Households Debt in Argentina decreased to 7.10 percent of GDP in the third quarter of 2018 from 7.40 percent of GDP in the second quarter of 2018. Households Debt To GDP in Argentina averaged 4.94 percent of GDP from 1994 until 2018, reaching an all time high of 7.40 percent of GDP in the second quarter of 2018 and a record low of 2.50 percent of GDP in the first quarter of 2004.
Households Debt To GDP in Argentina is expected to be 8.25 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Households Debt To GDP in Argentina to stand at 8.72 in 12 months time. In the long-term, the Argentina Households Debt To GDP is projected to trend around 9.12 percent of GDP in 2020, according to our econometric models.