Net incurrence of liabilities, total (current LCU) in Argentina
Argentina: Net incurrence of liabilities, total (current LCU) was 21.12 trillion current LCU in 2024. ◆ Volatile
Net incurrence of liabilities, total in Argentina, 2002–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net incurrence of liabilities, total in Argentina is 21.12 trillion current LCU, measured in 2024. That is the highest value across all 14 years on record.
The figure is up 134.8% on the previous year and up 9,412.9% over ten years.
Over the whole period, net incurrence of liabilities, total in Argentina peaked at 21.12 trillion current LCU in 2024 and was at its lowest, 8.78 billion current LCU, in 2004.
Argentina ranks 6th of 136 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total (current LCU) in Argentina, year by year
| Year | current LCU | Change |
|---|---|---|
| 2002 | 12.29 billion current LCU | — |
| 2003 | 22.83 billion current LCU | +85.7% |
| 2004 | 8.78 billion current LCU | -61.5% |
| 2014 | 221.97 billion current LCU | +2429.0% |
| 2015 | 225.81 billion current LCU | +1.7% |
| 2016 | 510.83 billion current LCU | +126.2% |
| 2017 | 735.13 billion current LCU | +43.9% |
| 2018 | 1.64 trillion current LCU | +122.7% |
| 2019 | 379.60 billion current LCU | -76.8% |
| 2020 | 1.35 trillion current LCU | +256.3% |
| 2021 | 2.29 trillion current LCU | +69.5% |
| 2022 | 5.15 trillion current LCU | +124.7% |
| 2023 | 8.99 trillion current LCU | +74.6% |
| 2024 | 21.12 trillion current LCU | +134.8% |
Argentina compared with similar countries
- Argentina's 21.12 trillion current LCU is above the median for upper middle income countries, which is 48.87 billion current LCU, 432.1× the median. (47 countries reporting)
- Argentina's 21.12 trillion current LCU is above the median for Latin America & Caribbean, which is 9.26 billion current LCU, 2280.0× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Net incurrence of liabilities, total (current LCU) in Argentina changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +2429.0% | 8.78 billion current LCU | 221.97 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.63 billion current LCU | 8.78 billion current LCU | 22.83 billion current LCU | 3 |
| 2010s | 618.38 billion current LCU | 221.97 billion current LCU | 1.64 trillion current LCU | 6 |
| 2020s | 7.78 trillion current LCU | 1.35 trillion current LCU | 21.12 trillion current LCU | 5 |
Countries ranked near Argentina
More public sector data for Argentina
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Frequently asked questions
- What is net incurrence of liabilities, total in Argentina?
- Net incurrence of liabilities, total in Argentina was 21.12 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Argentina?
- The highest recorded value was 21.12 trillion current LCU in 2024.
- What is the lowest net incurrence of liabilities, total recorded in Argentina?
- The lowest recorded value was 8.78 billion current LCU in 2004.
- How does Argentina rank for net incurrence of liabilities, total?
- Argentina ranks 6th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Argentina?
- Over the last ten years it is up 9,412.9%. 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.