Borrowers from commercial banks (per 1,000 adults) in Argentina
Argentina: Borrowers from commercial banks (per 1,000 adults) was 389.59 per 1,000 adults in 2024. ▲ Rising
Borrowers from commercial banks in Argentina, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
In 2024, borrowers from commercial banks in Argentina stood at 389.59 per 1,000 adults.
The figure is down 3.0% on the previous year and up 12.8% over ten years.
Over the whole period, borrowers from commercial banks in Argentina peaked at 401.59 per 1,000 adults in 2023 and was at its lowest, 165.27 per 1,000 adults, in 2004.
Argentina ranks 27th of 113 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Borrowers from commercial banks (per 1,000 adults) in Argentina, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 165.27 per 1,000 adults | — |
| 2005 | 187.87 per 1,000 adults | +13.7% |
| 2006 | 220.27 per 1,000 adults | +17.2% |
| 2007 | 252.63 per 1,000 adults | +14.7% |
| 2008 | 281.6 per 1,000 adults | +11.5% |
| 2009 | 291.92 per 1,000 adults | +3.7% |
| 2010 | 299.6 per 1,000 adults | +2.6% |
| 2011 | 321.19 per 1,000 adults | +7.2% |
| 2012 | 342.75 per 1,000 adults | +6.7% |
| 2013 | 334.02 per 1,000 adults | -2.5% |
| 2014 | 345.41 per 1,000 adults | +3.4% |
| 2015 | 357.59 per 1,000 adults | +3.5% |
| 2016 | 375.73 per 1,000 adults | +5.1% |
| 2017 | 378.79 per 1,000 adults | +0.8% |
| 2018 | 388.27 per 1,000 adults | +2.5% |
| 2019 | 381.96 per 1,000 adults | -1.6% |
| 2020 | 369.49 per 1,000 adults | -3.3% |
| 2021 | 366.82 per 1,000 adults | -0.7% |
| 2022 | 391.16 per 1,000 adults | +6.6% |
| 2023 | 401.59 per 1,000 adults | +2.7% |
| 2024 | 389.59 per 1,000 adults | -3.0% |
Argentina compared with similar countries
- Argentina's 389.59 per 1,000 adults is above the median for upper middle income countries, which is 263.02 per 1,000 adults, 1.5× the median. (33 countries reporting)
- Argentina's 389.59 per 1,000 adults is above the median for Latin America & Caribbean, which is 217.66 per 1,000 adults, 1.8× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 233.26 per 1,000 adults | 165.27 per 1,000 adults | 291.92 per 1,000 adults | 6 |
| 2010s | 352.53 per 1,000 adults | 299.6 per 1,000 adults | 388.27 per 1,000 adults | 10 |
| 2020s | 383.73 per 1,000 adults | 366.82 per 1,000 adults | 401.59 per 1,000 adults | 5 |
Countries ranked near Argentina
- 24 Maldives 403.15 per 1,000 adults compare
- 25 Bulgaria 392.81 per 1,000 adults compare
- 26 Azerbaijan 392.8 per 1,000 adults compare
- 28 North Macedonia 385.63 per 1,000 adults compare
- 29 Palau 383 per 1,000 adults compare
- 30 Uzbekistan 376.82 per 1,000 adults compare
More financial sector data for Argentina
- Reserve position in the IMF, US dollar, annual growth rate -100 % change on previous year (2022)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -100 % change on previous year (2022)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate -100 % change on previous year (2022)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -100 % change on previous year (2022)
Frequently asked questions
- What is borrowers from commercial banks in Argentina?
- Borrowers from commercial banks in Argentina was 389.59 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Argentina?
- The highest recorded value was 401.59 per 1,000 adults in 2023.
- What is the lowest borrowers from commercial banks recorded in Argentina?
- The lowest recorded value was 165.27 per 1,000 adults in 2004.
- How does Argentina rank for borrowers from commercial banks?
- Argentina ranks 27th out of 113 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in Argentina?
- Over the last ten years it is up 12.8%. The long-run trend across the full record is rising.
- Where does this Argentina data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.