Argentina Consolidated Fiscal Balance: % of GDP
2004 - 2020 | Quarterly | % | CEIC Data
Argentina Consolidated Fiscal Balance recorded a deficit equal to 8.3 % of its Nominal GDP in Sep 2020, compared with a deficit equal to 7.2 % in the previous quarter. Argentina Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 2004 to Sep 2020, with an average ratio of -1.8 %. The data reached an all-time high of 2.4 % in Dec 2004 and a record low of -8.3 % in Sep 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. National Statistics & Census Institute 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.
In the latest reports, Argentina National Government Debt reached 324.6 USD bn in Jun 2020. Argentina Nominal GDP reached 87.2 USD bn in Jun 2020.
View Argentina's Consolidated Fiscal Balance: % of GDP from Dec 2004 to Sep 2020 in the chart:
What was Argentina's Consolidated Fiscal Balance: % of GDP in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -8.3 Sep 2020 | -7.2 Jun 2020 | -8.3 Sep 2020 | 2.4 Dec 2004 | % | quarterly | Dec 2004 - Sep 2020 |
Consolidated Fiscal Balance: % of GDP by Country Comparison
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Includes Consolidated Fiscal Balance: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -1.9 2019 | yearly | 1997 - 2019 |
| Algeria (%) | -8.8 2017 | yearly | 1994 - 2017 |
| Argentina (%) | -8.3 Sep 2020 | quarterly | Dec 2004 - Sep 2020 |
| Armenia (%) | -4.8 Sep 2020 | quarterly | Dec 2002 - Sep 2020 |
| Australia (%) | -11.5 Sep 2020 | quarterly | Jun 2003 - Sep 2020 |
| Austria (%) | -5.5 Sep 2020 | quarterly | Dec 2001 - Sep 2020 |
| Azerbaijan (%) | 17.4 Jan 2021 | monthly | Dec 2004 - Jan 2021 |
| Bahrain (%) | -5.0 2014 | yearly | 1998 - 2014 |
| Bangladesh (%) | -5.4 2020 | yearly | 2006 - 2020 |
| Belarus (%) | -1.7 Sep 2020 | quarterly | Sep 2006 - Sep 2020 |
| Belgium (%) | -1.9 2019 | yearly | 1970 - 2019 |
| Bolivia (%) | -6.0 2018 | yearly | 1990 - 2018 |
| Bosnia and Herzegovina (%) | -1.7 Sep 2020 | quarterly | Dec 2008 - Sep 2020 |
| Botswana (%) | -9.8 Sep 2020 | quarterly | Mar 2004 - Sep 2020 |
| Brazil (%) | -13.9 Dec 2020 | quarterly | Dec 1997 - Dec 2020 |
| Brunei (%) | -5.0 2019 | yearly | 2010 - 2019 |
| Bulgaria (%) | -1.3 Sep 2020 | quarterly | Sep 2003 - Sep 2020 |
| Cambodia (%) | 2.3 2019 | yearly | 2007 - 2019 |
| Canada (%) | -9.7 Sep 2020 | quarterly | Jun 1993 - Sep 2020 |
| Chile (%) | -2.7 2019 | yearly | 1990 - 2019 |
| China (%) | -6.5 Dec 2020 | quarterly | Dec 1995 - Dec 2020 |
| Colombia (%) | -4.1 Jun 2020 | quarterly | Dec 2000 - Jun 2020 |
| Croatia (%) | 0.4 2019 | yearly | 2002 - 2019 |
| Cyprus (%) | -4.3 Sep 2020 | quarterly | Dec 1995 - Sep 2020 |
| Czech Republic (%) | -3.9 Sep 2020 | quarterly | Dec 1999 - Sep 2020 |
| Denmark (%) | -0.6 Sep 2020 | quarterly | Dec 1999 - Sep 2020 |
| Ecuador (%) | -5.2 Sep 2020 | quarterly | Dec 2000 - Sep 2020 |
| Estonia (%) | -3.5 Sep 2020 | quarterly | Dec 2000 - Sep 2020 |
| European Union (%) | -0.5 2019 | yearly | 1995 - 2019 |
| Finland (%) | -4.5 Sep 2020 | quarterly | Dec 1999 - Sep 2020 |
| France (%) | -6.2 Sep 2020 | quarterly | Dec 1949 - Sep 2020 |
| Georgia (%) | -7.6 Sep 2020 | quarterly | Dec 2006 - Sep 2020 |
| Germany (%) | -2.9 Sep 2020 | quarterly | Dec 1991 - Sep 2020 |
| Ghana (%) | -7.1 Jun 2020 | quarterly | Dec 2008 - Jun 2020 |
| Greece (%) | -1.3 Dec 2018 | monthly | Apr 1999 - Dec 2018 |
| Hong Kong SAR, China (%) | -7.1 Sep 2020 | quarterly | Sep 1999 - Sep 2020 |
| Hungary (%) | -5.1 Sep 2020 | quarterly | Dec 1999 - Sep 2020 |
| Iceland (%) | -2.4 Sep 2020 | quarterly | Mar 2004 - Sep 2020 |
| India (%) | -6.3 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Indonesia (%) | -5.0 Sep 2020 | quarterly | Dec 2014 - Sep 2020 |
| Iran (%) | -5.4 Sep 2018 | quarterly | Mar 2006 - Sep 2018 |
| Ireland (%) | -3.6 Sep 2020 | quarterly | Dec 2000 - Sep 2020 |
| Israel (%) | -8.8 Sep 2020 | quarterly | Dec 1999 - Sep 2020 |
| Italy (%) | -6.5 Sep 2020 | quarterly | Dec 1999 - Sep 2020 |
| Ivory Coast (%) | -3.0 2018 | yearly | 1960 - 2018 |
| Japan (%) | -5.8 2021 | yearly | 1996 - 2021 |
| Jordan (%) | 1.0 2018 | yearly | 1999 - 2018 |
| Kazakhstan (%) | -5.2 Sep 2020 | quarterly | Dec 2008 - Sep 2020 |
| Kenya (%) | -6.3 Sep 2020 | quarterly | Dec 2009 - Sep 2020 |
| South Korea (%) | -3.4 Sep 2020 | quarterly | Jun 2000 - Sep 2020 |
| Kosovo (%) | -6.2 Sep 2020 | quarterly | Dec 2010 - Sep 2020 |
| Kuwait (%) | -8.6 2017 | yearly | 1988 - 2017 |
| Kyrgyzstan (%) | -3.2 Nov 2020 | monthly | Jan 2007 - Nov 2020 |
| Laos (%) | -3.2 2019 | yearly | 2012 - 2019 |
| Latvia (%) | -3.4 Sep 2020 | quarterly | Dec 1999 - Sep 2020 |
| Lebanon (%) | -10.9 2019 | yearly | 1992 - 2019 |
| Lithuania (%) | -4.3 Sep 2020 | quarterly | Dec 1999 - Sep 2020 |
| Luxembourg (%) | -3.6 Sep 2020 | quarterly | Dec 2009 - Sep 2020 |
| Macau SAR, China (%) | -8.7 Sep 2020 | quarterly | Dec 2003 - Sep 2020 |
| North Macedonia (%) | -2.2 2019 | yearly | 1993 - 2019 |
| Malawi (%) | -5.2 Oct 2020 | monthly | Apr 2005 - Oct 2020 |
| Malaysia (%) | -3.6 2019 | yearly | 1970 - 2019 |
| Malta (%) | -8.0 Sep 2020 | quarterly | Dec 2000 - Sep 2020 |
| Mauritius (%) | -8.0 Jun 2020 | quarterly | Dec 2010 - Jun 2020 |
| Mexico (%) | -2.3 Sep 2020 | quarterly | Dec 1980 - Sep 2020 |
| Moldova (%) | -1.4 2019 | yearly | 1998 - 2019 |
| Mongolia (%) | -10.6 Sep 2020 | quarterly | Dec 2000 - Sep 2020 |
| Montenegro (%) | -11.6 Sep 2020 | quarterly | Dec 2012 - Sep 2020 |
| Morocco (%) | -5.6 2019 | yearly | 1980 - 2019 |
| Mozambique (%) | -2.7 2016 | yearly | 1996 - 2016 |
| Myanmar (%) | -2.6 2018 | yearly | 1986 - 2018 |
| Nepal (%) | -10.0 2018 | yearly | 2012 - 2018 |
| Netherlands (%) | -3.1 Sep 2020 | quarterly | Dec 1999 - Sep 2020 |
| New Zealand (%) | -0.6 Sep 2020 | quarterly | Dec 2001 - Sep 2020 |
| Nigeria (%) | -3.5 Sep 2020 | quarterly | Dec 2010 - Sep 2020 |
| Norway (%) | -1.3 Sep 2020 | quarterly | Dec 2002 - Sep 2020 |
| Oman (%) | -10.4 Jun 2020 | quarterly | Dec 2005 - Jun 2020 |
| Pakistan (%) | -9.1 2019 | yearly | 2000 - 2019 |
| Palestinian Territory (%) | -2.2 2019 | yearly | 2010 - 2019 |
| Panama (%) | -10.1 2020 | yearly | 2003 - 2020 |
| Paraguay (%) | -2.0 Sep 2020 | quarterly | Dec 2003 - Sep 2020 |
| Peru (%) | -5.6 Sep 2020 | quarterly | Dec 1990 - Sep 2020 |
| Philippines (%) | -6.8 Sep 2020 | quarterly | Dec 1985 - Sep 2020 |
| Poland (%) | -0.7 2019 | yearly | 1995 - 2019 |
| Portugal (%) | -4.0 Sep 2020 | quarterly | Dec 1999 - Sep 2020 |
| Qatar (%) | -1.0 Jun 2020 | quarterly | Mar 2011 - Jun 2020 |
| Romania (%) | -8.5 Sep 2020 | quarterly | Dec 2004 - Sep 2020 |
| Russia (%) | -3.5 Sep 2020 | quarterly | Dec 1993 - Sep 2020 |
| Saudi Arabia (%) | -4.5 2019 | yearly | 1969 - 2019 |
| Serbia (%) | -7.5 Sep 2020 | quarterly | Dec 2005 - Sep 2020 |
| Singapore (%) | -5.7 Sep 2020 | quarterly | Mar 2012 - Sep 2020 |
| Slovakia (%) | -1.4 2019 | yearly | 1995 - 2019 |
| Slovenia (%) | -4.9 Sep 2020 | quarterly | Dec 2000 - Sep 2020 |
| South Africa (%) | -10.6 Sep 2020 | quarterly | Dec 1990 - Sep 2020 |
| Spain (%) | -8.1 Sep 2020 | quarterly | Dec 1995 - Sep 2020 |
| Sri Lanka (%) | -9.6 Sep 2020 | quarterly | Dec 2014 - Sep 2020 |
| Sudan (%) | -2.4 2019 | yearly | 2001 - 2019 |
| Sweden (%) | 0.5 2019 | yearly | 1995 - 2019 |
| Switzerland (%) | 1.4 2019 | yearly | 1990 - 2019 |
| Syria (%) | -2.2 2010 | yearly | 1998 - 2010 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -8.3 Sep 2020 | quarterly | Dec 2004 - Sep 2020 |
| Consolidated Fiscal Balance (USD mn) | -34.295 Jan 2021 | monthly | Jan 1993 - Jan 2021 |
| Tax Revenue (USD mn) | 5,440.578 Jan 2021 | monthly | Jan 1997 - Jan 2021 |
| Tax Revenue: % of GDP (%) | 18.0 Sep 2020 | quarterly | Mar 2004 - Sep 2020 |
| National Government Debt (USD mn) | 332,247.5 Sep 2020 | quarterly | Dec 1994 - Sep 2020 |
| Government Debt: % of GDP (%) | 99.0 Sep 2020 | quarterly | Dec 2004 - Sep 2020 |
| Forecast: Government Expenditure (ARS bn) | 11,986.088 2020 | yearly | 1993 - 2020 |
| Forecast: Government Net Debt (ARS bn) | 26,077.404 2020 | yearly | 1992 - 2020 |
| Forecast: Government Revenue (ARS bn) | 8,907.085 2020 | yearly | 1993 - 2020 |
| Government Revenue: Social Security (ARS mn) | 188,264.884 Jan 2021 | monthly | Jan 1997 - Jan 2021 |
| Government Revenue: Taxes: Net Vat (ARS mn) | 232,831.605 Jan 2021 | monthly | Jan 1997 - Jan 2021 |
| Government Revenue: Taxes (ARS mn) | 187,540.45 Jul 2018 | monthly | Jan 1997 - Jul 2018 |
| Non Financial Public Sector (NFPS) 2017: Total Balance (ARS mn) | -3,030.300 Jan 2021 | monthly | Jan 2015 - Jan 2021 |
| NFPS 2017: Current Expenditure (ARS mn) | 575,134.000 Jan 2021 | monthly | Jan 2015 - Jan 2021 |
| NFPS 2017: Total Revenue (ARS mn) | 605,760.600 Jan 2021 | monthly | Jan 2015 - Jan 2021 |
| NFPS 2017: Total Expenditure (ARS mn) | 608,790.900 Jan 2021 | monthly | Jan 2015 - Jan 2021 |
| NFPS 2017: Capital Expenditure (ARS mn) | 33,656.900 Jan 2021 | monthly | Jan 2015 - Jan 2021 |
| NFPS 2017: Current Revenue (ARS mn) | 603,964.800 Jan 2021 | monthly | Jan 2015 - Jan 2021 |
| AR: Revenue Excluding Grants (ARS mn) | 2,328,812.299 2019 | yearly | 2002 - 2019 |
| AR: Social Contributions (ARS mn) | 897,830.800 2018 | yearly | 1990 - 2018 |
| AR: Expenditure (ARS mn) | 3,530,698.986 2019 | yearly | 2002 - 2019 |
| AR: Net Lending (+) / Net Borrowing (-) (ARS mn) | -786,810.400 2018 | yearly | 1990 - 2018 |
| AR: Net Acquisition of Financial Assets (ARS mn) | 819,597.400 2018 | yearly | 2002 - 2018 |
| AR: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains (ARS mn) | 272,779.800 2018 | yearly | 1990 - 2018 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 4.298 2025 | yearly | 1980 - 2025 |
| Trade Balance (USD mn) | 1,480.9 Jan 2021 | monthly | Jan 1991 - Jan 2021 |
| Total Exports (USD mn) | 3,709.7 Dec 2020 | monthly | Jan 1991 - Dec 2020 |
| Total Exports Growth (%) | 9.4 Jan 2021 | monthly | Jan 1992 - Jan 2021 |
| Aluminum: Exports (USD th) | 4,941.212 2019 | yearly | 1995 - 2019 |
| Exports: Medicament (USD th) | 478,181.334 2019 | yearly | 1995 - 2019 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 97,783.053 2019 | yearly | 1995 - 2019 |
| Total Imports (USD mn) | 4,395.8 Nov 2020 | monthly | Jan 1991 - Nov 2020 |
| Total Imports Growth (%) | 16.7 Jan 2021 | monthly | Jan 1992 - Jan 2021 |
| Imports: Medicament (USD th) | 1,215,956.843 2019 | yearly | 1995 - 2019 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 1,022,958.123 2019 | yearly | 1995 - 2019 |
| Total Exports to USA (USD mn) | 251.557 Dec 2020 | monthly | Dec 1995 - Dec 2020 |
| Total Imports from USA (USD mn) | 373.737 Oct 2020 | monthly | Dec 1995 - Oct 2020 |
| Total Exports to China (USD mn) | 259.066 Dec 2020 | monthly | Jan 2003 - Dec 2020 |
| Total Imports from China (USD mn) | 985.469 Dec 2020 | monthly | Apr 1983 - Dec 2020 |
| Exports (USD mn) | 4,912.000 Jan 2021 | monthly | Jan 1990 - Jan 2021 |
| Imports (USD mn) | 3,844.000 Jan 2021 | monthly | Jan 1990 - Jan 2021 |
| Exports: fob: Chile (USD mn) | 231.000 Jan 2021 | monthly | Jan 1999 - Jan 2021 |
| Exports: fob: China (USD mn) | 287.000 Jan 2021 | monthly | Jan 1999 - Jan 2021 |
| Exports: fob: India (USD mn) | 411.000 Jan 2021 | monthly | Jan 2003 - Jan 2021 |
| Exports: fob: Japan (USD mn) | 11.000 Jan 2021 | monthly | Jan 1999 - Jan 2021 |
| Exports: fob: South Korea (USD mn) | 39.000 Jan 2021 | monthly | Jan 2003 - Jan 2021 |
| Imports: cif: Chile (USD mn) | 45.000 Jan 2021 | monthly | Jan 1999 - Jan 2021 |
| Imports: cif: China (USD mn) | 871.000 Jan 2021 | monthly | Jan 1999 - Jan 2021 |
| Imports: cif: India (USD mn) | 66.000 Jan 2021 | monthly | Jan 2003 - Jan 2021 |
| Imports: cif: Japan (USD mn) | 69.000 Jan 2021 | monthly | Jan 1999 - Jan 2021 |
| Imports: cif: South Korea (USD mn) | 52.000 Jan 2021 | monthly | Jan 2003 - Jan 2021 |
| Exports: fob: Agricultural: Fats and Oils (USD mn) | 4,710.000 2019 | yearly | 1989 - 2019 |
| Exports: fob: Agricultural: Residues & Waste from Food Industry (USD mn) | 9,567.000 2019 | yearly | 1989 - 2019 |
| Exports: fob: Industrial: Chemicals & Related Products (USD mn) | 3,847.000 2019 | yearly | 1989 - 2019 |
| Exports: fob: Industrial: Transport Material (USD mn) | 6,466.000 2019 | yearly | 1989 - 2019 |
| Exports: fob: Primary Products: Cereals (USD mn) | 9,462.000 2019 | yearly | 1989 - 2019 |
| Imports: cif: HS: Nuclear Reactors, Boilers & Machinery (USD mn) | 7,578.000 2019 | yearly | 1990 - 2019 |
| Imports: cif: HS: Vehicles (USD mn) | 5,632.000 2019 | yearly | 1990 - 2019 |
| Imports: cif: HS: Machines, Instruments & Electric Materials (USD mn) | 6,435.000 2019 | yearly | 1990 - 2019 |
| Imports: cif: HS: Organic Chemicals (USD mn) | 2,370.000 2019 | yearly | 1990 - 2019 |
| Imports: cif: HS: Fuel, Oil & Petroleum Products Manufacturing (USD mn) | 4,190.000 2019 | yearly | 1990 - 2019 |
| AR: Export Value Index (2000=100) | 233.932 2018 | yearly | 1980 - 2018 |
| AR: Import Value Index (2000=100) | 260.169 2018 | yearly | 1980 - 2018 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.4 Nov 2020 | monthly | Dec 2002 - Nov 2020 |
| Household Debt: % of GDP (%) | 5.3 Sep 2020 | quarterly | Dec 2004 - Sep 2020 |
| Money Supply M1 (USD mn) | 40,355.939 Dec 2020 | monthly | Jan 1990 - Dec 2020 |
| Money Supply M2 (USD mn) | 71,741.719 Dec 2020 | monthly | Jan 1990 - Dec 2020 |
| M2 Growth (%) | 63.9 Dec 2020 | monthly | Jan 1991 - Dec 2020 |
| Reserve Requirement Ratio (%) | 41.1 Sep 2020 | monthly | Apr 1985 - Sep 2020 |
| Foreign Exchange Reserves (USD mn) | 34,067.4 Jan 2021 | monthly | Dec 1956 - Jan 2021 |
| Foreign Exchange Reserves: % of GDP (%) | 9.309 Sep 2020 | quarterly | Dec 2004 - Sep 2020 |
| Foreign Exchange Reserves: Months of Import (NA) | 8.9 Jan 2021 | monthly | Jan 1990 - Jan 2021 |
| Gold Reserves (USD mn) | 3,673.150 Jan 2021 | monthly | Dec 1956 - Jan 2021 |
| Total Deposits Growth (%) | 80.5 Jan 2021 | monthly | Jul 2003 - Jan 2021 |
| Total Deposits (USD mn) | 71,874.146 Feb 2021 | monthly | Jul 2002 - Feb 2021 |
| Domestic Credit (USD mn) | 164,095.2 Jul 2018 | monthly | Jan 1990 - Jul 2018 |
| Domestic Credit Growth (%) | 24.1 Jul 2018 | monthly | Jan 1991 - Jul 2018 |
| Credit to Households (USD bn) | 17.235 Sep 2020 | quarterly | Mar 1994 - Sep 2020 |
| Credit to Private Non-Financial Sector (USD bn) | 80.092 Sep 2020 | quarterly | Mar 1990 - Sep 2020 |
| Household Debt (USD mn) | 17,544.5 Feb 2021 | monthly | Jul 2002 - Feb 2021 |
| Total Loans (USD mn) | 174,666.924 Dec 2020 | monthly | Jan 1990 - Dec 2020 |
| Total Loans Growth (%) | 118.60 Sep 2020 | monthly | Jan 1991 - Sep 2020 |
| Private Debt: % of Nominal GDP (%) | 13.50 Sep 2020 | quarterly | Dec 2004 - Sep 2020 |
| Money Supply: Month End: M1 (ARS th) | 3,087,627,864.000 Nov 2020 | monthly | Jan 1990 - Nov 2020 |
| Money Supply: Month End: M2 (ARS th) | 5,381,458,178.000 Nov 2020 | monthly | Jan 1990 - Nov 2020 |
| Money Supply: Month End: M3 (ARS th) | 8,727,908,984.000 Nov 2020 | monthly | Jan 1990 - Nov 2020 |
| Official Reserve Assets (ORA) (USD mn) | 39,515.180 Jan 2021 | monthly | Dec 1999 - Jan 2021 |
| ORA: Foreign Currency Reserves (FCR) (USD mn) | 33,903.060 Jan 2021 | monthly | Jul 2006 - Jan 2021 |
| Loans (ARS mn) | 5,759,914.20 Jun 2018 | monthly | Jan 1990 - Jun 2018 |
| AR: Bank Non-Performing Loans to Total Gross Loans (%) | 5.748 2019 | yearly | 2005 - 2019 |
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