Argentina: Use of IMF credit (DOD, current US$)

Key figures

What the numbers say

In 2024, Argentina's use of IMF credit (DOD, current US$) fell US$435.43 million on 2023 (from US$47.61 billion to US$47.18 billion).

Across the 30 yearly changes before that (1994 to 2023), the average change was +US$1.47 billion and a typical year strayed about US$6.51 billion from that (the standard deviation). This year's change was 0.3 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 US$28.05 billion in 2018 and the biggest yearly fall was US$9.49 billion in 2006. 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$6.15 billion a year. A straight line explains 74% 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 3rd highest value of the 118 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.

Closest to Argentina in the 2024 ranking

• China — 1st of 118: US$47.22 billion
• India — 3rd of 118: US$21.58 billion
• Ukraine — 4th of 118: US$18.92 billion
• Brazil — 5th of 118: US$17.57 billion

What this measures

Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.

Regional and income-group figures are computed by the World Bank as a sum.

All 55 values

Use of IMF credit (DOD, current US$) in nearby economies

• Belize — US$56.71 million (2024)
• Bolivia — US$514.16 million (2024)
• Brazil — US$17.57 billion (2024)
• Colombia — US$5.96 billion (2024)
• Dominica — US$39.61 million (2024)
• Dominican Republic — US$1.02 billion (2024)
• Ecuador — US$9.92 billion (2024)
• El Salvador — US$666.25 million (2024)
• Grenada — US$60.62 million (2024)
• Guatemala — US$797.75 million (2024)
• Guyana

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

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Argentina's use of IMF credit (DOD, current US$)?

US$47.18 billion in 2024, according to the World Bank (World Development Indicators).

How does Argentina rank?

3rd highest of 118 economies with data for 2024.

Is the latest change in use of IMF credit (DOD, current US$) unusual for Argentina?

In 2024, Argentina's use of IMF credit (DOD, current US$) fell US$435.43 million on 2023 (from US$47.61 billion to US$47.18 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +US$1.47 billion and a typical year strayed about US$6.51 billion from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB).

Source

World Bank, World Development Indicators, indicator DT.DOD.DIMF.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.