(measure: percent; Source: International Monetary Fund)
* indicates monthly or quarterly data series
Argentina: Budget balance forecast, percent of GDP
, 1993 - 2020:
For that indicator, we provide data for Argentina from 1993 to 2020. The average value for Argentina during that period was -1.99 percent with a minimum of -7.14 percent in 2017 and a maximum of 4.72 percent in 2004.
The latest value from 2020 is -2.66 percent. For comparison, the world average in 2020 based on 82
countries is -5.31 percent.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: The structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle. These include temporary financial sector and asset price movements as well as one-off, or temporary, revenue or expenditure items. The cyclically adjusted balance is the fiscal balance adjusted for the effects of the economic cycle. The series includes actual historical values for past years and forecast values for the current and the next few years.