Argentina External Debt to GNI
External debt stocks as % of GNI DT.DOD.DECT.GN.ZS
Argentina's external debt to gni was 26.84% in 2025, ranked 90th globally. This represents a 31.3% decrease from 2024. Data from World Bank, covering 1970–2025.
Overview
Argentina's external debt to gni stood at 26.84% in 2025, a decline of +12.22pp from 2024. Based on recent trends, this figure is projected to reach 26.84% by 2025. Argentina ranked 90th globally.
Argentina's external debt to GNI ratio has exhibited significant volatility over the past 56 years, with the all-time peak of 159.89% occurring in 2002, amidst the country's economic crisis. Conversely, the all-time trough of 10.73% was recorded in 1974, a period of relative economic stability. The latest available data indicates that Argentina's external debt to GNI ratio stands at 26.84%, ranking 90th globally. This is lower than some of its regional peers, such as Afghanistan, which has a ratio of 27.46%, but higher than the Philippines, which has a ratio of 26.28%. The downward trend from the peak in 2002 suggests efforts to manage and reduce external debt. However, Argentina's economic trajectory will be influenced by factors such as commodity prices, interest rates, and the country's ability to attract foreign investment, which could impact its external debt dynamics.
Data & projection
| Year | External Debt to GNI | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 12.89% | - | - |
| 2026* trend | 19.86% | - | - |
| 2025* trend | 26.84% | - | - |
| 2025 | 26.84% | −12.22pp | #90 |
| 2024 | 39.06% | −0.89pp | #44 |
| 2023 | 39.95% | −0.13pp | #45 |
| 2022 | 40.08% | −11.54pp | #45 |
| 2021 | 51.62% | −16.48pp | #58 |
| 2020 | 68.10% | +2.85pp | #77 |
| 2019 | 65.25% | +10.35pp | #87 |
| 2018 | 54.90% | +18.88pp | #76 |
| 2017 | 36.02% | +2.71pp | #51 |
| 2016 | 33.31% | +2.95pp | #45 |
| 2015 | 30.36% | +0.53pp | #41 |
| 2014 | 29.83% | +2.02pp | #48 |
| 2013 | 27.81% | +1.57pp | #44 |
| 2012 | 26.24% | −1.50pp | #47 |
| 2011 | 27.74% | −3.20pp | #54 |
Detected Pattern
Analysis
Argentina matched the Orthodox Tightening Cycle pattern in 2024. Historically, 57% of countries showing this pattern (177 out of 311) saw external debt to gni improve within 24 months. View full analysis →
Frequently Asked Questions
Argentina's external debt to gni was 26.84% in 2025. Ranked 90th globally. This represents a 31.3% decrease from the previous year.
Argentina's external debt to gni peaked at 159.89% in 2002.
The lowest external debt to gni in Argentina was 10.73% in 1974.
Argentina ranks 90th globally in external debt to gni as of 2025.
The World Bank indicator code is DT.DOD.DECT.GN.ZS. Data sourced from World Bank.
Argentina's external debt to gni is projected to reach 26.84% by 2025 based on trend extrapolation.
The external debt to gni of Argentina in 2025 was 26.84%. This ranks 90th in the world.
Cite this page
@misc{historysaid_argentina_external-debt-to-gni,
title = {Argentina External Debt to GNI},
url = {https://historysaid.com/argentina/external-debt-to-gni/},
publisher = {HistorySaid},
year = {2026}
}