Argentina Consolidated Fiscal Balance: % of GDP

2004 - 2024 | Quarterly | % | CEIC Data

Key information about Argentina Consolidated Fiscal Balance: % of GDP

  • Argentina Consolidated Fiscal Balance recorded a deficit equal to 0.2 % of its Nominal GDP in Sep 2024, compared with a deficit equal to 0.7 % in the previous quarter
  • Argentina Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 2004 to Sep 2024, with an average ratio of -2.2 %
  • The data reached an all-time high of 2.4 % in Dec 2004 and a record low of -8.4 % in Dec 2020
CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from monthly Consolidated Fiscal Balance and quarterly Nominal GDP. The Ministry of the Treasury provides Consolidated Fiscal Balance in local currency. The National Institute of Statistics and Censuses provides annualized Nominal GDP in local currency. Consolidated Fiscal Balance as % of Nominal GDP covers Non-Financial Public Sector only. Consolidated Fiscal Balance prior 2015 includes property income or rent held by Fondo de Garantía de Sustentabilidad (FGS) and others and Central Bank of Argentina.


Further information about Argentina Consolidated Fiscal Balance: % of GDP

  • In the latest reports, Argentina National Government Debt reached 442.5 USD bn in Jun 2024
  • Argentina Nominal GDP reached 150.8 USD bn in Mar 2023

View Argentina's Consolidated Fiscal Balance: % of GDP from Dec 2004 to Sep 2024 in the chart:

Argentina Consolidated Fiscal Balance: % of GDP

What was Argentina's Consolidated Fiscal Balance: % of GDP in Sep 2024?

Argentina Consolidated Fiscal Balance recorded a deficit equal to 0.2 % of its Nominal GDP in Sep 2024, compared with a deficit equal to 0.7 % in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
-0.2 Sep 2024 -0.7 Jun 2024 -8.4 Dec 2020 2.4 Dec 2004 % quarterly Dec 2004 - Sep 2024

Consolidated Fiscal Balance: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) -1.3 2023 yearly 1997 - 2023
Algeria (%) -2.6 2022 yearly 1994 - 2022
Argentina (%) -0.2 Sep 2024 quarterly Dec 2004 - Sep 2024
Armenia (%) -3.1 Sep 2024 quarterly Dec 2002 - Sep 2024
Australia (%) -2.1 Sep 2024 quarterly Jun 2003 - Sep 2024
Austria (%) -3.7 Sep 2024 quarterly Dec 2001 - Sep 2024
Azerbaijan (%) 0.4 Jun 2021 monthly Dec 2004 - Jun 2021
Bahrain (%) -7.0 2021 yearly 1998 - 2021
Bangladesh (%) -5.1 2023 yearly 2006 - 2023
Belarus (%) -0.4 Sep 2021 quarterly Sep 2006 - Sep 2021
Belgium (%) -4.5 2023 yearly 1970 - 2023
Bolivia (%) -9.7 2023 yearly 1990 - 2023
Bosnia and Herzegovina (%) 2.8 Sep 2024 quarterly Dec 2008 - Sep 2024
Botswana (%) 2.5 Jun 2023 quarterly Mar 2004 - Jun 2023
Brazil (%) -5.8 Dec 2024 quarterly Dec 1997 - Dec 2024
Brunei (%) -11.9 2023 yearly 2010 - 2023
Bulgaria (%) -3.8 Sep 2024 quarterly Sep 2003 - Sep 2024
Cambodia (%) -0.1 2022 yearly 2007 - 2022
Canada (%) -1.8 Sep 2024 quarterly Jun 1993 - Sep 2024
Chile (%) -2.3 2023 yearly 1990 - 2023
China (%) -4.8 Dec 2024 quarterly Dec 1995 - Dec 2024
Colombia (%) -8.5 Mar 2024 quarterly Dec 2000 - Mar 2024
Croatia (%) -2.6 2021 yearly 2002 - 2021
Cyprus (%) 4.2 Sep 2024 quarterly Dec 1995 - Sep 2024
Czech Republic (%) -2.6 Sep 2024 quarterly Dec 1999 - Sep 2024
Denmark (%) 3.5 Sep 2024 quarterly Dec 1999 - Sep 2024
Ecuador (%) -1.3 Sep 2024 quarterly Dec 2000 - Sep 2024
Estonia (%) -3.1 Sep 2024 quarterly Dec 1999 - Sep 2024
European Union (%) -3.5 2023 yearly 1995 - 2023
Finland (%) -4.6 Sep 2024 quarterly Dec 1999 - Sep 2024
France (%) -6.0 Sep 2024 quarterly Dec 1949 - Sep 2024
Georgia (%) -1.8 Sep 2024 quarterly Dec 2006 - Sep 2024
Germany (%) -2.6 Sep 2024 quarterly Dec 1991 - Sep 2024
Ghana (%) -3.5 Jun 2024 quarterly Dec 2008 - Jun 2024
Greece (%) -1.3 Dec 2018 monthly Apr 1999 - Dec 2018
Hong Kong SAR, China (%) -6.1 Sep 2024 quarterly Sep 1999 - Sep 2024
Hungary (%) -5.5 Jun 2024 quarterly Dec 1999 - Jun 2024
Iceland (%) -3.1 Sep 2024 quarterly Mar 2002 - Sep 2024
India (%) -4.6 Sep 2024 quarterly Mar 2005 - Sep 2024
Indonesia (%) -2.3 Dec 2024 quarterly Dec 2014 - Dec 2024
Iran (%) -4.3 Mar 2021 quarterly Mar 2006 - Mar 2021
Ireland (%) 5.0 Sep 2024 quarterly Dec 2000 - Sep 2024
Israel (%) -8.6 Sep 2024 quarterly Dec 1999 - Sep 2024
Italy (%) -5.0 Sep 2024 quarterly Dec 1999 - Sep 2024
Ivory Coast (%) -5.3 2023 yearly 1960 - 2023
Japan (%) -6.2 2024 yearly 1996 - 2024
Jordan (%) 1.0 2018 yearly 1999 - 2018
Kazakhstan (%) 0.0 Sep 2024 quarterly Dec 2008 - Sep 2024
Kenya (%) -2.0 Sep 2024 quarterly Dec 2009 - Sep 2024
South Korea (%) -2.3 Sep 2024 quarterly Jun 2000 - Sep 2024
Kosovo (%) 0.2 Sep 2023 quarterly Dec 2010 - Sep 2023
Kuwait (%) -3.1 2023 yearly 1988 - 2023
Kyrgyzstan (%) 4.2 Oct 2024 monthly Jan 2007 - Oct 2024
Laos (%) 0.6 2023 yearly 2012 - 2023
Latvia (%) -1.8 Jun 2024 quarterly Dec 1999 - Jun 2024
Lebanon (%) -4.3 2020 yearly 1992 - 2020
Lithuania (%) -1.4 Sep 2024 quarterly Dec 1999 - Sep 2024
Luxembourg (%) -0.7 2023 yearly 1995 - 2023
Macau SAR, China (%) 7.3 Sep 2024 quarterly Dec 2003 - Sep 2024
North Macedonia (%) -4.5 2022 yearly 1993 - 2022
Malawi (%) -0.4 Jun 2023 monthly Apr 2005 - Jun 2023
Malaysia (%) -5.9 2023 yearly 1970 - 2023
Malta (%) -2.9 Sep 2024 quarterly Dec 1999 - Sep 2024
Mauritius (%) -6.3 Mar 2024 quarterly Dec 2010 - Mar 2024
Mexico (%) -4.2 Sep 2024 quarterly Dec 1980 - Sep 2024
Moldova (%) -5.2 2023 yearly 1998 - 2023
Mongolia (%) 0.1 Sep 2024 quarterly Dec 2000 - Sep 2024
Montenegro (%) -0.9 Sep 2024 quarterly Dec 2012 - Sep 2024
Morocco (%) -5.1 2023 yearly 1980 - 2023
Mozambique (%) -2.7 2016 yearly 1996 - 2016
Myanmar (%) -7.6 2021 yearly 1986 - 2021
Nepal (%) -10.0 2018 yearly 2012 - 2018
Netherlands (%) -0.1 Mar 2023 quarterly Dec 1999 - Mar 2023
New Zealand (%) -1.0 Sep 2024 quarterly Dec 1999 - Sep 2024
Nigeria (%) -5.7 Sep 2024 quarterly Dec 2010 - Sep 2024
Norway (%) 13.3 Sep 2024 quarterly Dec 2002 - Sep 2024
Oman (%) 2.3 Sep 2023 quarterly Dec 2005 - Sep 2023
Pakistan (%) -3.7 2024 yearly 2000 - 2024
Palestinian Territory (%) -4.0 2020 yearly 2010 - 2020
Panama (%) -3.0 2023 yearly 2003 - 2023
Paraguay (%) -1.0 Sep 2024 quarterly Dec 2003 - Sep 2024
Peru (%) -4.2 Sep 2024 quarterly Dec 1990 - Sep 2024
Philippines (%) -5.8 Sep 2024 quarterly Dec 1985 - Sep 2024
Poland (%) -5.3 2023 yearly 1995 - 2023
Portugal (%) 1.0 Sep 2024 quarterly Dec 1995 - Sep 2024
Qatar (%) 0.0 Sep 2024 quarterly Mar 2011 - Sep 2024
Romania (%) -7.5 Sep 2024 quarterly Dec 2004 - Sep 2024
Russia (%) -0.6 Jun 2024 quarterly Dec 1993 - Jun 2024
Saudi Arabia (%) 2.5 2022 yearly 1969 - 2022
Serbia (%) -1.8 Sep 2024 quarterly Dec 2005 - Sep 2024
Singapore (%) 2.1 Sep 2024 quarterly Mar 2012 - Sep 2024
Slovakia (%) -6.2 2020 yearly 1995 - 2020
Slovenia (%) -2.8 Sep 2024 quarterly Dec 2000 - Sep 2024
South Africa (%) -4.5 Sep 2024 quarterly Dec 1990 - Sep 2024
Spain (%) -3.2 Sep 2024 quarterly Dec 1995 - Sep 2024
Sri Lanka (%) -5.6 Sep 2024 quarterly Dec 2014 - Sep 2024
Sudan (%) -0.6 2021 yearly 2001 - 2021
Sweden (%) -0.6 2023 yearly 1995 - 2023
Switzerland (%) 0.2 2023 yearly 1990 - 2023

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Argentina Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.2 Sep 2024 quarterly Dec 2004 - Sep 2024
Consolidated Fiscal Balance (USD mn) -1,525.558 Dec 2024 monthly Jan 1993 - Dec 2024
Tax Revenue (USD mn) 9,278.915 Jan 2025 monthly Jan 1997 - Jan 2025
Tax Revenue: % of GDP (%) 16.1 Sep 2024 quarterly Mar 2004 - Sep 2024
National Government Debt (USD mn) 460,068.8 Sep 2024 quarterly Dec 1994 - Sep 2024
Government Debt: % of GDP (%) 80.3 Mar 2023 quarterly Dec 2004 - Mar 2023
Forecast: Government Expenditure (ARS bn) 740,993.414 2029 yearly 1993 - 2029
Forecast: Government Net Debt (ARS bn) 1,158,144.357 2029 yearly 1992 - 2029
Forecast: Government Revenue (ARS bn) 770,888.979 2029 yearly 1993 - 2029
Government Revenue: Taxes: Net Vat (ARS mn) 5,337,719.166 Jan 2025 monthly Jan 1997 - Jan 2025
Government Revenue: Social Security (ARS mn) 4,320,970.372 Jan 2025 monthly Jan 1997 - Jan 2025
NFPS 2017: Current Revenue (ARS mn) 9,870,949.800 Dec 2024 monthly Jan 2015 - Dec 2024
NFPS 2017: Current Expenditure (ARS mn) 11,169,204.300 Dec 2024 monthly Jan 2015 - Dec 2024
NFPS 2017: Capital Expenditure (ARS mn) 259,221.900 Dec 2024 monthly Jan 2015 - Dec 2024
NFPS 2017: Total Revenue (ARS mn) 9,871,120.900 Dec 2024 monthly Jan 2015 - Dec 2024
NFPS 2017: Total Expenditure (ARS mn) 11,428,426.200 Dec 2024 monthly Jan 2015 - Dec 2024
Non Financial Public Sector (NFPS) 2017: Total Balance (ARS mn) -1,557,305.300 Dec 2024 monthly Jan 2015 - Dec 2024
Government Revenue: Taxes (ARS mn) 187,540.45 Jul 2018 monthly Jan 1997 - Jul 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.933 2028 yearly 1980 - 2028
Trade Balance (USD mn) 1,017.6 Dec 2024 monthly Jan 1991 - Dec 2024
Total Exports (USD mn) 7,056.4 Dec 2024 monthly Jan 1991 - Dec 2024
Total Exports Growth (%) -27.2 Apr 2023 monthly Jan 1992 - Apr 2023
Aluminum: Exports (USD th) 5,640.661 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 600,720.896 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 123,326.762 2022 yearly 1995 - 2022
Total Imports (USD mn) 6,038.7 Dec 2024 monthly Jan 1991 - Dec 2024
Total Imports Growth (%) 19.1 Dec 2024 monthly Jan 1992 - Dec 2024
Imports: Medicament (USD th) 1,433,987.074 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,977,432.955 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 612.194 Dec 2024 monthly Dec 1995 - Dec 2024
Total Imports from USA (USD mn) 531.945 Dec 2024 monthly Dec 1995 - Dec 2024
Total Exports to China (USD mn) 339.079 Dec 2024 monthly Jan 2003 - Dec 2024
Total Imports from China (USD mn) 1,206.920 Dec 2024 monthly Apr 1983 - Dec 2024
Exports: fob: Industrial: Transport Material (USD mn) 8,350.345 2023 yearly 1989 - 2023
Exports: fob: Agricultural: Residues & Waste from Food Industry (USD mn) 9,022.071 2023 yearly 1989 - 2023
Exports: fob: Industrial: Chemicals & Related Products (USD mn) 4,286.131 2023 yearly 1989 - 2023
Exports: fob: Agricultural: Fats and Oils (USD mn) 5,821.010 2023 yearly 1989 - 2023
Exports: fob: Primary Products: Cereals (USD mn) 8,705.911 2023 yearly 1989 - 2023
Export Value Index (2015=100) 137.248 2021 yearly 1980 - 2021
Import Value Index (2015=100) 104.950 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 613.7 Sep 2024 quarterly Mar 1992 - Sep 2024
Current Account Balance (USD mn) 1,400.7 Sep 2024 quarterly Mar 1976 - Sep 2024
Current Account Balance: % of GDP (%) 0.8 Sep 2024 quarterly Mar 2004 - Sep 2024
Foreign Direct Investment (USD mn) 2,481.7 Sep 2024 quarterly Mar 1977 - Sep 2024
Foreign Direct Investment: % of GDP (%) 1.4 Sep 2024 quarterly Mar 2004 - Sep 2024
Foreign Portfolio Investment (USD mn) -2,781.197 Sep 2024 quarterly Mar 1994 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -1.6 Sep 2024 quarterly Mar 1994 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -93.5 Sep 2024 quarterly Mar 1994 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -2,687.685 Sep 2024 quarterly Mar 1994 - Sep 2024
External Debt (USD mn) 282,752.6 Sep 2024 quarterly Mar 2006 - Sep 2024
External Debt: % of GDP (%) 45.3 2023 yearly 1994 - 2023
External Debt: Short Term (USD mn) 103,743.9 Sep 2024 quarterly Sep 2003 - Sep 2024
External Debt: Short Term: % of GDP (%) 16.5 2023 yearly 2003 - 2023
Forecast: Current Account Balance (USD bn) 10.560 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 41,868.043 Sep 2024 quarterly Mar 2016 - Sep 2024
AR: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Asse... (USD mn) 0.153 2022 yearly 2006 - 2022
AR: BoP: Current Account: Services: Credit (USD mn) 16,110.565 2023 yearly 1976 - 2023
AR: BoP: Current Account: Services (USD mn) -6,415.897 2023 yearly 1976 - 2023
AR: BoP: Financial Account: Other Investment: Assets (USD mn) 15,380.081 2023 yearly 1976 - 2023
AR: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Liab... (USD mn) -4.297 2022 yearly 2002 - 2022
AR: BoP: Current Account (USD mn) -20,955.533 2023 yearly 1976 - 2023
AR: BoP: Current Account: Debit (USD mn) 113,525.338 2023 yearly 1976 - 2023
AR: BoP: Financial Account: Other Investment (USD mn) 10,412.580 2023 yearly 1976 - 2023
AR: BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) -4,125.084 2023 yearly 1976 - 2023
AR: BoP: Financial Account: Official Reserve Assets (USD mn) -21,674.972 2023 yearly 1976 - 2023
AR: BoP: Financial Account: Portfolio Investment: Liabilities (USD mn) -4,215.200 2023 yearly 1976 - 2023
AR: BoP: Current Account: Secondary Income (USD mn) 1,899.474 2023 yearly 1976 - 2023
BoP: Current Account: Services: Import (USD mn) 5,998.348 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: Financial Account: Other Investments (USD mn) 2,156.622 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: FA: Liabilities: Financial Derivatives (USD mn) -26.385 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: FA: Assets: Financial Derivatives (USD mn) -8.156 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: Financial Account: Direct Invt: NIL: Equity Investments & Investment Fund S... (USD mn) 1,823.173 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: Financial Account: Direct Invt: NIL: Debt Securities (USD mn) 658.550 Sep 2024 quarterly Mar 2006 - Sep 2024
Foreign Direct Investment (USD mn) 2,384.769 Jun 2024 quarterly Mar 2017 - Jun 2024
Foreign Direct Investment: Wholesale, Retail Trade & Repair of Motor Vehicles & ... (USD mn) -96.490 Jun 2024 quarterly Mar 2017 - Jun 2024
Foreign Direct Investment: Mining & Quarrying (USD mn) 850.610 Jun 2024 quarterly Mar 2017 - Jun 2024
Foreign Direct Investment: Manufacturing (USD mn) 968.859 Jun 2024 quarterly Mar 2017 - Jun 2024
Foreign Direct Investment: Deposit-taking Corporations, except Central Bank (USD mn) 899.935 Jun 2024 quarterly Mar 2017 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 Nov 2024 monthly Dec 2002 - Nov 2024
Household Debt: % of GDP (%) 4.5 Sep 2024 quarterly Dec 2004 - Sep 2024
Money Supply M1 (USD mn) 39,350.528 Nov 2024 monthly Jan 1990 - Nov 2024
Money Supply M2 (USD mn) 90,812.554 Nov 2024 monthly Jan 1990 - Nov 2024
M2 Growth (%) 222.6 Nov 2024 monthly Jan 1991 - Nov 2024
Reserve Requirement Ratio (%) 40.9 Nov 2024 monthly Apr 1985 - Nov 2024
Foreign Exchange Reserves (USD mn) 24,303.3 Dec 2024 monthly Dec 1956 - Dec 2024
Foreign Exchange Reserves: % of GDP (%) 3.598 Sep 2024 quarterly Dec 2004 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 3.7 May 2023 monthly Jan 1990 - May 2023
Gold Reserves (USD mn) 5,206.140 Dec 2024 monthly Dec 1956 - Dec 2024
Total Deposits (USD mn) 93,784.572 Jan 2025 monthly Jul 2002 - Jan 2025
Total Deposits Growth (%) 108.1 Jan 2025 monthly Jul 2003 - Jan 2025
Domestic Credit (USD mn) 188,652.9 Nov 2024 monthly Jan 1990 - Nov 2024
Domestic Credit Growth (%) 115.0 Nov 2024 monthly Jan 1991 - Nov 2024
Credit to Households (USD bn) 14.358 Jun 2024 quarterly Mar 1994 - Jun 2024
Credit to Private Non-Financial Sector (USD bn) 100.880 Jun 2024 quarterly Mar 1990 - Jun 2024
Household Debt (USD mn) 26,196.8 Nov 2024 monthly Dec 1999 - Nov 2024
Total Loans (USD mn) 0.000 Jan 2025 monthly Jan 1990 - Jan 2025
Total Loans Growth (%) -100.00 Jan 2025 monthly Jan 1991 - Jan 2025
Private Debt: % of Nominal GDP (%) 10.31 Sep 2024 quarterly Dec 2004 - Sep 2024
Money Supply: Month End: M3 (ARS th) 146,013,416,049.000 Nov 2024 monthly Jan 1990 - Nov 2024
Money Supply: Month End: M2 (ARS th) 91,856,898,681.000 Nov 2024 monthly Jan 1990 - Nov 2024
Money Supply: Month End: M1 (ARS th) 39,803,058,636.000 Nov 2024 monthly Jan 1990 - Nov 2024
ORA: Foreign Currency Reserves (FCR) (USD mn) 24,303.270 Dec 2024 monthly Jul 2006 - Dec 2024
Official Reserve Assets (ORA) (USD mn) 29,639.730 Dec 2024 monthly Dec 1999 - Dec 2024
Deposits: ARS (ARS mn) 98,802,046.677 Jan 2025 monthly Jul 2002 - Jan 2025
Loans (ARS mn) 5,759,914.20 Jun 2018 monthly Jan 1990 - Jun 2018
Loans: ARS: Non Financial: Private: Mortgages (ARS mn) 1,920,824.290 Jan 2025 monthly Jul 2002 - Jan 2025
Business and Economic Survey Last Frequency Range
Geopolitical Risk Index (%) 0.034 Jan 2025 monthly Jan 1985 - Jan 2025

More Indicators for Argentina

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