24Peaks / South America / Argentina / Fiscal Balance

Argentina - Fiscal Balance 0.63

World Bank MPO (Spring 2026) · updated 2026-10-03 · 142 economies tracked

Latest value

0.63 (2028)

Global rank

##13 of 142 economies

Share of global total

-0.1%

Growth since 2004

0.21×

Ranking Race — Fiscal Balance

1 = global #1 · higher value ranks higher

#1#24#47#70#93#116#139198019902000201020202028#14#132025 overtook Seychelles2026 overtook Congo, Rep.
ArgentinaQatarUnited Arab EmiratesLesothoOman

Real annual global ranks, 1980 - 2028. Argentina climbed from #14 to #13 (overtook Seychelles). Gaps in a lane = missing data that year.

Key events for Argentina ↓

Key Events — Argentina

Auto-detected from rank data + curated milestones

1989
Hyperinflation curated

Prices spiral out of control before convertibility plan.

2001
Sovereign default curated

Largest default in history; peso peg abandoned.

2003
Commodity boom rebound curated

Strong recovery driven by commodity exports.

2005
Fell 16 places in global rank auto
2011
Fell 43 places in global rank auto
2014
Fell 29 places in global rank auto
2018
Currency crisis curated

IMF bailout as the peso loses half its value.

2021
Climbed 18 places in global rank auto

Fiscal Balance, 2004-2028

World Bank MPO (Spring 2026) · % of GDP · linear scale · ranking in the race above
200420092014201920242028-8.92-4.94-0.973.01

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