Expense in Argentina
Argentina: Expense was 40.42 trillion current LCU in 2023. ◆ Volatile
Expense in Argentina, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, expense in Argentina stood at 40.42 trillion current LCU. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 123.2% on the previous year and up 3,492.9% over ten years.
Over the whole period, expense in Argentina peaked at 40.42 trillion current LCU in 2023 and was at its lowest, 7.12 billion current LCU, in 1990.
Argentina ranks 11th of 157 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Expense in Argentina, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 7.12 billion current LCU | — |
| 1991 | 20.27 billion current LCU | +184.8% |
| 1992 | 26.75 billion current LCU | +31.9% |
| 1993 | 33.78 billion current LCU | +26.3% |
| 1994 | 38.36 billion current LCU | +13.6% |
| 1995 | 40.02 billion current LCU | +4.3% |
| 1996 | 41.27 billion current LCU | +3.1% |
| 1997 | 43.97 billion current LCU | +6.5% |
| 1998 | 45.14 billion current LCU | +2.7% |
| 1999 | 47.47 billion current LCU | +5.2% |
| 2000 | 47.84 billion current LCU | +0.8% |
| 2001 | 45.66 billion current LCU | -4.6% |
| 2002 | 61.51 billion current LCU | +34.7% |
| 2003 | 74.57 billion current LCU | +21.2% |
| 2004 | 81.87 billion current LCU | +9.8% |
| 2014 | 1.13 trillion current LCU | +1274.2% |
| 2015 | 1.49 trillion current LCU | +32.4% |
| 2016 | 2.15 trillion current LCU | +44.7% |
| 2017 | 2.59 trillion current LCU | +20.2% |
| 2018 | 3.34 trillion current LCU | +29.1% |
| 2019 | 4.75 trillion current LCU | +42.1% |
| 2020 | 7.03 trillion current LCU | +48.0% |
| 2021 | 10.58 trillion current LCU | +50.5% |
| 2022 | 18.11 trillion current LCU | +71.1% |
| 2023 | 40.42 trillion current LCU | +123.2% |
Argentina compared with similar countries
- Argentina's 40.42 trillion current LCU is above the median for upper middle income countries, which is 310.25 billion current LCU, 130.3× the median. (47 countries reporting)
- Argentina's 40.42 trillion current LCU is above the median for Latin America & Caribbean, which is 110.36 billion current LCU, 366.3× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Expense 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.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +1274.2% | 81.87 billion current LCU | 1.13 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 34.41 billion current LCU | 7.12 billion current LCU | 47.47 billion current LCU | 10 |
| 2000s | 62.29 billion current LCU | 45.66 billion current LCU | 81.87 billion current LCU | 5 |
| 2010s | 2.58 trillion current LCU | 1.13 trillion current LCU | 4.75 trillion current LCU | 6 |
| 2020s | 19.04 trillion current LCU | 7.03 trillion current LCU | 40.42 trillion current LCU | 4 |
Countries ranked near Argentina
More public sector data for Argentina
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is expense in Argentina?
- Expense in Argentina was 40.42 trillion current LCU 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 40.42 trillion current LCU in 2023.
- What is the lowest expense recorded in Argentina?
- The lowest recorded value was 7.12 billion current LCU in 1990.
- How does Argentina rank for expense?
- Argentina ranks 11th out of 157 countries with data for 2023.
- Is expense rising or falling in Argentina?
- Over the last ten years it is up 3,492.9%. 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 Expense (current LCU). 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
Expense is a decrease in net worth resulting from a transaction. 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.