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Over 20 million Argentines in debt as state debts continue to rise

Argentines face financial challenges with millions in personal debt, while the state accumulates significant arrears in its obligations.

31 August 2026Tagblick Newsdesk

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Archive photo: Over 20 million Argentines in debt as state debts continue to rise — Archive photoPhoto: Democratas - A Força das Novas Ideias · Flickr · BY

More than 20 million Argentine citizens are in debt, according to data from the country's Central Bank and local consultancies. Of these, about 6 million are in default, meaning they have overdue payments.

Eliana Yaynes and Iván Venencio shared personal experiences about their financial situations during a radio program, highlighting the reality for many Argentines struggling with their debts.

The personal debt crisis reflects a critical economic situation in Argentina, leading some individuals to abandon attempts to refinance their financial obligations, deeming them unpayable.

Alongside the financial crisis faced by citizens, the Argentine state is also grappling with a rising debt in arrears. Data indicates that the state's debts have reached 706 million euros.

The healthcare sector is cited as responsible for the increase in this debt, with a rise of 168 million euros. The Regional and Local Administration has intervened partially in an effort to control this increase.

These facts reveal a disastrous landscape for the country's economy, where both citizens and the state are facing high levels of indebtedness.

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