Argentina's taxes less subsidies on products (constant LCU) was 131.42 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 10.86% from 118.55 billion in 2015 (1.04% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 131.42 billion | 2025 |
| Five years earlier | 102.9 billion | 2020 |
| Ten years earlier | 118.55 billion | 2015 |
| Highest | 131.42 billion | 2025 |
| Lowest | 46.3 billion | 1966 |
| Average since 2016 | 118.89 billion | 2016–2025 |
| First recorded | 47.73 billion |
What the numbers say
In 2025, Argentina's taxes less subsidies on products (constant LCU) rose 8.7% on 2024 (from 120.92 billion to 131.42 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +2.1% and a typical year strayed about 10% from that (the standard deviation). This year's change was 0.7 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 23.7% in 1993 and the biggest yearly fall was 30.2% in 2002. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 20% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Argentina had the 68th highest value of the 152 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Argentina in the 2025 ranking
- Kyrgyz Republic — 64th of 152: 161.76 billion
- Guyana — 65th of 152: 147.39 billion
- Morocco — 66th of 152: 145.34 billion
- Hong Kong SAR, China — 68th of 152: 125.29 billion
- Mozambique — 69th of 152: 120.71 billion
- Ethiopia — 70th of 152: 112.72 billion
What this measures
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 61 values
| Year | Taxes less subsidies on products (constant LCU) |
|---|---|
| 2025 | 131,421,924,800 |
| 2024 | 120,915,282,900 |
| 2023 | 122,138,407,700 |
| 2022 | 126,525,551,600 |
| 2021 | 113,555,473,400 |
| 2020 | 102,899,040,600 |
| 2019 | 114,180,390,900 |
| 2018 | 118,844,754,300 |
| 2017 | 121,602,802,600 |
| 2016 | 116,854,793,100 |
Taxes less subsidies on products (constant LCU) in nearby economies
- Antigua and Barbuda — 563.21 million (2025)
- Aruba — 1.02 billion (2023)
- Bahamas, The — 1.49 billion (2024)
- Barbados — 1.6 billion (2025)
- Belize — 687.41 million (2025)
- Bolivia — 30.68 billion (2024)
- Brazil — 722.57 billion (2025)
- Cayman Islands — 272.9 million (2024)
- Chile — 21.2 trillion (2025)
- Colombia
More economic policy & debt data for Argentina
- Total reserves, including gold (current US$) — US$41 billion (2025)
- Total reserves, excluding gold (current US$) — US$32.33 billion (2025)
- Final consumption expenditure (current US$) — US$580.02 billion (2025)
- Final consumption expenditure (current LCU) — 719.72 trillion (2025)
- Final consumption expenditure (constant 2015 US$) — US$522.52 billion (2025)
- Final consumption expenditure (constant LCU) — 646.27 billion (2025)
- Final consumption expenditure (% of GDP) — 84.91% (2025)
- Gross national expenditure deflator (base year varies by country) — 107,789 (2025)
- Gross national expenditure (current US$)
Reading data like this
Questions people ask
- What is Argentina's taxes less subsidies on products (constant LCU)?
- 131.42 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1965?
- It is up 175.34% from 47.73 billion in 1965 (1.7% a year on average, compounded). The highest value was 131.42 billion in 2025 and the lowest 46.3 billion in 1966.
- How does Argentina rank?
- 68th highest of 152 economies with data for 2025.
- Is the latest change in taxes less subsidies on products (constant LCU) unusual for Argentina?
- In 2025, Argentina's taxes less subsidies on products (constant LCU) rose 8.7% on 2024 (from 120.92 billion to 131.42 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +2.1% and a typical year strayed about 10% from that (the standard deviation). This year's change was 0.7 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.TAX.NIND.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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