Share of government expenditure going to interest payments in Argentina

Argentina: Share of government expenditure going to interest payments was 7.29 in 2023. ◆ Volatile

Latest (2023)
7.29
Change on year
down 6.1%
World rank
74th
of 152 countries
All-time high
34.28
in 2002
All-time low
6.52
in 2021
Years of data
25
1990–2023

Share of government expenditure going to interest payments in Argentina, 1990–2023

1020301990200620231990: 8.71991: 11.11992: 9.81993: 7.61994: 8.31995: 10.21996: 11.21997: 131998: 14.71999: 17.32000: 20.12001: 22.32002: 34.32003: 302004: 26.32014: 7.82015: 7.42016: 11.42017: 9.42018: 12.92019: 15.82020: 7.52021: 6.52022: 7.82023: 7.3

Source: Our World in Data.

Analysis

In 2023, share of government expenditure going to interest payments in Argentina stood at 7.29.

That represents a change of down 6.1% on the previous year and down 6.0% over ten years.

Over the whole period, share of government expenditure going to interest payments in Argentina peaked at 34.28 in 2002 and was at its lowest, 6.52, in 2021.

That places Argentina 74th out of 152 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Share of government expenditure going to interest payments in Argentina, year by year

Annual values for Share of government expenditure going to interest payments in Argentina, 1990 to 2023.
Year Value Change
1990 8.65
1991 11.05 +27.7%
1992 9.8 -11.3%
1993 7.61 -22.4%
1994 8.32 +9.4%
1995 10.2 +22.6%
1996 11.21 +9.9%
1997 13.04 +16.2%
1998 14.71 +12.9%
1999 17.27 +17.4%
2000 20.1 +16.4%
2001 22.27 +10.8%
2002 34.28 +53.9%
2003 30.01 -12.5%
2004 26.31 -12.3%
2014 7.76 -70.5%
2015 7.37 -4.9%
2016 11.39 +54.5%
2017 9.42 -17.3%
2018 12.88 +36.7%
2019 15.8 +22.7%
2020 7.5 -52.5%
2021 6.52 -13.0%
2022 7.76 +19.0%
2023 7.29 -6.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 11.19 7.61 17.27 10
2000s 26.6 20.1 34.28 5
2010s 10.77 7.37 15.8 6
2020s 7.27 6.52 7.76 4

Countries ranked near Argentina

  1. 71 Italy 7.65 compare
  2. 72 Canada 7.62 compare
  3. 73 Eswatini 7.62 compare
  4. 75 Greece 7.27 compare
  5. 76 Hungary 6.64 compare
  6. 77 Tajikistan 6.39 compare

See the full ranking of 152 places →

More reference data data for Argentina

All data for Argentina →

Frequently asked questions

What is share of government expenditure going to interest payments in Argentina?
Share of government expenditure going to interest payments in Argentina was 7.29 in 2023, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Argentina?
The highest recorded value was 34.28 in 2002.
What is the lowest share of government expenditure going to interest payments recorded in Argentina?
The lowest recorded value was 6.52 in 2021.
How does Argentina rank for share of government expenditure going to interest payments?
Argentina ranks 74th out of 152 countries with data for 2023.
Is share of government expenditure going to interest payments rising or falling in Argentina?
Over the last ten years it is down 6.0%. The long-run trend across the full record is volatile.
Where does this Argentina data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Argentina. Statizoid, drawing on Our World in Data. Retrieved 26 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/argentina/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed