Taxes on goods and services (current LCU), per unit of GDP in Argentina
Argentina: Taxes on goods and services (current LCU), per unit of GDP was 49.09 current LCU per US$ of GDP in 2024. ◆ Volatile
Taxes on goods and services (current LCU), per unit of GDP in Argentina, 1990–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, taxes on goods and services (current lcu), per unit of gdp in Argentina stood at 49.09 current LCU per US$ of GDP. That is the highest value across all 35 years on record.
The figure is up 210.5% on the previous year and up 9,052.0% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Argentina peaked at 49.09 current LCU per US$ of GDP in 2024 and was at its lowest, 0.0111 current LCU per US$ of GDP, in 1990.
Argentina ranks 24th of 157 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), per unit of GDP in Argentina, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.0111 current LCU per US$ of GDP | — |
| 1991 | 0.0293 current LCU per US$ of GDP | +163.4% |
| 1992 | 0.0365 current LCU per US$ of GDP | +24.5% |
| 1993 | 0.0511 current LCU per US$ of GDP | +40.1% |
| 1994 | 0.0496 current LCU per US$ of GDP | -2.9% |
| 1995 | 0.0512 current LCU per US$ of GDP | +3.1% |
| 1996 | 0.0512 current LCU per US$ of GDP | +0.0% |
| 1997 | 0.0554 current LCU per US$ of GDP | +8.2% |
| 1998 | 0.0575 current LCU per US$ of GDP | +3.7% |
| 1999 | 0.059 current LCU per US$ of GDP | +2.6% |
| 2000 | 0.0622 current LCU per US$ of GDP | +5.4% |
| 2001 | 0.0604 current LCU per US$ of GDP | -2.9% |
| 2002 | 0.1687 current LCU per US$ of GDP | +179.3% |
| 2003 | 0.1737 current LCU per US$ of GDP | +3.0% |
| 2004 | 0.1838 current LCU per US$ of GDP | +5.8% |
| 2005 | 0.1821 current LCU per US$ of GDP | -0.9% |
| 2006 | 0.1908 current LCU per US$ of GDP | +4.8% |
| 2007 | 0.1903 current LCU per US$ of GDP | -0.3% |
| 2008 | 0.1914 current LCU per US$ of GDP | +0.6% |
| 2009 | 0.2312 current LCU per US$ of GDP | +20.8% |
| 2010 | 0.2391 current LCU per US$ of GDP | +3.4% |
| 2011 | 0.2463 current LCU per US$ of GDP | +3.0% |
| 2012 | 0.3028 current LCU per US$ of GDP | +22.9% |
| 2013 | 0.3817 current LCU per US$ of GDP | +26.0% |
| 2014 | 0.5364 current LCU per US$ of GDP | +40.5% |
| 2015 | 0.6211 current LCU per US$ of GDP | +15.8% |
| 2016 | 0.859 current LCU per US$ of GDP | +38.3% |
| 2017 | 0.9707 current LCU per US$ of GDP | +13.0% |
| 2018 | 1.6 current LCU per US$ of GDP | +65.3% |
| 2019 | 2.6 current LCU per US$ of GDP | +62.1% |
| 2020 | 3.79 current LCU per US$ of GDP | +45.5% |
| 2021 | 5.2 current LCU per US$ of GDP | +37.3% |
| 2022 | 6.83 current LCU per US$ of GDP | +31.3% |
| 2023 | 15.81 current LCU per US$ of GDP | +131.5% |
| 2024 | 49.09 current LCU per US$ of GDP | +210.5% |
Argentina compared with similar countries
- Argentina's 49.09 current LCU per US$ of GDP is above the median for upper middle income countries, which is 1.74 current LCU per US$ of GDP, 28.3× the median. (48 countries reporting)
- Argentina's 49.09 current LCU per US$ of GDP is above the median for Latin America & Caribbean, which is 0.5148 current LCU per US$ of GDP, 95.4× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (current LCU), per unit of GDP 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 |
|---|---|---|---|
| 2024 | +210.5% | 15.81 current LCU per US$ of GDP | 49.09 current LCU per US$ of GDP |
| 2002 | +179.3% | 0.0604 current LCU per US$ of GDP | 0.1687 current LCU per US$ of GDP |
| 1991 | +163.4% | 0.0111 current LCU per US$ of GDP | 0.0293 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0452 current LCU per US$ of GDP | 0.0111 current LCU per US$ of GDP | 0.059 current LCU per US$ of GDP | 10 |
| 2000s | 0.1635 current LCU per US$ of GDP | 0.0604 current LCU per US$ of GDP | 0.2312 current LCU per US$ of GDP | 10 |
| 2010s | 0.8364 current LCU per US$ of GDP | 0.2391 current LCU per US$ of GDP | 2.6 current LCU per US$ of GDP | 10 |
| 2020s | 16.14 current LCU per US$ of GDP | 3.79 current LCU per US$ of GDP | 49.09 current LCU per US$ of GDP | 5 |
Countries ranked near Argentina
- 21 Burkina Faso 57.75 current LCU per US$ of GDP compare
- 22 Myanmar 54.03 current LCU per US$ of GDP compare
- 23 Hungary 53.51 current LCU per US$ of GDP compare
- 25 Togo 46.56 current LCU per US$ of GDP compare
- 26 Armenia 46.25 current LCU per US$ of GDP compare
- 27 Costa Rica 37.78 current LCU per US$ of GDP compare
More public sector data for Argentina
- Democracy, 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)
- Elected parliament, 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)
- Arms imports 108.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is taxes on goods and services (current lcu), per unit of gdp in Argentina?
- Taxes on goods and services (current lcu), per unit of gdp in Argentina was 49.09 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Argentina?
- The highest recorded value was 49.09 current LCU per US$ of GDP in 2024.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Argentina?
- The lowest recorded value was 0.0111 current LCU per US$ of GDP in 1990.
- How does Argentina rank for taxes on goods and services (current lcu), per unit of gdp?
- Argentina ranks 24th out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Argentina?
- Over the last ten years it is up 9,052.0%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.