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Government Confidence Breaks Negative Streak, Rises for First Time in 2026

22/06/2026 22:39 - Politica

A Breath of Fresh Air After Five Months of Declines

The administration of Javier Milei has managed to interrupt the persistent erosion of its political capital. After a year start marked by continuous deterioration of expectations, the Government Confidence Index (ICG) registered in June 2026 its first increase of the year.

The indicator, elaborated monthly by the School of Government at Torcuato Di Tella University since November 2001, stood at 2.07 points on a 0 to 5 scale, representing an increase of 3.9% compared to May, according to the technical report based on measurements by Poliarquía Consultores.

📊 The Positive News

First monthly increase of the ICG in 2026, breaking a streak of five consecutive months of declines.

📉 The Contrast

The accumulated contraction since the end of 2025 reaches 16.1%, and the year-over-year comparison shows a decline of 11.4%.

Month-by-Month Evolution

Month Variation Trend
January 2026 -2.8% 📉
February 2026 -0.6% 📉
March 2026 -3.5% 📉
April 2026 -12.1% 📉
May 2026 -1.6% 📉
June 2026 +3.9% 📈

Comparison with Previous Administrations

In month 30 of government, Milei's index stands at relatively high levels within the historical series comparing six previous presidencies:

President ICG at Month 30
Néstor Kirchner 2.42 points
Javier Milei 2.07 points
Mauricio Macri 2.04 points
Cristina Kirchner II 1.70 points
Cristina Kirchner I 1.61 points
Alberto Fernández 1.40 points

The average of Milei's administration over its first 30 months stands at 2.40 points, its lowest record so far. For comparison, Macri and Fernández registered averages of 2.52 and 1.93 points respectively during the same period.

Index Components Breakdown

Components that Improved
  • Efficiency: 2.12 points (+12.8%) 📈
  • Capacity: 2.46 points (+4.3%) 📈
  • General Interest: 1.63 points (+3.8%) 📈
No Variation
  • Honesty: 2.46 points (=)
Component that Declined
  • General Evaluation: 1.68 points (-0.5%) 📉

Surprising Rebound in Greater Buenos Aires

The demographic analysis reveals a striking shift in trend. Greater Buenos Aires (GBA)—the metropolitan area surrounding the capital city—registered the largest percentage increase among surveyed zones, jumping 11.1% to reach 1.83 points.

  • Interior (provinces): 2.19 points (+0.9%)
  • CABA (City of Buenos Aires): 2.03 points (+6.3%)
  • GBA: 1.83 points (+11.1%) 🚀
  • Over 50 years: 2.23 points (+4.3%)
  • 18-29 years: 2.18 points (+1.4%)
  • 30-49 years: 1.76 points (+2.4%)

The segment with primary education led the most significant increase with a rise of 42.5%, reaching 1.72 points and returning to levels similar to those of April.

📌 What is the ICG?

The Government Confidence Index (ICG) is an indicator developed since November 2001 by the School of Government at Torcuato Di Tella University, one of Argentina's most prestigious academic institutions. It is constructed from five components: Efficiency in public spending administration, Capacity to solve problems, Honesty, Concern for general interest, and General government evaluation. The scale ranges from 0 (minimum confidence) to 5 (maximum confidence).

Sources: El Cronista | Infocielo

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