The skyline in Argentina

Argentina External Debt (% of GDP)

External Debt in Argentina

Merchandise exports drop at a quicker pace in April

Merchandise exports plummeted 29.3% in annual terms in April, following March’s 22.0% plunge. The result marked the sharpest contraction since December 2020. Meanwhile, merchandise imports slid 12.6% on an annual basis in April (March: -3.3% yoy).

As a result, the merchandise trade balance improved from the previous month, recording a USD 0.1 billion shortfall in April (March 2023: USD 1.1 billion deficit; April 2022: USD 1.5 billion surplus). Lastly, the trend deteriorated, with the 12-month trailing merchandise trade balance recording a USD 2.6 billion surplus in April, compared to the USD 4.2 billion surplus in March.

Argentina External Debt Chart

This chart displays External Debt (% of GDP) for Argentina from 2013 to 2022.

Argentina External Debt Data

2017 2018 2019 2020 2021
External Debt (% of GDP) 36.4 52.9 62.3 70.5 55.1

Free sample report

Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest