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[BUSINESS] · Argentina · 56 sources

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Argentina faces rising household debt delinquency

Argentina is experiencing a significant rise in household debt delinquency. As of June 2026, approximately 5.91 million people are in a state of delinquency. Bank delinquency rates rose to 12.8%, while delinquency in virtual wallets reached 30.1%.

Data indicates that credit is increasingly being used to cover daily subsistence and routine expenses rather than long-term assets. In the Buenos Aires Metropolitan Area, delinquency rates vary significantly, with the Greater Buenos Aires region reaching an average of 25.0%, compared to 11.7% in the Autonomous City of Buenos Aires.

The International Monetary Fund (IMF) has stated that while these rising delinquency rates are being closely monitored, they do not currently pose a significant risk to Argentina's financial stability. The IMF noted that household debt remains relatively low at approximately 8% of GDP and that Argentine banks maintain adequate capitalization and liquidity, with provisions covering over 85% of non-performing loans.

Despite the IMF's assessment, local reports highlight the social impact, noting that many families are borrowing to meet basic needs like food and services. There is also a high rate of re-entry into delinquency, with 48.5% of debtors who regularized their status falling back into arrears within 12 months.

Entities

Argentina · Banco Central de la República Argentina · Banco Macro · Buenos Aires · Central Bank of the Argentine Republic · Cristian Ritondo · Fundación Encuentro · Félaban · IFI Inteligencia Financiera · INDEC · Insolvencia Colombia · International Monetary Fund

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