Goods and services expense in Argentina
Argentina: Goods and services expense was 3.7% in 2023. ▼ Falling
Goods and services expense in Argentina, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, goods and services expense in Argentina stood at 3.7%.
The figure is up 4.7% on the previous year and down 17.7% over ten years.
Over the whole period, goods and services expense in Argentina peaked at 7.8% in 1991 and was at its lowest, 3.2%, in 2020.
Argentina ranks 150th of 154 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Goods and services expense in Argentina, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 7.1% | — |
| 1991 | 7.8% | +11.1% |
| 1992 | 6.5% | -16.9% |
| 1993 | 5.8% | -11.6% |
| 1994 | 5.2% | -9.1% |
| 1995 | 5.4% | +3.9% |
| 1996 | 5.2% | -5.2% |
| 1997 | 5.1% | -1.9% |
| 1998 | 5.3% | +4.6% |
| 1999 | 5.0% | -5.9% |
| 2000 | 4.0% | -19.1% |
| 2001 | 4.2% | +4.5% |
| 2002 | 4.0% | -4.7% |
| 2003 | 3.7% | -8.4% |
| 2004 | 4.6% | +24.7% |
| 2014 | 4.5% | -0.7% |
| 2015 | 4.6% | +2.2% |
| 2016 | 3.9% | -16.1% |
| 2017 | 4.0% | +1.3% |
| 2018 | 3.5% | -10.6% |
| 2019 | 3.6% | +2.8% |
| 2020 | 3.2% | -10.8% |
| 2021 | 4.4% | +35.7% |
| 2022 | 3.6% | -18.7% |
| 2023 | 3.7% | +4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.8% | 5.0% | 7.8% | 10 |
| 2000s | 4.1% | 3.7% | 4.6% | 5 |
| 2010s | 4.0% | 3.5% | 4.6% | 6 |
| 2020s | 3.7% | 3.2% | 4.4% | 4 |
Countries ranked near Argentina
More public sector data for Argentina
- Arms imports 43.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.941 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 104.76 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 43.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 91.42 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0065 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -14.43 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 4.18 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 7.67 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is goods and services expense in Argentina?
- Goods and services expense in Argentina was 3.7% in 2023, 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 7.8% in 1991.
- What is the lowest goods and services expense recorded in Argentina?
- The lowest recorded value was 3.2% in 2020.
- How does Argentina rank for goods and services expense?
- Argentina ranks 150th out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Argentina?
- Over the last ten years it is down 17.7%. The long-run trend across the full record is falling.
- 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 (% of expense). Statizoid updates them automatically from the source API.
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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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.