Argentina recorded a Government Budget deficit equal to 2.40 percent of the country's Gross Domestic Product in 2022. Government Budget in Argentina averaged -2.26 percent of GDP from 2000 until 2022, reaching an all time high of 3.70 percent of GDP in 2004 and a record low of -8.50 percent of GDP in 2020. source: Banco Central de la República Argentina
Government Budget in Argentina is expected to reach -3.20 percent of GDP by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Government Budget is projected to trend around -3.50 percent of GDP in 2024 and -2.50 percent of GDP in 2025, according to our econometric models.