The Gross Domestic Product (GDP) in Argentina expanded 0.80 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Argentina GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Economic growth, quarterly in Argentina, March, 2025 The most recent value is 0.84 percent as of Q1 2025, a decline compared to the previous value of 1.98 percent. Historically, the average for Argentina from Q2 1993 to Q1 2025 is 0.52 percent. The minimum of -14.11 percent was recorded in Q2 2020, while the maximum of 10.7 percent was reached in Q3 2020. | TheGlobalEconomy.com

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.

The economic activity of the retail and trade sector in Argentina registered negative year-on-year growth rates from ************ to ********. The steepest decline was registered right after the COVID-19 outbreak, in April, with an economic activity decrease of approximately ** percent. In *********, this sector seemed to have started a slow recovery, but the following months saw slightly higher declines. The Brazilian retail sector has also been affected by the coronavirus pandemic.

The Gross Domestic Product (GDP) in Argentina expanded 5.80 percent in the first quarter of 2025 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.

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.

The Gross Domestic Product (GDP) in Argentina was worth 633.27 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Argentina represents 0.60 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.

Argentina AR: GDP: % of GDP: Gross Value Added: Agriculture data was reported at 6.836 % in 2020. This records an increase from the previous number of 6.088 % for 2019. Argentina AR: GDP: % of GDP: Gross Value Added: Agriculture data is updated yearly, averaging 7.386 % from Dec 1965 (Median) to 2020, with 56 observations. The data reached an all-time high of 12.904 % in 1965 and a record low of 4.458 % in 1999. Argentina AR: GDP: % of GDP: Gross Value Added: Agriculture 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: Share of GDP. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. 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 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

In 2024, the growth of the real gross domestic product (GDP) in Argentina amounted to about -1.72 percent. Between 1980 and 2024, the figure dropped by approximately 2.42 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the growth will rise by around 4.69 percentage points, showing an overall upward trend with periodic ups and downs.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.

Inflation Rate in Argentina decreased to 39.40 percent in June from 43.50 percent in May of 2025. This dataset provides the latest reported value for - Argentina Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Argentina AR: GDP: Growth: Volume: Exports of Goods and Services data was reported at 6.403 % in 2026. This records a decrease from the previous number of 8.056 % for 2025. Argentina AR: GDP: Growth: Volume: Exports of Goods and Services data is updated yearly, averaging 5.317 % from Dec 1994 (Median) to 2026, with 33 observations. The data reached an all-time high of 25.697 % in 2024 and a record low of -17.438 % in 2020. Argentina AR: GDP: Growth: Volume: Exports of Goods and Services 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. XGSV_ANNPCT - Exports of goods and services, volume, growth (national accounts basis). Percentage change compared to the previous period. Quarterly growth expressed at annual rate.

In 2020, the amount of debt held by Argentina's central government to creditors based in the country represented more than 56 percent of gross domestic product (GDP). Argentina's internal debt in relation to its GPD has been increasing almost uninterruptedly since 2011, when the share was below 27 percent.

Argentina: Informal economy, DGE method: The latest value from 2020 is 21.2 percent, a decline from 21.6 percent in 2019. In comparison, the world average is 28.16 percent, based on data from 156 countries. Historically, the average for Argentina from 1990 to 2020 is 22.59 percent. The minimum value, 21.2 percent, was reached in 2020 while the maximum of 24.1 percent was recorded in 1991.

The economic activity of the mining and quarrying sector in Argentina increased by **** percent in December 2021, in comparison to the same month of the previous year. During 2020 and the beginning of 2021, Argentina's mining economic activity saw a slowdown, which was largely associated with lockdown measures implemented in the country in the face of the COVID-19 pandemic. The sector's economic activity started to experience a year-on-year growth in April 2021.

The gross domestic product (GDP) in current prices in Argentina amounted to about 632.15 billion U.S. dollars in 2024. From 1980 to 2024, the GDP rose by approximately 398.45 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the GDP will rise by around 144.67 billion U.S. dollars, showing an overall upward trend with periodic ups and downs.This indicator describes the gross domestic product at current prices. 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.

Monthly GDP YoY in Argentina increased to 7.70 percent in April from 5.40 percent in March of 2025. This dataset includes a chart with historical data for Argentina Economic Activity Index.

Inflation in Argentina was 54 percent in 2019, before falling to 42 percent in 2020. Despite Argentina's fluctuating economic instability over the twentieth century, the largest factor in its current economic status is the legacy of poor fiscal discipline left by the economic depression from 1998 to 2002. Although data is not available from 2014 to 2016, Argentina's inflation rate has been among the highest in the world for the past five years.

What causes inflation?

Inflation is a rise in price levels for all goods. Major causes of inflation include an increase in money supply, low central bank interest rates, and expectation of inflation. In a country such as Argentina, the expectation can be one of the biggest obstacles. People expect inflation to be high and demand increasing wages, and firms continue raising prices because they expect the costs of inputs to increase. Banks follow suit, charging high interest rates on fixed deposits.

Effects of inflation

Inflation negatively affects savers. 100 Argentinian pesos in 2018 was worth just under 75 pesos in 2019, after adjusting for the 34 percent inflation rate. Similarly, frequently changing prices has its own inherent cost, called “menu cost” after the price of printing new menus. Inflation will also have a positive effect on national debt when that debt is denominated in Argentinian pesos, because the pesos will be cheaper when the loan matures. However, the majority of Argentina’s debts are in foreign currency, which means that inflation will make these debts larger in peso terms.

Argentina: International tourism revenue, percent of GDP: The latest value from 2020 is 0.44 percent, a decline from 1.26 percent in 2019. In comparison, the world average is 3.33 percent, based on data from 125 countries. Historically, the average for Argentina from 1995 to 2020 is 1.22 percent. The minimum value, 0.44 percent, was reached in 2020 while the maximum of 1.81 percent was recorded in 2003.

In 2020, the debt that Argentina's central government owed to foreign creditors was *** percent points lower than the amount of debt held with creditors based in the country. Argentina's internal debt in relation to the country's gross domestic product (GDP) almost doubled between 2012 and 2020, growing from **** to **** percent, while foreign debt increased by more than **** times during the same period.

Argentina AR:(GDP) Gross Domestic ProductDeflator: Seasonally Adjusted data was reported at 1,746.396 2010=100 in 2020. This records an increase from the previous number of 1,248.845 2010=100 for 2019. Argentina AR:(GDP) Gross Domestic ProductDeflator: Seasonally Adjusted data is updated yearly, averaging 151.308 2010=100 from Dec 2004 (Median) to 2020, with 17 observations. The data reached an all-time high of 1,746.396 2010=100 in 2020 and a record low of 40.351 2010=100 in 2004. Argentina AR:(GDP) Gross Domestic ProductDeflator: Seasonally Adjusted data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Argentina – Table AR.IMF.IFS: Gross Domestic Product: Deflator and Volume Index: Annual.