Government Spending in Argentina decreased to 90931 ARS Million in the first quarter of 2020 from 96893 ARS Million in the fourth quarter of 2019.

Government Spending in Argentina averaged 80545.38 ARS Million from 2004 until 2020, reaching an all time high of 105558 ARS Million in the fourth quarter of 2017 and a record low of 49687 ARS Million in the first quarter of 2004. This page provides - Argentina Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Government Spending - values, historical data and charts - was last updated on August of 2020.

Government Spending in Argentina is expected to be 91151.00 ARS Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Argentina to stand at 89567.00 in 12 months time. In the long-term, the Argentina Government Spending is projected to trend around 94267.00 ARS Million in 2021 and 96153.00 ARS Million in 2022, according to our econometric models.

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Argentina Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
90931.00 96893.00 105558.00 49687.00 2004 - 2020 ARS Million Quarterly
Constant Prices, NSA

Argentina Government Last Previous Highest Lowest Unit
Government Debt to GDP 89.40 86.00 166.70 34.50 percent [+]
Government Budget -5.50 -6.10 3.70 -6.40 percent of GDP [+]
Government Budget Value -253706.20 -251287.02 25973.80 -253706.20 ARS Million [+]
Government Spending 90931.00 96893.00 105558.00 49687.00 ARS Million [+]
Government Revenues 749012.40 609900.22 749012.40 3240.10 ARS Million [+]
Fiscal Expenditure 918119.30 828585.90 918119.30 3240.10 ARS Million [+]
Tax Revenue 559092.00 545960.00 559092.00 2818.66 ARS Million [+]
Military Expenditure 5337.00 5460.00 13711.00 1886.00 USD Million [+]
Credit Rating 10.00 [+]

Argentina Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.