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 %)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.