Argentina: Government spending, percent of GDP

Argentina: Government spending as percent of GDP

For that indicator, The World Bank provides data for Argentina from 1960 to 2017. The
average value for Argentina during that period was 11.4 percent with a minumum of 2.98
percent in 1992 and a maximum of 18.11 percent in 2017. See the global rankings for that
indicator or use the country comparator to compare trends over time.
Argentina Fiscal Expenditure
Fiscal Expenditure in Argentina increased to 448552.40 Million in September from 430174
Million in August of 2019. Fiscal Expenditure in Argentina averaged 61592.29 ARS Million
from 1993 until 2019, reaching an all time high of 527118.20 ARS Million in June of 2019 and
a record low of 3240.10 ARS Million in February of 1993.

Argentina: Ratio of government expenditure to gross domestic product

from 2014 to 2024

Taxes in Argentina
Due to the absence of the tax code in Argentina, the tax regulation takes place in accordance
with separate laws, which, in turn, are governed by provisions of acts adopted by the
executive authorities. The powers of the executive authority include levying a tax on profits,
property and added value throughout the national territory. In Argentina, the tax policy is
implemented by the Federal Administration of Public Revenue, which is subordinate to the
Ministry of Economy. The Federal Administration of Public Revenues (AFIP)[1] is an
independent service, which includes: the General Tax Administration, the General Customs
Office and the General Directorate for Social Security. AFIP establishes the relevant legal
norms for the calculation, payment and administration of taxes:

 taxes levied on operations carried out on the national territory of the country and in
marine areas fully covered by the national tax policy;
 taxes, which are imposed on import and export operations, regulated by tax laws and
customs regulations;
 corresponding deductions for social security.
The tax year is the fiscal year which can be calendar year or another period covering 12
months. The administration of taxes functions on self-assessment system and the ruling is
covered only by a binding consultation system. There is no ruling system for taxes in
Argentina.

Taxes in Argentina are levied on three levels:

 federal level
 provincial level
 municipal level
The main sources of state budget revenues in Argentina are:

 Income tax, levied both on enterprises and individuals

 Value-added tax
 Internal taxes.
The following federal taxes are applied in Argentina:

 Taxes on income, profit and capital gains: Income tax in Argentina is collected solely
by the Government of Argentina, to the exclusion of the provinces. Argentina has a
progressive tax on personal income that is collected as a deferred tax. It also has a flat
rate tax on business income (corporate tax) - 35%. There is a stamp tax of 1.5% on the
total value of real property, whether it gained or lost value, as opposed to just 1.5%
applied only to realised capital gains. There is also an ad valorem property tax on other
assets such as vehicles. There is also a 0.6% tax on all bank transactions.

 VAT: The standard tax rate, currently 21%, is charged on the net price of the transaction.
The special rate 27% is applied on services as water, natural, gas, water, power and
communication services. Reduced rate of 10,5% is levied on some capital goods. Exports
of goods and services are zero-taxed, because outputs are not with taxation and inputs can
be reclaimed.;
 Excise taxes on electronics, tobacco, alcohol, soft drinks, perfumes, jewelry, precious
stones, vehicles, tires, mobile phone services, insurance policies, gasoline, lubricating
oils, and other items.;

Argentina: Corporate tax rate

KPMG provides data for Argentina from 2006 to 2019. The average value for Argentina
during that period was 34 percent with a minumum of 30 percent in 2018 and a maximum of
35 percent in 2006. See the global rankings for that indicator or use the country comparator to
compare trends over time.

Argentina: Personal income tax rate

For that indicator, KPMG provides data for Argentina from 2006 to 2019. The average value
for Argentina during that period was 35 percent with a minmum of 35 percent in 2006 and a
maximum of 35 percent in 2006. See the global rankings for that indicator or use the country
comparator to compare trends over time.
Argentina: Tax rate, percent of commercial profits

The World Bank (doing business survey) provides data for Argentina from 2005 to 2019. The
average value for Argentina during that period was 111.83 percent with a minmum of 106
percent in 2016 and a maximum of 137.6 percent in 2015. See the global rankings for that
indicator or use the country comparator to compare trends over time.

Argentina: Tax preparation time, in hours

For that indicator, The World Bank (doing business survey) provides data for Argentina from
2005 to 2018. The average value for Argentina during that period was 410 hours with a
minumum of 312 hours in 2017 and a maximum of 453 hours in 2005. See the global
rankings for that indicator or use the country comparator to compare trends over time.

Argentina: Taxes on goods and services, percent of total revenue

For that indicator, The World Bank provides data for Argentina from 1990 to 2017. The
average value for Argentina during that period was 33.64 percent with a minumum of 21.96
percent in 1990 and a maximum of 43.86 percent in 2000. See the global rankings for that
indicator or use the country comparator to compare trends over time.

Argentina: Taxes on international trade, percent of total revenue

For that indicator, The World Bank provides data for Argentina from 1990 to 2017. The
average value for Argentina during that period was 10.69 percent with a minumum of 4.28
percent in 2001 and a maximum of 20.12 percent in 2008. See the global rankings for that
indicator or use the country comparator to compare trends over time.

Argentina Steel Production

Steel Production in Argentina decreased to 406.08 Thousand Tonnes in September from 435.52
Thousand Tonnes in August of 2019. Steel Production in Argentina averaged 344.14 Thousand
Tonnes from 1980 until 2019, reaching an all time high of 529 Thousand Tonnes in July of
2008 and a record low of 98 Thousand Tonnes in February of 1984.