Argentina recorded a government budget deficit of 98570.30 ARS Million in July of 2021. source: Ministerio de Hacienda, Argentina

Government Budget Value in Argentina averaged -9403.56 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 September of 2021.

Government Budget Value in Argentina is expected to be 40000.00 ARS Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Government Budget Value is projected to trend around 180000.00 ARS Million in 2022, according to our econometric models.

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Argentina Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-98570.30 -153217.30 25973.80 -307627.50 1993 - 2021 ARS Million Monthly
Current Prices, NSA

Argentina Government Last Previous Highest Lowest Unit
Government Debt to GDP 102.00 90.20 166.70 34.50 percent of GDP [+]
Government Budget -8.50 -3.80 3.70 -8.50 percent of GDP [+]
Government Budget Value -98570.30 -153217.30 25973.80 -307627.50 ARS Million [+]
Government Spending 90357.00 99473.00 105392.00 49687.00 ARS Million [+]
Government Revenues 980267.60 1197329.50 1197329.50 3240.10 ARS Million [+]
Credit Rating 15.00 [+]
Tax Revenue 1005306.06 933200.17 1005306.06 2818.66 ARS Million [+]
Military Expenditure 3143.00 3133.00 9718.00 1337.00 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.