Argentina recorded a Government Debt to GDP of 102 percent of the country's Gross Domestic Product in 2020. source: Ministerio de Hacienda, Argentina

Government Debt to GDP in Argentina averaged 67.22 percent from 1997 until 2020, 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 September of 2021.

Government Debt to GDP in Argentina is expected to reach 105.00 percent of GDP by the end of 2021, 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 100.00 percent of GDP in 2022 and 98.00 percent of GDP in 2023, according to our econometric models.

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Argentina Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
102.00 90.20 166.70 34.50 1997 - 2020 percent of GDP Yearly

Argentina Government Last Previous Highest Lowest Unit
Government Debt to GDP 102.00 90.20 166.70 34.50 percent of GDP [+]
Government Budget -8.50 -3.80 3.70 -8.50 percent of GDP [+]
Government Budget Value -98570.30 -153217.30 25973.80 -307627.50 ARS Million [+]
Government Spending 90357.00 99473.00 105392.00 49687.00 ARS Million [+]
Government Revenues 980267.60 1197329.50 1197329.50 3240.10 ARS Million [+]
Credit Rating 15.00 [+]
Tax Revenue 1005306.06 933200.17 1005306.06 2818.66 ARS Million [+]
Military Expenditure 3143.00 3133.00 9718.00 1337.00 USD Million [+]

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.