Argentina recorded a Government Budget deficit equal to 8.50 percent of the country's Gross Domestic Product in 2020. source: Banco Central de la República Argentina

Government Budget in Argentina averaged -2.21 percent of GDP from 2000 until 2020, 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. This page provides - Argentina Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Government Budget - values, historical data and charts - was last updated on December of 2021.

Government Budget in Argentina is expected to reach -6.30 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Government Budget is projected to trend around -5.00 percent of GDP in 2022 and -4.00 percent of GDP in 2023, according to our econometric models.

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Argentina Government Budget


Related Last Previous Unit Reference
Government Budget -8.50 -3.80 percent of GDP Dec/20
Argentina Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.