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Argentina's debt total increased fivefold in 18 months

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Key Points

  • Argentina's debt total increased fivefold in 18 months
  • The number of debtors reached 20.4 million
  • The total debt amount reached 17.5% of the total credit amount

By the Numbers

20.4 million17.5%

In Argentina, the total debt increased fivefold in the last 18 months. The number of debtors across the country reached 20.4 million. 26.1% of debtors are delayed in paying their debts for more than 90 days. The total debt amount reached 17.5% of the total credit amount.

The debt problem in the Argentine economy worsened, especially among non-financial credit providers. Non-financial credit providers account for 14.1% of the total credit amount, but the debt amount reached 31%.

Experts evaluating the country's economy point out that the debt problem will worsen, especially among non-financial credit providers. The number of debtors and the debt amount continue to increase.

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Frequently Asked Questions

Why did Argentina's debt total increase?
Argentina's debt total increased as a result of the worsening debt problem, especially among non-financial credit providers.
What is the number of debtors?
The number of debtors reached 20.4 million.
What is the total debt amount?
The total debt amount reached 17.5% of the total credit amount.

This is an AI-generated summary. The full story lives at the source.

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