Markets and Data · Fiscal
Primary balance, national public sector (monthly) Primary fiscal balanceWhat it isGovernment revenue minus spending before interest payments, published monthly by the Ministry of Economy.What it means for youA primary surplus means the government does not need new borrowing or money printing to cover its operating costs, a key pillar of stabilisation.How people use itInvestors and rating agencies use it to judge debt sustainability and the credibility of the program.Read more
ARS 1.99 trillion (about US$1.27bn)
minus ARS 970.0bn change vs previous reading of ARS 2.96 trillion (Jul 2026). Latest reading: Aug 2026.
Last updated: 25 Oct 2026, 00:00 (Buenos Aires time, UTC-3). Source: Ministry of Economy (IMIG) via datos.gob.ar (series id 452.3_RESULTADO_RIO_0_M_18_54). Release calendar: INDEC.
Recent readings
| Date | Value | US$ at MEP |
|---|---|---|
| Aug 2026 | ARS 1.99 trillion | US$1.30bn |
| Jul 2026 | ARS 2.96 trillion | US$1.94bn |
| Jun 2026 | ARS -696.8bn | US$-473m |
| May 2026 | ARS 1.92 trillion | US$1.34bn |
| Apr 2026 | ARS 632.8bn | US$443m |
| Mar 2026 | ARS 930.3bn | US$652m |
| Feb 2026 | ARS 1.41 trillion | US$985m |
| Jan 2026 | ARS 3.13 trillion | US$2.11bn |
| Dec 2025 | ARS -2.88 trillion | US$-1.93bn |
| Nov 2025 | ARS 2.13 trillion | US$1.45bn |
| Oct 2025 | ARS 823.9bn | US$546m |
| Sep 2025 | ARS 697.0bn | US$478m |
| Aug 2025 | ARS 1.56 trillion | n/a |
| Jul 2025 | ARS 1.75 trillion | n/a |
| Jun 2025 | ARS 790.5bn | n/a |
US dollar values divide each peso reading by the MEP rate of that date (monthly average MEP for monthly series), from our daily MEP history.