Argentina External Debt
Total external debt stocks DT.DOD.DECT.CD
Argentina's external debt was $243.2B in 2025, ranked 8th globally. This represents a 0.4% increase from 2024. Data from World Bank, covering 1970–2025.
Overview
Argentina's external debt stood at $243.2B in 2025, a rise of +$868.2M from 2024. Based on recent trends, this figure is projected to reach $243.2B by 2025. Argentina ranked 8th globally.
Argentina's external debt has experienced significant fluctuations over the past 56 years, with the latest value standing at 243,225,347,185.51, ranking eighth globally. The country's debt peaked in 2019 at 280,683,596,388.00, a stark contrast to its all-time trough in 1970, when it stood at 5,893,191,433.60. This stark contrast in debt levels underscores Argentina's journey from relative fiscal stability to a period of heightened borrowing in recent years. Comparatively, other emerging markets, such as Colombia, have also faced rising debt levels, with its debt standing at 216,821,639,580.40. The Russian Federation, while boasting a significantly higher debt level at 346,071,537,646.27, has managed to stabilize its external debt in recent years. Argentina's trajectory is likely to continue its upward trend, with a potential shift in trajectory contingent on the implementation of sustainable economic reforms and a reduction in reliance on foreign borrowing.
Data & projection
| Year | External Debt | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $239.3B | - | - |
| 2026* trend | $241.2B | - | - |
| 2025* trend | $243.2B | - | - |
| 2025 | $243.2B | +$868.2M | #8 |
| 2024 | $242.4B | −$10.4B | #111 |
| 2023 | $252.8B | +$3.8B | #112 |
| 2022 | $249.0B | +$2.9B | #113 |
| 2021 | $246.1B | −$9.5B | #113 |
| 2020 | $255.6B | −$25.1B | #113 |
| 2019 | $280.7B | +$2.9B | #113 |
| 2018 | $277.8B | +$51.9B | #113 |
| 2017 | $225.9B | +$44.3B | #113 |
| 2016 | $181.6B | +$4.5B | #113 |
| 2015 | $177.2B | +$23.4B | #113 |
| 2014 | $153.8B | +$3.6B | #110 |
| 2013 | $150.2B | +$10.3B | #109 |
| 2012 | $139.9B | −$3.0B | #109 |
| 2011 | $142.9B | +$16.2B | #110 |
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 improve within 24 months. View full analysis →
Frequently Asked Questions
Argentina's external debt was $243.2B in 2025. Ranked 8th globally. This represents a 0.4% increase from the previous year.
Argentina's external debt peaked at $280.7B in 2019.
The lowest external debt in Argentina was $5.9B in 1970.
Argentina ranks 8th globally in external debt as of 2025.
The World Bank indicator code is DT.DOD.DECT.CD. Data sourced from World Bank.
Argentina's external debt is projected to reach $243.2B by 2025 based on trend extrapolation.
Argentina's external debt was approximately 243.23 billion ($243.2B) in 2025.
The external debt of Argentina in 2025 was $243.2B. This ranks 8th in the world.
Cite this page
@misc{historysaid_argentina_external-debt,
title = {Argentina External Debt},
url = {https://historysaid.com/argentina/external-debt/},
publisher = {HistorySaid},
year = {2026}
}