Argentina recorded a government budget surplus of 24073.60 ARS Million in January of 2021. source: Ministerio de Hacienda, Argentina

Government Budget Value in Argentina averaged -8589.56 ARS Million from 1993 until 2021, reaching an all time high of 25973.80 ARS Million in May of 2019 and a record low of -307627.50 ARS Million in December of 2020. This page provides - Argentina Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Government Budget Value - values, historical data and charts - was last updated on March of 2021.

Government Budget Value in Argentina is expected to be -18824.85 ARS Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Argentina to stand at -18824.85 in 12 months time. In the long-term, the Argentina Government Budget Value is projected to trend around -18824.85 ARS Million in 2022 and 80000.00 ARS Million in 2023, according to our econometric models.

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Argentina Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
24073.60 -307627.50 25973.80 -307627.50 1993 - 2021 ARS Million Monthly
Current Prices, NSA

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 24073.60 -307627.50 25973.80 -307627.50 ARS Million [+]
Government Spending 90825.00 86822.00 105392.00 49687.00 ARS Million [+]
Government Revenues 744422.50 837104.50 837104.50 3240.10 ARS Million [+]
Tax Revenue 716590.00 772860.00 772860.00 2818.66 ARS Million [+]
Military Expenditure 5337.00 5460.00 13711.00 1886.00 USD Million [+]
Credit Rating 15.00 [+]


Argentina Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.