Fiscal Balance in Argentina

Argentina Fiscal Balance | Economic News & Forecasts

Argentina - Fiscal Balance

GDP growth in annual terms accelerated to a multi-year high in Q4 2017. The expansion came in above market estimates and underscores a domestic economy that is showing signs of recovery, with declining unemployment and robust industrial production. More recent data is positive, suggesting the growth momentum carried over into the first quarter of this year. Economic activity accelerated markedly in January, and industrial output surged in February. However, this positive data contrasts with figures from the external and monetary sectors. The trade balance recorded its fourteenth consecutive month of deficit in February, and a devastating drought in parts of the country throughout Argentina’s summer months will hit export-oriented industries. Inflation in Q1 furthermore remained untamed, implying that the external debt burden will continue to grow in the coming months to keep up with elevated public spending.

Argentina - Fiscal Balance Data

2012  2013  2014  2015  2016  
Fiscal Balance (% of GDP)-2.1  -1.9  -     -     -     

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Argentina Facts

ValueChangeDate
Bond Yield6.690.15 %Dec 17
Exchange Rate20.200.45 %Apr 20
Stock Market31,1622.26 %Apr 20

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