Government Spending in Argentina decreased to 86822 ARS Million in the second quarter of 2020 from 90957 ARS Million in the first quarter of 2020.

Government Spending in Argentina averaged 80845.21 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 October of 2020.

Government Spending in Argentina is expected to be 89340.00 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 99845.00 in 12 months time. In the long-term, the Argentina Government Spending is projected to trend around 91393.00 ARS Million in 2021 and 93220.00 ARS Million in 2022, according to our econometric models.

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Argentina Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
86822.00 90957.00 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 -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 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.