Goods and services expense in Argentina
Argentina: Goods and services expense was 3.61 trillion current LCU in 2024. ◆ Volatile
Goods and services expense in Argentina, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for goods and services expense in Argentina is 3.61 trillion current LCU, measured in 2024. That is the highest value across all 26 years on record.
The figure is up 138.4% on the previous year and up 6,949.9% over ten years.
Over the whole period, goods and services expense in Argentina peaked at 3.61 trillion current LCU in 2024 and was at its lowest, 502.40 million current LCU, in 1990.
That places Argentina 18th out of 155 countries with data for 2024, putting it in the top quarter.
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 | 1.91 billion current LCU | 502.40 million current LCU | 2.39 billion current LCU | 10 |
| 2000s | 2.56 billion current LCU | 1.92 billion current LCU | 3.75 billion current LCU | 5 |
| 2010s | 99.56 billion current LCU | 51.17 billion current LCU | 172.61 billion current LCU | 6 |
| 2020s | 1.29 trillion current LCU | 227.83 billion current LCU | 3.61 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 goods and services expense in Argentina?
- Goods and services expense in Argentina was 3.61 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Argentina?
- The highest recorded value was 3.61 trillion current LCU in 2024.
- What is the lowest goods and services expense recorded in Argentina?
- The lowest recorded value was 502.40 million current LCU in 1990.
- How does Argentina rank for goods and services expense?
- Argentina ranks 18th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Argentina?
- Over the last ten years it is up 6,949.9%. 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.