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.

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.

The Gross Domestic Product (GDP) in Argentina expanded 1.40 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.

O crescimento do PIB anual na Argentina caiu para -1,70% em 2024, em comparação com -1,61% em 2023. Esta página inclui um gráfico com dados históricos para o Crescimento do PIB da Argentina no Ano Completo.

Economic growth, quarterly in Argentina, December, 2024 The most recent value is 1.4 percent as of Q4 2024, a decline compared to the previous value of 4.28 percent. Historically, the average for Argentina from Q2 1993 to Q4 2024 is 0.5 percent. The minimum of -13.91 percent was recorded in Q2 2020, while the maximum of 10.75 percent was reached in Q3 2020. | TheGlobalEconomy.com

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.

Argentina gdp growth rate for 2023 was -1.61%, a 6.88% decline from 2022.

<ul style='margin-top:20px;'>

<li>Argentina gdp growth rate for 2022 was <strong>5.27%</strong>, a <strong>5.17% decline</strong> from 2021.</li>
<li>Argentina gdp growth rate for 2021 was <strong>10.44%</strong>, a <strong>20.34% increase</strong> from 2020.</li>
<li>Argentina gdp growth rate for 2020 was <strong>-9.90%</strong>, a <strong>7.9% decline</strong> from 2019.</li>
</ul>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.

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.

Monthly GDP YoY in Argentina decreased to 5.60 percent in March from 6 percent in February of 2025. This dataset includes a chart with historical data for Argentina Economic Activity Index.

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;

Throughout 2023, the Argentinian retail sector suffered an overall decline in sales volume compared to the same periods of the previous year. March saw a 0.8 percent drop in sales of small and medium-sized retailers, whereas in September SME retail sales declined 5.1 percent. The biggest drops have been recorded in December 2023 and January 2024, with a decrease of 13.7 and 28.5 percent compared to the previous year. Although a larger drop occured in June 2024, the retail sales growth rate increased by 2.9 percent in October 2024. What do consumers in Argentina care about? In 2024, a survey revealed that inflation overwhelmingly stood out as the primary concern for Argentinians, with almost 60 percent of adult respondents identifying it as one of the key issues affecting the country. It far outranked other problems such as poverty, which was selected by just 28 percent of respondents. Food and non-alcoholic beverages were among the hardest-hit sectors, recording a year-on-year inflation rate of 133.5 percent in August 2023. Argentina’s economy Argentina is the eighth largest country in the world and boasts the third-largest economy in Latin America. The country’s gross domestic product (GDP) stood at around 620 billion U.S. dollars in 2023, and is forecasted to continuously increase between 2023 and 2028 by a total of 106.2 billion dollars. Argentina’s wholesale and retail trade industry is the second-largest contributor to the country’s GDP, adding 90 billion Argentinian pesos of gross value to the Argentinian GDP in 2022. It trailed behind the manufacturing industry, which was the largest contributor at nearly 109 billion pesos. That same year, the country recorded a positive trade balance of goods for the fourth consecutive year, with a trade surplus amounting to around 6.92 U.S. dollars.

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 economic growth for 2018 was $912.09, a 0.64% decline from 2018.

<ul style='margin-top:20px;'>

<li>Argentina economic growth for 2018 was <strong>$917.97</strong>, a <strong>0.06% decline</strong> from 2018.</li>
<li>Argentina economic growth for 2018 was <strong>$918.49</strong>, a <strong>3.82% decline</strong> from 2018.</li>
<li>Argentina economic growth for 2018 was <strong>$954.99</strong>, a <strong>0.34% increase</strong> from 2017.</li>
</ul>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.

Argentina: Economic growth forecast: The latest value from 2030 is 2.97 percent, a decline from 3.13 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Argentina from 1980 to 2030 is 1.95 percent. The minimum value, -10.89 percent, was reached in 2002 while the maximum of 10.5 percent was recorded in 1991.

Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. in Argentina was reported at 4.7 % in 2026, according to the World Bank collection of development indicators, compiled from officially recognized sources. Argentina - Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

The Gross Domestic Product per capita in Argentina was last recorded at 12933.25 US dollars in 2023. The GDP per Capita in Argentina is equivalent to 102 percent of the world's average. This dataset provides - Argentina GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Argentina: Economic growth: the rate of change of real GDP: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Argentina from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

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

GDP per capita growth (annual %) in Argentina was reported at --1.893 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Argentina - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

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.