Argentina recorded a 1% GDP primary deficit 2019

Argentina national public sector registered in 2019 a primary deficit without extraordinary income of ARG$ 208.8 billion ($3.475 billion), equivalent to 0.96% of the Gross Domestic Product, said the Ministry of Economy. Computing extraordinary income, the deficit was ARG$ 95.122 billion (0.44% of GDP). The financial deficit amounted to ARG$ 933 billion ($15.32 billion), a figure equivalent to 4.28% of GDP. Sovereign debt interest payment amounted to 18.4% of the total public sector income.

Source: Télam