Government Spending in Argentina increased to 96832 ARS Million in the fourth quarter of 2020 from 90647 ARS Million in the third quarter of 2020. source: Instituto Nacional de Estadística y Censos (INDEC)

Government Spending in Argentina averaged 81242.38 ARS Million from 2004 until 2020, reaching an all time high of 105392 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 June of 2021.

Government Spending in Argentina is expected to be 101247.00 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 99156.00 in 12 months time. In the long-term, the Argentina Government Spending is projected to trend around 104811.00 ARS Million in 2022 and 106698.00 ARS Million in 2023, according to our econometric models.

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Argentina Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
96832.00 90647.00 105392.00 49687.00 2004 - 2020 ARS Million Quarterly
Constant 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 -11444.90 -74465.70 25973.80 -307627.50 ARS Million [+]
Government Spending 96832.00 90647.00 105392.00 49687.00 ARS Million [+]
Government Revenues 806798.30 761323.70 837104.50 3240.10 ARS Million [+]
Credit Rating 15.00 [+]
Tax Revenue 862480.00 817880.00 862480.00 2818.66 ARS Million [+]
Military Expenditure 3143.00 3133.00 9718.00 1337.00 USD Million [+]


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.