Government budget and revenue in Formosa, Argentina: official figures
The provincial government of Formosa took in 2.78 trillion pesos and spent 2.75 trillion pesos in 2025 (provisional figures for the non-financial public administration). Revenue came to about 4,578,379 pesos per resident (2022 census population), 5th highest of the 23 jurisdictions with data.
Does Formosa have a budget deficit?
Formosa ended 2025 with a surplus of 34.3 billion pesos, 1.2% of revenue (5th best result of the 23 jurisdictions with data); before interest payments its primary result was a surplus of 36.1 billion pesos. All provinces and Buenos Aires City together had a deficit of 2.78 trillion pesos.
Source: Ministerio de Economia, Secretaria de Hacienda: Subsecretaria de Coordinacion Fiscal Provincial (Direccion Nacional de Asuntos Provinciales) · saved copyWhere does Formosa's money come from?
Taxes the province collects itself brought in 163.7 billion pesos in 2025, 5.9% of total revenue, the lowest of the 23 jurisdictions with data. National taxes shared with the province brought in 2.07 trillion pesos, 74.3% of revenue.
Source: Ministerio de Economia, Secretaria de Hacienda: Subsecretaria de Coordinacion Fiscal Provincial (Direccion Nacional de Asuntos Provinciales) · saved copyHow much coparticipacion does Formosa receive?
Of the shared national taxes, the net federal revenue-sharing distribution (coparticipacion) gave Formosa 1.75 trillion pesos in 2025, 3.8% of the 45.53 trillion pesos distributed to all provinces and Buenos Aires City, and the Education Financing Law (26,075) a further 176.0 billion pesos.
Source: Ministerio de Economia, Secretaria de Hacienda: Subsecretaria de Coordinacion Fiscal Provincial (Direccion Nacional de Asuntos Provinciales) · saved copyHow much does Formosa spend on public sector salaries?
Staff pay took 1.10 trillion pesos, 40.2% of all spending in 2025, 4th lowest of the 23 jurisdictions with data. Social security benefits (pensions) paid by the provincial government cost 442.2 billion pesos, 16.1% of spending.
Source: Ministerio de Economia, Secretaria de Hacienda: Subsecretaria de Coordinacion Fiscal Provincial (Direccion Nacional de Asuntos Provinciales) · saved copyHow much does Formosa invest in public works?
Capital spending was 382.5 billion pesos in 2025, including 308.3 billion pesos of direct investment in works and equipment (11.2% of total spending, 3rd highest of the 23 jurisdictions with data). Interest and other property costs were 1.7 billion pesos.
Source: Ministerio de Economia, Secretaria de Hacienda: Subsecretaria de Coordinacion Fiscal Provincial (Direccion Nacional de Asuntos Provinciales) · saved copyWhat is the latest budget result for Formosa?
In the first half of 2026 Formosa took in 1.58 trillion pesos and spent 1.54 trillion pesos, a surplus of 40.1 billion pesos (provisional; all provinces and Buenos Aires City: deficit of 80.0 billion pesos).
Source: Ministerio de Economia, Secretaria de Hacienda: Subsecretaria de Coordinacion Fiscal Provincial (Direccion Nacional de Asuntos Provinciales) · saved copyHow Formosa compares with other provinces
Provincial government revenue per resident (2025)
Formosa ranks 5 of 23, highest first. 2025 revenue divided by the 2022 census population. La Pampa is not included in the national consolidation.
| Rank | Region | Provincial government revenue per resident |
|---|---|---|
| 2 | Tierra del Fuego | 7,606,389 pesos |
| 3 | Santa Cruz | 6,914,195 pesos |
| 4 | Chubut | 4,629,852 pesos |
| 5 | Formosa | 4,578,379 pesos |
| 6 | Catamarca | 4,507,476 pesos |
| 7 | Buenos Aires City | 4,339,482 pesos |
| 8 | Chaco | 3,695,416 pesos |
Own-source taxes as a share of revenue (2025)
Formosa ranks 23 of 23, highest first.
| Rank | Region | Own-source taxes as a share of revenue |
|---|---|---|
| 17 | Jujuy | 12.4% |
| 18 | Corrientes | 12.2% |
| 19 | Catamarca | 11.6% |
| 20 | La Rioja | 11.3% |
| 21 | Chaco | 10.2% |
| 22 | Santiago del Estero | 7.5% |
| 23 | Formosa | 5.9% |
Financial result as a share of revenue (surplus positive) (2025)
Formosa ranks 5 of 23, highest first.
| Rank | Region | Financial result as a share of revenue (surplus positive) |
|---|---|---|
| 2 | San Luis | +2.1% |
| 3 | Salta | +2.0% |
| 4 | San Juan | +1.5% |
| 5 | Formosa | +1.2% |
| 6 | Jujuy | +1.0% |
| 7 | Neuquen | +0.9% |
| 8 | Cordoba | +0.5% |
Staff pay as a share of spending (2025)
Formosa ranks 20 of 23, highest first.
| Rank | Region | Staff pay as a share of spending |
|---|---|---|
| 17 | Mendoza | 41.8% |
| 18 | San Luis | 40.6% |
| 19 | Buenos Aires Province | 40.2% |
| 20 | Formosa | 40.2% |
| 21 | Santiago del Estero | 39.1% |
| 22 | Misiones | 37.0% |
| 23 | Cordoba | 34.8% |
More on Formosa: overview · economy and jobs · health · education and schools · poverty and living standards · Argentina
Sources
- Ministerio de Economia, Secretaria de Hacienda: Subsecretaria de Coordinacion Fiscal Provincial (Direccion Nacional de Asuntos Provinciales): Ejecucion presupuestaria provisoria, consolidado Administracion Publica No Financiera, IV trimestre 2025 (full year 2025, millions of pesos, by province), read 23 October 2026 · saved copy (SHA-256 b75e07833b28…)
- Ministerio de Economia, Secretaria de Hacienda: Subsecretaria de Coordinacion Fiscal Provincial (Direccion Nacional de Asuntos Provinciales): Ejecucion presupuestaria provisoria, consolidado Administracion Publica No Financiera, II trimestre 2026 (January-June 2026, millions of pesos, by province), read 23 October 2026 · saved copy (SHA-256 071e891773b5…)
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