Short-term debt in Argentina
Argentina: Short-term debt was 47.1% in 2024. ▼ Falling
Short-term debt in Argentina, 1976–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, short-term debt in Argentina stood at 47.1%.
Compared with earlier readings it is down 23.2% on the previous year and up 17.2% over ten years.
Over the whole period, short-term debt in Argentina peaked at 169.4% in 1982 and was at its lowest, 19.6%, in 2010.
Argentina ranks 9th of 119 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 49 years of available data.
Short-term debt in Argentina, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1976 | 21.7% | — |
| 1977 | 40.4% | +85.9% |
| 1978 | 43.7% | +8.2% |
| 1979 | 69.7% | +59.3% |
| 1980 | 92.7% | +33.0% |
| 1981 | 109.5% | +18.1% |
| 1982 | 169.4% | +54.7% |
| 1983 | 91.3% | -46.1% |
| 1984 | 108.2% | +18.5% |
| 1985 | 65.2% | -39.8% |
| 1986 | 49.9% | -23.5% |
| 1987 | 42.0% | -15.7% |
| 1988 | 50.3% | +19.8% |
| 1989 | 70.8% | +40.6% |
| 1990 | 62.7% | -11.4% |
| 1991 | 84.0% | +33.9% |
| 1992 | 91.2% | +8.6% |
| 1993 | 46.0% | -49.6% |
| 1994 | 31.4% | -31.7% |
| 1995 | 72.8% | +131.9% |
| 1996 | 71.5% | -1.8% |
| 1997 | 87.7% | +22.6% |
| 1998 | 82.8% | -5.6% |
| 1999 | 86.3% | +4.3% |
| 2000 | 73.3% | -15.1% |
| 2001 | 54.8% | -25.2% |
| 2002 | 46.2% | -15.7% |
| 2003 | 59.8% | +29.4% |
| 2004 | 61.1% | +2.1% |
| 2005 | 68.4% | +12.1% |
| 2006 | 46.9% | -31.4% |
| 2007 | 26.4% | -43.7% |
| 2008 | 22.3% | -15.5% |
| 2009 | 27.6% | +23.8% |
| 2010 | 19.6% | -29.1% |
| 2011 | 25.5% | +30.5% |
| 2012 | 26.1% | +2.4% |
| 2013 | 39.9% | +52.5% |
| 2014 | 40.2% | +0.7% |
| 2015 | 82.1% | +104.5% |
| 2016 | 55.3% | -32.7% |
| 2017 | 71.0% | +28.4% |
| 2018 | 81.2% | +14.4% |
| 2019 | 77.7% | -4.4% |
| 2020 | 62.4% | -19.6% |
| 2021 | 48.5% | -22.3% |
| 2022 | 46.1% | -5.0% |
| 2023 | 61.3% | +33.0% |
| 2024 | 47.1% | -23.2% |
Argentina compared with similar countries
- Argentina's 47.1% is above the median for upper middle income countries, which is 17.7%, 2.7× the median. (51 countries reporting)
- Argentina's 47.1% is above the median for Latin America & Caribbean, which is 14.1%, 3.3× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 43.9% | 21.7% | 69.7% | 4 |
| 1980s | 84.9% | 42.0% | 169.4% | 10 |
| 1990s | 71.6% | 31.4% | 91.2% | 10 |
| 2000s | 48.7% | 22.3% | 73.3% | 10 |
| 2010s | 51.9% | 19.6% | 82.1% | 10 |
| 2020s | 53.1% | 46.1% | 62.4% | 5 |
Countries ranked near Argentina
More economy & growth data for Argentina
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.73 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.83 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 61.81 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.13 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -73.08 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0046 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 68.36 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.7 % change on previous year (2025)
Frequently asked questions
- What is short-term debt in Argentina?
- Short-term debt in Argentina was 47.1% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Argentina?
- The highest recorded value was 169.4% in 1982.
- What is the lowest short-term debt recorded in Argentina?
- The lowest recorded value was 19.6% in 2010.
- How does Argentina rank for short-term debt?
- Argentina ranks 9th out of 119 countries with data for 2024.
- Is short-term debt rising or falling in Argentina?
- Over the last ten years it is up 17.2%. The long-run trend across the full record is falling.
- Where does this Argentina data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.