Expense in Argentina
Argentina: Expense was 21.0% in 2023. ▲ Rising
Expense in Argentina, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, expense in Argentina stood at 21.0%.
That represents a change of down 3.9% on the previous year and down 14.5% over ten years.
Over the whole period, expense in Argentina peaked at 26.2% in 2016 and was at its lowest, 10.3%, in 1990.
That places Argentina 103rd out of 157 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Expense in Argentina, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 10.3% | — |
| 1991 | 11.2% | +8.5% |
| 1992 | 11.8% | +5.3% |
| 1993 | 14.3% | +21.0% |
| 1994 | 14.9% | +4.3% |
| 1995 | 15.5% | +4.1% |
| 1996 | 15.2% | -2.2% |
| 1997 | 15.0% | -1.0% |
| 1998 | 15.1% | +0.6% |
| 1999 | 16.7% | +10.9% |
| 2000 | 16.8% | +0.5% |
| 2001 | 17.0% | +0.9% |
| 2002 | 19.7% | +15.8% |
| 2003 | 19.8% | +0.8% |
| 2004 | 16.9% | -14.9% |
| 2014 | 24.6% | +45.6% |
| 2015 | 25.0% | +1.8% |
| 2016 | 26.2% | +4.7% |
| 2017 | 24.3% | -7.2% |
| 2018 | 22.7% | -6.6% |
| 2019 | 22.0% | -2.8% |
| 2020 | 25.8% | +17.3% |
| 2021 | 22.9% | -11.4% |
| 2022 | 21.9% | -4.5% |
| 2023 | 21.0% | -3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.0% | 10.3% | 16.7% | 10 |
| 2000s | 18.0% | 16.8% | 19.8% | 5 |
| 2010s | 24.1% | 22.0% | 26.2% | 6 |
| 2020s | 22.9% | 21.0% | 25.8% | 4 |
Countries ranked near Argentina
More economy & growth data for Argentina
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.73 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- GDP (constant 2015 US$), annual growth rate 4.37 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8919 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 13,287 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 4.37 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1.08 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 16,118 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -12.23 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1509 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is expense in Argentina?
- Expense in Argentina was 21.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Argentina?
- The highest recorded value was 26.2% in 2016.
- What is the lowest expense recorded in Argentina?
- The lowest recorded value was 10.3% in 1990.
- How does Argentina rank for expense?
- Argentina ranks 103rd out of 157 countries with data for 2023.
- Is expense rising or falling in Argentina?
- Over the last ten years it is down 14.5%. The long-run trend across the full record is rising.
- Where does this Argentina data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.