Argentina Public Consumption: % of GDP
Key information about Argentina Public Consumption: % of GDP
- Argentina Public Consumption accounted for 15.6 % of its Nominal GDP in Sep 2023, compared with a share of 16.4 % in the previous quarter.
- Argentina Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1993 to Sep 2023, with an average number of 14.6 %.
- 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. The National Institute of Statistics and Censuses 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.
Related information about Argentina Public Consumption: % of GDP
- In the latest reports, Argentina GDP expanded 1.2 % YoY in Mar 2023.
- Argentina Nominal GDP reached 150.8 USD bn in Mar 2023.
- Its GDP deflator (implicit price deflator) increased 94.1 % in Mar 2023.
- Argentina GDP Per Capita reached 13,659.4 USD in Dec 2022.
- Its Gross Savings Rate was measured at 11.0 % in Mar 2023.
- For Nominal GDP contributions, Investment accounted for 23.0 % in Sep 2023.
- Private Consumption accounted for 64.0 % in Sep 2023.
View Argentina's Public Consumption: % of GDP from Mar 1993 to Sep 2023 in the chart:
What was Argentina's Public Consumption: % of GDP in Sep 2023?
Argentina Public Consumption accounted for 15.6 % of its Nominal GDP in Sep 2023, compared with a share of 16.4 % in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
15.6 Sep 2023 | 16.4 Jun 2023 | 9.9 Jun 2004 | 19.7 Dec 2015 | % | quarterly | Mar 1993 - Sep 2023 |
Public Consumption: % of GDP by Country Comparison
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country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 9.4 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
Algeria (%) | 2.3 2022 | yearly | 1950 - 2022 |
Argentina (%) | 15.6 Sep 2023 | quarterly | Mar 1993 - Sep 2023 |
Armenia (%) | 16.1 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
Australia (%) | 20.4 Dec 2022 | quarterly | Sep 1959 - Dec 2022 |
Austria (%) | 20.7 Jun 2023 | quarterly | Mar 1988 - Jun 2023 |
Azerbaijan (%) | 11.8 Sep 2023 | quarterly | Mar 2001 - Sep 2023 |
Bahrain (%) | 15.8 2021 | yearly | 1975 - 2021 |
Bangladesh (%) | 5.7 2022 | yearly | 1973 - 2022 |
Belarus (%) | 15.5 Sep 2023 | quarterly | Mar 1994 - Sep 2023 |
Belgium (%) | 24.5 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Bolivia (%) | 20.7 Sep 2023 | quarterly | Mar 1990 - Sep 2023 |
Bosnia and Herzegovina (%) | 17.1 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
Botswana (%) | 30.2 Sep 2023 | quarterly | Mar 2006 - Sep 2023 |
Brazil (%) | 21.0 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Brunei (%) | 17.6 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
Bulgaria (%) | 20.8 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Cambodia (%) | 7.4 2022 | yearly | 1993 - 2022 |
Canada (%) | 21.2 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
Chile (%) | 15.3 Sep 2023 | quarterly | Mar 1996 - Sep 2023 |
China (%) | 15.9 2021 | yearly | 1952 - 2021 |
Colombia (%) | 18.2 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
Croatia (%) | 24.3 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Cyprus (%) | 22.2 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Czech Republic (%) | 22.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Denmark (%) | 22.5 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
Ecuador (%) | 14.0 Sep 2023 | quarterly | Mar 1991 - Sep 2023 |
Egypt (%) | 8.1 Jun 2023 | quarterly | Sep 2001 - Jun 2023 |
Estonia (%) | 23.5 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
European Union (%) | 20.4 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
Finland (%) | 23.8 Dec 2022 | quarterly | Mar 1975 - Dec 2022 |
France (%) | 23.5 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Georgia (%) | 12.2 Sep 2023 | quarterly | Mar 1996 - Sep 2023 |
Germany (%) | 22.6 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Ghana (%) | 6.7 2022 | yearly | 2006 - 2022 |
Greece (%) | 19.4 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Hong Kong SAR, China (%) | 13.7 Dec 2022 | quarterly | Mar 1973 - Dec 2022 |
Hungary (%) | 20.5 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
Iceland (%) | 27.5 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
India (%) | 8.5 Dec 2023 | quarterly | Jun 1996 - Dec 2023 |
Indonesia (%) | 9.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Iran (%) | 12.0 Jun 2023 | quarterly | Jun 1988 - Jun 2023 |
Ireland (%) | 11.2 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Israel (%) | 26.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Italy (%) | 19.6 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Ivory Coast (%) | 10.1 2022 | yearly | 1960 - 2022 |
Japan (%) | 20.4 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Jordan (%) | 18.4 2022 | yearly | 1963 - 2022 |
Kazakhstan (%) | 8.7 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
Kenya (%) | 12.3 2022 | yearly | 1960 - 2022 |
South Korea (%) | 17.6 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
Kosovo (%) | 13.0 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
Kuwait (%) | 25.2 2019 | yearly | 1962 - 2019 |
Kyrgyzstan (%) | 17.9 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
Laos (%) | 14.0 2016 | yearly | 2000 - 2016 |
Latvia (%) | 19.5 Jun 2023 | quarterly | Mar 1992 - Jun 2023 |
Lebanon (%) | 15.7 2020 | yearly | 1990 - 2020 |
Lithuania (%) | 20.1 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Luxembourg (%) | 18.0 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
Macau SAR, China (%) | 14.6 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
North Macedonia (%) | 16.5 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
Malawi (%) | 13.9 2019 | yearly | 1960 - 2019 |
Malaysia (%) | 14.5 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Malta (%) | 18.8 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
Mauritius (%) | 13.9 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
Mexico (%) | 10.9 Sep 2023 | quarterly | Mar 1993 - Sep 2023 |
Moldova (%) | 13.8 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
Mongolia (%) | 20.1 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
Montenegro (%) | 13.8 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
Morocco (%) | 19.7 Jun 2023 | quarterly | Mar 2007 - Jun 2023 |
Mozambique (%) | 16.7 2022 | yearly | 1963 - 2022 |
Nepal (%) | 5.4 2023 | yearly | 1975 - 2023 |
Netherlands (%) | 24.3 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
New Zealand (%) | 21.4 Sep 2023 | quarterly | Jun 1987 - Sep 2023 |
Nigeria (%) | 4.4 2022 | yearly | 1981 - 2022 |
Norway (%) | 21.4 Dec 2023 | quarterly | Mar 1978 - Dec 2023 |
Oman (%) | 17.9 2022 | yearly | 1980 - 2022 |
Pakistan (%) | 9.7 2023 | yearly | 1960 - 2023 |
Palestinian Territory (%) | 21.7 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
Panama (%) | 13.7 2021 | yearly | 1996 - 2021 |
Paraguay (%) | 12.0 Sep 2023 | quarterly | Mar 1994 - Sep 2023 |
Peru (%) | 14.9 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Philippines (%) | 13.8 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
Poland (%) | 20.1 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Portugal (%) | 20.4 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Qatar (%) | 13.1 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
Romania (%) | 14.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Russia (%) | 17.5 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Saudi Arabia (%) | 21.8 Jun 2023 | quarterly | Mar 2003 - Jun 2023 |
Serbia (%) | 16.2 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
Singapore (%) | 10.2 2023 | yearly | 1960 - 2023 |
Slovakia (%) | 24.6 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
Slovenia (%) | 18.9 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
South Africa (%) | 19.1 Jun 2023 | quarterly | Mar 1960 - Jun 2023 |
Spain (%) | 19.2 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Sri Lanka (%) | 5.9 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
Sudan (%) | 17.9 2022 | yearly | 1960 - 2022 |
Sweden (%) | 25.8 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
Switzerland (%) | 11.4 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
Syria (%) | 10.9 2021 | yearly | 1963 - 2021 |
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Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -4.3 Sep 2023 | quarterly | Dec 2004 - Sep 2023 |
Consolidated Fiscal Balance (USD mn) | 621.219 Jan 2024 | monthly | Jan 1993 - Jan 2024 |
Tax Revenue (USD mn) | 6,108.888 Feb 2024 | monthly | Jan 1997 - Feb 2024 |
Tax Revenue: % of GDP (%) | 17.0 Sep 2023 | quarterly | Mar 2004 - Sep 2023 |
National Government Debt (USD mn) | 406,948.1 Sep 2023 | quarterly | Dec 1994 - Sep 2023 |
Government Debt: % of GDP (%) | 80.3 Mar 2023 | quarterly | Dec 2004 - Mar 2023 |
Forecast: Government Expenditure (ARS bn) | 553,829.690 2028 | yearly | 1993 - 2028 |
Forecast: Government Net Debt (ARS bn) | 1,084,721.530 2028 | yearly | 1992 - 2028 |
Forecast: Government Revenue (ARS bn) | 554,818.270 2028 | yearly | 1993 - 2028 |
Government Revenue: Taxes (ARS mn) | 187,540.45 Jul 2018 | monthly | Jan 1997 - Jul 2018 |
NFPS 2017: Current Revenue (ARS mn) | 6,147,224.000 Jan 2024 | monthly | Jan 2015 - Jan 2024 |
NFPS 2017: Current Expenditure (ARS mn) | 5,551,719.700 Jan 2024 | monthly | Jan 2015 - Jan 2024 |
NFPS 2017: Capital Expenditure (ARS mn) | 77,104.700 Jan 2024 | monthly | Jan 2015 - Jan 2024 |
NFPS 2017: Total Revenue (ARS mn) | 6,147,232.000 Jan 2024 | monthly | Jan 2015 - Jan 2024 |
NFPS 2017: Total Expenditure (ARS mn) | 5,628,824.400 Jan 2024 | monthly | Jan 2015 - Jan 2024 |
Non Financial Public Sector (NFPS) 2017: Total Balance (ARS mn) | 518,407.600 Jan 2024 | monthly | Jan 2015 - Jan 2024 |
Public Debt: Annual: Short Term (USD mn) | 48,687.146 2022 | yearly | 1997 - 2022 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 4.933 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | 957.1 Jan 2024 | monthly | Jan 1991 - Jan 2024 |
Total Exports (USD mn) | 6,012.0 Jan 2024 | monthly | Jan 1991 - Jan 2024 |
Total Exports Growth (%) | -27.2 Apr 2023 | monthly | Jan 1992 - Apr 2023 |
Aluminum: Exports (USD th) | 55,881.391 2022 | yearly | 1995 - 2022 |
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) | 5,054.9 Jan 2024 | monthly | Jan 1991 - Jan 2024 |
Total Imports Growth (%) | -17.1 Jan 2024 | monthly | Jan 1992 - Jan 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) | 432.488 Jan 2024 | monthly | Dec 1995 - Jan 2024 |
Total Imports from USA (USD mn) | 525.366 Jan 2024 | monthly | Dec 1995 - Jan 2024 |
Total Exports to China (USD mn) | 447.736 Jan 2024 | monthly | Jan 2003 - Jan 2024 |
Total Imports from China (USD mn) | 1,011.213 Jan 2024 | monthly | Apr 1983 - Jan 2024 |
Terms of Trade Index (2004=100) | 140.649 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
Exports: fob: Industrial: Transport Material (USD mn) | 8,402.000 2023 | yearly | 1989 - 2023 |
Exports: fob: Primary Products: Cereals (USD mn) | 8,775.000 2023 | yearly | 1989 - 2023 |
Exports: fob: Agricultural: Residues & Waste from Food Industry (USD mn) | 9,077.000 2023 | yearly | 1989 - 2023 |
Exports: fob: Agricultural: Fats and Oils (USD mn) | 5,854.000 2023 | yearly | 1989 - 2023 |
Exports: fob: Industrial: Chemicals & Related Products (USD mn) | 4,285.000 2023 | yearly | 1989 - 2023 |
Motor Vehicle Export: Passenger Car: Automobile (Unit) | 11,608.000 Feb 2024 | monthly | Jan 1996 - Feb 2024 |
Motor Vehicle Export: Passenger Car: Utility Vehicle (Unit) | 11,976.000 Feb 2024 | monthly | Jan 1996 - Feb 2024 |
Motor Vehicle Export (Unit) | 23,584.000 Feb 2024 | monthly | Jan 1996 - Feb 2024 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 3.5 Dec 2023 | monthly | Dec 2002 - Dec 2023 |
Household Debt: % of GDP (%) | 3.8 Sep 2023 | quarterly | Dec 2004 - Sep 2023 |
Money Supply M1 (USD mn) | 23,640.047 Dec 2023 | monthly | Jan 1990 - Dec 2023 |
Money Supply M2 (USD mn) | 58,401.422 Dec 2023 | monthly | Jan 1990 - Dec 2023 |
M2 Growth (%) | 199.9 Dec 2023 | monthly | Jan 1991 - Dec 2023 |
Reserve Requirement Ratio (%) | 42.3 Dec 2023 | monthly | Apr 1985 - Dec 2023 |
Foreign Exchange Reserves (USD mn) | 20,846.5 Jan 2024 | monthly | Dec 1956 - Jan 2024 |
Foreign Exchange Reserves: % of GDP (%) | 3.370 Sep 2023 | quarterly | Dec 2004 - Sep 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 3.7 May 2023 | monthly | Jan 1990 - May 2023 |
Gold Reserves (USD mn) | 4,064.590 Jan 2024 | monthly | Dec 1956 - Jan 2024 |
Total Deposits (USD mn) | 60,433.577 Feb 2024 | monthly | Jul 2002 - Feb 2024 |
Total Deposits Growth (%) | 153.9 Feb 2024 | monthly | Jul 2003 - Feb 2024 |
Domestic Credit (USD mn) | 244,997.4 Nov 2023 | monthly | Jan 1990 - Nov 2023 |
Domestic Credit Growth (%) | 164.4 Aug 2023 | monthly | Jan 1991 - Aug 2023 |
Credit to Households (USD bn) | 16.535 Sep 2023 | quarterly | Mar 1994 - Sep 2023 |
Credit to Private Non-Financial Sector (USD bn) | 100.528 Sep 2023 | quarterly | Mar 1990 - Sep 2023 |
Household Debt (USD mn) | 10,022.5 Feb 2024 | monthly | Jul 2002 - Feb 2024 |
Total Loans (USD mn) | 179,508.815 Dec 2023 | monthly | Jan 1990 - Dec 2023 |
Total Loans Growth (%) | 330.44 Dec 2023 | monthly | Jan 1991 - Dec 2023 |
Private Debt: % of Nominal GDP (%) | 11.86 Sep 2023 | quarterly | Dec 2004 - Sep 2023 |
Money Supply: Month End: M1 (ARS th) | 19,111,795,736.000 Dec 2023 | monthly | Jan 1990 - Dec 2023 |
Money Supply: Month End: M2 (ARS th) | 47,214,629,383.000 Dec 2023 | monthly | Jan 1990 - Dec 2023 |
Money Supply: Month End: M3 (ARS th) | 67,350,834,368.000 Dec 2023 | monthly | Jan 1990 - Dec 2023 |
Official Reserve Assets (ORA) (USD mn) | 27,641.530 Jan 2024 | monthly | Dec 1999 - Jan 2024 |
ORA: Foreign Currency Reserves (FCR) (USD mn) | 20,846.480 Jan 2024 | monthly | Jul 2006 - Jan 2024 |
ORA: Gold Incl Gold Deposits & Gold Swapped (USD mn) | 4,064.590 Jan 2024 | monthly | Dec 1999 - Jan 2024 |
Loans (ARS mn) | 5,759,914.20 Jun 2018 | monthly | Jan 1990 - Jun 2018 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Geopolitical Risk Index (%) | 0.095 Feb 2024 | monthly | Jan 1985 - Feb 2024 |
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