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Argentina Government Revenue

General government revenue as % of GDP  GGR_NGDP

Argentina's government revenue was 32.18% in 2025, ranked 66th globally. This represents a 2.2% increase from 2024. Data from IMF WEO, covering 1993–2025.

32.18% +0.70% (+2.2%)
Year 2025 Rank #66 Global Peak 35.37% (2015) Source IMF WEO

Argentina Government Revenue (1993–2025)

Overview

Argentina's government revenue stood at 32.18% in 2025, a rise of +0.70% from 2024. The IMF projects 32.18% by 2025. Argentina ranked 66th globally.

Argentina’s government revenue as a share of GDP has risen steadily over the 33‑year span from 1993 to 2025, moving from 21.99 % in the earliest year to 32.18 % in the latest IMF World Economic Outlook release, a level that ranks 66th globally. The trajectory includes a pronounced trough of 19.88 % in 1996, reflecting the fiscal strain of the early 1990s, followed by an all‑time peak of 35.37 % in 2015 during a period of heightened tax collection and commodity‑driven growth. By 2025, Argentina’s revenue share is virtually aligned with peers such as Romania (32.21 %) and Switzerland (32.33 %), indicating convergence with middle‑income benchmarks despite persistent macro‑economic volatility. The upward swing suggests that ongoing reforms aimed at broadening the tax base and improving compliance could sustain the current level, while any reversal in commodity prices or fiscal discipline would likely alter the trajectory.

Data & projection

Year Government Revenue YoY change Rank
2030* IMF 33.65% - -
2029* IMF 33.79% - -
2028* IMF 33.87% - -
2027* IMF 33.55% - -
2026* IMF 33.14% - -
2025* IMF 32.18% - -
2025 32.18% +0.70% #66
2024 31.48% −0.83% #73
2023 32.31% −1.50% #67
2022 33.81% +0.26% #63
2021 33.55% −0.26% #61
2020 33.81% +0.12% #58
2019 33.68% +0.18% #63
2018 33.51% −0.92% #61
2017 34.43% −0.44% #54
2016 34.87% −0.50% #51
2015 35.37% +0.77% #52
2014 34.60% +0.25% #62
2013 34.35% +0.55% #64
2012 33.80% +1.65% #67
2011 32.16% +0.19% #70
Show all years (1993-2025)
* IMF World Economic Outlook projection

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 219.9% Rate 61.7% Gap -158.2pp Reserves YoY +28.1%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Argentina matched the Orthodox Tightening Cycle pattern in 2024. Historically, 57% of countries showing this pattern (177 out of 311) saw government revenue improve within 24 months. View full analysis →

Argentina's government revenue could see positive impacts from the reported energy boom, with President Milei highlighting increased oil production nearing one million barrels a day. This growth in the energy sector is likely to boost tax receipts and royalties. Additionally, steady Chinese demand for Latin American commodities, including those exported by Argentina like soy, could further support government revenue through export taxes and economic activity.

Frequently Asked Questions

What is Argentina's government revenue?▾

Argentina's government revenue was 32.18% in 2025. Ranked 66th globally. This represents a 2.2% increase from the previous year.

What was the highest government revenue in Argentina?▾

Argentina's government revenue peaked at 35.37% in 2015.

What was the lowest government revenue in Argentina?▾

The lowest government revenue in Argentina was 19.88% in 1996.

How does Argentina rank in government revenue?▾

Argentina ranks 66th globally in government revenue as of 2025.

What is the World Bank indicator code for government revenue?▾

The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.

What is the projected government revenue of Argentina in 2025?▾

Argentina's government revenue is projected to reach 32.18% by 2025 based on IMF projection.

What is the government revenue of Argentina in 2025?▾

The government revenue of Argentina in 2025 was 32.18%. This ranks 66th in the world.

Cite this page

APA
Argentina Government Revenue. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/argentina/government-revenue/
BibTeX
@misc{historysaid_argentina_government-revenue, title = {Argentina Government Revenue}, url = {https://historysaid.com/argentina/government-revenue/}, publisher = {HistorySaid}, year = {2026} }

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