Budget balance — all countries

Budget balance — Argentina

Budget balance in Argentina in 2031 — 1.3%. Ranked 18 in the world out of 188. Since 1993, the indicator has risen by 1.3 pp.

2031 1.3% +0.2 pp vs 2030
World rank 18of 188
Period maximum 4%2004
Period minimum -8.7%2020

Trend over time

1993–2031 · % of GDP

Budget balance — Argentina, 1993–2031-10-505199319972001200520092013201720212025202920311993: 0%1994: -1.2%1995: -2.1%1996: -2.8%1997: -1.8%1998: -1.8%1999: -3.7%2000: -3.4%2001: -5.4%2002: -1.9%2003: 1.5%2004: 4%2005: 3.3%2006: 1.7%2007: 0.8%2008: 0.4%2009: -1.8%2010: -1.4%2011: -2.7%2012: -3%2013: -3.3%2014: -4.3%2015: -6%2016: -6.7%2017: -6.7%2018: -5.4%2019: -4.4%2020: -8.7%2021: -4.3%2022: -3.8%2023: -5.3%2024: 0.5%2025: -0.4%2026: 0.5%2027: 0.4%2028: 0.3%2029: 0.8%2030: 1.1%2031: 1.3%
Change over the period: +1.3 pp Annual average: 0.03 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Argentina

Argentina 1.3%
World computed -4.85%
Latin America & Caribbean computed -3.31%
South America computed -3.77%
Budget balance — Argentina, by year Argentina All countries CSV XLSX
Year % Change, pp
2031 1.3 +0.2 pp
2030 1.1 +0.3 pp
2029 0.8 +0.5 pp
2028 0.3 −0.1 pp
2027 0.4 −0.1 pp
2026 0.5 +0.9 pp
2025 -0.4 −0.9 pp
2024 0.5 +5.8 pp
2023 -5.3 −1.5 pp
2022 -3.8 +0.5 pp
2021 -4.3 +4.4 pp
2020 -8.7 −4.3 pp
2019 -4.4 +1 pp
2018 -5.4 +1.3 pp
2017 -6.7 +0 pp
2016 -6.7 −0.7 pp
2015 -6 −1.7 pp
2014 -4.3 −1 pp
2013 -3.3 −0.3 pp
2012 -3 −0.3 pp
2011 -2.7 −1.3 pp
2010 -1.4 +0.4 pp
2009 -1.8 −2.2 pp
2008 0.4 −0.4 pp
2007 0.8 −0.9 pp
2006 1.7 −1.6 pp
2005 3.3 −0.7 pp
2004 4 +2.5 pp
2003 1.5 +3.4 pp
2002 -1.9 +3.5 pp
2001 -5.4 −2 pp
2000 -3.4 +0.3 pp
1999 -3.7 −1.9 pp
1998 -1.8 +0 pp
1997 -1.8 +1 pp
1996 -2.8 −0.7 pp
1995 -2.1 −0.9 pp
1994 -1.2 −1.2 pp
1993 0

South America, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.