Argentina Public Consumption: % of GDP

Argentina Public Consumption accounted for 15.4 % of its Nominal GDP in Sep 2020, compared with a share of 17.5 % in the previous quarter. Argentina Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1993 to Sep 2020, with an average number of 14.0 %. The data reached an all-time high of 19.7 % in Dec 2015 and a record low of 9.9 % in Jun 2004. CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. National Statistics & Census Institute provides Government Consumption Expenditure in local currency and Nominal GDP in local currency, based on benchmark year 2004. Government Consumption as % of Nominal GDP prior to Q1 2004 is based on previous benchmark year 1993.

In the latest reports, Argentina GDP contracted 19.8 % YoY in Jun 2020. Argentina Nominal GDP reached 87.2 USD bn in Jun 2020. Its GDP deflator (implicit price deflator) increased 39.6 % in Jun 2020. Argentina GDP Per Capita reached 9,903.7 USD in Dec 2019. Its Gross Savings Rate was measured at 22.8 % in Sep 2020.

View Argentina's Public Consumption: % of GDP from Mar 1993 to Sep 2020 in the chart:

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What was Argentina's Public Consumption: % of GDP in Sep 2020?

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