Argentina recorded a Government Budget deficit equal to 4.37 percent of the country's Gross Domestic Product in 2023. Government Budget in Argentina averaged -2.44 percent of GDP from 2000 until 2023, reaching an all time high of 3.40 percent of GDP in 2004 and a record low of -7.03 percent of GDP in 2001. source: Banco Central de la República Argentina

Government Budget in Argentina is expected to reach -2.50 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Government Budget is projected to trend around -2.00 percent of GDP in 2026 and -1.00 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 15.00 Aug 2025
Government Budget -4.37 -4.72 percent of GDP Dec 2023
Government Budget Value 1749386.00 790532.90 ARS Million Jul 2025
Government Debt to GDP 83.20 156.60 percent of GDP Dec 2024
Government Revenues 13105874.00 11583222.90 ARS Million Jul 2025
Government Spending 92722.00 98477.00 ARS Million Mar 2025
Holidays
Military Expenditure 4177.60 4882.40 USD Million Dec 2024
Tax Revenue 15359000.00 16999000.00 ARS Million Aug 2025



Argentina Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-4.37 -4.72 3.40 -7.03 2000 - 2023 percent of GDP Yearly