Argentina External Debt: % of GDP

1994 - 2022 | Yearly | % | CEIC Data

Key information about Argentina External Debt: % of GDP

  • Argentina External Debt accounted for 44.9 % of the country's Nominal GDP in 2022, compared with the ratio of 56.4 % in the previous year.
  • Argentina External Debt: % of Nominal GDP data is updated yearly, available from Dec 1994 to Dec 2022.
  • 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 5.6 USD bn in Mar 2023.
  • Foreign Direct Investment (FDI) increased by 3.9 USD bn in Mar 2023.
  • Argentina Direct Investment Abroad expanded by 606.8 USD mn in Mar 2023.
  • Its Foreign Portfolio Investment fell by 1.7 USD bn in Mar 2023.
  • The country's External Debt reached 275,093.4 in Mar 2023.
  • The country's Nominal GDP was reported at 150.8 USD bn in Mar 2023.

View Argentina's External Debt: % of GDP from 1994 to 2022 in the chart:

Argentina External Debt: % of GDP

What was Argentina's External Debt: % of GDP in 2022?

Argentina External Debt accounted for 44.9 % of the country's Nominal GDP in 2022, compared with the ratio of 56.4 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
44.9 2022 56.4 2021 25.5 2013 152.3 2002 % yearly 1994 - 2022

External Debt: % of GDP by Country Comparison

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Includes External Debt: % of GDP on 109 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 54.1 2022 yearly 1991 - 2022
Algeria (%) 1.8 2022 yearly 1970 - 2022
Argentina (%) 44.9 2022 yearly 1994 - 2022
Armenia (%) 78.2 2022 yearly 2000 - 2022
Australia (%) 109.4 2023 yearly 1988 - 2023
Austria (%) 131.7 2022 yearly 1997 - 2022
Azerbaijan (%) 14.9 Dec 2021 quarterly Dec 2001 - Dec 2021
Bangladesh (%) 11.4 2017 yearly 1997 - 2017
Belarus (%) 49.6 Sep 2023 quarterly Dec 2000 - Sep 2023
Belgium (%) 237.9 2022 yearly 2007 - 2022
Bolivia (%) 35.3 2022 yearly 2006 - 2022
Bosnia and Herzegovina (%) 20.8 2022 yearly 1999 - 2022
Botswana (%) 7.3 2023 yearly 1995 - 2023
Brazil (%) 27.9 2023 yearly 1992 - 2023
Bulgaria (%) 48.0 2023 yearly 1999 - 2023
Cambodia (%) 75.6 2022 yearly 2010 - 2022
Canada (%) 134.9 2022 yearly 1990 - 2022
Chile (%) 77.4 2022 yearly 1971 - 2022
China (%) 13.7 2022 yearly 1985 - 2022
Colombia (%) 53.1 2022 yearly 1970 - 2022
Croatia (%) 75.0 2022 yearly 1998 - 2022
Cyprus (%) 609.6 2022 yearly 2004 - 2022
Czech Republic (%) 65.6 2022 yearly 1995 - 2022
Denmark (%) 124.1 2022 yearly 2005 - 2022
Ecuador (%) 51.6 2022 yearly 1970 - 2022
Egypt (%) 40.3 Jun 2023 quarterly Jun 1999 - Jun 2023
Estonia (%) 84.7 2022 yearly 1996 - 2022
European Union (%) 117.4 2022 yearly 2008 - 2022
Finland (%) 215.4 2022 yearly 1991 - 2022
France (%) 245.8 2022 yearly 2004 - 2022
Georgia (%) 94.2 2022 yearly 1999 - 2022
Germany (%) 155.8 2022 yearly 1999 - 2022
Ghana (%) 39.3 2022 yearly 1999 - 2022
Greece (%) 263.2 2022 yearly 2003 - 2022
Hong Kong SAR, China (%) 494.6 2022 yearly 2001 - 2022
Hungary (%) 152.6 2022 yearly 2006 - 2022
Iceland (%) 71.6 2023 yearly 1989 - 2023
India (%) 18.9 2023 yearly 1970 - 2023
Indonesia (%) 29.7 2023 yearly 2003 - 2023
Iran (%) 0.3 2023 yearly 1994 - 2023
Ireland (%) 563.9 2023 yearly 2002 - 2023
Israel (%) 29.1 2022 yearly 1998 - 2022
Italy (%) 129.0 2022 yearly 2002 - 2022
Ivory Coast (%) 31.4 2021 yearly 1994 - 2021
Japan (%) 104.6 2022 yearly 2003 - 2022
Jordan (%) 80.0 2022 yearly 1970 - 2022
Kazakhstan (%) 64.8 Sep 2023 quarterly Mar 2002 - Sep 2023
Kenya (%) 35.0 2022 yearly 2006 - 2022
South Korea (%) 38.8 2023 yearly 1994 - 2023
Kosovo (%) 38.4 2022 yearly 2007 - 2022
Kuwait (%) 35.3 2022 yearly 2014 - 2022
Kyrgyzstan (%) 84.4 2022 yearly 2003 - 2022
Laos (%) 68.0 2022 yearly 1996 - 2022
Latvia (%) 98.8 Jun 2023 quarterly Mar 2000 - Jun 2023
Lebanon (%) 53.0 2020 yearly 2007 - 2020
Lithuania (%) 67.6 2022 yearly 1996 - 2022
Luxembourg (%) 4,521.9 2022 yearly 2002 - 2022
North Macedonia (%) 83.7 2022 yearly 2004 - 2022
Malawi (%) 60.1 2021 yearly 2006 - 2021
Malaysia (%) 68.2 2023 yearly 2009 - 2023
Malta (%) 971.6 2022 yearly 2004 - 2022
Mauritius (%) 1,432.7 2022 yearly 2009 - 2022
Mexico (%) 39.7 2022 yearly 2002 - 2022
Moldova (%) 65.2 2022 yearly 2000 - 2022
Mongolia (%) 174.0 2023 yearly 1992 - 2023
Montenegro (%) 141.5 2022 yearly 2006 - 2022
Morocco (%) 50.9 2022 yearly 1970 - 2022
Mozambique (%) 71.7 2020 yearly 1985 - 2020
Myanmar (%) 16.7 2020 yearly 2018 - 2020
Nepal (%) 17.3 2016 yearly 2001 - 2016
Netherlands (%) 374.5 2022 yearly 2003 - 2022
New Zealand (%) 85.0 2022 yearly 1993 - 2022
Nigeria (%) 8.9 2022 yearly 1985 - 2022
Norway (%) 133.0 2022 yearly 2003 - 2022
Pakistan (%) 37.2 2023 yearly 2000 - 2023
Palestinian Territory (%) 11.4 2022 yearly 2012 - 2022
Panama (%) 167.4 2021 yearly 2014 - 2021
Paraguay (%) 54.2 2022 yearly 2000 - 2022
Peru (%) 41.8 2022 yearly 1980 - 2022
Philippines (%) 27.5 2022 yearly 1990 - 2022
Poland (%) 53.0 2022 yearly 1995 - 2022
Portugal (%) 166.0 2022 yearly 1996 - 2022
Qatar (%) 106.1 2018 yearly 2000 - 2018
Romania (%) 50.6 2022 yearly 1995 - 2022
Russia (%) 16.3 2023 yearly 1993 - 2023
Serbia (%) 69.4 2022 yearly 2000 - 2022
Singapore (%) 361.1 2022 yearly 2003 - 2022
Slovakia (%) 103.1 2022 yearly 1995 - 2022
Slovenia (%) 90.9 2022 yearly 2001 - 2022
South Africa (%) 40.5 2022 yearly 1985 - 2022
Spain (%) 193.4 2021 yearly 1995 - 2021
Sri Lanka (%) 74.7 2022 yearly 1998 - 2022
Sudan (%) 202.2 2021 yearly 2001 - 2021
Sweden (%) 166.4 2023 yearly 1997 - 2023
Switzerland (%) 272.8 2022 yearly 1999 - 2022
Taiwan (%) 27.3 2023 yearly 1999 - 2023
Tajikistan (%) 37.7 2021 yearly 2000 - 2021
Thailand (%) 37.5 Sep 2023 quarterly Mar 2005 - Sep 2023
Tunisia (%) 92.1 2022 yearly 2002 - 2022
Turkey (%) 51.3 2022 yearly 1989 - 2022

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Argentina Key Series

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Includes 226 key indicators for Argentina, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.3 Sep 2023 quarterly Dec 2004 - Sep 2023
Consolidated Fiscal Balance (USD mn) 621.219 Jan 2024 monthly Jan 1993 - Jan 2024
Tax Revenue (USD mn) 6,108.888 Feb 2024 monthly Jan 1997 - Feb 2024
Tax Revenue: % of GDP (%) 17.0 Sep 2023 quarterly Mar 2004 - Sep 2023
National Government Debt (USD mn) 406,948.1 Sep 2023 quarterly Dec 1994 - Sep 2023
Government Debt: % of GDP (%) 80.3 Mar 2023 quarterly Dec 2004 - Mar 2023
Forecast: Government Expenditure (ARS bn) 553,829.690 2028 yearly 1993 - 2028
Forecast: Government Net Debt (ARS bn) 1,084,721.530 2028 yearly 1992 - 2028
Forecast: Government Revenue (ARS bn) 554,818.270 2028 yearly 1993 - 2028
Government Revenue: Taxes (ARS mn) 187,540.45 Jul 2018 monthly Jan 1997 - Jul 2018
NFPS 2017: Current Revenue (ARS mn) 6,147,224.000 Jan 2024 monthly Jan 2015 - Jan 2024
NFPS 2017: Current Expenditure (ARS mn) 5,551,719.700 Jan 2024 monthly Jan 2015 - Jan 2024
NFPS 2017: Capital Expenditure (ARS mn) 77,104.700 Jan 2024 monthly Jan 2015 - Jan 2024
NFPS 2017: Total Revenue (ARS mn) 6,147,232.000 Jan 2024 monthly Jan 2015 - Jan 2024
NFPS 2017: Total Expenditure (ARS mn) 5,628,824.400 Jan 2024 monthly Jan 2015 - Jan 2024
Non Financial Public Sector (NFPS) 2017: Total Balance (ARS mn) 518,407.600 Jan 2024 monthly Jan 2015 - Jan 2024
Public Debt: Annual: Short Term (USD mn) 48,687.146 2022 yearly 1997 - 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.933 2028 yearly 1980 - 2028
Trade Balance (USD mn) 957.1 Jan 2024 monthly Jan 1991 - Jan 2024
Total Exports (USD mn) 6,012.0 Jan 2024 monthly Jan 1991 - Jan 2024
Total Exports Growth (%) -27.2 Apr 2023 monthly Jan 1992 - Apr 2023
Aluminum: Exports (USD th) 55,881.391 2022 yearly 1995 - 2022
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) 5,054.9 Jan 2024 monthly Jan 1991 - Jan 2024
Total Imports Growth (%) -17.1 Jan 2024 monthly Jan 1992 - Jan 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) 432.488 Jan 2024 monthly Dec 1995 - Jan 2024
Total Imports from USA (USD mn) 525.366 Jan 2024 monthly Dec 1995 - Jan 2024
Total Exports to China (USD mn) 447.736 Jan 2024 monthly Jan 2003 - Jan 2024
Total Imports from China (USD mn) 1,011.213 Jan 2024 monthly Apr 1983 - Jan 2024
Terms of Trade Index (2004=100) 140.649 Dec 2023 quarterly Mar 1986 - Dec 2023
Exports: fob: Industrial: Transport Material (USD mn) 8,402.000 2023 yearly 1989 - 2023
Exports: fob: Agricultural: Residues & Waste from Food Industry (USD mn) 9,077.000 2023 yearly 1989 - 2023
Exports: fob: Primary Products: Cereals (USD mn) 8,775.000 2023 yearly 1989 - 2023
Exports: fob: Agricultural: Fats and Oils (USD mn) 5,854.000 2023 yearly 1989 - 2023
Exports: fob: Industrial: Chemicals & Related Products (USD mn) 4,285.000 2023 yearly 1989 - 2023
Motor Vehicle Export: Passenger Car: Utility Vehicle (Unit) 11,976.000 Feb 2024 monthly Jan 1996 - Feb 2024
Motor Vehicle Export (Unit) 23,584.000 Feb 2024 monthly Jan 1996 - Feb 2024
Motor Vehicle Export: Passenger Car: Automobile (Unit) 11,608.000 Feb 2024 monthly Jan 1996 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 535.3 Sep 2023 quarterly Mar 1992 - Sep 2023
Current Account Balance (USD mn) -6,102.7 Sep 2023 quarterly Mar 1976 - Sep 2023
Current Account Balance: % of GDP (%) -3.9 Sep 2023 quarterly Mar 2004 - Sep 2023
Foreign Direct Investment (USD mn) 6,090.4 Sep 2023 quarterly Mar 1977 - Sep 2023
Foreign Direct Investment: % of GDP (%) 3.9 Sep 2023 quarterly Mar 2004 - Sep 2023
Foreign Portfolio Investment (USD mn) -1,522.863 Sep 2023 quarterly Mar 1994 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) -1.0 Sep 2023 quarterly Mar 1994 - Sep 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -230.4 Sep 2023 quarterly Mar 1994 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -1,292.435 Sep 2023 quarterly Mar 1994 - Sep 2023
External Debt (USD mn) 283,516.8 Sep 2023 quarterly Mar 2006 - Sep 2023
External Debt: % of GDP (%) 44.9 2022 yearly 1994 - 2022
External Debt: Short Term (USD mn) 100,026.2 Sep 2023 quarterly Sep 2003 - Sep 2023
External Debt: Short Term: % of GDP (%) 14.2 2022 yearly 2003 - 2022
Forecast: Current Account Balance (USD bn) 7.340 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 44,798.744 Sep 2023 quarterly Mar 2016 - Sep 2023
AR: BoP: Current Account: Goods: Credit (USD mn) 88,515.083 2022 yearly 1976 - 2022
AR: BoP: Current Account: Services (USD mn) -6,909.366 2022 yearly 1976 - 2022
AR: BoP: Current Account: Services: Credit (USD mn) 14,486.550 2022 yearly 1976 - 2022
AR: BoP: Current Account: Goods: Debit (USD mn) 76,162.545 2022 yearly 1976 - 2022
AR: BoP: Current Account: Secondary Income: Debit (USD mn) 1,464.516 2022 yearly 1976 - 2022
AR: BoP: Capital Account: Debit (USD mn) 45.670 2022 yearly 1976 - 2022
AR: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Liab... (USD mn) -4.297 2022 yearly 2002 - 2022
AR: BoP: Financial Account: Other Investment: Assets (USD mn) 7,453.106 2022 yearly 1976 - 2022
AR: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Asse... (USD mn) 0.153 2022 yearly 2006 - 2022
AR: BoP: Current Account (USD mn) -4,290.120 2022 yearly 1976 - 2022
AR: BoP: Current Account: Debit (USD mn) 114,420.292 2022 yearly 1976 - 2022
AR: BoP: Current Account: Secondary Income (USD mn) 2,124.908 2022 yearly 1976 - 2022
AR: BoP: Current Account: Secondary Income: Credit (USD mn) 3,589.424 2022 yearly 1976 - 2022
AR: BoP: Capital Account: Credit (USD mn) 225.202 2022 yearly 1976 - 2022
AR: BoP: Capital Account (USD mn) 179.531 2022 yearly 1976 - 2022
AR: BoP: Financial Account: Portfolio Investment: Liabilities (USD mn) -5,396.710 2022 yearly 1976 - 2022
AR: BoP: Financial Account: Direct Investment: Liabilities (USD mn) 15,408.347 2022 yearly 1976 - 2022
AR: BoP: Financial Account: Portfolio Investment (USD mn) 7,133.869 2022 yearly 1976 - 2022
AR: BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) -5,117.864 2022 yearly 1976 - 2022
AR: BoP: Financial Account: Other Investment (USD mn) -8,275.757 2022 yearly 1976 - 2022
AR: BoP: Net Errors & Omissions (USD mn) -3,438.977 2022 yearly 1976 - 2022
AR: BoP: Financial Account: Official Reserve Assets (USD mn) 6,919.769 2022 yearly 1976 - 2022
AR: IIP: Net International Investment Position (USD mn) 123,575.368 2022 yearly 1991 - 2022
BoP: Current Account: Services: Import (USD mn) 5,718.334 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: Financial Account: Other Investments (USD mn) -718.923 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: Financial Account: Direct Invt: NIL: Debt Securities (USD mn) 3,637.401 Sep 2023 quarterly Mar 2006 - Sep 2023
BoP: Financial Account: Direct Invt: NIL: Equity Investments & Investment Fund S... (USD mn) 2,452.954 Sep 2023 quarterly Mar 2006 - Sep 2023
Foreign Direct Investment (USD mn) 6,049.803 Sep 2023 quarterly Mar 2017 - Sep 2023
Foreign Direct Investment: Wholesale, Retail Trade & Repair of Motor Vehicles & ... (USD mn) 823.720 Sep 2023 quarterly Mar 2017 - Sep 2023
Foreign Direct Investment: Mining & Quarrying (USD mn) 718.171 Sep 2023 quarterly Mar 2017 - Sep 2023
Foreign Direct Investment: Manufacturing (USD mn) 2,424.509 Sep 2023 quarterly Mar 2017 - Sep 2023
Foreign Direct Investment: Deposit-taking Corporations, except Central Bank (USD mn) 1,456.445 Sep 2023 quarterly Mar 2017 - Sep 2023
AR: BOP: Financial Account: Net (USD mn) -7,549.566 2022 yearly 1976 - 2022
AR: BOP: Current Account: Imports: Service (USD mn) 21,395.916 2022 yearly 1976 - 2022
AR: BOP: Current Account: Balance (USD mn) -4,290.120 2022 yearly 1976 - 2022
AR: BOP: Current Account: Personal Remittances: Paid (USD mn) 590.412 2022 yearly 1978 - 2022
AR: BOP: Current Account: Imports: Goods (USD mn) 76,162.545 2022 yearly 1976 - 2022
AR: BOP: Current Account: Net Trade: Goods (USD mn) 12,352.538 2022 yearly 1976 - 2022
AR: BOP: Current Account: Exports: Service (USD mn) 14,486.550 2022 yearly 1976 - 2022
AR: BOP: Current Account: Primary Income: Receipts (USD mn) 3,539.115 2022 yearly 1976 - 2022
AR: BOP: Current Account: Primary Income: Net (USD mn) -11,858.200 2022 yearly 1976 - 2022
AR: BOP: Current Account: Personal Remittances: Received (USD mn) 1,267.449 2022 yearly 1978 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.5 Dec 2023 monthly Dec 2002 - Dec 2023
Household Debt: % of GDP (%) 3.8 Sep 2023 quarterly Dec 2004 - Sep 2023
Money Supply M1 (USD mn) 23,640.047 Dec 2023 monthly Jan 1990 - Dec 2023
Money Supply M2 (USD mn) 58,401.422 Dec 2023 monthly Jan 1990 - Dec 2023
M2 Growth (%) 199.9 Dec 2023 monthly Jan 1991 - Dec 2023
Reserve Requirement Ratio (%) 42.3 Dec 2023 monthly Apr 1985 - Dec 2023
Foreign Exchange Reserves (USD mn) 20,846.5 Jan 2024 monthly Dec 1956 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 3.370 Sep 2023 quarterly Dec 2004 - Sep 2023
Foreign Exchange Reserves: Months of Import (NA) 3.7 May 2023 monthly Jan 1990 - May 2023
Gold Reserves (USD mn) 4,064.590 Jan 2024 monthly Dec 1956 - Jan 2024
Total Deposits (USD mn) 60,433.577 Feb 2024 monthly Jul 2002 - Feb 2024
Total Deposits Growth (%) 153.9 Feb 2024 monthly Jul 2003 - Feb 2024
Domestic Credit (USD mn) 244,997.4 Nov 2023 monthly Jan 1990 - Nov 2023
Domestic Credit Growth (%) 164.4 Aug 2023 monthly Jan 1991 - Aug 2023
Credit to Households (USD bn) 16.535 Sep 2023 quarterly Mar 1994 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 100.528 Sep 2023 quarterly Mar 1990 - Sep 2023
Household Debt (USD mn) 10,022.5 Feb 2024 monthly Jul 2002 - Feb 2024
Total Loans (USD mn) 179,508.815 Dec 2023 monthly Jan 1990 - Dec 2023
Total Loans Growth (%) 330.44 Dec 2023 monthly Jan 1991 - Dec 2023
Private Debt: % of Nominal GDP (%) 11.86 Sep 2023 quarterly Dec 2004 - Sep 2023
Money Supply: Month End: M1 (ARS th) 19,111,795,736.000 Dec 2023 monthly Jan 1990 - Dec 2023
Money Supply: Month End: M2 (ARS th) 47,214,629,383.000 Dec 2023 monthly Jan 1990 - Dec 2023
Money Supply: Month End: M3 (ARS th) 67,350,834,368.000 Dec 2023 monthly Jan 1990 - Dec 2023
ORA: Foreign Currency Reserves (FCR) (USD mn) 20,846.480 Jan 2024 monthly Jul 2006 - Jan 2024
Official Reserve Assets (ORA) (USD mn) 27,641.530 Jan 2024 monthly Dec 1999 - Jan 2024
ORA: Gold Incl Gold Deposits & Gold Swapped (USD mn) 4,064.590 Jan 2024 monthly Dec 1999 - Jan 2024
Loans (ARS mn) 5,759,914.20 Jun 2018 monthly Jan 1990 - Jun 2018
Business and Economic Survey Last Frequency Range
Geopolitical Risk Index (%) 0.095 Feb 2024 monthly Jan 1985 - Feb 2024

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