Government gross debt in Argentina

International Monetary Fund · Annual · Importance

IMF forecast (WEO): 2026: 70.4% 2027: 68.1% 2028: 63.0% 2029: 59.3% 2030: 55.4% 2031: 52.2%

38.9 (1999) ANUAL · % of GDP · Annual · CSV

Period	% of GDP
Jan 1999	38.9
Jan 1998	34.1
Jan 1997	31.7
Jan 1996	32.6
Jan 1995	30.7
Jan 1994	28.4
Jan 1993	26.9
Jan 1992	25.0

About this indicator

Source

International Monetary Fund

Frequency

Annual

Release

Published annually (with quarterly advance estimates in some economies), subject to revision with the national accounts.

What it is

Government gross debt is the total liabilities owed by Argentina's general government to its domestic and foreign creditors. It is usually shown in absolute terms and, above all, as a percentage of GDP to gauge sustainability, and is compiled by the Secretariat of Finance and the Ministry of the Economy.

How it's calculated

It is compiled by summing general-government liabilities (securities, loans and deposits) consolidated across subsectors, separating peso-denominated from foreign-currency debt. The debt-to-GDP ratio relates that stock to the size of the economy and may follow IMF definitions.

Market implications

Argentina's debt is a critical variable given its history of defaults and restructurings and its heavy dollar component. A high or rising level raises funding costs, pressures the peso and shapes IMF programmes, and it is watched closely by markets and rating agencies.

Limitations

It is a low-frequency figure that is heavily revised. Strong inflation and exchange-rate swings distort both the peso stock and the ratio to nominal GDP, which can move with no real change in borrowing; the currency composition is also worth watching.