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Argentina Private Credit (% GDP)

Argentina's private credit (% GDP) fell to 15.24% in 2024, down from 15.44% in 2023, according to World Bank. This represents a decrease of 0.2% from the previous year. Argentina has private credit (% GDP) lower than the global median (15.24% vs median 39.47%). Compared with the median in Americas, Argentina is lower (15.24% vs regional median 48.39%) and ranks 30th out of 32 countries in Americas.

Yearly Historical Data (1960-2024)

(in %)
Year Private Credit (% GDP)
2024 15.24%
2023 15.44%
2022 12.91%
2021 13.26%
2020 15.75%
2019 14.48%
2017 15.96%
2016 13.67%
2015 14.41%
2014 13.82%
2013 15.73%
2012 15.21%
2011 14.01%
2010 12.69%
2009 12.42%
2008 12.31%
2007 13.1%
2006 11.91%
2005 10.65%
2004 9.68%
2003 10.76%
2002 15.33%
2001 20.83%
2000 23.89%
1999 24.89%
1998 24.15%
1997 21.93%
1996 20.19%
1995 19.96%
1994 20.28%
1993 18.28%
1992 15.45%
1991 12.59%
1990 15.6%
1989 39.72%
1988 20.34%
1987 21.3%
1986 16.91%
1985 17.36%
1984 25%
1983 28.12%
1982 33.91%
1981 33.55%
1980 25.4%
1979 24.06%
1978 20.56%
1977 18.38%
1976 13.56%
1975 16.44%
1974 19.17%
1973 16.71%
1972 17.63%
1971 18.02%
1970 17.54%
1969 15.98%
1968 13.87%
1967 10.94%
1966 11.06%
1965 10.11%
1964 10.63%
1963 11.52%
1962 12.01%
1961 14.09%
1960 13.61%
Argentina Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Argentina.