Argentina's multilateral debt service (% of public and publicly guaranteed debt service) was 35.62% in 2024, the latest year in the World Bank's World Development Indicators. That is up 12.06 percentage points from 23.56% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 35.62% | 2024 |
| Five years earlier | 9.5% | 2019 |
| Ten years earlier | 23.56% | 2014 |
| Highest | 92.63% | 2003 |
| Lowest | 6.85% | 1985 |
| Average since 2015 | 23.28% | 2015–2024 |
| First recorded | 8.9% | 1970 |
What the numbers say
In 2024, Argentina's multilateral debt service (% of public and publicly guaranteed debt service) fell 1.02 percentage points on 2023 (from 36.64% to 35.62%).
Across the 30 yearly changes before that (1994 to 2023), the average change was +0.42 percentage points and a typical year strayed about 16.13 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 70.18 percentage points in 2002 and the biggest yearly fall was 21.57 percentage points in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 3.14 percentage points a year. A straight line explains 57% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Argentina had the 63rd highest value of the 119 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Argentina | 35.62% | 2024 |
| Upper middle income | 15.92% | 2024 |
Closest to Argentina in the 2024 ranking
What this measures
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 55 values
| Year | Multilateral debt service (% of public and publicly guaranteed debt service) |
|---|---|
| 2024 | 35.62 |
| 2023 | 36.64 |
| 2022 | 31.64 |
| 2021 | 41.55 |
| 2020 | 24.74 |
| 2019 | 9.5 |
| 2018 | 9.73 |
| 2017 | 8.36 |
| 2016 | 14.23 |
| 2015 | 20.76 |
| 2014 |
Multilateral debt service (% of public and publicly guaranteed debt service) in nearby economies
- Belize — 52.51% (2024)
- Bolivia — 71.3% (2024)
- Brazil — 11.89% (2024)
- Colombia — 15.94% (2024)
- Dominica — 30.16% (2024)
- Dominican Republic — 24.58% (2024)
- Ecuador — 39.16% (2024)
- El Salvador — 24.46% (2024)
More economic policy & debt data for Argentina
- Total reserves, including gold (current US$) — US$41 billion (2025)
- Total reserves, excluding gold (current US$) — US$32.33 billion (2025)
- Final consumption expenditure (current US$) — US$580.02 billion (2025)
- Final consumption expenditure (current LCU) — 719.72 trillion (2025)
- Final consumption expenditure (constant 2015 US$) — US$522.52 billion (2025)
- Final consumption expenditure (constant LCU) — 646.27 billion (2025)
- Final consumption expenditure (% of GDP) — 84.91% (2025)
- Gross national expenditure deflator (base year varies by country) — 107,789 (2025)
- Gross national expenditure (current US$)
Reading data like this
Questions people ask
- What is Argentina's multilateral debt service (% of public and publicly guaranteed debt service)?
- 35.62% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 26.73 percentage points from 8.9% in 1970. The highest value was 92.63% in 2003 and the lowest 6.85% in 1985.
- How does Argentina rank?
- 63rd highest of 119 economies with data for 2024.
- Is the latest change in multilateral debt service (% of public and publicly guaranteed debt service) unusual for Argentina?
- In 2024, Argentina's multilateral debt service (% of public and publicly guaranteed debt service) fell 1.02 percentage points on 2023 (from 36.64% to 35.62%). Across the 30 yearly changes before that (1994 to 2023), the average change was +0.42 percentage points and a typical year strayed about 16.13 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator DT.TDS.MLAT.PG.ZS, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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