Argentina's Tax Revenue Up 23.7% in June 2026, but Real Terms May Show Decline
Translated from Spanish, summarized and contextualized by DistantNews.
At a glance
- Argentina's tax revenue increased by 23.7% year-on-year in June 2026, reaching 20 trillion pesos.
- Private sector estimates suggest that inflation may have caused a real-term decrease in revenue.
- Tax collection in June was 6.9% lower than in May.
Argentina's tax revenue saw a year-on-year increase of 23.7% in June 2026, reaching 20 trillion pesos (approximately $13.33 billion), according to official sources. This marks a significant nominal rise compared to the same month in the previous year.
However, when considering inflation, the picture appears less robust. While official inflation data for June has not yet been released, private sector consultants estimate that year-on-year inflation could have reached 33.6%. If these estimates hold true, the tax revenue would have actually declined in real terms.
Further analysis of the official data reveals a month-on-month decrease, with tax collection in June falling by 6.9% compared to May. This dip occurred despite a slowdown in monthly inflation, which private calculations placed around 1.9% in June.
For context, Argentina's tax revenue experienced a substantial increase of 39.4% in 2025, accumulating a total of 183.1 trillion pesos for the year.
Originally published by ABC Color in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.