# Argentina Credit Rating & Sovereign Risk Score

Makrognosis sovereign credit model scores Argentina at 58 out of 100 as of 9 November 2026, equivalent to BBB on the familiar letter scale — investment grade.
The score is down 2.8 points from 61 on 1 October 2026.
That places Argentina 49th of the 84 economies the model scores; Russia has the highest score at 100.
Key inputs include government debt of 78.1% of GDP, a fiscal balance of 0.4% of GDP, a current account balance of −0.07% of GDP.
This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.

- Source: Makrognosis sovereign credit model
- Makrognosis code: `CREDIT:AR`
- Scale: 0–100 (100 = strongest credit); grade equivalent is model-implied
- Page: https://makrognosis.robomacro.com/data/argentina/credit-rating

## Score history

| Date | Score | Grade equivalent |
|---|---:|---|
| 2026-11-09 | 58.3 | BBB |
| 2026-10-01 | 61.1 | BBB |
| 2026-07-31 | 61.1 | BBB |
| 2026-07-30 | 57.6 | BBB |
| 2026-07-26 | 57.4 | BBB- |
| 2026-06-21 | 28.4 | B |
| 2026-06-18 | 42.8 | BB |

## Inputs

| Input | Value |
|---|---:|
| GDP per capita | US$14,898 |
| Real GDP growth, 5-year average | 3.5% |
| Inflation, recent average | 32.7% |
| Government debt | 78.1% of GDP |
| Fiscal balance | 0.4% of GDP |
| Current account balance | −0.07% of GDP |
| External debt | 39.1% of GDP |
| Foreign-exchange reserves | 4.1 months of imports |
| Net international investment position | 6.3% of GDP |
| Governance (World Bank WGI composite) | −0.0688 |

## API

```
GET https://makrognosis.robomacro.com/v1/credit/AR
```