Government spending as share of GDP in Argentina

Argentina: Government spending as share of GDP was 31.0% in 2024. ◆ Volatile

Latest (2024)
31.0%
Change on year
down 17.6%
World rank
74th
of 151 countries
All-time high
42.5%
in 2020
All-time low
2.8%
in 1864
Years of data
161
1864–2024

Government spending as share of GDP in Argentina, 1864–2024

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Source: International Monetary Fund (2025) – with minor processing by Our World in Data. Measured in % of GDP.

Analysis

In 2024, government spending as share of gdp in Argentina stood at 31.0%.

That represents a change of down 17.6% on the previous year and down 20.2% over ten years.

Over the whole period, government spending as share of gdp in Argentina peaked at 42.5% in 2020 and was at its lowest, 2.8%, in 1864.

Argentina ranks 74th of 151 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1860s 5.2% 2.8% 7.2% 6
1870s 8.3% 5.6% 10.0% 10
1880s 9.4% 7.2% 12.6% 10
1890s 9.2% 7.2% 16.6% 10
1900s 8.1% 6.4% 10.2% 10
1910s 7.2% 4.8% 9.0% 10
1920s 6.9% 4.6% 9.4% 10
1930s 9.1% 8.5% 10.0% 10
1940s 10.1% 8.4% 12.9% 10
1950s 11.3% 8.4% 13.6% 10
1960s 12.0% 11.2% 13.0% 10
1970s 12.9% 11.2% 14.9% 10
1980s 14.1% 11.0% 17.0% 10
1990s 16.2% 11.0% 25.5% 10
2000s 26.4% 21.9% 34.5% 10
2010s 38.3% 33.4% 41.5% 10
2020s 37.3% 31.0% 42.5% 5

Countries ranked near Argentina

  1. 71 Switzerland 31.9% compare
  2. 72 El Salvador 31.4% compare
  3. 73 Uruguay 31.1% compare
  4. 75 Fiji 30.8% compare
  5. 76 Mexico 30.3% compare
  6. 77 Georgia 30.3% compare

See the full ranking of 151 places →

More economy & growth data for Argentina

All data for Argentina →

Frequently asked questions

What is government spending as share of gdp in Argentina?
Government spending as share of gdp in Argentina was 31.0% in 2024, according to International Monetary Fund (2025) – with minor processing by Our World in Data.
What is the highest government spending as share of gdp recorded in Argentina?
The highest recorded value was 42.5% in 2020.
What is the lowest government spending as share of gdp recorded in Argentina?
The lowest recorded value was 2.8% in 1864.
How does Argentina rank for government spending as share of gdp?
Argentina ranks 74th out of 151 countries with data for 2024.
Is government spending as share of gdp rising or falling in Argentina?
Over the last ten years it is down 20.2%. The long-run trend across the full record is volatile.
Where does this Argentina data come from?
The figures come from International Monetary Fund (2025) – with minor processing by Our World in Data, published as part of Government spending as share of GDP. Statizoid updates them automatically from the source API.

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About this data

Indicator
Government spending as share of GDP
Unit
% of GDP
Source
International Monetary Fund (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
151 places, 9,265 data points, 1800–2024
Last refreshed

The sum of all the money spent by the government on goods and services, as a percentage of GDP. It includes interest paid on government debt.