Government Spending in Argentina increased to 94453 ARS Million in the third quarter of 2019 from 94405 ARS Million in the second quarter of 2019. Government Spending in Argentina averaged 80113.17 ARS Million from 2004 until 2019, reaching an all time high of 105558 ARS Million in the fourth quarter of 2017 and a record low of 49687 ARS Million in the first quarter of 2004.

Government Spending in Argentina is expected to be 89457.00 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 92847.00 in 12 months time. In the long-term, the Argentina Government Spending is projected to trend around 95654.00 ARS Million in 2020, according to our econometric models.

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Argentina Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
94453.00 94405.00 105558.00 49687.00 2004 - 2019 ARS Million Quarterly
Constant Prices, NSA


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.

Argentina Government Last Previous Highest Lowest Unit
Government Debt to GDP 86.20 56.60 166.70 34.50 percent [+]
Government Budget -5.50 -6.10 3.70 -6.40 percent of GDP [+]
Government Budget Value -6397.00 8526.90 25973.80 -135316.20 ARS Million [+]
Government Spending 94453.00 94405.00 105558.00 49687.00 ARS Million [+]
Government Revenues 464045.40 483751.10 520520.00 3459.80 ARS Million [+]
Fiscal Expenditure 470442.40 475224.20 527118.20 3240.10 ARS Million [+]
Credit Rating 12.00 [+]
Tax Revenue 492366.63 474870.11 492366.63 2818.66 ARS Million [+]
Military Expenditure 5337.00 5460.00 13711.00 1886.00 USD Million [+]