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Argentina’s Government Trust Index Hits 2.02 After Record April Drop

The plunge pushes Milei’s term average to its lowest point.

Overview

  • The UTDT Government Trust Index, published Monday, fell 12.1% in April to 2.02 points on a 0–5 scale from a Poliarquía survey.
  • All five components declined, with Efficiency down 21.4% to 1.87, the weakest area in the April reading.
  • Since December, the index has dropped 17.9% and stands 13.2% below its level in April 2025.
  • Support fell most among men and people aged 30 to 49, while 18 to 29-year-olds ticked up, and the interior scored higher than Greater Buenos Aires.
  • Expectations drove the gap in trust, as respondents who see the economy improving rated the government at 4.03 versus 0.51 among those expecting deterioration.