - 2024
Algeria (%) 1.1 2024 yearly 1970 - 2024
Argentina (%) 43.5 2024 yearly 1994 - 2024
Armenia (%) 62.9 2024 yearly 2000 - 2024
Australia (%) 112.8 2024 yearly 1988 - 2024
Austria (%) 154.5 2024 yearly 1997 - 2024
Azerbaijan (%) 14.9 Dec 2021 quarterly Dec 2001 - Dec 2021
Bangladesh (%) 11.4 2017 yearly 1997 - 2017
Belarus (%) 46.0 Jun 2025 quarterly Dec 2000 - Jun 2025
Belgium (%) 242.6 2024 yearly 2007 - 2024
Bolivia (%) 33.0 2024 yearly 2006 - 2024
Bosnia and Herzegovina (%) 17.0 2024 yearly 1999 - 2024
Botswana (%) 7.8 2025 yearly 1995 - 2025
Brazil (%) 27.6 2024 yearly 1992 - 2024
Bulgaria (%) 47.6 2024 yearly 1999 - 2024
Cambodia (%) 45.4 2024 yearly 2010 - 2024
Canada (%) 146.4 2024 yearly 1990 - 2024
Chile (%) 74.2 2024 yearly 1971 - 2024
China (%) 12.9 2024 yearly 1985 - 2024
Colombia (%) 51.3 2024 yearly 1970 - 2024
Croatia (%) 74.3 2022 yearly 1998 - 2022
Cyprus (%) 674.2 2024 yearly 2004 - 2024
Czech Republic (%) 65.4 2024 yearly 1995 - 2024
Denmark (%) 142.2 2024 yearly 2005 - 2024
Ecuador (%) 47.8 2024 yearly 1970 - 2024
Egypt (%) 44.2 Jun 2025 quarterly Jun 1999 - Jun 2025
Estonia (%) 97.8 2024 yearly 1996 - 2024
European Union (%) 109.7 2024 yearly 2008 - 2024
Finland (%) 203.5 2024 yearly 1991 - 2024
France (%) 250.2 2024 yearly 2004 - 2024
Georgia (%) 73.6 2024 yearly 1999 - 2024
Germany (%) 147.6 2024 yearly 1999 - 2024
Ghana (%) 34.4 2024 yearly 1999 - 2024
Greece (%) 243.2 2024 yearly 2003 - 2024
Hong Kong SAR, China (%) 467.1 2024 yearly 2001 - 2024
Hungary (%) 142.9 2024 yearly 2006 - 2024
Iceland (%) 71.9 2024 yearly 1989 - 2024
India (%) 19.1 2025 yearly 1970 - 2025
Indonesia (%) 30.4 2024 yearly 2003 - 2024
Iran (%) 0.8 2025 yearly 1994 - 2025
Ireland (%) 544.0 2024 yearly 2002 - 2024
Israel (%) 27.2 2024 yearly 1998 - 2024
Italy (%) 120.8 2024 yearly 2002 - 2024
Ivory Coast (%) 34.4 2022 yearly 1994 - 2022
Japan (%) 112.7 2024 yearly 2003 - 2024
Jordan (%) 80.3 2024 yearly 1970 - 2024
Kazakhstan (%) 59.2 Jun 2025 quarterly Mar 2002 - Jun 2025
Kenya (%) 31.2 2024 yearly 2006 - 2024
South Korea (%) 35.9 2024 yearly 1994 - 2024
Kosovo (%) 40.7 2024 yearly 2007 - 2024
Kuwait (%) 41.5 2024 yearly 2014 - 2024
Kyrgyzstan (%) 70.8 2024 yearly 2003 - 2024
Laos (%) 68.7 2024 yearly 1996 - 2024
Latvia (%) 104.4 Sep 2025 quarterly Mar 2000 - Sep 2025
Lebanon (%) 17.4 2023 yearly 2007 - 2023
Lithuania (%) 77.4 2024 yearly 1996 - 2024
Luxembourg (%) 4,148.6 2024 yearly 2002 - 2024
North Macedonia (%) 79.2 2024 yearly 2004 - 2024
Malawi (%) 60.1 2021 yearly 2006 - 2021
Malaysia (%) 69.9 2024 yearly 2009 - 2024
Malta (%) 836.7 2024 yearly 2004 - 2024
Mauritius (%) 1,221.8 2024 yearly 2009 - 2024
Mexico (%) 32.2 2024 yearly 2002 - 2024
Moldova (%) 56.7 2024 yearly 2000 - 2024
Mongolia (%) 157.9 2024 yearly 1992 - 2024
Montenegro (%) 112.7 2023 yearly 2006 - 2023
Morocco (%) 50.8 2022 yearly 1970 - 2022
Mozambique (%) 49.2 2023 yearly 1985 - 2023
Myanmar (%) 18.9 2023 yearly 2018 - 2023
Nepal (%) 17.3 2016 yearly 2001 - 2016
Netherlands (%) 349.4 2024 yearly 2003 - 2024
New Zealand (%) 94.7 2024 yearly 1993 - 2024
Nigeria (%) 18.6 2024 yearly 1985 - 2024
Norway (%) 155.3 2024 yearly 2003 - 2024
Pakistan (%) 33.1 2025 yearly 2000 - 2025
Palestinian Territory (%) 15.3 2024 yearly 2012 - 2024
Panama (%) 169.8 2021 yearly 2014 - 2021
Paraguay (%) 58.8 2024 yearly 2000 - 2024
Peru (%) 36.7 2024 yearly 1980 - 2024
Philippines (%) 29.8 2024 yearly 1990 - 2024
Poland (%) 51.8 2024 yearly 1995 - 2024
Portugal (%) 144.8 2024 yearly 1996 - 2024
Qatar (%) 106.1 2018 yearly 2000 - 2018
Romania (%) 57.5 2024 yearly 1995 - 2024
Russia (%) 13.3 2024 yearly 1993 - 2024
Serbia (%) 60.5 2024 yearly 2000 - 2024
Singapore (%) 407.1 2024 yearly 2003 - 2024
Slovakia (%) 100.9 2024 yearly 1995 - 2024
Slovenia (%) 87.9 2024 yearly 1995 - 2024
South Africa (%) 42.0 2024 yearly 1985 - 2024
Spain (%) 162.5 2024 yearly 1995 - 2024
Sri Lanka (%) 75.0 2022 yearly 1998 - 2022
Sudan (%) 202.2 2021 yearly 2001 - 2021
Sweden (%) 168.1 2024 yearly 1997 - 2024
Switzerland (%) 233.9 2024 yearly 1999 - 2024
Taiwan (%) 27.4 2024 yearly 1999 - 2024
Tajikistan (%) 37.7 2021 yearly 2000 - 2021
Thailand (%) 35.5 Jun 2025 quarterly Mar 2005 - Jun 2025
Tunisia (%) 83.8 2024 yearly 2002 - 2024
Turkey (%) 38.2 2024 yearly 1989 - 2024

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Argentina Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.3 Jun 2025 quarterly Dec 2004 - Jun 2025
Consolidated Fiscal Balance (USD mn) 359.919 Oct 2025 monthly Jan 1993 - Oct 2025
Tax Revenue (USD mn) 7,648.268 Nov 2025 monthly Jan 1997 - Nov 2025
Tax Revenue: % of GDP (%) 14.8 Jun 2025 quarterly Mar 2004 - Jun 2025
National Government Debt (USD mn) 465,353.1 Jun 2025 quarterly Dec 1994 - Jun 2025
Government Debt: % of GDP (%) 73.3 Jun 2025 quarterly Dec 2004 - Jun 2025
Forecast: Government Expenditure (ARS bn) 527,411.583 2030 yearly 1993 - 2030
Forecast: Government Net Debt (ARS bn) 935,916.833 2030 yearly 1992 - 2030
Forecast: Government Revenue (ARS bn) 540,015.956 2030 yearly 1993 - 2030
Government Revenue: Taxes: Net Vat (ARS mn) 5,461,512.696 Nov 2025 monthly Jan 1997 - Nov 2025
Government Revenue: Social Security (ARS mn) 3,825,860.910 Nov 2025 monthly Jan 1997 - Nov 2025
NFPS 2017: Total Revenue (ARS mn) 11,100,491.800 Jan 2025 monthly Jan 2015 - Jan 2025
Non Financial Public Sector (NFPS) 2017: Total Balance (ARS mn) 599,753.200 Jan 2025 monthly Jan 2015 - Jan 2025
NFPS 2017: Current Revenue (ARS mn) 11,100,431.700 Jan 2025 monthly Jan 2015 - Jan 2025
NFPS 2017: Current Expenditure (ARS mn) 10,331,070.300 Jan 2025 monthly Jan 2015 - Jan 2025
NFPS 2017: Total Expenditure (ARS mn) 10,500,738.600 Jan 2025 monthly Jan 2015 - Jan 2025
NFPS 2017: Capital Expenditure (ARS mn) 169,668.300 Jan 2025 monthly Jan 2015 - Jan 2025
Government Revenue: Taxes (ARS mn) 187,540.45 Jul 2018 monthly Jan 1997 - Jul 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.933 2028 yearly 1980 - 2028
Trade Balance (USD mn) 775.0 Oct 2025 monthly Jan 1991 - Oct 2025
Total Exports (USD mn) 7,495.3 Oct 2025 monthly Jan 1991 - Oct 2025
Total Exports Growth (%) 9.3 Oct 2025 monthly Jan 1992 - Oct 2025
Aluminum: Exports (USD th) 2,077.905 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 468,925.080 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 58,673.181 2024 yearly 1995 - 2024
Total Imports (USD mn) 6,720.3 Oct 2025 monthly Jan 1991 - Oct 2025
Total Imports Growth (%) 16.4 Oct 2025 monthly Jan 1992 - Oct 2025
Imports: Medicament (USD th) 1,250,723.052 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 1,428,643.832 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 852.952 Oct 2025 monthly Dec 1995 - Oct 2025
Total Imports from USA (USD mn) 531.238 Oct 2025 monthly Dec 1995 - Oct 2025
Total Exports to China (USD mn) 1,158.511 Oct 2025 monthly Jan 2003 - Oct 2025
Total Imports from China (USD mn) 1,861.316 Oct 2025 monthly Apr 1983 - Oct 2025
Exports: fob: Primary Products: Cereals (USD mn) 8,705.911 2023 yearly 1989 - 2023
Exports: fob: Industrial: Chemicals & Related Products (USD mn) 4,286.131 2023 yearly 1989 - 2023
Exports: fob: Industrial: Transport Material (USD mn) 8,350.345 2023 yearly 1989 - 2023
Exports: fob: Agricultural: Residues & Waste from Food Industry (USD mn) 9,022.071 2023 yearly 1989 - 2023
Exports: fob: Agricultural: Fats and Oils (USD mn) 5,821.010 2023 yearly 1989 - 2023
Export Value Index (2015=100) 137.248 2021 yearly 1980 - 2021
Import Value Index (2015=100) 104.950 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 637.6 Jun 2025 quarterly Mar 1992 - Jun 2025
Current Account Balance (USD mn) -3,015.7 Jun 2025 quarterly Mar 1976 - Jun 2025
Current Account Balance: % of GDP (%) -1.7 Jun 2025 quarterly Mar 2004 - Jun 2025
Foreign Direct Investment (USD mn) 2,865.1 Jun 2025 quarterly Mar 1977 - Jun 2025
Foreign Direct Investment: % of GDP (%) 1.6 Jun 2025 quarterly Mar 2004 - Jun 2025
Foreign Portfolio Investment (USD mn) 1,074.495 Jun 2025 quarterly Mar 1994 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 0.6 Jun 2025 quarterly Mar 1994 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -758.9 Jun 2025 quarterly Mar 1994 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 1,833.432 Jun 2025 quarterly Mar 1994 - Jun 2025
External Debt (USD mn) 305,042.7 Jun 2025 quarterly Mar 2006 - Jun 2025
External Debt: % of GDP (%) 43.5 2024 yearly 1994 - 2024
External Debt: Short Term (USD mn) 85,241.2 Jun 2025 quarterly Sep 2003 - Jun 2025
External Debt: Short Term: % of GDP (%) 13.1 2024 yearly 2003 - 2024
Forecast: Current Account Balance (USD bn) 9.498 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 18,295.500 Jun 2025 quarterly Mar 2016 - Jun 2025
BoP: FA: Assets: Financial Derivatives (USD mn) -8.156 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: Financial Account: Other Investments (USD mn) 2,156.622 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: Current Account: Services: Import (USD mn) 5,998.348 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: FA: Liabilities: Financial Derivatives (USD mn) -26.385 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: Financial Account: Direct Invt: NIL: Debt Securities (USD mn) 658.550 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: Financial Account: Direct Invt: NIL: Equity Investments & Investment Fund S... (USD mn) 1,823.173 Sep 2024 quarterly Mar 2006 - Sep 2024
Foreign Direct Investment (USD mn) 2,395.434 Sep 2024 quarterly Mar 2017 - Sep 2024
Foreign Direct Investment: Deposit-taking Corporations, except Central Bank (USD mn) 871.099 Sep 2024 quarterly Mar 2017 - Sep 2024
Foreign Direct Investment: Wholesale, Retail Trade & Repair of Motor Vehicles & ... (USD mn) -184.109 Sep 2024 quarterly Mar 2017 - Sep 2024
Foreign Direct Investment: Mining & Quarrying (USD mn) 718.119 Sep 2024 quarterly Mar 2017 - Sep 2024
Foreign Direct Investment: Manufacturing (USD mn) 371.240 Sep 2024 quarterly Mar 2017 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.2 Sep 2025 monthly Dec 2002 - Sep 2025
Household Debt: % of GDP (%) 6.3 Jun 2025 quarterly Dec 2004 - Jun 2025
Money Supply M1 (USD mn) 35,941.524 Sep 2025 monthly Jan 1990 - Sep 2025
Money Supply M2 (USD mn) 85,204.707 Sep 2025 monthly Jan 1990 - Sep 2025
M2 Growth (%) 37.9 Sep 2025 monthly Jan 1991 - Sep 2025
Reserve Requirement Ratio (%) 39.6 Jul 2025 monthly Apr 1985 - Jul 2025
Foreign Exchange Reserves (USD mn) 30,663.2 Oct 2025 monthly Dec 1956 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 4.697 Jun 2025 quarterly Dec 2004 - Jun 2025
Foreign Exchange Reserves: Months of Import (NA) 4.3 Oct 2025 monthly Jan 1990 - Oct 2025
Gold Reserves (USD mn) 7,934.400 Oct 2025 monthly Dec 1956 - Oct 2025
Total Deposits (USD mn) 87,892.541 Nov 2025 monthly Jul 2002 - Nov 2025
Total Deposits Growth (%) 39.9 Nov 2025 monthly Jul 2003 - Nov 2025
Domestic Credit (USD mn) 206,063.2 Sep 2025 monthly Jan 1990 - Sep 2025
Domestic Credit Growth (%) 66.1 Sep 2025 monthly Jan 1991 - Sep 2025
Credit to Households (USD bn) 30.992 Mar 2025 quarterly Mar 1994 - Mar 2025
Credit to Private Non-Financial Sector (USD bn) 145.513 Mar 2025 quarterly Mar 1990 - Mar 2025
Household Debt (USD mn) 37,896.6 Sep 2025 monthly Dec 1999 - Sep 2025
Total Loans (USD mn) 225,371.562 Sep 2025 monthly Jan 1990 - Sep 2025
Total Loans Growth (%) 57.81 Sep 2025 monthly Jan 1991 - Sep 2025
Private Debt: % of Nominal GDP (%) 13.08 Jun 2025 quarterly Dec 2004 - Jun 2025
Money Supply: Month End: M3 (ARS th) 152,173,589,134.000 Dec 2024 monthly Jan 1990 - Dec 2024
Money Supply: Month End: M1 (ARS th) 46,733,323,316.000 Dec 2024 monthly Jan 1990 - Dec 2024
Money Supply: Month End: M2 (ARS th) 101,280,342,625.000 Dec 2024 monthly Jan 1990 - Dec 2024
Official Reserve Assets (ORA) (USD mn) 28,309.770 Jan 2025 monthly Dec 1999 - Jan 2025
ORA: Foreign Currency Reserves (FCR) (USD mn) 22,050.920 Jan 2025 monthly Jul 2006 - Jan 2025
Deposits: ARS (ARS mn) 127,576,022.767 Nov 2025 monthly Jul 2002 - Nov 2025
Loans: ARS: Non Financial: Private: Mortgages (ARS mn) 5,993,482.867 Nov 2025 monthly Jul 2002 - Nov 2025
Loans (ARS mn) 5,759,914.20 Jun 2018 monthly Jan 1990 - Jun 2018
Business and Economic Survey Last Frequency Range
Geopolitical Risk Index (%) 0.042 Nov 2025 monthly Jan 1985 - Nov 2025

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