Government Spending in Argentina decreased to 90357 ARS Million in the first quarter of 2021 from 99473 ARS Million in the fourth quarter of 2020. source: Instituto Nacional de Estadística y Censos (INDEC)

Government Spending in Argentina averaged 81411.78 ARS Million from 2004 until 2021, 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 July of 2021.

Government Spending in Argentina is expected to be 95688.00 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 93068.00 in 12 months time. In the long-term, the Argentina Government Spending is projected to trend around 106661.00 ARS Million in 2022 and 109861.00 ARS Million in 2023, according to our econometric models.

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Argentina Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
90357.00 99473.00 105392.00 49687.00 2004 - 2021 ARS Million Quarterly
Constant Prices, NSA

Argentina Government Last Previous Highest Lowest Unit
Government Debt to GDP 102.00 90.20 166.70 34.50 percent of GDP [+]
Government Budget -8.50 -3.80 3.70 -8.50 percent of GDP [+]
Government Budget Value 25713.60 -11444.90 25973.80 -307627.50 ARS Million [+]
Government Spending 90357.00 99473.00 105392.00 49687.00 ARS Million [+]
Government Revenues 806798.30 761323.70 837104.50 3240.10 ARS Million [+]
Credit Rating 15.00 [+]
Tax Revenue 922850.00 862480.00 922850.00 2818.66 ARS Million [+]
Military Expenditure 3143.00 3133.00 9718.00 1337.00 USD Million [+]


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.