The Gross Domestic Product (GDP) in Argentina expanded 2.10 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides the latest reported value for - Argentina GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The growth of the real gross domestic product (GDP) in Argentina was forecast to increase between 2024 and 2029 by in total 5.9 percentage points. This overall increase does not happen continuously, notably not in 2026, 2027, 2028 and 2029. The growth is estimated to amount to 2.42 percent in 2029. This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.Find more key insights for the growth of the real gross domestic product (GDP) in countries like Paraguay, Chile, and Uruguay.

The Gross Domestic Product (GDP) in Argentina expanded 1.10 percent in the fourth quarter of 2024 over the previous quarter. This dataset provides - Argentina GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Key information about Argentina Real GDP Growth

• The Gross Domestic Product (GDP) in Argentina expanded 1.2 % YoY in Mar 2023, following a growth of 1.1 % in the previous quarter.
• Real GDP Growth YoY data in Argentina is updated quarterly, available from Mar 2005 to Mar 2023, with an average rate of 3.0 %.
• The data reached an all-time high of 20.7 % in Jun 2021 and a record low of -19.5 % in Jun 2020.

• In the latest reports, Nominal GDP of Argentina reached 150.8 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 94.1 % in Mar 2023.
• GDP Per Capita in Argentina reached 13,659.4 USD in Dec 2022.
• Its Gross Savings Rate was measured at 11.0 % in Mar 2023.
• For Nominal GDP contributions, Investment accounted for 14.5 % in Mar 2023.
• Public Consumption accounted for 15.7 % in Mar 2023.
• Private Consumption accounted for 73.3 % in Mar 2023.

Full Year GDP Growth in Argentina decreased to -1.55 percent in 2023 from 4.96 percent in 2022. This dataset includes a chart with historical data for Argentina Full Year GDP Growth.

Argentina's real gross domestic product (GDP) increased between the first quarter of 2021 and the same quarter of 2023. In 2020, the impact of the COVID-19 pandemic seems to have worsened Argentina's dwindling economic growth. From April to June of 2020, the total value of goods and services produced in Argentina fell to 609 billion pesos according to 2004 prices, the lowest value registered since the first quarter of 2009, after the global financial crisis of 2008. By the last quarter of 2021, GDP had grown to 698 billion pesos.

Argentina AR: GDP: Growth: GNI data was reported at 5.063 % in 2022. This records a decrease from the previous number of 11.457 % for 2021. Argentina AR: GDP: Growth: GNI data is updated yearly, averaging 2.496 % from Dec 1961 (Median) to 2022, with 62 observations. The data reached an all-time high of 17.751 % in 2006 and a record low of -13.204 % in 2002. Argentina AR: GDP: Growth: GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

The latest data from show economic growth of 2.07 percent, which is an increase from the rate of growth of -2.02 percent in the previous quarter and
an increase compared to the growth rate of -1.22 percent in the same quarter last year. The economic growth time series for Argentina cover the...

Argentina AR: GDP: Growth data was reported at -1.551 % in 2023. This records a decrease from the previous number of 4.956 % for 2022. Argentina AR: GDP: Growth data is updated yearly, averaging 2.812 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 10.718 % in 2021 and a record low of -10.894 % in 2002. Argentina AR: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.

The gross domestic product (GDP) in current prices in Argentina was forecast to continuously increase between 2024 and 2029 by in total 109.5 billion U.S. dollars (+18.12 percent). After the fourth consecutive increasing year, the GDP is estimated to reach 713.9 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that the values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.Find more key insights for the gross domestic product (GDP) in current prices in countries like Chile, Uruguay, and Paraguay.

Argentina AR: GDP: Growth: Exports of Goods and Services data was reported at -6.687 % in 2023. This records a decrease from the previous number of 5.771 % for 2022. Argentina AR: GDP: Growth: Exports of Goods and Services data is updated yearly, averaging 3.093 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 45.238 % in 1962 and a record low of -17.438 % in 2020. Argentina AR: GDP: Growth: Exports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Monthly GDP YoY in Argentina increased to 5.50 percent in December from 0.40 percent in November of 2024. This dataset includes a chart with historical data for Argentina Economic Activity Index.

Argentina AR: Contribution to Growth in Real GDP: Change in Inventories: Single Hit Scenario data was reported at 0.263 % in 2021. This records a decrease from the previous number of 0.635 % for 2020. Argentina AR: Contribution to Growth in Real GDP: Change in Inventories: Single Hit Scenario data is updated yearly, averaging 0.040 % from Dec 1994 (Median) to 2021, with 28 observations. The data reached an all-time high of 3.345 % in 2003 and a record low of -3.830 % in 2002. Argentina AR: Contribution to Growth in Real GDP: Change in Inventories: Single Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Argentina – Table AR.OECD.EO: GDP: Growth and Contribution to Growth: Forecast: Non OECD Member: Annual. CQ_ISKV-Change in inventories, contributions to growth in real GDP

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

The Gross Domestic Product (GDP) in Argentina was worth 646.08 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Argentina represents 0.61 percent of the world economy. This dataset provides the latest reported value for - Argentina GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Contains data from the World Bank's data portal covering the following topics which also exist as individual datasets on HDX: Agriculture and Rural Development, Aid Effectiveness, Economy and Growth, Education, Energy and Mining, Environment, Financial Sector, Health, Infrastructure, Social Protection and Labor, Poverty, Private Sector, Public Sector, Science and Technology, Social Development, Urban Development, Gender, Climate Change, External Debt, Trade.

The gross domestic product (GDP) per capita in Argentina was forecast to continuously increase between 2024 and 2029 by in total 1,587.3 U.S. dollars (+12.39 percent). According to this forecast, in 2029, the GDP per capita will have increased for the fourth consecutive year to 14,401.77 U.S. dollars. This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U.S. dollars at current exchange prices and then divided by the total population. The gross domestic products is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).Find more key insights for the gross domestic product (GDP) per capita in countries like Paraguay, Chile, and Uruguay.

Argentina AR: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at -2.107 % in 2023. This records a decrease from the previous number of 4.622 % for 2022. Argentina AR: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 2.346 % from Dec 1966 (Median) to 2023, with 58 observations. The data reached an all-time high of 15.967 % in 2003 and a record low of -12.071 % in 1981. Argentina AR: GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Argentina – Table AR.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 10-33. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.