24Peaks / South America / Argentina / Government Debt (MPO)

Argentina - Government Debt (MPO) 61.25

World Bank MPO (Spring 2026) · updated 2026-10-03 · 142 economies tracked

Latest value

61.25 (2028)

Global rank

##81 of 142 economies

Share of global total

0.8%

Growth since 1984

0.96×

Ranking Race — Government Debt (MPO)

1 = global #1 · lower value ranks higher

#1#24#47#70#93#116#139198019902000201020202028#5#812027 overtook Panama2028 overtook Philippines
ArgentinaZimbabweHaitiAfghanistanSomalia, Federal Republic of

Real annual global ranks, 1980 - 2028. Argentina climbed from #5 to #81 (overtook Panama). Gaps in a lane = missing data that year.

Key events for Argentina ↓

Key Events — Argentina

Auto-detected from rank data + curated milestones

1989
Hyperinflation curated

Prices spiral out of control before convertibility plan.

2001
Sovereign default curated

Largest default in history; peso peg abandoned.

2002
Fell 40 places in global rank auto
2003
Commodity boom rebound curated

Strong recovery driven by commodity exports.

2018
Fell 28 places in global rank auto
2018
Currency crisis curated

IMF bailout as the peso loses half its value.

2023
Fell 16 places in global rank auto
2024
Climbed 19 places in global rank auto

Government Debt (MPO), 1984-2028

World Bank MPO (Spring 2026) · % of GDP · linear scale · ranking in the race above
19841994200420142024202827.9175.28122.65170.02

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