Argentina recorded a Government Budget deficit equal to 4.37 percent of the country's Gross Domestic Product in 2023. This dataset provides - Argentina Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The budget balance in relation to the gross domestic product (GDP) in Argentina stood at about 0.86 percent in 2024. From 1993 to 2024, the budget balance rose by approximately 0.88 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the budget balance will rise by around 0.64 percentage points, showing an overall upward trend with periodic ups and downs.The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.

Key information about Argentina Consolidated Fiscal Balance: % of GDP

• Argentina Consolidated Fiscal Balance recorded a deficit equal to 0.2 % of its Nominal GDP in Sep 2024, compared with a deficit equal to 0.7 % in the previous quarter
• Argentina Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 2004 to Sep 2024, with an average ratio of -2.2 %
• The data reached an all-time high of 2.4 % in Dec 2004 and a record low of -8.4 % in Dec 2020

CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from monthly Consolidated Fiscal Balance and quarterly Nominal GDP. The Ministry of the Treasury provides Consolidated Fiscal Balance in local currency. The National Institute of Statistics and Censuses provides annualized Nominal GDP in local currency. Consolidated Fiscal Balance as % of Nominal GDP covers Non-Financial Public Sector only. Consolidated Fiscal Balance prior 2015 includes property income or rent held by Fondo de Garantía de Sustentabilidad (FGS) and others and Central Bank of Argentina.


Further information about Argentina Consolidated Fiscal Balance: % of GDP

• In the latest reports, Argentina National Government Debt reached 442.5 USD bn in Jun 2024
• Argentina Nominal GDP reached 150.8 USD bn in Mar 2023

Key information about Argentina Consolidated Fiscal Balance

• Argentina Consolidated Fiscal Balance registered a surplus equal to 575.618 USD mn in Jan 2025, compared with a deficit equal to 1.526 USD bn in the previous month.
• Argentina Consolidated Fiscal Balance data is updated monthly, available from Jan 1993 to Jan 2025, with an average ratio of -422.517 USD mn.
• The data reached an all-time high of 2.358 USD bn in Sep 2021 and a record low of -8.438 USD bn in Dec 2017.

CEIC converts monthly Consolidated Fiscal Balance into USD. The Ministry of Treasury provides Consolidated Fiscal Balance in local currency. The Central Bank of Argentina average market exchange rate is used for currency conversions. Consolidated Fiscal Balance covers Non-Financial Public Sector only. Consolidated Fiscal Balance prior to January 2015 includes property income or rent held by Fondo de Garantía de Sustentabilidad (FGS) and others and Central Bank of Argentina.

Argentina recorded a Current Account deficit of 3016 USD Million in the second quarter of 2025. This dataset provides the latest reported value for - Argentina Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Argentina recorded a government budget surplus of 696965 ARS Million in September of 2025. This dataset provides - Argentina Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Argentina National Government Debt

• Argentina National Government Debt reached 460.1 USD bn in Sep 2024, compared with 442.5 USD bn in the previous quarter.
• Argentina National Government Debt data is updated quarterly, available from Dec 1994 to Sep 2024.
• The data reached an all-time high of 460.1 USD bn in Sep 2024 and a record low of 74.6 USD bn in Dec 1994.

The Ministry of Treasury provides quarterly Government Debt in USD. Government Debt excludes debt swaps. [COVID-19-IMPACT]


Related information about Argentina National Government Debt

• In the latest reports, Argentina Consolidated Fiscal Balance recorded a deficit equal to 0.2 % of its Nominal GDP in Sep 2024.
• The country's Government debt accounted for 80.3 % of its Nominal GDP in Mar 2023.
• Argentina Nominal GDP reached 150.8 USD bn in Mar 2023.

Argentina recorded a trade surplus of 1402 USD Million in August of 2025. This dataset provides the latest reported value for - Argentina Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic shows Argentina's trade balance of goods from 2014 to 2024. Trade balance is the value of exported goods minus the value of imported goods. A positive trade balance signifies a trade surplus, while a negative value signifies a trade deficit. In 2024, Argentina's trade surplus amounted to around **** billion U.S. dollars.

Key information about Argentina External Debt: % of GDP

• Argentina External Debt accounted for 45.3 % of the country's Nominal GDP in 2023, compared with the ratio of 44.7 % in the previous year.
• Argentina External Debt: % of Nominal GDP data is updated yearly, available from Dec 1994 to Dec 2023.
• The data reached an all-time high of 152.3 % in Dec 2002 and a record low of 25.5 % in Dec 2013.

CEIC calculates External Debt as % of Nominal GDP from annual External Debt and quarterly Nominal GDP. The National Institute of Statistics and Censuses provides External Debt in USD based on BPM6 and annualized Nominal GDP in local currency. The Central Bank of Argentina average market exchange rate is used for currency conversions. External Debt prior to 2006 is based on BPM5.


Related information about Argentina External Debt: % of GDP

• In the latest reports of Argentina, Current Account recorded a deficit of 3.4 USD bn in Dec 2023.
• Foreign Direct Investment (FDI) increased by 6.8 USD bn in Dec 2023.
• Argentina Direct Investment Abroad expanded by 621.9 USD mn in Mar 2024.
• Its Foreign Portfolio Investment fell by 437.6 USD mn in Mar 2024.
• The country's External Debt reached 289,968.7 in Mar 2024.
• The country's Nominal GDP was reported at 150.8 USD bn in Mar 2023.

With a total trade volume of 5.9 billion U.S. dollars, Brazil ranked as the most important trade partner of Argentina in the first quarter of 2024. During that same period, Argentina's largest trade deficit was with China, as the balance reached -1,158 million dollars.

Between 2008 and 2021, Argentina's purchasing power parity increased significantly. In 2008, the PPP was approximately 1.65 NCU per U.S. dollars, whereas it reached 43.14 NCU in 2021. In recent years, Argentina has been facing soaring inflation rates and a massive fiscal deficit, leaving the country in a deep economic crisis. Purchasing power parity indicates the number of units in the national currency (NCU) needed to buy the same amount of goods and services in a given country compared to those needed in the United States. This conversion aims to equalize the purchasing power among countries, by eliminating the differences in prices.

In 2020, the debt that Argentina's central government owed to foreign creditors was *** percent points lower than the amount of debt held with creditors based in the country. Argentina's internal debt in relation to the country's gross domestic product (GDP) almost doubled between 2012 and 2020, growing from **** to **** percent, while foreign debt increased by more than **** times during the same period.

Food deficit of Argentina plummeted by 33.33% from 3 kcal per person per day in 2015 to 2 kcal per person per day in 2016. The number of calories needed to lift the undernourished from their status, everything else being constant. The average intensity of food deprivation of the undernourished, estimated as the difference between the average dietary energy requirement and the average dietary energy consumption of the undernourished population (food-deprived), is multiplied by the number of undernourished to provide an estimate of the total food deficit in the country, which is then normalized by the total population.

Argentina recorded a Current Account surplus of 0.60 percent of the country's Gross Domestic Product in 2024. This dataset provides - Argentina Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Argentina's Trade Balance

• Argentina's Trade Balance recorded a surplus of 725.8 USD mn in Jan 2025, compared with a surplus of 1.0 USD bn in the previous month
• Argentina's Trade Balance data is updated monthly, available from Jan 1991 to Jan 2025, with an averaged value of 406.0 USD mn
• The data reached an all-time high of 2.5 USD bn in Aug 2021 and a record low of -1.3 USD bn in Dec 2017

CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports. The National Institute of Statistics and Censuses provides Total Exports and Total Imports in USD.

Further information about Argentina's Trade Balance

• In the latest reports, Argentina's Total Exports reached 7.1 USD bn in Dec 2024, a decrease of 19.1% YoY (year-on-year)
• Total Imports recorded 6.0 USD bn in Dec 2024, an increase of 19.1% YoY (year-on-year)

Key information about Argentina Current Account Balance

• Argentina Current Account recorded a surplus of 1.4 USD bn in Sep 2024, compared with a surplus of 3.6 USD bn in the previous quarter.
• Argentina Current Account Balance: USD mn data is updated quarterly, available from Mar 1976 to Sep 2024, with an averaged value of -757.0 USD mn.
• The data reached an all-time high of 4.3 USD bn in Jun 2009 and a record low of -9.4 USD bn in Mar 2018.
• CEIC extends history for quarterly Current Account Balance. The National Institute of Statistics and Censuses provides Current Account Balance in USD based on BPM6. Current Account Balance prior to Q1 2006 is based on BPM5 and prior to Q1 1994 is sourced from the International Monetary Fund.
• Foreign Direct Investment (FDI) increased by 2.5 USD bn in Sep 2024.
• Argentina Direct Investment Abroad expanded by 613.7 USD mn in Sep 2024.
• Its Foreign Portfolio Investment fell by 2.8 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 150.8 USD bn in Mar 2023.

Historical dataset showing Argentina trade balance by year from 1960 to 2023.

In 2024, Argentina had a trade deficit of nearly *********** U.S. dollars’ worth of health equipment, the third-highest deficit reported within the industry during the period analyzed. In 2015, this figure was equivalent to nearly ************ U.S. dollars. During the last year examined, imports of health equipment into Argentina reached a value of around *********** U.S. dollars.

2 (Kcal/pessoa/dia) in 2016. The number of calories needed to lift the undernourished from their status, everything else being constant. The average intensity of food deprivation of the undernourished, estimated as the difference between the average dietary energy requirement and the average dietary energy consumption of the undernourished population (food-deprived), is multiplied by the number of undernourished to provide an estimate of the total food deficit in the country, which is then normalized by the total population.