Argentina recorded a government budget deficit of 16585.90 ARS Million in October of 2018. Government Budget Value in Argentina averaged -2972.23 ARS Million from 1993 until 2018, reaching an all time high of 6026.30 ARS Million in May of 2008 and a record low of -119607.10 ARS Million in December of 2017.

Government Budget Value in Argentina is expected to be -30086.00 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 -16600.00 in 12 months time. In the long-term, the Argentina Government Budget Value is projected to trend around -17129.00 ARS Million in 2020, according to our econometric models.

Argentina Government Budget Value
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Argentina Government Last Previous Highest Lowest Unit
Government Debt to GDP 57.10 53.30 166.70 34.50 percent [+]
Government Budget -3.90 -4.60 3.70 -6.40 percent of GDP [+]
Government Budget Value -16585.90 -22854.30 6026.30 -119607.10 ARS Million [+]
Government Spending 97236.00 92489.00 103040.00 49687.00 ARS Million [+]
Government Revenues 306649.50 284500.00 306649.50 3459.80 ARS Million [+]
Fiscal Expenditure 323235.40 307354.30 327330.60 3240.10 ARS Million [+]
Credit Rating 15.00 [+]
Military Expenditure 5164.97 4509.65 12465.97 1714.85 USD Million [+]


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. This page provides - Argentina Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Government Budget Value - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-16585.90 -22854.30 6026.30 -119607.10 1993 - 2018 ARS Million Monthly
Current Prices, NSA




Country Last
Argentina -16585.90 Oct/18
Australia -5446.00 Sep/18
Brazil -39173.00 Sep/18
Canada -1875.00 Aug/18
China -357.10 Sep/18
France -87.10 Sep/18
Germany 36.06 Jun/18
India -5947.32 Sep/18
Indonesia -347356.70 Dec/17
Italy -33.82 Sep/18
Japan -113831.00 Jun/18
Mexico -80181.00 Sep/18
Netherlands -8.90 Sep/18
Russia 3022.14 Oct/18
Saudi Arabia -238494.00 Dec/17
Singapore 2069.10 Jul/18
South Africa 15912.00 Sep/18
South Korea 14031.00 Sep/18
Spain -13245.00 Sep/18
Switzerland 1373.00 Dec/18
Turkey -5692472.00 Sep/18
United Kingdom -1174.00 Sep/18
United States -100000.00 Oct/18


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