Argentina recorded a Government Budget deficit equal to 3.80 percent of the country's Gross Domestic Product in 2019. source: Banco Central de la República Argentina

Government Budget in Argentina averaged -1.90 percent of GDP from 2000 until 2019, reaching an all time high of 3.70 percent of GDP in 2004 and a record low of -6.40 percent of GDP in 2001. This page provides - Argentina Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Government Budget - values, historical data and charts - was last updated on December of 2020.

Government Budget in Argentina is expected to reach -9.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Government Budget is projected to trend around -6.30 percent of GDP in 2021 and -5.00 percent of GDP in 2022, according to our econometric models.

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Argentina Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-3.80 -5.00 3.70 -6.40 2000 - 2019 percent of GDP Yearly

Argentina Government Last Previous Highest Lowest Unit
Government Debt to GDP 89.40 86.00 166.70 34.50 percent [+]
Government Budget -3.80 -5.00 3.70 -6.40 percent of GDP [+]
Government Budget Value -81626.70 -167181.50 25973.80 -253706.20 ARS Million [+]
Government Spending 90825.00 86822.00 105392.00 49687.00 ARS Million [+]
Government Revenues 654903.20 671334.10 749012.40 3240.10 ARS Million [+]
Fiscal Expenditure 805790.00 832709.30 1037577.60 3240.10 ARS Million [+]
Tax Revenue 648976.29 642104.47 648976.29 2818.66 ARS Million [+]
Military Expenditure 5337.00 5460.00 13711.00 1886.00 USD Million [+]
Credit Rating 15.00 [+]


Argentina Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.