Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ArgentinaArgentina Tax Revenue fell to 13,015B in December 2024
FMPMonthlyReleased January 2025
Argentina Tax Revenue fell to 13,015B in December 2024, released January 2025, down 11B from November's 13,026B reading. The print exceeded the 3,564.9B consensus by 9,450.1B. The print is running well above the 12-month average of 10,963.93B. Over the past 3 months, Tax Revenue averaged 12,944B, vs 12,173B in the prior 3-month window. The reading is in the 77th percentile of the trailing 24-month range.
Latest Release
13015
Actual
3564.9
Consensus
13026
Previous
Median Absolute Error
±1,598.07 billion
across last 6 releases
Last Call
Jan 2025
Predicted: 3,564.9
Actual: 13,015
Error: -9,450.1
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.45 | INDEX | Moves with | → View |
| BTC/USD | ▼ Inverse | −0.32 | CRYPTO | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Tax Revenue (Argentina) was reported at 20,508.00 billion in September 2026. The reading fell from the previous value of 22,965.00 billion. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 17,995.20 billion, ranging from 15,445.00 billion to 22,965.00 billion across 12 releases.
WHY IT MATTERS
The trailing three releases averaged 21,327.00 billion, up from the prior three at 17,885.21 billion. Volatility over the past year (σ 2,550.96 billion) is higher than the prior year (σ 1,471.39 billion). In September readings over the past 3 years, Tax Revenue has averaged 17,034.75 billion.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC). Over the last 6 releases, the Sigmacast model's median absolute error is 1,598.07 billion.
WHAT TO WATCH NEXT
The next release is scheduled for October 1, 2026.
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
SHARE
Tax Revenue - AR
Loading chart data...
About Tax Revenue — Argentina
DEFINITION
Tax Revenue is a financial indicator that measures the amount of money collected by a government through taxes. It is a key measure of a country's fiscal health and is used to fund public services and programs. Tax revenue can be influenced by economic conditions, tax policies, and compliance rates, making it an important indicator for assessing the overall financial stability of a government.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual 20,508 B. Prior reading (Aug 2026): 20.51 B. Before that (Aug 2026): 20.51 B.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish S&P 500, r=0.45) — a useful reference for index-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP