Argentina Domestic Credit
Domestic credit provided by financial sector as % of GDP FS.AST.DOMS.GD.ZS
Argentina's domestic credit was 57.14% in 2025, ranked 29th globally. This represents a 43.9% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Argentina's domestic credit stood at 57.14% in 2025, a rise of +17.42% from 2024. Based on recent trends, this figure is projected to reach 57.14% by 2025. Argentina ranked 29th globally.
Argentina’s domestic credit to the private sector has risen from 21.67 in 1960 to 57.14 in 2025, placing the country 29th globally and surpassing peers such as Kenya (59.72) and the Dominican Republic (55.93). The indicator reached its all‑time high of 80.06 in 1989, a period marked by extensive financial liberalisation, before falling to a trough of 16.19 in 1965 during a phase of restrictive credit policies. Over the 65‑year coverage span, the long‑term trajectory has been upward, reflecting successive reforms that broadened access to bank financing and the expansion of non‑bank lenders. However, the gap between the 2025 level and the 1989 peak suggests that credit growth has slowed relative to its historic maximum, amid inflationary pressures and periodic sovereign debt crises that have constrained lender risk appetite. Continued macro‑economic stability and structural reforms aimed at deepening financial markets will be crucial if Argentina is to close the distance to its former peak and sustain higher credit expansion.
Data & projection
| Year | Domestic Credit | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 62.35% | - | - |
| 2026* trend | 59.74% | - | - |
| 2025* trend | 57.14% | - | - |
| 2025 | 57.14% | +17.42% | #29 |
| 2024 | 39.71% | −39.21% | #9 |
| 2023 | 78.92% | +37.46% | #33 |
| 2022 | 41.46% | +0.74% | #15 |
| 2021 | 40.72% | −5.06% | #12 |
| 2020 | 45.78% | +7.94% | #13 |
| 2019 | 37.84% | −1.02% | #12 |
| 2017 | 38.87% | +0.94% | #11 |
| 2016 | 37.93% | −2.50% | #12 |
| 2015 | 40.43% | +6.00% | #10 |
| 2014 | 34.43% | +1.24% | #9 |
| 2013 | 33.19% | +2.59% | #8 |
| 2012 | 30.60% | +4.14% | #9 |
| 2011 | 26.47% | +1.13% | #10 |
| 2010 | 25.33% | −0.33% | #9 |
Detected Pattern
Analysis
Argentina matched the Orthodox Tightening Cycle pattern in 2024. Historically, 57% of countries showing this pattern (177 out of 311) saw domestic credit improve within 24 months. View full analysis →
Frequently Asked Questions
Argentina's domestic credit was 57.14% in 2025. Ranked 29th globally. This represents a 43.9% increase from the previous year.
Argentina's domestic credit peaked at 80.06% in 1989.
The lowest domestic credit in Argentina was 16.19% in 1965.
Argentina ranks 29th globally in domestic credit as of 2025.
The World Bank indicator code is FS.AST.DOMS.GD.ZS. Data sourced from World Bank.
Argentina's domestic credit is projected to reach 57.14% by 2025 based on trend extrapolation.
The domestic credit of Argentina in 2025 was 57.14%. This ranks 29th in the world.
Cite this page
@misc{historysaid_argentina_domestic-credit,
title = {Argentina Domestic Credit},
url = {https://historysaid.com/argentina/domestic-credit/},
publisher = {HistorySaid},
year = {2026}
}