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

010203040186419442024

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.

Government spending as share of GDP in Argentina, year by year

Annual values for Government spending as share of GDP in Argentina, 1864 to 2024.
Year % of GDP Change
1864 2.8%
1865 3.5% +23.9%
1866 4.9% +40.6%
1867 5.9% +20.0%
1868 7.2% +21.5%
1869 6.7% -6.5%
1870 8.6% +27.3%
1871 9.6% +12.1%
1872 8.6% -10.3%
1873 9.2% +6.6%
1874 8.9% -2.9%
1875 10.0% +11.8%
1876 8.6% -13.4%
1877 5.6% -35.3%
1878 6.2% +11.7%
1879 7.6% +22.0%
1880 8.0% +5.7%
1881 8.7% +8.3%
1882 11.0% +26.6%
1883 10.6% -4.2%
1884 10.5% -0.2%
1885 8.6% -18.1%
1886 9.3% +7.4%
1887 7.3% -21.6%
1888 7.2% -0.3%
1889 12.6% +74.1%
1890 7.7% -38.7%
1891 10.7% +38.4%
1892 8.5% -20.4%
1893 7.4% -12.8%
1894 7.2% -2.4%
1895 7.4% +2.1%
1896 9.0% +21.8%
1897 9.3% +2.9%
1898 16.6% +78.8%
1899 8.6% -48.3%
1900 8.3% -3.7%
1901 8.0% -3.1%
1902 9.4% +17.6%
1903 7.5% -20.2%
1904 7.5% +0.2%
1905 10.2% +35.7%
1906 7.2% -29.8%
1907 7.2% +0.8%
1908 6.4% -11.7%
1909 9.4% +47.4%
1910 8.9% -5.3%
1911 9.0% +1.3%
1912 7.6% -15.4%
1913 7.5% -2.3%
1914 8.6% +15.7%
1915 7.4% -14.2%
1916 6.7% -10.3%
1917 6.3% -6.0%
1918 4.8% -22.9%
1919 4.8% -0.2%
1920 4.6% -4.2%
1921 6.1% +32.8%
1922 7.1% +15.9%
1923 6.5% -8.0%
1924 6.2% -5.9%
1925 6.6% +7.4%
1926 7.0% +6.4%
1927 9.4% +33.4%
1928 7.8% -17.3%
1929 8.0% +3.2%
1930 9.4% +17.3%
1931 9.9% +5.5%
1932 9.4% -5.5%
1933 8.9% -5.3%
1934 8.6% -3.3%
1935 8.5% -1.4%
1936 8.5% +0.8%
1937 8.6% +0.9%
1938 9.3% +7.7%
1939 10.0% +8.2%
1940 8.8% -12.3%
1941 8.5% -3.5%
1942 8.4% -1.4%
1943 9.2% +9.6%
1944 11.0% +19.8%
1945 11.4% +3.6%
1946 9.9% -13.2%
1947 9.3% -5.8%
1948 12.9% +38.4%
1949 11.8% -8.4%
1950 11.2% -5.2%
1951 12.0% +7.0%
1952 11.9% -0.7%
1953 11.0% -7.2%
1954 11.0% -0.6%
1955 10.2% -6.9%
1956 10.1% -1.5%
1957 8.4% -16.3%
1958 13.2% +56.8%
1959 13.6% +3.2%
1960 11.3% -17.0%
1961 12.3% +8.4%
1962 11.3% -7.4%
1963 11.2% -1.4%
1964 11.8% +5.3%
1965 11.6% -1.4%
1966 12.1% +4.4%
1967 13.0% +6.9%
1968 12.8% -1.2%
1969 12.3% -4.2%
1970 12.0% -1.8%
1971 11.7% -2.7%
1972 11.2% -4.8%
1973 12.6% +12.8%
1974 14.0% +11.6%
1975 12.5% -10.9%
1976 13.0% +4.1%
1977 12.6% -3.3%
1978 14.9% +17.9%
1979 14.5% -2.4%
1980 15.2% +4.6%
1981 17.0% +12.2%
1982 15.9% -6.8%
1983 14.2% -10.6%
1984 13.0% -8.1%
1985 14.7% +13.1%
1986 13.7% -7.2%
1987 13.7% +0.3%
1988 12.3% -10.1%
1989 11.0% -10.7%
1990 11.0% -0.2%
1991 11.4% +4.0%
1992 12.1% +5.8%
1993 13.3% +10.0%
1994 14.2% +6.5%
1995 14.4% +1.6%
1996 14.1% -2.0%
1997 22.6% +60.1%
1998 23.1% +2.4%
1999 25.5% +10.1%
2000 25.2% -0.9%
2001 26.4% +4.7%
2002 21.9% -17.3%
2003 22.0% +0.8%
2004 23.0% +4.6%
2005 24.4% +6.1%
2006 26.6% +9.0%
2007 29.6% +11.0%
2008 30.8% +4.1%
2009 34.5% +12.2%
2010 33.4% -3.4%
2011 34.9% +4.6%
2012 36.8% +5.5%
2013 37.6% +2.1%
2014 38.9% +3.3%
2015 41.4% +6.5%
2016 41.5% +0.4%
2017 41.1% -1.0%
2018 38.9% -5.3%
2019 38.1% -2.1%
2020 42.5% +11.4%
2021 37.9% -10.8%
2022 37.6% -0.6%
2023 37.6% -0.0%
2024 31.0% -17.6%

Argentina compared with similar countries

  • Argentina's 31.0% is above the median for upper middle income countries, which is 30.9%, 1.0× the median. (44 countries reporting)
  • Argentina's 31.0% is above the median for Latin America & Caribbean, which is 27.1%, 1.1× the median. (33 countries reporting)

Biggest year-on-year movements

Years where Government spending as share of GDP in Argentina changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1898 +78.8% 9.3% 16.6%
1889 +74.1% 7.2% 12.6%

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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Government spending as share of GDP in Argentina. Statizoid, drawing on International Monetary Fund (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://economy.statizoid.com/stat/historical-gov-spending-gdp/argentina/

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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

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.