Argentina: External debt

* indicates monthly or quarterly data series
 Argentina

External debt, percent of GDP

 Latest value 40.78
 Year 2024
 Measure percent
 Data availability 1990 - 2024
 Average 46.76
 Min - Max 24.13 - 131.89
 Source The World Bank
 Available for Data download
The latest value from 2024 is 40.78 percent, a decline from 41.02 percent in 2023. In comparison, the world average is 132.26 percent, based on data from 119 countries. Historically, the average for Argentina from 1990 to 2024 is 46.76 percent. The minimum value, 24.13 percent, was reached in 2012 while the maximum of 131.89 percent was recorded in 2002. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Argentina: External debt
 2024 40.78
 2023 41.02
 2022 42.13
 2021 54.88
 2020 71.51
 2019 67.01
 2018 56.58
 2017 36.76




Definition: The total debt of public and private borrowers held by non-residents as percent of GDP. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.

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 Related indicators Latest Reference Measure
 Terms of trade 107.00 2024 percent
 Trade openness 30.36 2025 percent
 Financial openness -0.996 2022 index points
 Exports, percent of GDP 15.56 2025 percent
 Exports, billion dollars 106.26 2025 billion U.S. dollars
 Growth of exports 7.56 2025 percent
 Imports, percent of GDP 14.81 2025 percent
 Imports, billion dollars 101.16 2025 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 0.46 2025 percent
 Foreign Direct Investment, billion dollars 11.64 2024 billion U.S. dollars
 Portfolio investment inflows, equities 610.29 2024 million dollars (current)
 Current account, percent of GDP -1.11 2025 percent
 Current account, in dollars -7.58 2025 billion U.S. dollars
 Current Account, quarterly 0.51 3/2026 percent
 Trade balance, percent of GDP 0.75 2025 percent
 Trade balance, in dollars 16.65 2024 billion U.S. dollars
 Reserves 41.00 2025 billion U.S. dollars
 Remittances, percent of GDP 0.16 2024 percent
 Remittances 916.45 2025 million U.S. dollars
 Net errors and omissions -4,177.23 2025 million USD
 External debt 40.78 2024 percent
 Short-term external debt 11.88 2024 percent
 Short-term debt to reserves 104.41 2024 percent
 External debt in foreign currencies 98.80 2024 percent
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