The budget balance in relation to the GDP in Argentina was forecast to continuously increase between 2024 and 2029 by in total 1.4 percentage points. After the sixth consecutive increasing year, the budget balance is estimated to reach 1.33 percent and therefore a new peak in 2029. 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 expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.Find more key insights for the budget balance in relation to the GDP in countries like Chile, Paraguay, and Uruguay.

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 Government Debt: % of GDP

• Argentina Government debt accounted for 80.3 % of the country's Nominal GDP in Mar 2023, compared with the ratio of 79.5 % in the previous quarter.
• Argentina government debt to GDP ratio data is updated quarterly, available from Dec 2004 to Mar 2023.
• The data reached an all-time high of 116.8 % in Dec 2004 and a record low of 33.9 % in Jun 2012.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and quarterly Nominal GDP. The Ministry of Treasury provides Government Debt in USD. The National Institute of Statistics and Censuses provides annualized Nominal GDP in local currency. The Central Bank of Argentina average market exchange rate is used for currency conversions. Government Debt excludes debt swaps.


Related information about Argentina Government Debt: % of GDP

• In the latest reports, Argentina National Government Debt reached 398.2 USD bn in Mar 2023.
• The country's Nominal GDP reached 150.8 USD bn in Mar 2023.

The budget balance in Argentina was forecast to continuously increase between 2024 and 2029 by in total 30.9 billion U.S. dollars. After the sixth consecutive increasing year, the budget balance is estimated to reach 30.4 billion U.S. dollars and therefore a new peak in 2029. Find more key insights for the budget balance in countries like Uruguay, Paraguay, and Chile.

Government Spending in Argentina increased to 100295 ARS Million in the fourth quarter of 2024 from 96122 ARS Million in the third quarter of 2024. This dataset provides - Argentina Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Argentina recorded a Government Debt to GDP of 88.40 percent of the country's Gross Domestic Product in 2023. This dataset provides - Argentina Government Debt To GDP - 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.

In 2020, the debt that Argentina's central government owed to foreign creditors was ten 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 29.2 to 56.2 percent, while foreign debt increased by more than four times during the same period.

Argentina is one of the most indebted countries in the Latin American region. In 2023, the Argentinian central government's debt held in foreign currency represented 57 percent of its GDP, down from 79 percent in 2020. Gross national debt held in domestic currency as a share of GDP peaked in 2005, when it reached 33 percent.

Argentina AR: Net Incurrence of Liabilities: Total: % of GDP data was reported at 5.482 % in 2022. This records an increase from the previous number of 2.985 % for 2021. Argentina AR: Net Incurrence of Liabilities: Total: % of GDP data is updated yearly, averaging 4.390 % from Dec 2002 (Median) to 2022, with 12 observations. The data reached an all-time high of 10.895 % in 2018 and a record low of 0.137 % in 2019. Argentina AR: Net Incurrence of Liabilities: Total: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: Government Revenue, Expenditure and Finance. Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Weighted average;

Argentina AR: Net Incurrence of Liabilities: Total data was reported at 4,531,310.586 ARS mn in 2022. This records an increase from the previous number of 1,379,448.954 ARS mn for 2021. Argentina AR: Net Incurrence of Liabilities: Total data is updated yearly, averaging 368,323.450 ARS mn from Dec 2002 (Median) to 2022, with 12 observations. The data reached an all-time high of 4,531,310.586 ARS mn in 2022 and a record low of 8,777.153 ARS mn in 2004. Argentina AR: Net Incurrence of Liabilities: Total data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: Government Revenue, Expenditure and Finance. Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;

The national debt in Argentina was forecast to continuously increase between 2024 and 2029 by in total 602.4 billion U.S. dollars (+104.78 percent). After the twenty-second consecutive increasing year, the national debt is estimated to reach 1.2 trillion U.S. dollars and therefore a new peak in 2029. Notably, the national debt was continuously increasing over the past years.The indicator describes the general government gross debt which consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future.Find more key insights for the national debt in countries like Chile, Uruguay, and Paraguay.

Argentina recorded a trade surplus of 227 USD Million in February 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 ratio of national debt to gross domestic product (GDP) in Argentina was forecast to continuously decrease between 2024 and 2029 by in total 40 percentage points. According to this forecast, in 2029, the ratio will have decreased for the sixth consecutive year to 51.5 percent. Depicted here is the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Chile, Uruguay, and Paraguay.

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.

External Debt in Argentina decreased to 282752.61 USD Million in the third quarter of 2024 from 286881.05 USD Million in the second quarter of 2024. This dataset provides - Argentina External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

A Argentina registrou um déficit orçamentário do governo equivalente a 2,90 por cento do Produto Interno Bruto do país em 2023. Valores atuais, dados históricos, previsões, estatísticas, gráficos e calendário econômico - Argentina - Orçamento Público.

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)

The budget balance in relation to the GDP in Chile was forecast to increase between 2024 and 2029 by in total 2.2 percentage points. This overall increase does not happen continuously, notably not in 2028. The budget balance is estimated to amount to -0.11 percent in 2029. 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 expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.Find more key insights for the budget balance in relation to the GDP in countries like Paraguay, Uruguay, and Argentina.

Monthly GDP YoY in Argentina increased to 5.50 percent in December from 0.40 percent in November of 2024. This dataset includes a chart with historical data for Argentina Economic Activity Index.