Argentina vs Spain

Argentina vs Spain: Government debt

Government debt in 2025: 80.1% of GDP in Argentina and 100.5% of GDP in Spain, by IMF estimates. In 2025 the value was higher in Spain, by 20.4 percentage points, or 1.26 times that in Argentina.

% of GDP · IMF

Argentina vs Spain: Government debtGovernment debt in 2025: 80.1% of GDP in Argentina and 100.5% of GDP in Spain, by IMF estimates. In 2025 the value was higher in Spain, by 20.4 percentage points, or 1.26 times that in Argentina.
ArgentinaSpainIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Spain has been higher since 2024, when it overtook Argentina.
  • In 2025, Argentina ranked 32 and Spain ranked 14 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Argentina at 53.9% of GDP and Spain at 89.4% of GDP in 2031.

Every year

% of GDP · IMF

YearArgentinaSpain
202580.1100.5
202484.6101.4
2023153.4105.2
202284.3109.2
202181115.6
2020103.8119.2
201989.897.6
201885.399.7
201757101.1
201653.1102
201552.6102.4
201444.7104.4
201343.5100
201240.489.6
201138.969.5
201043.560.3
200955.453.1
200853.839.6
200762.135.7
200670.839
200580.342.4
2004117.945.3
2003125.247.7
2002147.251.2
20014854.1
200040.857.8
199938.960.9
199834.262.4
199731.764.3
199632.665.4
199530.861.6
199428.457
199326.954.6
19922544.1
1991–41.9
1990–41.3
1989–39.9
1988–38.5
1987–41.9
1986–42.1
1985–40.9
1984–36
1983–29.5
1982–24.4
1981–19.5
1980–16.1
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearArgentinaSpain
202669.497.6
202770.495.2
202865.693.2
202960.392
203056.790.7
203153.989.4

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Argentina vs Spain

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