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Government budget and revenue in Santa Fe, Argentina: official figures

The provincial government of Santa Fe took in 10.73 trillion pesos and spent 10.75 trillion pesos in 2025 (provisional figures for the non-financial public administration). Revenue came to about 3,026,579 pesos per resident (2022 census population), 8th lowest of the 23 jurisdictions with data.

Provincial government revenue
10.73 trillion pesos
2025
Provincial government spending
10.75 trillion pesos
2025

Does Santa Fe have a budget deficit?

Santa Fe ended 2025 with a deficit of 20.0 billion pesos, 0.2% of revenue (10th best result of the 23 jurisdictions with data); before interest payments its primary result was a surplus of 65.1 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 copy

Where does Santa Fe's money come from?

Taxes the province collects itself brought in 2.88 trillion pesos in 2025, 26.9% of total revenue, 8th highest of the 23 jurisdictions with data. National taxes shared with the province brought in 5.16 trillion pesos, 48.1% of revenue.

Source: Ministerio de Economia, Secretaria de Hacienda: Subsecretaria de Coordinacion Fiscal Provincial (Direccion Nacional de Asuntos Provinciales) · saved copy

How much coparticipacion does Santa Fe receive?

Of the shared national taxes, the net federal revenue-sharing distribution (coparticipacion) gave Santa Fe 4.25 trillion pesos in 2025, 9.3% of the 45.53 trillion pesos distributed to all provinces and Buenos Aires City, and the Education Financing Law (26,075) a further 553.6 billion pesos.

Source: Ministerio de Economia, Secretaria de Hacienda: Subsecretaria de Coordinacion Fiscal Provincial (Direccion Nacional de Asuntos Provinciales) · saved copy

How much does Santa Fe spend on public sector salaries?

Staff pay took 4.52 trillion pesos, 42.0% of all spending in 2025, 8th lowest of the 23 jurisdictions with data. Social security benefits (pensions) paid by the provincial government cost 2.04 trillion pesos, 19.0% of spending.

Source: Ministerio de Economia, Secretaria de Hacienda: Subsecretaria de Coordinacion Fiscal Provincial (Direccion Nacional de Asuntos Provinciales) · saved copy

How much does Santa Fe invest in public works?

Capital spending was 1.18 trillion pesos in 2025, including 947.1 billion pesos of direct investment in works and equipment (8.8% of total spending, 7th highest of the 23 jurisdictions with data). Interest and other property costs were 85.1 billion pesos.

Source: Ministerio de Economia, Secretaria de Hacienda: Subsecretaria de Coordinacion Fiscal Provincial (Direccion Nacional de Asuntos Provinciales) · saved copy

What is the latest budget result for Santa Fe?

In the first half of 2026 Santa Fe took in 6.30 trillion pesos and spent 7.08 trillion pesos, a deficit of 786.1 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 copy

How Santa Fe compares with other provinces

Provincial government revenue per resident (2025)

Santa Fe ranks 16 of 23, highest first. 2025 revenue divided by the 2022 census population. La Pampa is not included in the national consolidation.

RankRegionProvincial government revenue per resident
13San Luis3,226,354 pesos
14San Juan3,109,790 pesos
15Cordoba3,088,314 pesos
16Santa Fe3,026,579 pesos
17Misiones2,942,722 pesos
18Jujuy2,888,354 pesos
19Corrientes2,556,452 pesos
Source: Ministerio de Economia, Secretaria de Hacienda: Subsecretaria de Coordinacion Fiscal Provincial (Direccion Nacional de Asuntos Provinciales) · saved copy

Own-source taxes as a share of revenue (2025)

Santa Fe ranks 8 of 23, highest first.

RankRegionOwn-source taxes as a share of revenue
5Tucuman27.5%
6Misiones27.1%
7Cordoba26.9%
8Santa Fe26.9%
9Neuquen23.5%
10Salta23.2%
11Tierra del Fuego21.6%
Source: Ministerio de Economia, Secretaria de Hacienda: Subsecretaria de Coordinacion Fiscal Provincial (Direccion Nacional de Asuntos Provinciales) · saved copy

Financial result as a share of revenue (surplus positive) (2025)

Santa Fe ranks 10 of 23, highest first.

RankRegionFinancial result as a share of revenue (surplus positive)
7Neuquen+0.9%
8Cordoba+0.5%
9Tucuman+0.5%
10Santa Fe-0.2%
11Misiones-1.4%
12Buenos Aires City-1.5%
13Catamarca-1.7%
Source: Ministerio de Economia, Secretaria de Hacienda: Subsecretaria de Coordinacion Fiscal Provincial (Direccion Nacional de Asuntos Provinciales) · saved copy

Staff pay as a share of spending (2025)

Santa Fe ranks 16 of 23, highest first.

RankRegionStaff pay as a share of spending
13Corrientes45.4%
14Entre Rios44.9%
15Buenos Aires City42.4%
16Santa Fe42.0%
17Mendoza41.8%
18San Luis40.6%
19Buenos Aires Province40.2%
Source: Ministerio de Economia, Secretaria de Hacienda: Subsecretaria de Coordinacion Fiscal Provincial (Direccion Nacional de Asuntos Provinciales) · saved copy

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Sources

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