As 2020, Argentina was the Latin American country with the highest central government debt in relation to its gross domestic product (GDP). The volume of debt held by Argentina's central government represented nearly 103 percent of the country's GDP. Among the countries shown in this graph, Brazil had the second highest share, with 88.8 percent. Based on public debt value, Brazil is among the most indebted Latin American countries.
Central government debt as percentage of GDP in Latin America in 2020, by country
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Economic Commission for Latin America and the Caribbean. (November 1, 2021). Central government debt as percentage of GDP in Latin America in 2020, by country [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/913596/latin-america-caribbean-government-debt-gdp-share/
Economic Commission for Latin America and the Caribbean. "Central government debt as percentage of GDP in Latin America in 2020, by country." Chart. November 1, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/913596/latin-america-caribbean-government-debt-gdp-share/
Economic Commission for Latin America and the Caribbean. (2021). Central government debt as percentage of GDP in Latin America in 2020, by country. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/913596/latin-america-caribbean-government-debt-gdp-share/
Economic Commission for Latin America and the Caribbean. "Central Government Debt as Percentage of Gdp in Latin America in 2020, by Country." Statista, Statista Inc., 1 Nov 2021, https://www.statista.com/statistics/913596/latin-america-caribbean-government-debt-gdp-share/
Economic Commission for Latin America and the Caribbean, Central government debt as percentage of GDP in Latin America in 2020, by country Statista, https://www.statista.com/statistics/913596/latin-america-caribbean-government-debt-gdp-share/ (last visited July 22, 2024)
Central government debt as percentage of GDP in Latin America in 2020, by country [Graph], Economic Commission for Latin America and the Caribbean, November 1, 2021. [Online]. Available: https://www.statista.com/statistics/913596/latin-america-caribbean-government-debt-gdp-share/
