Total debt service in Argentina
Argentina: Total debt service was 38.3% in 2024. ▼ Falling
Total debt service in Argentina, 1976–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, total debt service in Argentina stood at 38.3%.
That represents a change of down 25.5% on the previous year and up 89.7% over ten years.
Over the whole period, total debt service in Argentina peaked at 83.1% in 1986 and was at its lowest, 11.0%, in 2008.
That places Argentina 10th out of 120 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 49 years of available data.
Total debt service in Argentina, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1976 | 34.9% | — |
| 1977 | 27.8% | -20.4% |
| 1978 | 42.5% | +53.1% |
| 1979 | 23.0% | -45.9% |
| 1980 | 38.0% | +65.3% |
| 1981 | 45.8% | +20.5% |
| 1982 | 50.2% | +9.4% |
| 1983 | 69.9% | +39.3% |
| 1984 | 63.6% | -9.0% |
| 1985 | 60.3% | -5.2% |
| 1986 | 83.1% | +37.8% |
| 1987 | 74.5% | -10.3% |
| 1988 | 44.5% | -40.3% |
| 1989 | 36.4% | -18.1% |
| 1990 | 37.1% | +1.9% |
| 1991 | 33.8% | -9.0% |
| 1992 | 27.7% | -18.1% |
| 1993 | 31.1% | +12.4% |
| 1994 | 25.3% | -18.7% |
| 1995 | 30.3% | +19.9% |
| 1996 | 39.4% | +30.1% |
| 1997 | 44.2% | +12.0% |
| 1998 | 51.8% | +17.3% |
| 1999 | 74.3% | +43.4% |
| 2000 | 64.3% | -13.5% |
| 2001 | 49.6% | -22.9% |
| 2002 | 16.6% | -66.5% |
| 2003 | 38.3% | +130.7% |
| 2004 | 29.7% | -22.5% |
| 2005 | 19.7% | -33.5% |
| 2006 | 31.5% | +59.8% |
| 2007 | 12.1% | -61.6% |
| 2008 | 11.0% | -9.2% |
| 2009 | 21.2% | +92.4% |
| 2010 | 18.6% | -11.9% |
| 2011 | 15.7% | -16.0% |
| 2012 | 14.1% | -10.1% |
| 2013 | 17.1% | +21.8% |
| 2014 | 20.2% | +17.7% |
| 2015 | 24.7% | +22.6% |
| 2016 | 34.9% | +41.2% |
| 2017 | 51.7% | +48.1% |
| 2018 | 51.5% | -0.4% |
| 2019 | 50.8% | -1.4% |
| 2020 | 43.1% | -15.2% |
| 2021 | 30.6% | -29.0% |
| 2022 | 31.7% | +3.5% |
| 2023 | 51.4% | +62.1% |
| 2024 | 38.3% | -25.5% |
Argentina compared with similar countries
- Argentina's 38.3% is above the median for upper middle income countries, which is 14.4%, 2.7× the median. (51 countries reporting)
- Argentina's 38.3% is above the median for Latin America & Caribbean, which is 19.8%, 1.9× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 32.1% | 23.0% | 42.5% | 4 |
| 1980s | 56.6% | 36.4% | 83.1% | 10 |
| 1990s | 39.5% | 25.3% | 74.3% | 10 |
| 2000s | 29.4% | 11.0% | 64.3% | 10 |
| 2010s | 29.9% | 14.1% | 51.7% | 10 |
| 2020s | 39.0% | 30.6% | 51.4% | 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 total debt service in Argentina?
- Total debt service in Argentina was 38.3% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Argentina?
- The highest recorded value was 83.1% in 1986.
- What is the lowest total debt service recorded in Argentina?
- The lowest recorded value was 11.0% in 2008.
- How does Argentina rank for total debt service?
- Argentina ranks 10th out of 120 countries with data for 2024.
- Is total debt service rising or falling in Argentina?
- Over the last ten years it is up 89.7%. 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 Total debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.