# Argentina Government final consumption expenditure (INDEC)

Argentina Government final consumption expenditure (INDEC) was down 4.1% year on year in Q2 2026, compared with 1.3% in Q1 2026.
The level stood at 95,678 ARS million at 2004 prices.
That is the lowest reading since Q2 2024.
Over the past ten years it has ranged from −8.5% (Q3 2019) to 11.5% (Q4 2021), averaging 0.05%.

- Source agency: INDEC
- Makrognosis code: `AR.GOVCONS.Q.REAL`
- Frequency: quarterly
- Units: ARS million at 2004 prices
- Coverage: 2004-01-01 to 2026-04-01 (90 observations)
- Page: https://makrognosis.robomacro.com/data/argentina/government-final-consumption-expenditure-indec

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 95,678 ARS million at 2004 prices | −4.1 |
| Q1 2026 | 92,898 ARS million at 2004 prices | 1.3 |
| Q4 2025 | 101,592 ARS million at 2004 prices | 0.4 |
| Q3 2025 | 96,837 ARS million at 2004 prices | 1.3 |
| Q2 2025 | 99,732 ARS million at 2004 prices | 1.5 |
| Q1 2025 | 91,688 ARS million at 2004 prices | −1.7 |
| Q4 2024 | 101,219 ARS million at 2004 prices | 2.0 |
| Q3 2024 | 95,614 ARS million at 2004 prices | −3.9 |
| Q2 2024 | 98,261 ARS million at 2004 prices | −5.5 |
| Q1 2024 | 93,291 ARS million at 2004 prices | −4.5 |
| Q4 2023 | 99,273 ARS million at 2004 prices | −1.6 |
| Q3 2023 | 99,537 ARS million at 2004 prices | 3.5 |
| Q2 2023 | 104,014 ARS million at 2004 prices | 4.4 |
| Q1 2023 | 97,699 ARS million at 2004 prices | 3.0 |
| Q4 2022 | 100,882 ARS million at 2004 prices | −2.7 |
| Q3 2022 | 96,129 ARS million at 2004 prices | 1.1 |
| Q2 2022 | 99,651 ARS million at 2004 prices | 6.2 |
| Q1 2022 | 94,876 ARS million at 2004 prices | 7.4 |
| Q4 2021 | 103,727 ARS million at 2004 prices | 11.5 |
| Q3 2021 | 95,109 ARS million at 2004 prices | 9.3 |
| Q2 2021 | 93,810 ARS million at 2004 prices | 6.7 |
| Q1 2021 | 88,352 ARS million at 2004 prices | 0.7 |
| Q4 2020 | 93,009 ARS million at 2004 prices | 0.02 |
| Q3 2020 | 86,985 ARS million at 2004 prices | −1.9 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/AR.GOVCONS.Q.REAL"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/AR.GOVCONS.Q.REAL",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```