Interest payments (% of expense) in Argentina
Argentina: Interest payments (% of expense) was 7.3% in 2023. ◆ Volatile
Interest payments in Argentina, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Argentina recorded 7.3% for interest payments in 2023.
The figure is down 6.1% on the previous year and down 6.0% over ten years.
Over the whole period, interest payments in Argentina peaked at 34.3% in 2002 and was at its lowest, 6.5%, in 2021.
Argentina ranks 74th of 152 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments (% of expense) in Argentina, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 8.7% | — |
| 1991 | 11.1% | +27.7% |
| 1992 | 9.8% | -11.3% |
| 1993 | 7.6% | -22.4% |
| 1994 | 8.3% | +9.4% |
| 1995 | 10.2% | +22.6% |
| 1996 | 11.2% | +9.9% |
| 1997 | 13.0% | +16.2% |
| 1998 | 14.7% | +12.9% |
| 1999 | 17.3% | +17.4% |
| 2000 | 20.1% | +16.4% |
| 2001 | 22.3% | +10.8% |
| 2002 | 34.3% | +53.9% |
| 2003 | 30.0% | -12.5% |
| 2004 | 26.3% | -12.3% |
| 2014 | 7.8% | -70.5% |
| 2015 | 7.4% | -4.9% |
| 2016 | 11.4% | +54.5% |
| 2017 | 9.4% | -17.3% |
| 2018 | 12.9% | +36.7% |
| 2019 | 15.8% | +22.7% |
| 2020 | 7.5% | -52.5% |
| 2021 | 6.5% | -13.0% |
| 2022 | 7.8% | +19.0% |
| 2023 | 7.3% | -6.1% |
Argentina compared with similar countries
- Argentina's 7.3% is below the median for upper middle income countries, which is 8.8%, 83% of the median. (47 countries reporting)
- Argentina's 7.3% is below the median for Latin America & Caribbean, which is 10.3%, 71% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.2% | 7.6% | 17.3% | 10 |
| 2000s | 26.6% | 20.1% | 34.3% | 5 |
| 2010s | 10.8% | 7.4% | 15.8% | 6 |
| 2020s | 7.3% | 6.5% | 7.8% | 4 |
Countries ranked near Argentina
More public sector data for Argentina
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
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- Arms imports (SIPRI trend indicator values), per capita 0.941 SIPRI trend indicator values per person (2024)
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Frequently asked questions
- What is interest payments in Argentina?
- Interest payments in Argentina was 7.3% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Argentina?
- The highest recorded value was 34.3% in 2002.
- What is the lowest interest payments recorded in Argentina?
- The lowest recorded value was 6.5% in 2021.
- How does Argentina rank for interest payments?
- Argentina ranks 74th out of 152 countries with data for 2023.
- Is interest payments rising or falling in Argentina?
- Over the last ten years it is down 6.0%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.