Argentina Government Debt: % of GDP

2004 - 2023 | Quarterly | % | CEIC Data

Key information about Argentina Government Debt: % of GDP

  • Argentina Government debt accounted for 80.3 % of the country's Nominal GDP in Mar 2023, compared with the ratio of 79.5 % in the previous quarter.
  • Argentina government debt to GDP ratio data is updated quarterly, available from Dec 2004 to Mar 2023.
  • The data reached an all-time high of 116.8 % in Dec 2004 and a record low of 33.9 % in Jun 2012.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and quarterly Nominal GDP. The Ministry of Treasury provides Government Debt in USD. The National Institute of Statistics and Censuses provides annualized Nominal GDP in local currency. The Central Bank of Argentina average market exchange rate is used for currency conversions. Government Debt excludes debt swaps.


Related information about Argentina Government Debt: % of GDP

  • In the latest reports, Argentina National Government Debt reached 398.2 USD bn in Mar 2023.
  • The country's Nominal GDP reached 150.8 USD bn in Mar 2023.

View Argentina's Government Debt: % of GDP from Dec 2004 to Mar 2023 in the chart:

Argentina Government Debt: % of GDP

What was Argentina's Government Debt: % of GDP in Mar 2023?

Argentina Government debt accounted for 80.3 % of the country's Nominal GDP in Mar 2023, compared with the ratio of 79.5 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
80.3 Mar 2023 79.5 Dec 2022 33.9 Jun 2012 116.8 Dec 2004 % quarterly Dec 2004 - Mar 2023

Government Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 53.7 Jun 2024 quarterly Sep 2010 - Jun 2024
Algeria (%) 48.9 2023 yearly 1997 - 2023
Argentina (%) 80.3 Mar 2023 quarterly Dec 2004 - Mar 2023
Armenia (%) 48.9 Sep 2024 quarterly Dec 2013 - Sep 2024
Australia (%) 38.0 2023 yearly 1999 - 2023
Austria (%) 83.0 Jun 2024 quarterly Mar 2000 - Jun 2024
Azerbaijan (%) 16.8 2021 yearly 2008 - 2021
Bahrain (%) 88.7 Jun 2024 quarterly Dec 2007 - Jun 2024
Bangladesh (%) 26.4 2024 yearly 2010 - 2024
Belarus (%) 35.9 Mar 2022 quarterly Dec 2003 - Mar 2022
Belgium (%) 106.5 Mar 2024 quarterly Dec 1980 - Mar 2024
Bolivia (%) 27.2 2014 yearly 1998 - 2014
Bosnia and Herzegovina (%) 19.1 2023 yearly 2007 - 2023
Botswana (%) 17.2 Jun 2023 quarterly Jun 2014 - Jun 2023
Brazil (%) 78.2 Sep 2024 quarterly Dec 2006 - Sep 2024
Bulgaria (%) 22.1 Jun 2024 quarterly Mar 2007 - Jun 2024
Cambodia (%) 25.3 2022 yearly 2013 - 2022
Canada (%) 68.6 2024 yearly 1962 - 2024
Chile (%) 40.9 Jun 2024 quarterly Mar 2002 - Jun 2024
China (%) 24.6 Jun 2024 quarterly Mar 2014 - Jun 2024
Colombia (%) 62.2 Jun 2024 quarterly Dec 2005 - Jun 2024
Croatia (%) 60.1 Jun 2024 quarterly Dec 1995 - Jun 2024
Cyprus (%) 69.7 Sep 2024 quarterly Dec 2010 - Sep 2024
Czech Republic (%) 42.6 Jun 2024 quarterly Mar 2000 - Jun 2024
Denmark (%) 33.6 Jun 2024 quarterly Mar 2000 - Jun 2024
Ecuador (%) 66.9 Jun 2024 quarterly Dec 2005 - Jun 2024
Egypt (%) 68.6 Jun 2020 quarterly Jun 2006 - Jun 2020
Estonia (%) 23.8 Jun 2024 quarterly Mar 2000 - Jun 2024
European Union (%) 81.5 Jun 2024 quarterly Mar 2000 - Jun 2024
Finland (%) 81.5 Sep 2024 quarterly Mar 2000 - Sep 2024
France (%) 110.6 Dec 2023 quarterly Dec 1995 - Dec 2023
Georgia (%) 38.3 Jun 2024 quarterly Mar 2006 - Jun 2024
Germany (%) 62.0 Jun 2024 quarterly Mar 2000 - Jun 2024
Ghana (%) 72.3 2023 yearly 2006 - 2023
Greece (%) 160.0 Jun 2024 quarterly Dec 1999 - Jun 2024
Hong Kong SAR, China (%) 50.2 2023 yearly 2003 - 2023
Hungary (%) 76.0 Sep 2024 quarterly Dec 1990 - Sep 2024
Iceland (%) 64.2 2023 yearly 1998 - 2023
India (%) 58.3 Jun 2024 quarterly Mar 2012 - Jun 2024
Indonesia (%) 38.9 Sep 2024 quarterly Jun 2015 - Sep 2024
Iran (%) 7.5 Dec 2023 quarterly Mar 1998 - Dec 2023
Ireland (%) 42.7 Jun 2024 quarterly Mar 2000 - Jun 2024
Israel (%) 60.3 2023 yearly 1995 - 2023
Italy (%) 138.3 Sep 2024 quarterly Dec 1995 - Sep 2024
Ivory Coast (%) 8.6 2015 yearly 1975 - 2015
Japan (%) 217.0 Sep 2024 quarterly Dec 1994 - Sep 2024
Jordan (%) 89.5 Jun 2024 quarterly Mar 2002 - Jun 2024
Kazakhstan (%) 21.7 Dec 2023 quarterly Mar 2005 - Dec 2023
Kenya (%) 67.2 Jun 2024 quarterly Dec 2009 - Jun 2024
South Korea (%) 46.1 Jun 2024 quarterly Sep 2002 - Jun 2024
Kosovo (%) 19.9 2022 yearly 2009 - 2022
Kuwait (%) 0.3 Jun 2024 quarterly Dec 2010 - Jun 2024
Kyrgyzstan (%) 41.7 Sep 2024 quarterly Mar 2011 - Sep 2024
Latvia (%) 46.4 Jun 2024 quarterly Mar 2000 - Jun 2024
Lebanon (%) 150.6 2020 yearly 1998 - 2020
Lithuania (%) 37.4 Jun 2024 quarterly Mar 2000 - Jun 2024
Luxembourg (%) 26.8 Jun 2024 quarterly Dec 1997 - Jun 2024
North Macedonia (%) 54.5 Jun 2024 quarterly Dec 2009 - Jun 2024
Malawi (%) 66.0 2014 yearly 2010 - 2014
Malaysia (%) 65.0 Sep 2024 quarterly Dec 2010 - Sep 2024
Malta (%) 46.4 Jun 2024 quarterly Mar 2000 - Jun 2024
Mauritius (%) 69.3 Dec 2023 quarterly Jun 2003 - Dec 2023
Mexico (%) 47.7 Sep 2024 quarterly Dec 2005 - Sep 2024
Moldova (%) 34.7 Sep 2024 quarterly Mar 2007 - Sep 2024
Mongolia (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
Montenegro (%) 62.1 Jun 2024 quarterly Dec 2010 - Jun 2024
Morocco (%) 71.5 2022 yearly 1994 - 2022
Nepal (%) 39.9 2021 yearly 1990 - 2021
Netherlands (%) 43.2 Jun 2024 quarterly Dec 1999 - Jun 2024
New Zealand (%) 42.6 Jun 2024 quarterly Dec 2006 - Jun 2024
Nigeria (%) 52.8 Jun 2024 quarterly Dec 2010 - Jun 2024
Norway (%) 44.3 2023 yearly 1995 - 2023
Oman (%) 36.5 2023 yearly 1990 - 2023
Pakistan (%) 72.4 2023 yearly 2000 - 2023
Palestinian Territory (%) 126.9 Jun 2024 quarterly Dec 2010 - Jun 2024
Panama (%) 61.6 Sep 2024 quarterly Dec 2007 - Sep 2024
Paraguay (%) 36.2 Jun 2024 quarterly Dec 2014 - Jun 2024
Peru (%) 32.6 Sep 2024 quarterly Mar 1999 - Sep 2024
Philippines (%) 61.3 Sep 2024 quarterly Mar 1993 - Sep 2024
Poland (%) 52.3 Jun 2024 quarterly Dec 2002 - Jun 2024
Portugal (%) 97.4 Sep 2024 quarterly Dec 1995 - Sep 2024
Qatar (%) 15.0 2012 yearly 2006 - 2012
Romania (%) 53.1 Sep 2024 quarterly Dec 2011 - Sep 2024
Russia (%) 14.6 Mar 2024 quarterly Dec 2011 - Mar 2024
Saudi Arabia (%) 28.5 Sep 2024 quarterly Dec 2016 - Sep 2024
Serbia (%) 47.4 Sep 2024 quarterly Sep 2004 - Sep 2024
Singapore (%) 173.0 Sep 2024 quarterly Mar 1990 - Sep 2024
Slovakia (%) 60.5 Mar 2024 quarterly Mar 2000 - Mar 2024
Slovenia (%) 69.5 Jun 2024 quarterly Dec 1999 - Jun 2024
South Africa (%) 75.1 Sep 2024 quarterly Dec 1960 - Sep 2024
Spain (%) 104.4 Sep 2024 quarterly Mar 1995 - Sep 2024
Sri Lanka (%) 98.8 Jun 2024 quarterly Mar 2014 - Jun 2024
Sweden (%) 32.0 Jun 2024 quarterly Mar 1996 - Jun 2024
Switzerland (%) 23.3 2028 yearly 1990 - 2028
Taiwan (%) 29.0 2023 yearly 1996 - 2023
Tajikistan (%) 36.3 2021 yearly 1999 - 2021
Thailand (%) 55.9 Sep 2024 quarterly Dec 1997 - Sep 2024
Tunisia (%) 79.7 Dec 2021 monthly Apr 2011 - Dec 2021
Turkey (%) 26.1 Jun 2024 quarterly Dec 2001 - Jun 2024
Ukraine (%) 79.4 Dec 2023 quarterly Dec 2010 - Dec 2023

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Argentina Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.2 Sep 2024 quarterly Dec 2004 - Sep 2024
Consolidated Fiscal Balance (USD mn) 356.617 Nov 2024 monthly Jan 1993 - Nov 2024
Tax Revenue (USD mn) 9,100.106 Nov 2024 monthly Jan 1997 - Nov 2024
Tax Revenue: % of GDP (%) 16.1 Sep 2024 quarterly Mar 2004 - Sep 2024
National Government Debt (USD mn) 442,514.9 Jun 2024 quarterly Dec 1994 - Jun 2024
Government Debt: % of GDP (%) 80.3 Mar 2023 quarterly Dec 2004 - Mar 2023
Forecast: Government Expenditure (ARS bn) 740,993.414 2029 yearly 1993 - 2029
Forecast: Government Net Debt (ARS bn) 1,158,144.357 2029 yearly 1992 - 2029
Forecast: Government Revenue (ARS bn) 770,888.979 2029 yearly 1993 - 2029
NFPS 2017: Current Revenue (ARS mn) 9,609,250.200 Nov 2024 monthly Jan 2015 - Nov 2024
NFPS 2017: Current Expenditure (ARS mn) 8,577,922.300 Oct 2024 monthly Jan 2015 - Oct 2024
NFPS 2017: Capital Expenditure (ARS mn) 256,993.300 Oct 2024 monthly Jan 2015 - Oct 2024
NFPS 2017: Total Revenue (ARS mn) 9,358,313.600 Oct 2024 monthly Jan 2015 - Oct 2024
NFPS 2017: Total Expenditure (ARS mn) 8,834,915.600 Oct 2024 monthly Jan 2015 - Oct 2024
Non Financial Public Sector (NFPS) 2017: Total Balance (ARS mn) 357,162.200 Nov 2024 monthly Jan 2015 - Nov 2024
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) 1,295.4 Oct 2024 monthly Jan 1991 - Oct 2024
Total Exports (USD mn) 6,934.0 Oct 2024 monthly Jan 1991 - Oct 2024
Total Exports Growth (%) -27.2 Apr 2023 monthly Jan 1992 - Apr 2023
Aluminum: Exports (USD th) 5,640.661 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 600,720.896 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 123,326.762 2022 yearly 1995 - 2022
Total Imports (USD mn) 5,638.6 Oct 2024 monthly Jan 1991 - Oct 2024
Total Imports Growth (%) 2.0 Oct 2024 monthly Jan 1992 - Oct 2024
Imports: Medicament (USD th) 1,433,987.074 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,977,432.955 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 538.334 Oct 2024 monthly Dec 1995 - Oct 2024
Total Imports from USA (USD mn) 443.905 Oct 2024 monthly Dec 1995 - Oct 2024
Total Exports to China (USD mn) 331.494 Oct 2024 monthly Jan 2003 - Oct 2024
Total Imports from China (USD mn) 1,391.171 Oct 2024 monthly Apr 1983 - Oct 2024
Exports: fob: Industrial: Transport Material (USD mn) 8,350.345 2023 yearly 1989 - 2023
Exports: fob: Industrial: Chemicals & Related Products (USD mn) 4,286.131 2023 yearly 1989 - 2023
Exports: fob: Agricultural: Fats and Oils (USD mn) 5,821.010 2023 yearly 1989 - 2023
Exports: fob: Agricultural: Residues & Waste from Food Industry (USD mn) 9,022.071 2023 yearly 1989 - 2023
Exports: fob: Primary Products: Cereals (USD mn) 8,705.911 2023 yearly 1989 - 2023
Motor Vehicle Export: Passenger Car: Utility Vehicle (Unit) 14,607.000 Nov 2024 monthly Jan 1996 - Nov 2024
Motor Vehicle Export (Unit) 32,262.000 Nov 2024 monthly Jan 1996 - Nov 2024
Motor Vehicle Export: Passenger Car: Automobile (Unit) 17,655.000 Nov 2024 monthly Jan 1996 - Nov 2024
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) 710.0 Jun 2024 quarterly Mar 1992 - Jun 2024
Current Account Balance (USD mn) 3,490.2 Jun 2024 quarterly Mar 1976 - Jun 2024
Current Account Balance: % of GDP (%) 2.3 Jun 2024 quarterly Mar 2004 - Jun 2024
Foreign Direct Investment (USD mn) 2,644.2 Jun 2024 quarterly Mar 1977 - Jun 2024
Foreign Direct Investment: % of GDP (%) 1.7 Jun 2024 quarterly Mar 2004 - Jun 2024
Foreign Portfolio Investment (USD mn) 860.065 Jun 2024 quarterly Mar 1994 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 0.6 Jun 2024 quarterly Mar 1994 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 32.0 Jun 2024 quarterly Mar 1994 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 828.084 Jun 2024 quarterly Mar 1994 - Jun 2024
External Debt (USD mn) 286,881.1 Jun 2024 quarterly Mar 2006 - Jun 2024
External Debt: % of GDP (%) 45.3 2023 yearly 1994 - 2023
External Debt: Short Term (USD mn) 106,177.6 Jun 2024 quarterly Sep 2003 - Jun 2024
External Debt: Short Term: % of GDP (%) 16.5 2023 yearly 2003 - 2023
Forecast: Current Account Balance (USD bn) 10.560 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 41,998.005 Jun 2024 quarterly Mar 2016 - Jun 2024
AR: BoP: Financial Account: Other Investment: Assets (USD mn) 15,380.081 2023 yearly 1976 - 2023
AR: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Asse... (USD mn) 0.153 2022 yearly 2006 - 2022
AR: BoP: Current Account: Services (USD mn) -6,415.897 2023 yearly 1976 - 2023
AR: BoP: Current Account: Services: Credit (USD mn) 16,110.565 2023 yearly 1976 - 2023
AR: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Liab... (USD mn) -4.297 2022 yearly 2002 - 2022
AR: BoP: Financial Account: Other Investment (USD mn) 10,412.580 2023 yearly 1976 - 2023
AR: BoP: Financial Account: Official Reserve Assets (USD mn) -21,674.972 2023 yearly 1976 - 2023
AR: BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) -4,125.084 2023 yearly 1976 - 2023
AR: BoP: Current Account: Debit (USD mn) 113,525.338 2023 yearly 1976 - 2023
AR: BoP: Current Account (USD mn) -20,955.533 2023 yearly 1976 - 2023
AR: BoP: Current Account: Secondary Income (USD mn) 1,899.474 2023 yearly 1976 - 2023
AR: BoP: Financial Account: Portfolio Investment: Liabilities (USD mn) -4,215.200 2023 yearly 1976 - 2023
BoP: Current Account: Services: Import (USD mn) 4,941.719 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: Financial Account: Other Investments (USD mn) 3,346.798 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: FA: Liabilities: Financial Derivatives (USD mn) 1.243 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: FA: Assets: Financial Derivatives (USD mn) -4.777 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: Financial Account: Direct Invt: NIL: Equity Investments & Investment Fund S... (USD mn) 1,205.604 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: Financial Account: Direct Invt: NIL: Debt Securities (USD mn) 1,438.618 Jun 2024 quarterly Mar 2006 - Jun 2024
Foreign Direct Investment (USD mn) 2,384.769 Jun 2024 quarterly Mar 2017 - Jun 2024
Foreign Direct Investment: Wholesale, Retail Trade & Repair of Motor Vehicles & ... (USD mn) -96.490 Jun 2024 quarterly Mar 2017 - Jun 2024
Foreign Direct Investment: Mining & Quarrying (USD mn) 850.610 Jun 2024 quarterly Mar 2017 - Jun 2024
Foreign Direct Investment: Manufacturing (USD mn) 968.859 Jun 2024 quarterly Mar 2017 - Jun 2024
Foreign Direct Investment: Deposit-taking Corporations, except Central Bank (USD mn) 899.935 Jun 2024 quarterly Mar 2017 - Jun 2024
AR: BOP: Financial Account: Net (USD mn) -26,737.125 2023 yearly 1976 - 2023
AR: BOP: Net Errors and Omissions (USD mn) -5,952.946 2023 yearly 1976 - 2023
AR: BOP: Current Account: Exports: Service (USD mn) 16,110.565 2023 yearly 1976 - 2023
AR: BOP: Current Account: Primary Income: Receipts (USD mn) 6,311.320 2023 yearly 1976 - 2023
AR: BOP: Current Account: Imports: Goods (USD mn) 69,773.053 2023 yearly 1976 - 2023
AR: BOP: Current Account: Imports: Service (USD mn) 22,526.462 2023 yearly 1976 - 2023
AR: BOP: Current Account: Primary Income: Net (USD mn) -13,502.260 2023 yearly 1976 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Sep 2024 monthly Dec 2002 - Sep 2024
Household Debt: % of GDP (%) 4.1 Jun 2024 quarterly Dec 2004 - Jun 2024
Money Supply M1 (USD mn) 37,580.893 Oct 2024 monthly Jan 1990 - Oct 2024
Money Supply M2 (USD mn) 90,971.416 Oct 2024 monthly Jan 1990 - Oct 2024
M2 Growth (%) 208.3 Oct 2024 monthly Jan 1991 - Oct 2024
Reserve Requirement Ratio (%) 41.2 Oct 2024 monthly Apr 1985 - Oct 2024
Foreign Exchange Reserves (USD mn) 22,299.4 Oct 2024 monthly Dec 1956 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 3.598 Sep 2024 quarterly Dec 2004 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 3.7 May 2023 monthly Jan 1990 - May 2023
Gold Reserves (USD mn) 5,436.810 Oct 2024 monthly Dec 1956 - Oct 2024
Total Deposits (USD mn) 90,132.967 Nov 2024 monthly Jul 2002 - Nov 2024
Total Deposits Growth (%) 146.6 Nov 2024 monthly Jul 2003 - Nov 2024
Domestic Credit (USD mn) 172,455.7 Aug 2024 monthly Jan 1990 - Aug 2024
Domestic Credit Growth (%) 162.2 Aug 2024 monthly Jan 1991 - Aug 2024
Credit to Households (USD bn) 9.555 Dec 2023 quarterly Mar 1994 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 82.636 Dec 2023 quarterly Mar 1990 - Dec 2023
Household Debt (USD mn) 19,977.0 Aug 2024 monthly Dec 1999 - Aug 2024
Total Loans (USD mn) 0.000 Nov 2024 monthly Jan 1990 - Nov 2024
Total Loans Growth (%) -100.00 Nov 2024 monthly Jan 1991 - Nov 2024
Private Debt: % of Nominal GDP (%) 9.42 Jun 2024 quarterly Dec 2004 - Jun 2024
Official Reserve Assets (ORA) (USD mn) 28,617.950 Oct 2024 monthly Dec 1999 - Oct 2024
ORA: Foreign Currency Reserves (FCR) (USD mn) 22,299.430 Oct 2024 monthly Jul 2006 - Oct 2024
Deposits: ARS (ARS mn) 91,169,496.200 Nov 2024 monthly Jul 2002 - Nov 2024
Loans (ARS mn) 5,759,914.20 Jun 2018 monthly Jan 1990 - Jun 2018
Loans: ARS: Non Financial: Private: Mortgages (ARS mn) 1,354,555.533 Nov 2024 monthly Jul 2002 - Nov 2024
Business and Economic Survey Last Frequency Range
Geopolitical Risk Index (%) 0.049 Nov 2024 monthly Jan 1985 - Nov 2024

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