Argentina recorded a government budget deficit of 120147.40 ARS Million in December of 2019. Government Budget Value in Argentina averaged -3659.27 ARS Million from 1993 until 2019, reaching an all time high of 25973.80 ARS Million in May of 2019 and a record low of -135316.20 ARS Million in December of 2018. source: Ministerio de Hacienda, Argentina
Government Budget Value in Argentina is expected to be -10000.00 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 -120000.00 in 12 months time. In the long-term, the Argentina Government Budget Value is projected to trend around -125000.00 ARS Million in 2020, according to our econometric models.