Executive summary
The external debt of the private sector totaled USD 104,592 million as of 30.06.24, registering a quarterly fall of USD 1,955 million. This decrease was explained by both commercial debt of USD 1,731 million and financial debt of USD 225 million. In the year-on-year comparison, private external debt showed an increase of USD 11,052 million, explained by the increase in commercial debt, partially offset by the cancellations of financial debt.
The external commercial debt of the private sector totaled USD 64,283 million as of 30.06.24. The external debt for exports of goods closed the quarter at USD 5,993 million, showing a decrease of USD 780 million compared to 31.03.24 and USD 1,209 million in the year-on-year comparison.
The external debt for imports of goods totaled USD 45,288 million as of 06/30,24, with a decrease of USD 949 million in the quarter and an increase of USD 11,676 million in the year-on-year comparison. On the other hand, external debt for services reached USD 13,003 million as of 06/30/24, unchanged from the previous quarter and accumulating an increase of USD 1,327 million in year-on-year terms.
The external financial debt of the private sector totaled USD 40,309 million as of 30.06.24, with net costs of USD 225 million in the quarter and USD 742 million in the year-on-year comparison. The decrease in the quarter was explained by debt securities for USD 284 million and by “Other financial debt” for USD 197 million, partially offset by financial loans, which showed an increase in net terms of USD 257 million.