Argentina recorded a government budget deficit of 167181.50 ARS Million in September of 2020. source: Ministerio de Hacienda, Argentina

Government Budget Value in Argentina averaged -7419.84 ARS Million from 1993 until 2020, reaching an all time high of 25973.80 ARS Million in May of 2019 and a record low of -253706.20 ARS Million in June 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 October of 2020.

Government Budget Value in Argentina is expected to be -18824.85 ARS Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Argentina to stand at -30000.00 in 12 months time. In the long-term, the Argentina Government Budget Value is projected to trend around -18824.85 ARS Million in 2021 and 80000.00 ARS Million in 2022, according to our econometric models.

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Argentina Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-167181.50 -251287.02 25973.80 -253706.20 1993 - 2020 ARS Million Monthly
Current Prices, NSA

Argentina Government Last Previous Highest Lowest Unit
Government Debt to GDP 89.40 86.00 166.70 34.50 percent [+]
Government Budget -3.80 -5.00 3.70 -6.40 percent of GDP [+]
Government Budget Value -167181.50 -251287.02 25973.80 -253706.20 ARS Million [+]
Government Spending 86822.00 90957.00 105392.00 49687.00 ARS Million [+]
Government Revenues 671334.10 609900.22 749012.40 3240.10 ARS Million [+]
Fiscal Expenditure 805790.00 832709.30 1037577.60 3240.10 ARS Million [+]
Tax Revenue 606510.00 612150.00 612150.00 2818.66 ARS Million [+]
Military Expenditure 5337.00 5460.00 13711.00 1886.00 USD Million [+]
Credit Rating 15.00 [+]

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.