Taxes on goods and services in Argentina
Argentina: Taxes on goods and services was 31.34 trillion current LCU in 2024. ◆ Volatile
Taxes on goods and services in Argentina, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, taxes on goods and services in Argentina stood at 31.34 trillion current LCU. That is the highest value across all 35 years on record.
That represents a change of up 205.2% on the previous year and up 11,000.3% over ten years.
Over the whole period, taxes on goods and services in Argentina peaked at 31.34 trillion current LCU in 2024 and was at its lowest, 1.57 billion current LCU, in 1990.
That places Argentina 8th out of 157 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.76 billion current LCU | 1.57 billion current LCU | 17.19 billion current LCU | 10 |
| 2000s | 38.43 billion current LCU | 16.22 billion current LCU | 76.97 billion current LCU | 10 |
| 2010s | 437.04 billion current LCU | 101.27 billion current LCU | 1.16 trillion current LCU | 10 |
| 2020s | 9.98 trillion current LCU | 1.46 trillion current LCU | 31.34 trillion current LCU | 5 |
Countries ranked near Argentina
More public sector data for Argentina
- Arms imports 43.00 million SIPRI trend indicator values (2024)
- Tax revenue 10.4% (2024)
- Taxes on income, profits and capital gains 9.1% (2024)
- Taxes on goods and services 31.8% (2024)
- Net investment in nonfinancial assets 0.1% (2024)
- Net lending (+) / net borrowing (-) 0.1% (2024)
- Interest payments 8.5% (2024)
- Grants and other revenue 8.3% (2024)
- Interest payments 7.3% (2023)
- Other taxes 5.9% (2024)
Frequently asked questions
- What is taxes on goods and services in Argentina?
- Taxes on goods and services in Argentina was 31.34 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Argentina?
- The highest recorded value was 31.34 trillion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Argentina?
- The lowest recorded value was 1.57 billion current LCU in 1990.
- How does Argentina rank for taxes on goods and services?
- Argentina ranks 8th out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Argentina?
- Over the last ten years it is up 11,000.3%. The long-run trend across the full record is volatile.
- 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.