Argentina Competitiveness Indicator: Relative Unit Labour Costs: Overall Economy data was reported at 20.166 Index, 2021 in 2026. This records an increase from the previous number of 17.576 Index, 2021 for 2025. Argentina Competitiveness Indicator: Relative Unit Labour Costs: Overall Economy data is updated yearly, averaging 675.292 Index, 2021 from Dec 1970 (Median) to 2026, with 57 observations. The data reached an all-time high of 5,866.208 Index, 2021 in 1974 and a record low of 16.324 Index, 2021 in 2024. Argentina Competitiveness Indicator: Relative Unit Labour Costs: Overall Economy 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: Trade Statistics: Competitiveness Indicators In International Trade: Forecast: Non OECD Member: Annual.

In 2021, the travel and tourism sector contributed almost 34 billion U.S. dollars to the gross domestic product (GDP) of Argentina. This represents a rise of roughly 39 percent versus the previous year's figure. Due to the travel restrictions imposed in 2020, Argentina's main international airports registered only 630 thousand international inbound passengers in total.

Inflation Rate in Argentina decreased to 31.30 percent in October from 31.80 percent in September 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.

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.

Argentina Gross Domestic Product (GDP): Volume: 2021 Exchange Rates: USD data was reported at 521.109 USD bn in 2026. This records an increase from the previous number of 501.818 USD bn for 2025. Argentina Gross Domestic Product (GDP): Volume: 2021 Exchange Rates: USD data is updated yearly, averaging 451.970 USD bn from Dec 1993 (Median) to 2026, with 34 observations. The data reached an all-time high of 521.109 USD bn in 2026 and a record low of 313.942 USD bn in 2003. Argentina Gross Domestic Product (GDP): Volume: 2021 Exchange Rates: USD 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 by Expenditure: Volume: Forecast: Non OECD Member: Annual.

In 2024, the growth of the real gross domestic product (GDP) in Argentina stood at -1.34 percent. Between 1980 and 2024, the figure dropped by 2.04 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the growth will rise by 4.55 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.

Argentina GDP per Person Employed: 2021 PPP data was reported at 59,585.926 Intl $ in 2023. This records a decrease from the previous number of 62,416.582 Intl $ for 2022. Argentina GDP per Person Employed: 2021 PPP data is updated yearly, averaging 61,047.784 Intl $ from Dec 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 70,154.780 Intl $ in 2011 and a record low of 46,288.954 Intl $ in 1991. Argentina GDP per Person Employed: 2021 PPP 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: Employment and Unemployment. GDP per person employed is gross domestic product (GDP) divided by total employment in the economy. Purchasing power parity (PPP) GDP is GDP converted to 2021 constant international dollars using PPP rates. An international dollar has the same purchasing power over GDP that a U.S. dollar has in the United States.;World Bank, World Development Indicators database. Estimates are based on employment, population, GDP, and PPP data obtained from International Labour Organization, United Nations Population Division, Eurostat, OECD, and World Bank.;Weighted average;

Argentina: Financial markets development, access: The latest value from 2021 is 0.521 index points, a decline from 0.524 index points in 2020. In comparison, the world average is 0.361 index points, based on data from 114 countries. Historically, the average for Argentina from 1980 to 2021 is 0.512 index points. The minimum value, 0.245 index points, was reached in 1980 while the maximum of 0.994 index points was recorded in 2008.

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;

Argentina: Financial institutions development, access: The latest value from 2021 is 0.431 index points, an increase from 0.43 index points in 2020. In comparison, the world average is 0.363 index points, based on data from 175 countries. Historically, the average for Argentina from 1980 to 2021 is 0.199 index points. The minimum value, 0.058 index points, was reached in 1986 while the maximum of 0.431 index points was recorded in 2021.

Argentina: Financial markets development, efficiency: The latest value from 2021 is 0.093 index points, unchanged from 0.093 index points in 2020. In comparison, the world average is 0.325 index points, based on data from 93 countries. Historically, the average for Argentina from 1980 to 2021 is 0.295 index points. The minimum value, 0.041 index points, was reached in 2009 while the maximum of 1 index points was recorded in 1988.

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.

This scatter chart displays GDP (current US$) against unemployment (% of total labor force) in Argentina. The data is filtered where the date is 2021. The data is about countries per year.

Argentina: Public spending on education, percent of public spending: The latest value from 2022 is 12.71 percent, an increase from 12.28 percent in 2021. In comparison, the world average is 13.94 percent, based on data from 113 countries. Historically, the average for Argentina from 1996 to 2022 is 14.6 percent. The minimum value, 12.28 percent, was reached in 2021 while the maximum of 16.44 percent was recorded in 2002.

Argentina AR: GDP: Growth: Adjusted Net National Income per Capita data was reported at 12.191 % in 2021. This records an increase from the previous number of -8.282 % for 2020. Argentina AR: GDP: Growth: Adjusted Net National Income per Capita data is updated yearly, averaging 1.640 % from Dec 1971 (Median) to 2021, with 51 observations. The data reached an all-time high of 61.114 % in 1979 and a record low of -39.237 % in 1978. Argentina AR: GDP: Growth: Adjusted Net National Income per Capita 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. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;

Argentina: Electricity production from renewable sources, million kWh: The latest value from 2021 is 13880.96 million kWh, an increase from 8877.22 million kWh in 2020. In comparison, the world average is 18681.01 million kWh, based on data from 190 countries. Historically, the average for Argentina from 1990 to 2021 is -4697 million kWh. The minimum value, -8791.39 million kWh, was reached in 2001 while the maximum of 13880.96 million kWh was recorded in 2021.

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.

Argentina AR: GDP: Growth: Single Hit Scenario data was reported at 52.814 % in 2021. This records an increase from the previous number of 40.780 % for 2020. Argentina AR: GDP: Growth: Single Hit Scenario data is updated yearly, averaging 21.977 % from Dec 1994 (Median) to 2021, with 28 observations. The data reached an all-time high of 52.814 % in 2021 and a record low of -5.456 % in 2001. Argentina AR: GDP: Growth: 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. GDP_ANNPCT - Gross domestic product, nominal value, growthExpenditure approach. Percentage change compared to the previous period. Quarterly growth expressed at annual rate.

The economic activity of hotels and restaurants in Argentina grew by **** percent in December 2021 versus the same month of the previous year. The month with the highest variation in this hospitality indicator in that year was April, which in the previous year had dropped dramatically due to the coronavirus (COVID-19) pandemic.

Argentina AR: GDP: Growth: Volume: Imports of Goods and Services: Double Hit Scenario data was reported at 0.143 % in 2021. This records an increase from the previous number of -13.188 % for 2020. Argentina AR: GDP: Growth: Volume: Imports of Goods and Services: Double Hit Scenario data is updated yearly, averaging 5.268 % from Dec 1994 (Median) to 2021, with 28 observations. The data reached an all-time high of 40.122 % in 2004 and a record low of -50.060 % in 2002. Argentina AR: GDP: Growth: Volume: Imports of Goods and Services: Double 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. MGSV_ANNPCT - Imports of goods and services, volume, growth (national accounts basis). Percentage change compared to the previous period. Quarterly growth expressed at annual rate.