Argentina Consolidated Fiscal Balance: % of GDP

2004 - 2022 | Quarterly | % | CEIC Data

Key information about Argentina Consolidated Fiscal Balance: % of GDP

  • Argentina Consolidated Fiscal Balance recorded a deficit equal to 3.7 % of its Nominal GDP in Mar 2022, compared with a deficit equal to 3.6 % in the previous quarter
  • Argentina Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 2004 to Mar 2022, with an average ratio of -2.0 %
  • 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 376.3 USD bn in Mar 2022
  • Argentina Nominal GDP reached 138.6 USD bn in Mar 2022

View Argentina's Consolidated Fiscal Balance: % of GDP from Dec 2004 to Mar 2022 in the chart:

Argentina Consolidated Fiscal Balance: % of GDP

What was Argentina's Consolidated Fiscal Balance: % of GDP in Mar 2022?

Argentina Consolidated Fiscal Balance recorded a deficit equal to 3.7 % of its Nominal GDP in Mar 2022, compared with a deficit equal to 3.6 % in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
-3.7 Mar 2022 -3.6 Dec 2021 -8.4 Dec 2020 2.4 Dec 2004 % quarterly Dec 2004 - Mar 2022

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 (%) -4.5 2021 yearly 1997 - 2021
Algeria (%) -7.4 2018 yearly 1994 - 2018
Argentina (%) -3.7 Mar 2022 quarterly Dec 2004 - Mar 2022
Armenia (%) -3.2 Mar 2022 quarterly Dec 2002 - Mar 2022
Australia (%) -3.9 Jun 2022 quarterly Jun 2003 - Jun 2022
Austria (%) -3.9 Mar 2022 quarterly Dec 2001 - Mar 2022
Azerbaijan (%) 0.4 Jun 2021 monthly Dec 2004 - Jun 2021
Bahrain (%) -13.0 2020 yearly 1998 - 2020
Bangladesh (%) -5.2 2021 yearly 2006 - 2021
Belarus (%) -0.4 Sep 2021 quarterly Sep 2006 - Sep 2021
Belgium (%) -5.5 2021 yearly 1970 - 2021
Bolivia (%) -6.0 2018 yearly 1990 - 2018
Bosnia and Herzegovina (%) 0.9 Mar 2022 quarterly Dec 2008 - Mar 2022
Botswana (%) 0.5 Mar 2022 quarterly Mar 2004 - Mar 2022
Brazil (%) -4.7 Jun 2022 quarterly Dec 1997 - Jun 2022
Brunei (%) -19.6 2020 yearly 2010 - 2020
Bulgaria (%) -1.9 Jun 2022 quarterly Sep 2003 - Jun 2022
Cambodia (%) -6.4 2021 yearly 2007 - 2021
Canada (%) -1.9 Jun 2022 quarterly Jun 1993 - Jun 2022
Chile (%) -7.5 2021 yearly 1990 - 2021
China (%) -6.0 Jun 2022 quarterly Dec 1995 - Jun 2022
Colombia (%) -4.1 Sep 2021 quarterly Dec 2000 - Sep 2021
Croatia (%) 0.4 2019 yearly 2002 - 2019
Cyprus (%) -0.1 Mar 2022 quarterly Dec 1995 - Mar 2022
Czech Republic (%) -4.7 Mar 2022 quarterly Dec 1999 - Mar 2022
Denmark (%) 1.9 Mar 2022 quarterly Dec 1999 - Mar 2022
Ecuador (%) -0.8 Mar 2022 quarterly Dec 2000 - Mar 2022
Estonia (%) -1.7 Mar 2022 quarterly Dec 2000 - Mar 2022
European Union (%) -4.7 2021 yearly 1995 - 2021
Finland (%) -2.0 Mar 2022 quarterly Dec 1999 - Mar 2022
France (%) -4.3 Jun 2022 quarterly Dec 1949 - Jun 2022
Georgia (%) -5.0 Mar 2022 quarterly Dec 2006 - Mar 2022
Germany (%) -1.9 Jun 2022 quarterly Dec 1991 - Jun 2022
Ghana (%) -9.2 Mar 2022 quarterly Dec 2008 - Mar 2022
Greece (%) -1.3 Dec 2018 monthly Apr 1999 - Dec 2018
Hong Kong SAR, China (%) -3.5 Jun 2022 quarterly Sep 1999 - Jun 2022
Hungary (%) -6.4 Mar 2022 quarterly Dec 1999 - Mar 2022
Iceland (%) -2.4 Mar 2022 quarterly Mar 2002 - Mar 2022
India (%) -6.6 Jun 2022 quarterly Mar 2005 - Jun 2022
Indonesia (%) -2.3 Jun 2022 quarterly Dec 2014 - Jun 2022
Iran (%) -4.8 Mar 2019 quarterly Mar 2006 - Mar 2019
Ireland (%) -0.1 Mar 2022 quarterly Dec 2000 - Mar 2022
Israel (%) 1.3 Jun 2022 quarterly Dec 1999 - Jun 2022
Italy (%) -6.4 Mar 2022 quarterly Dec 1999 - Mar 2022
Ivory Coast (%) -3.0 2018 yearly 1960 - 2018
Japan (%) -6.5 2023 yearly 1996 - 2023
Jordan (%) 1.0 2018 yearly 1999 - 2018
Kazakhstan (%) -0.0 Jun 2022 quarterly Dec 2008 - Jun 2022
Kenya (%) -2.3 Mar 2022 quarterly Dec 2009 - Mar 2022
South Korea (%) -2.7 Jun 2022 quarterly Jun 2000 - Jun 2022
Kosovo (%) 0.9 Mar 2022 quarterly Dec 2010 - Mar 2022
Kuwait (%) -9.6 2019 yearly 1988 - 2019
Kyrgyzstan (%) 1.4 Jun 2022 monthly Jan 2007 - Jun 2022
Laos (%) -1.3 2021 yearly 2012 - 2021
Latvia (%) -7.3 Dec 2021 quarterly Dec 1999 - Dec 2021
Lebanon (%) -4.3 2020 yearly 1992 - 2020
Lithuania (%) -1.1 Dec 2021 quarterly Dec 1999 - Dec 2021
Luxembourg (%) 0.9 Dec 2021 quarterly Dec 2009 - Dec 2021
Macau SAR, China (%) -12.6 Sep 2021 quarterly Dec 2003 - Sep 2021
North Macedonia (%) -5.4 2021 yearly 1993 - 2021
Malawi (%) -0.7 Jun 2022 monthly Apr 2005 - Jun 2022
Malaysia (%) -7.0 2020 yearly 1970 - 2020
Malta (%) -8.0 Mar 2022 quarterly Dec 2000 - Mar 2022
Mauritius (%) -16.0 Mar 2022 quarterly Dec 2010 - Mar 2022
Mexico (%) -2.6 Jun 2022 quarterly Dec 1980 - Jun 2022
Moldova (%) -5.3 2020 yearly 1998 - 2020
Mongolia (%) -5.7 Jun 2022 quarterly Dec 2000 - Jun 2022
Montenegro (%) -0.4 Mar 2022 quarterly Dec 2012 - Mar 2022
Morocco (%) -8.1 2021 yearly 1980 - 2021
Mozambique (%) -2.7 2016 yearly 1996 - 2016
Myanmar (%) -3.0 2019 yearly 1986 - 2019
Nepal (%) -10.0 2018 yearly 2012 - 2018
Netherlands (%) -1.5 Mar 2022 quarterly Dec 1999 - Mar 2022
New Zealand (%) -3.4 Mar 2022 quarterly Dec 1999 - Mar 2022
Nigeria (%) -4.4 Mar 2022 quarterly Dec 2010 - Mar 2022
Norway (%) 14.6 Mar 2022 quarterly Dec 2002 - Mar 2022
Oman (%) -0.3 Mar 2022 quarterly Dec 2005 - Mar 2022
Pakistan (%) -6.1 2021 yearly 2000 - 2021
Palestinian Territory (%) -4.0 2020 yearly 2010 - 2020
Panama (%) -5.5 2021 yearly 2003 - 2021
Paraguay (%) -1.0 Mar 2022 quarterly Dec 2003 - Mar 2022
Peru (%) -0.4 Jun 2022 quarterly Dec 1990 - Jun 2022
Philippines (%) -7.9 Jun 2022 quarterly Dec 1985 - Jun 2022
Poland (%) -1.9 2021 yearly 1995 - 2021
Portugal (%) -1.5 Mar 2022 quarterly Sep 1999 - Mar 2022
Qatar (%) 6.9 Mar 2022 quarterly Mar 2011 - Mar 2022
Romania (%) -5.4 Jun 2022 quarterly Dec 2004 - Jun 2022
Russia (%) 2.1 Mar 2022 quarterly Dec 1993 - Mar 2022
Saudi Arabia (%) -11.2 2020 yearly 1969 - 2020
Serbia (%) -3.6 Jun 2022 quarterly Dec 2005 - Jun 2022
Singapore (%) 0.7 Jun 2022 quarterly Mar 2012 - Jun 2022
Slovakia (%) -6.2 2020 yearly 1995 - 2020
Slovenia (%) -2.6 Jun 2022 quarterly Dec 2000 - Jun 2022
South Africa (%) -4.6 Jun 2022 quarterly Dec 1990 - Jun 2022
Spain (%) -5.4 Mar 2022 quarterly Dec 1995 - Mar 2022
Sri Lanka (%) -11.6 Mar 2022 quarterly Dec 2014 - Mar 2022
Sudan (%) -5.0 2020 yearly 2001 - 2020
Sweden (%) -0.2 2021 yearly 1995 - 2021
Switzerland (%) -2.8 2020 yearly 1990 - 2020

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Argentina Key Series

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Includes 200 key indicators for Argentina, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.7 Mar 2022 quarterly Dec 2004 - Mar 2022
Consolidated Fiscal Balance (USD mn) -1,002.992 Jul 2022 monthly Jan 1993 - Jul 2022
Tax Revenue (USD mn) 8,892.626 Aug 2022 monthly Jan 1997 - Aug 2022
Tax Revenue: % of GDP (%) 15.3 Mar 2022 quarterly Mar 2004 - Mar 2022
National Government Debt (USD mn) 376,300.4 Mar 2022 quarterly Dec 1994 - Mar 2022
Government Debt: % of GDP (%) 78.6 Mar 2022 quarterly Dec 2004 - Mar 2022
Forecast: Government Expenditure (ARS bn) 109,556.099 2027 yearly 1993 - 2027
Forecast: Government Net Debt (ARS bn) 179,437.957 2027 yearly 1992 - 2027
Forecast: Government Revenue (ARS bn) 105,573.143 2027 yearly 1993 - 2027
Government Revenue: Social Security (ARS mn) 353,525.730 Aug 2022 monthly Jan 1997 - Aug 2022
Government Revenue: Taxes: Net Vat (ARS mn) 518,606.303 Aug 2022 monthly Jan 1997 - Aug 2022
Government Revenue: Taxes (ARS mn) 187,540.45 Jul 2018 monthly Jan 1997 - Jul 2018
NFPS 2017: Current Expenditure (ARS mn) 1,429,436.000 Jul 2022 monthly Jan 2015 - Jul 2022
NFPS 2017: Total Revenue (ARS mn) 1,384,925.500 Jul 2022 monthly Jan 2015 - Jul 2022
NFPS 2017: Current Revenue (ARS mn) 1,382,959.600 Jul 2022 monthly Jan 2015 - Jul 2022
Non Financial Public Sector (NFPS) 2017: Total Balance (ARS mn) -131,662.800 Jul 2022 monthly Jan 2015 - Jul 2022
NFPS 2017: Capital Expenditure (ARS mn) 87,152.300 Jul 2022 monthly Jan 2015 - Jul 2022
NFPS 2017: Total Expenditure (ARS mn) 1,598,465.400 Jun 2022 monthly Jan 2015 - Jun 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.158 2027 yearly 1980 - 2027
Trade Balance (USD mn) -424.0 Jul 2022 monthly Jan 1991 - Jul 2022
Total Exports (USD mn) 7,334.4 Jul 2022 monthly Jan 1991 - Jul 2022
Total Exports Growth (%) 7.1 Jul 2022 monthly Jan 1992 - Jul 2022
Aluminum: Exports (USD th) 7,986.132 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 733,621.525 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 170,981.321 2021 yearly 1995 - 2021
Total Imports (USD mn) 7,758.4 Jul 2022 monthly Jan 1991 - Jul 2022
Total Imports Growth (%) 51.7 Jul 2022 monthly Jan 1992 - Jul 2022
Imports: Medicament (USD th) 1,228,185.995 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 1,150,961.178 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 398.689 Jul 2022 monthly Dec 1995 - Jul 2022
Total Imports from USA (USD mn) 1,627.758 Jul 2022 monthly Dec 1995 - Jul 2022
Total Exports to China (USD mn) 602.898 Jun 2022 monthly Jan 2003 - Jun 2022
Total Imports from China (USD mn) 1,485.491 Jul 2022 monthly Apr 1983 - Jul 2022
Exports: fob: Primary Products: Cereals (USD mn) 13,751.000 2021 yearly 1989 - 2021
Exports: fob: Industrial: Chemicals & Related Products (USD mn) 5,035.000 2021 yearly 1989 - 2021
Exports: fob: Industrial: Transport Material (USD mn) 6,515.000 2021 yearly 1989 - 2021
Exports: fob: Agricultural: Residues & Waste from Food Industry (USD mn) 12,833.000 2021 yearly 1989 - 2021
Exports: fob: Agricultural: Fats and Oils (USD mn) 8,733.000 2021 yearly 1989 - 2021
Imports: cif: HS: Machines, Instruments & Electric Materials (USD mn) 6,638.000 2021 yearly 1990 - 2021
Imports: cif: HS: Organic Chemicals (USD mn) 3,337.000 2021 yearly 1990 - 2021
Imports: cif: HS: Fuel, Oil & Petroleum Products Manufacturing (USD mn) 5,803.000 2021 yearly 1990 - 2021
Imports: cif: HS: Vehicles (USD mn) 6,428.000 2021 yearly 1990 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 420.7 Mar 2022 quarterly Mar 1992 - Mar 2022
Current Account Balance (USD mn) -1,130.3 Mar 2022 quarterly Mar 1976 - Mar 2022
Current Account Balance: % of GDP (%) -0.8 Mar 2022 quarterly Mar 2004 - Mar 2022
Foreign Direct Investment (USD mn) 3,563.0 Mar 2022 quarterly Mar 1977 - Mar 2022
Foreign Direct Investment: % of GDP (%) 0.8 Dec 2021 quarterly Mar 2004 - Dec 2021
Foreign Portfolio Investment (USD mn) -1,394.474 Mar 2022 quarterly Mar 1994 - Mar 2022
Foreign Portfolio Investment: % of GDP (%) -1.0 Mar 2022 quarterly Mar 1994 - Mar 2022
Foreign Portfolio Investment: Equity Securities (USD mn) 155.4 Mar 2022 quarterly Mar 1994 - Mar 2022
Foreign Portfolio Investment: Debt Securities (USD mn) -1,549.918 Mar 2022 quarterly Mar 1994 - Mar 2022
External Debt (USD mn) 274,355.2 Mar 2022 quarterly Mar 2006 - Mar 2022
External Debt: % of GDP (%) 56.6 2021 yearly 1994 - 2021
External Debt: Short Term (USD mn) 77,093.7 Mar 2022 quarterly Sep 2003 - Mar 2022
External Debt: Short Term: % of GDP (%) 15.7 2021 yearly 2003 - 2021
Forecast: Current Account Balance (USD bn) 4.479 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) 77,626.422 Dec 2021 quarterly Mar 2016 - Dec 2021
BoP: Financial Account: Other Investments (USD mn) -3,720.448 Mar 2022 quarterly Mar 2006 - Mar 2022
BoP: Current Account: Services: Import (USD mn) 5,091.774 Mar 2022 quarterly Mar 2006 - Mar 2022
Foreign Direct Investment: Information & Communication (USD mn) -254.943 Dec 2016 quarterly Mar 2005 - Dec 2016
Foreign Direct Investment: Deposit-taking Corporations, except the Central Bank (USD mn) 418.013 Dec 2016 quarterly Mar 2005 - Dec 2016
Foreign Direct Investment: Wholesale & Retail Trade; Repair of Motor Vehicles & ... (USD mn) -165.881 Dec 2016 quarterly Mar 2005 - Dec 2016
Foreign Direct Investment: Other Financial Corporations (USD mn) -80.884 Dec 2016 quarterly Mar 2005 - Dec 2016
Foreign Direct Investment: First-Rate Investor: Spain (USD mn) -96.376 Dec 2016 quarterly Mar 2005 - Dec 2016
Foreign Direct Investment: First-Rate Investor: Netherlands (USD mn) -188.390 Dec 2016 quarterly Mar 2005 - Dec 2016
Foreign Direct Investment: First-Rate Investor: Chile (USD mn) 24.550 Dec 2016 quarterly Mar 2005 - Dec 2016
Foreign Direct Investment: First-Rate Investor: United States of america (USD mn) -522.212 Dec 2016 quarterly Mar 2005 - Dec 2016
Foreign Direct Investment: First-Rate Investor: Germany (USD mn) -24.999 Dec 2016 quarterly Mar 2005 - Dec 2016
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.2 Jun 2022 monthly Dec 2002 - Jun 2022
Household Debt: % of GDP (%) 4.4 Mar 2022 quarterly Dec 2004 - Mar 2022
Money Supply M1 (USD mn) 47,952.361 Jun 2022 monthly Jan 1990 - Jun 2022
Money Supply M2 (USD mn) 87,357.376 Jun 2022 monthly Jan 1990 - Jun 2022
M2 Growth (%) 59.3 Jun 2022 monthly Jan 1991 - Jun 2022
Reserve Requirement Ratio (%) 41.2 Jun 2022 monthly Apr 1985 - Jun 2022
Foreign Exchange Reserves (USD mn) 32,375.6 Jun 2022 monthly Dec 1956 - Jun 2022
Foreign Exchange Reserves: % of GDP (%) 6.373 Mar 2022 quarterly Dec 2004 - Mar 2022
Foreign Exchange Reserves: Months of Import (NA) 3.6 Jul 2022 monthly Jan 1990 - Jul 2022
Gold Reserves (USD mn) 3,502.290 Jul 2022 monthly Dec 1956 - Jul 2022
Total Deposits (USD mn) 101,362.639 Aug 2022 monthly Jul 2002 - Aug 2022
Total Deposits Growth (%) 74.1 Aug 2022 monthly Jul 2003 - Aug 2022
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) 20.383 Dec 2021 quarterly Mar 1994 - Dec 2021
Credit to Private Non-Financial Sector (USD bn) 102.271 Dec 2021 quarterly Mar 1990 - Dec 2021
Household Debt (USD mn) 20,528.8 Aug 2022 monthly Jul 2002 - Aug 2022
Total Loans (USD mn) 232,375.460 Jun 2022 monthly Jan 1990 - Jun 2022
Total Loans Growth (%) 65.42 Jun 2022 monthly Jan 1991 - Jun 2022
Private Debt: % of Nominal GDP (%) 11.19 Mar 2022 quarterly Dec 2004 - Mar 2022
Money Supply: Month End: M1 (ARS th) 6,005,074,143.000 Jun 2022 monthly Jan 1990 - Jun 2022
Money Supply: Month End: M3 (ARS th) 18,498,999,517.000 Jun 2022 monthly Jan 1990 - Jun 2022
Money Supply: Month End: M2 (ARS th) 10,939,764,192.000 Jun 2022 monthly Jan 1990 - Jun 2022
ORA: Foreign Currency Reserves (FCR) (USD mn) 29,836.730 Jul 2022 monthly Jul 2006 - Jul 2022
ORA: Gold Incl Gold Deposits & Gold Swapped (USD mn) 3,502.290 Jul 2022 monthly Dec 1999 - Jul 2022
Official Reserve Assets (ORA) (USD mn) 38,231.740 Jul 2022 monthly Dec 1999 - Jul 2022
Deposits: ARS (ARS mn) 14,062,038.968 Aug 2022 monthly Jul 2002 - Aug 2022
Loans (ARS mn) 5,759,914.20 Jun 2018 monthly Jan 1990 - Jun 2018
Loans: ARS: Non Financial: Private: Mortgages (ARS mn) 350,446.871 Aug 2022 monthly Jul 2002 - Aug 2022
Business and Economic Survey Last Frequency Range
Geopolitical Risk Index (%) 0.034 Aug 2022 monthly Jan 1985 - Aug 2022

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