Argentina's PPG, IBRD (DOD, current US$) was US$10.74 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 78.74% from US$6.01 billion in 2014 (5.98% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$10.74 billion | 2024 |
| Five years earlier | US$7.13 billion | 2019 |
| Ten years earlier | US$6.01 billion | 2014 |
| Highest | US$10.74 billion | 2024 |
| Lowest | US$181.34 million | 1970 |
| Average since 2015 | US$7.83 billion | 2015–2024 |
| First recorded | US$181.34 million |
What the numbers say
In 2024, Argentina's PPG, IBRD (DOD, current US$) rose 8.6% on 2023 (from US$9.89 billion to US$10.74 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +3.7% and a typical year strayed about 9.4% from that (the standard deviation). This year's change was 0.5 standard deviations above 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 88.3% in 1987 and the biggest yearly fall was 11.8% in 2003. 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 US$550.06 million a year. A straight line explains 97% 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 11th highest value of the 62 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 | US$10.74 billion | 2024 |
| Upper middle income | US$162.69 billion | 2024 |
Closest to Argentina in the 2024 ranking
What this measures
Public and publicly guaranteed debt outstanding from the International Bank for Reconstruction and Development (IBRD) is nonconcessional. Nonconcessional debt excludes loans with an original grant element of 35 percent or more. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 55 values
| Year | PPG, IBRD (DOD, current US$) |
|---|---|
| 2024 | 10,737,718,000 |
| 2023 | 9,888,761,000 |
| 2022 | 9,205,452,000 |
| 2021 | 8,517,436,000 |
| 2020 | 7,721,162,000 |
| 2019 | 7,127,917,000 |
| 2018 | 6,879,292,000 |
| 2017 | 6,327,228,000 |
| 2016 | 6,047,721,000 |
| 2015 | 5,851,771,000 |
| 2014 |
PPG, IBRD (DOD, current US$) in nearby economies
- Belize — US$40.55 million (2024)
- Bolivia — US$925.77 million (2024)
- Brazil — US$15.13 billion (2024)
- Colombia — US$16.24 billion (2024)
- Dominica — US$0 (2016)
- Dominican Republic — US$1.93 billion (2024)
- Ecuador — US$6.28 billion (2024)
- El Salvador — US$918.46 million (2024)
- Grenada — US$13 million (2024)
- Guatemala — US$1.92 billion (2024)
- Jamaica — US$965.84 million (2024)
More economic policy & debt data for Argentina
- Total reserves, including gold (current US$) — 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 PPG, IBRD (DOD, current US$)?
- US$10.74 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 5,821% from US$181.34 million in 1970 (7.85% a year on average, compounded). The highest value was US$10.74 billion in 2024 and the lowest US$181.34 million in 1970.
- How does Argentina rank?
- 11th highest of 62 economies with data for 2024.
- Is the latest change in PPG, IBRD (DOD, current US$) unusual for Argentina?
- In 2024, Argentina's PPG, IBRD (DOD, current US$) rose 8.6% on 2023 (from US$9.89 billion to US$10.74 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +3.7% and a typical year strayed about 9.4% from that (the standard deviation). This year's change was 0.5 standard deviations above 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.DOD.MIBR.CD, 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in