Public Debt in Argentina
Argentina - Public DebtThe economy seems to have markedly improved in the second quarter, after diving domestic demand caused GDP to contract in the first quarter. The economy expanded for the first time in over one year in May, propped up by a vigorous agricultural sector. Additionally, consumer confidence picked up in Q2, while the trade balance remained in surplus throughout the quarter. In further positive news, on 12 July, the IMF approved a fourth review of the standby credit deal, praising the country’s overcompliance with the deal’s criteria and authorizing the disbursement of a further USD 5.4 billion. Moreover, the government asked the IMF for tougher fiscal goals, to make its commitment to public-debt reduction more credible; in early July, Moody’s had changed its outlook from stable to negative, due to risks of a reversal in fiscal consolidation.
Argentina - Public Debt Data
|Public Debt (% of GDP)||43.5||44.7||52.6||53.3||57.1|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||6.69||0.15 %||Dec 17|
|Exchange Rate||43.88||0.45 %||Jul 31|
|Stock Market||42,058||2.26 %||Jul 31|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
August 23, 2019
The Universidad Torcuato di Tella (UTDT) consumer confidence index fell to 41.9 points in August from 44.2 points in July, which had marked the best result since January 2018.
August 22, 2019
The monthly indicator for economic activity (EMAE, Estimador Mensual de Actividad Económica) recorded flat growth year-on-year in June, after logging a 2.4% increase in May, which had marked the best result in over a year and exceeded market expectations.
August 21, 2019
Exports jumped 8.3% in year-on-year terms in July, following June’s 1.9% increase.
August 15, 2019
National consumer prices rose 2.2% over the previous month in July, coming in below June’s 2.7% month-on-month increase and marking the lowest reading in 14 months, according to the National Statistical Institute (INDEC).
Argentina: Consumer confidence jumps to 18-month high in July, but remains entrenched in pessimistic terrain
July 26, 2019
The Universidad Torcuato di Tella (UTDT) consumer confidence index surged to 44.2 points in July from 40.6 points in June, marking the best result since January 2018.