Argentina vs Uruguay

Argentina vs Uruguay: Government debt

Government debt in 2025: 80.1% of GDP in Argentina and 65.6% of GDP in Uruguay, by IMF estimates. In 2025 the value was higher in Argentina, by 14.5 percentage points, or 1.22 times that in Uruguay.

% of GDP · IMF

Argentina vs Uruguay: Government debtGovernment debt in 2025: 80.1% of GDP in Argentina and 65.6% of GDP in Uruguay, by IMF estimates. In 2025 the value was higher in Argentina, by 14.5 percentage points, or 1.22 times that in Uruguay.
ArgentinaUruguayIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Argentina has been higher since 2017, when it overtook Uruguay.
  • In 2025, Argentina ranked 32 and Uruguay ranked 45 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Argentina at 53.9% of GDP and Uruguay at 69.2% of GDP in 2031.

Every year

% of GDP · IMF

YearArgentinaUruguay
202580.165.6
202484.667.6
2023153.463
202284.359.4
20218164.1
2020103.868.2
201989.859.6
201885.357.9
20175755.8
201653.156.4
201552.657.8
201444.751.1
201343.550
201240.449.8
201138.941.3
201043.540.9
200955.446.2
200853.846.2
200762.152.8
200670.861.1
200580.366.2
2004117.973.7
2003125.291.9
2002147.290.1
20014839.4
200040.830.5
199938.924.1
199834.2–
199731.7–
199632.6–
199530.8–
199428.4–
199326.9–
199225–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearArgentinaUruguay
202669.467.7
202770.468.7
202865.669.7
202960.369.8
203056.769.5
203153.969.2

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 Uruguay

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