Government Spending in Argentina increased to 90825 ARS Million in the third quarter of 2020 from 86822 ARS Million in the second quarter of 2020. source: Instituto Nacional de Estadística y Censos (INDEC)

Government Spending in Argentina averaged 80994.16 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 March of 2021.

Government Spending in Argentina is expected to be 93322.00 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 95820.00 in 12 months time. In the long-term, the Argentina Government Spending is projected to trend around 97737.00 ARS Million in 2022 and 99692.00 ARS Million in 2023, according to our econometric models.

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Argentina Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
90825.00 86822.00 105392.00 49687.00 2004 - 2020 ARS Million Quarterly
Constant 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 24073.60 -307627.50 25973.80 -307627.50 ARS Million [+]
Government Spending 90825.00 86822.00 105392.00 49687.00 ARS Million [+]
Government Revenues 744422.50 837104.50 837104.50 3240.10 ARS Million [+]
Tax Revenue 716590.00 772860.00 772860.00 2818.66 ARS Million [+]
Military Expenditure 5337.00 5460.00 13711.00 1886.00 USD Million [+]
Credit Rating 15.00 [+]


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.