Argentina Government Debt: % of GDP

2004 - 2025 | Quarterly | % | CEIC Data

Key information about Argentina Government Debt: % of GDP

  • Argentina Government debt accounted for 73.3 % of the country's Nominal GDP in Jun 2025, compared with the ratio of 75.9 % in the previous quarter.
  • Argentina government debt to GDP ratio data is updated quarterly, available from Dec 2004 to Jun 2025.
  • The data reached an all-time high of 127.9 % in Mar 2024 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 465.4 USD bn in Jun 2025.
  • The country's Nominal GDP reached 182.5 USD bn in Jun 2025.

View Argentina's Government Debt: % of GDP from Dec 2004 to Jun 2025 in the chart:

Argentina Government Debt: % of GDP

What was Argentina's Government Debt: % of GDP in Jun 2025?

Argentina Government debt accounted for 73.3 % of the country's Nominal GDP in Jun 2025, compared with the ratio of 75.9 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
73.3 Jun 2025 75.9 Mar 2025 33.9 Jun 2012 127.9 Mar 2024 % quarterly Dec 2004 - Jun 2025

Government Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 53.6 Jun 2025 quarterly Sep 2010 - Jun 2025
Algeria (%) 47.8 2024 yearly 1997 - 2024
Argentina (%) 73.3 Jun 2025 quarterly Dec 2004 - Jun 2025
Armenia (%) 50.0 Sep 2025 quarterly Dec 2013 - Sep 2025
Australia (%) 38.4 2024 yearly 1999 - 2024
Austria (%) 82.3 Jun 2025 quarterly Mar 2000 - Jun 2025
Azerbaijan (%) 16.8 2021 yearly 2008 - 2021
Bahrain (%) 96.6 Jun 2025 quarterly Dec 2007 - Jun 2025
Bangladesh (%) 23.8 2025 yearly 2010 - 2025
Belarus (%) 35.9 Mar 2022 quarterly Dec 2003 - Mar 2022
Belgium (%) 106.2 Jun 2025 quarterly Dec 1980 - Jun 2025
Bolivia (%) 27.2 2014 yearly 1998 - 2014
Bosnia and Herzegovina (%) 18.7 2024 yearly 2007 - 2024
Botswana (%) 27.6 Jun 2025 quarterly Jun 2014 - Jun 2025
Brazil (%) 78.1 Sep 2025 quarterly Dec 2006 - Sep 2025
Bulgaria (%) 26.5 Jun 2025 quarterly Mar 2007 - Jun 2025
Cambodia (%) 26.0 2024 yearly 2013 - 2024
Canada (%) 69.3 2025 yearly 1962 - 2025
Chile (%) 43.3 Jun 2025 quarterly Mar 2002 - Jun 2025
China (%) 27.6 Jun 2025 quarterly Mar 2014 - Jun 2025
Colombia (%) 64.0 Jun 2025 quarterly Dec 2005 - Jun 2025
Croatia (%) 57.5 Jun 2025 quarterly Dec 1995 - Jun 2025
Cyprus (%) 60.5 Sep 2025 quarterly Dec 2010 - Sep 2025
Czech Republic (%) 43.8 Jun 2025 quarterly Mar 2000 - Jun 2025
Denmark (%) 29.6 Jun 2025 quarterly Mar 2000 - Jun 2025
Ecuador (%) 65.5 Jun 2025 quarterly Dec 2005 - Jun 2025
Egypt (%) 63.3 Jun 2025 quarterly Jun 2006 - Jun 2025
Estonia (%) 23.2 Jun 2025 quarterly Mar 2000 - Jun 2025
European Union (%) 81.9 Jun 2025 quarterly Mar 2000 - Jun 2025
Finland (%) 88.5 Jun 2025 quarterly Mar 2000 - Jun 2025
France (%) 110.6 Dec 2023 quarterly Dec 1995 - Dec 2023
Georgia (%) 35.3 Jun 2025 quarterly Mar 2006 - Jun 2025
Germany (%) 62.3 Jun 2025 quarterly Mar 2000 - Jun 2025
Ghana (%) 61.8 2024 yearly 2006 - 2024
Greece (%) 151.2 Jun 2025 quarterly Dec 1999 - Jun 2025
Hong Kong SAR, China (%) 49.1 2024 yearly 2003 - 2024
Hungary (%) 75.1 Sep 2025 quarterly Dec 1990 - Sep 2025
Iceland (%) 63.4 2023 yearly 1998 - 2023
India (%) 56.5 Jun 2025 quarterly Mar 2012 - Jun 2025
Indonesia (%) 39.2 Dec 2024 quarterly Jun 2015 - Dec 2024
Iran (%) 5.4 Mar 2025 quarterly Mar 1998 - Mar 2025
Ireland (%) 33.3 Jun 2025 quarterly Mar 2000 - Jun 2025
Israel (%) 66.5 2024 yearly 1995 - 2024
Italy (%) 138.0 Sep 2025 quarterly Dec 1995 - Sep 2025
Ivory Coast (%) 8.6 2015 yearly 1975 - 2015
Japan (%) 212.1 Sep 2025 quarterly Dec 1994 - Sep 2025
Jordan (%) 91.3 Jun 2025 quarterly Mar 2002 - Jun 2025
Kazakhstan (%) 23.0 Dec 2024 quarterly Mar 2005 - Dec 2024
Kenya (%) 69.0 Jun 2025 quarterly Dec 2009 - Jun 2025
South Korea (%) 47.0 Jun 2025 quarterly Sep 2002 - Jun 2025
Kosovo (%) 19.9 2022 yearly 2009 - 2022
Kuwait (%) 1.1 Jun 2025 quarterly Dec 2010 - Jun 2025
Kyrgyzstan (%) 44.6 Jun 2025 quarterly Mar 2011 - Jun 2025
Latvia (%) 48.0 Jun 2025 quarterly Mar 2000 - Jun 2025
Lebanon (%) 23.6 2022 yearly 1998 - 2022
Lithuania (%) 39.1 Jun 2025 quarterly Mar 2000 - Jun 2025
Luxembourg (%) 25.1 Jun 2025 quarterly Dec 1997 - Jun 2025
North Macedonia (%) 53.4 Jun 2025 quarterly Dec 2009 - Jun 2025
Malawi (%) 66.0 2014 yearly 2010 - 2014
Malaysia (%) 66.1 Sep 2025 quarterly Dec 2010 - Sep 2025
Malta (%) 46.8 Jun 2025 quarterly Mar 2000 - Jun 2025
Mauritius (%) 80.6 Sep 2025 quarterly Jun 2003 - Sep 2025
Mexico (%) 60.2 Sep 2025 quarterly Dec 2005 - Sep 2025
Moldova (%) 38.0 Jun 2025 quarterly Mar 2007 - Jun 2025
Mongolia (%) 38.6 Jun 2025 quarterly Dec 2017 - Jun 2025
Montenegro (%) 60.3 Jun 2025 quarterly Dec 2010 - Jun 2025
Morocco (%) 71.4 2022 yearly 1994 - 2022
Nepal (%) 39.9 2021 yearly 1990 - 2021
Netherlands (%) 42.7 Jun 2025 quarterly Dec 1999 - Jun 2025
New Zealand (%) 46.7 Jun 2025 quarterly Dec 2006 - Jun 2025
Nigeria (%) 37.5 Jun 2025 quarterly Dec 2010 - Jun 2025
Norway (%) 53.3 2024 yearly 1995 - 2024
Oman (%) 35.4 2024 yearly 1990 - 2024
Pakistan (%) 68.4 2025 yearly 2000 - 2025
Palestinian Territory (%) 151.6 Jun 2025 quarterly Dec 2010 - Jun 2025
Panama (%) 63.7 Jun 2025 quarterly Dec 2007 - Jun 2025
Paraguay (%) 38.3 Jun 2025 quarterly Dec 2014 - Jun 2025
Peru (%) 31.0 Sep 2025 quarterly Mar 1999 - Sep 2025
Philippines (%) 63.1 Sep 2025 quarterly Mar 1993 - Sep 2025
Poland (%) 58.1 Jun 2025 quarterly Mar 2000 - Jun 2025
Portugal (%) 97.6 Sep 2025 quarterly Dec 1995 - Sep 2025
Qatar (%) 15.0 2012 yearly 2006 - 2012
Romania (%) 57.3 Jun 2025 quarterly Dec 2011 - Jun 2025
Russia (%) 14.7 Jun 2025 quarterly Dec 2011 - Jun 2025
Saudi Arabia (%) 29.7 Jun 2025 quarterly Dec 2016 - Jun 2025
Serbia (%) 43.7 Sep 2025 quarterly Sep 2004 - Sep 2025
Singapore (%) 173.4 Sep 2025 quarterly Mar 1990 - Sep 2025
Slovakia (%) 63.2 Mar 2025 quarterly Mar 2000 - Mar 2025
Slovenia (%) 69.3 Jun 2025 quarterly Dec 1999 - Jun 2025
South Africa (%) 78.1 Jun 2025 quarterly Dec 1960 - Jun 2025
Spain (%) 103.4 Jun 2025 quarterly Mar 1995 - Jun 2025
Sri Lanka (%) 95.7 Jun 2025 quarterly Mar 2014 - Jun 2025
Sweden (%) 33.3 Jun 2025 quarterly Mar 1996 - Jun 2025
Switzerland (%) 23.0 2028 yearly 1990 - 2028
Taiwan (%) 29.0 2023 yearly 1996 - 2023
Tajikistan (%) 36.3 2021 yearly 1999 - 2021
Thailand (%) 58.3 Sep 2025 quarterly Dec 1997 - Sep 2025
Tunisia (%) 81.2 2024 yearly 2016 - 2024
Turkey (%) 24.1 Jun 2025 quarterly Dec 2001 - Jun 2025
Ukraine (%) 89.9 Jun 2025 quarterly Dec 2010 - Jun 2025

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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) 7,889.829 Oct 2025 monthly Jan 1997 - Oct 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: Social Security (ARS mn) 3,393,966.504 Feb 2025 monthly Jan 1997 - Feb 2025
Government Revenue: Taxes: Net Vat (ARS mn) 4,755,088.234 Feb 2025 monthly Jan 1997 - Feb 2025
NFPS 2017: Capital Expenditure (ARS mn) 169,668.300 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 Revenue (ARS mn) 11,100,491.800 Jan 2025 monthly Jan 2015 - Jan 2025
NFPS 2017: Total Expenditure (ARS mn) 10,500,738.600 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
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: Agricultural: Fats and Oils (USD mn) 5,821.010 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: Primary Products: Cereals (USD mn) 8,705.911 2023 yearly 1989 - 2023
Exports: fob: Agricultural: Residues & Waste from Food Industry (USD mn) 9,022.071 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: Liabilities: Financial Derivatives (USD mn) -26.385 Sep 2024 quarterly Mar 2006 - Sep 2024
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: 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: 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
Foreign Direct Investment: Deposit-taking Corporations, except Central Bank (USD mn) 871.099 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) 86,578.922 Oct 2025 monthly Jul 2002 - Oct 2025
Total Deposits Growth (%) 45.7 Oct 2025 monthly Jul 2003 - Oct 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: M2 (ARS th) 101,280,342,625.000 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: M3 (ARS th) 152,173,589,134.000 Dec 2024 monthly Jan 1990 - Dec 2024
ORA: Foreign Currency Reserves (FCR) (USD mn) 22,050.920 Jan 2025 monthly Jul 2006 - Jan 2025
Official Reserve Assets (ORA) (USD mn) 28,309.770 Jan 2025 monthly Dec 1999 - Jan 2025
Deposits: ARS (ARS mn) 125,106,542.839 Oct 2025 monthly Jul 2002 - Oct 2025
Loans: ARS: Non Financial: Private: Mortgages (ARS mn) 5,552,187.774 Oct 2025 monthly Jul 2002 - Oct 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 (%) 0.015 Oct 2025 monthly Jan 1985 - Oct 2025

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