Expense in Argentina

Argentina: Expense was 21.0% in 2023. ▲ Rising

Latest (2023)
21.0%
Change on year
down 3.9%
World rank
103rd
of 157 countries
All-time high
26.2%
in 2016
All-time low
10.3%
in 1990
Years of data
25
1990–2023

Expense in Argentina, 1990–2023

01020301990200620231990: 10.3 % of GDP1991: 11.2 % of GDP1992: 11.8 % of GDP1993: 14.3 % of GDP1994: 14.9 % of GDP1995: 15.5 % of GDP1996: 15.2 % of GDP1997: 15 % of GDP1998: 15.1 % of GDP1999: 16.7 % of GDP2000: 16.8 % of GDP2001: 17 % of GDP2002: 19.7 % of GDP2003: 19.8 % of GDP2004: 16.9 % of GDP2014: 24.6 % of GDP2015: 25 % of GDP2016: 26.2 % of GDP2017: 24.3 % of GDP2018: 22.7 % of GDP2019: 22 % of GDP2020: 25.8 % of GDP2021: 22.9 % of GDP2022: 21.9 % of GDP2023: 21 % of GDP

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 100 Uzbekistan 22.3% compare
  2. 101 Belize 22.3% compare
  3. 102 Bolivia 21.8% compare
  4. 104 Armenia 20.9% compare
  5. 105 Thailand 20.7% compare
  6. 106 Bahamas 20.3% compare

See the full ranking of 183 places →

More economy & growth data for Argentina

All data for Argentina →

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.

Download this data

CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

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.