Argentina recorded a government debt equivalent to 89.40 percent of the country's Gross Domestic Product in 2019. source: Ministerio de Hacienda, Argentina

Government Debt to GDP in Argentina averaged 65.63 percent from 1997 until 2019, reaching an all time high of 166.70 percent in 2002 and a record low of 34.50 percent in 1997. This page provides - Argentina Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Government Debt to GDP - values, historical data and charts - was last updated on February of 2021.

Government Debt to GDP in Argentina is expected to reach 97.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Government Debt to GDP is projected to trend around 95.00 percent in 2021 and 93.00 percent in 2022, according to our econometric models.

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Argentina Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
89.40 86.00 166.70 34.50 1997 - 2019 percent Yearly

Argentina Government Last Previous Highest Lowest Unit
Government Debt to GDP 89.40 86.00 166.70 34.50 percent [+]
Government Budget -3.80 -5.00 3.70 -6.40 percent of GDP [+]
Government Budget Value -307627.50 -58692.80 25973.80 -307627.50 ARS Million [+]
Government Spending 90825.00 86822.00 105392.00 49687.00 ARS Million [+]
Government Revenues 837104.50 654771.50 837104.50 3240.10 ARS Million [+]
Fiscal Expenditure 805790.00 832709.30 1037577.60 3240.10 ARS Million [+]
Tax Revenue 772860.00 679640.00 772860.00 2818.66 ARS Million [+]
Military Expenditure 5337.00 5460.00 13711.00 1886.00 USD Million [+]
Credit Rating 15.00 [+]

Argentina Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.