Argentina's main stock market index, the Merval, rose to 3060289 points on December 1, 2025, gaining 1.12% from the previous session. Over the past month, the index has declined 1.42%, though it remains 33.32% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from Argentina. Argentina Stock Market (MERVAL) - values, historical data, forecasts and news - updated on December of 2025.

Key information about Argentina S&P MERVAL

• Argentina S&P MERVAL closed at 2,205,800.5 points in Feb 2025, compared with 2,564,659.0 points at the previous month end
• Argentina Equity Market Index: Month End: BCBA: S&P MERVAL data is updated monthly, available from Jun 1986 to Feb 2025, with an average number of 1,375.4 points
• The data reached an all-time high of 2,564,659.0 points in Jan 2025 and a record low of 0.0 points in Nov 1986

Buenos Aires Stock Exchange provides daily data on several major stock market indices, but the Merval index is the one most closely monitored by analysts

The Buenos Aires' stock exchange index, known as MERVAL, saw a sharp decrease since the outbreak of the coronavirus pandemic. On March 18, 2020 the MERVAL stock market index reached its lowest value in the year, at around ****** Argentine pesos. Argentina was the first country to report a confirmed death due to COVID-19 in Latin America. 2023 onwards, the index surged significantly, reaching nearly *** million Argentine pesos on April 15, 2024.

Actual value and historical data chart for Argentina Stock Market Return Percent Year On Year

Argentina: Stock market return, percent: The latest value from 2021 is 54.64 percent, an increase from 22.83 percent in 2020. In comparison, the world average is 32.21 percent, based on data from 87 countries. Historically, the average for Argentina from 1989 to 2021 is 265.75 percent. The minimum value, -30.31 percent, was reached in 1993 while the maximum of 6539.98 percent was recorded in 1989.

Monthly and long-term Argentina Stock Market data: historical series and analyst forecasts curated by FocusEconomics.

Graph and download economic data for Stock Market Total Value Traded to GDP for Argentina (DDDM02ARA156NWDB) from 1975 to 2020 about market cap, Argentina, stock market, trade, and GDP.

Argentina Index: BCBA: Merval: US Dollars data was reported at 2,085.063 30Jun1986=0.01 in Nov 2025. This records an increase from the previous number of 2,077.929 30Jun1986=0.01 for Oct 2025. Argentina Index: BCBA: Merval: US Dollars data is updated monthly, averaging 711.752 30Jun1986=0.01 from Dec 1990 (Median) to Nov 2025, with 420 observations. The data reached an all-time high of 2,453.251 30Jun1986=0.01 in Dec 2024 and a record low of 88.208 30Jun1986=0.01 in May 2002. Argentina Index: BCBA: Merval: US Dollars data remains active status in CEIC and is reported by Buenos Aires Stock Exchange. The data is categorized under Global Database’s Argentina – Table AR.Z: Buenos Aires Stock Exchange: Index.

Actual value and historical data chart for Argentina Stock Market Total Value Traded To GDP Percent

Argentina: Stock market capitalization, billion USD: The latest value from 2022 is 52.95 billion U.S. dollars, an increase from 41.75 billion U.S. dollars in 2021. In comparison, the world average is 1225.97 billion U.S. dollars, based on data from 75 countries. Historically, the average for Argentina from 1977 to 2022 is 32.61 billion U.S. dollars. The minimum value, 0.83 billion U.S. dollars, was reached in 1977 while the maximum of 108.74 billion U.S. dollars was recorded in 2017.

Actual value and historical data chart for Argentina Stock Market Capitalization To GDP Percent

Key information about Argentina Market Capitalization

• Argentina Market Capitalization accounted for 103.135 USD bn in Feb 2021, compared with a percentage of 106.887 USD bn in the previous month
• Argentina Market Capitalization is updated monthly, available from Jan 1984 to Feb 2021
• The data reached an all-time high of 891.303 USD bn in Nov 2016 and a record low of 496.717 USD mn in May 1985

CEIC converts monthly Market Capitalization into USD. Buenos Aires Stock Exchange provides Market Capitalization in local currency. The Central Bank of Argentina period end market exchange rate is used for currency conversions. Market Capitalization covers Buenos Aires Stock Exchange only.

Historical dataset of the Argentina Stock Market Index (S&P MERVAL), covering values from 1991-06-01 to 2025-11-28, with the latest releases and long-term trends. Available for free download in CSV format.

Graph and download economic data for Stock Market Turnover Ratio (Value Traded/Capitalization) for Argentina (DDEM01ARA156NWDB) from 1977 to 2019 about Argentina, ratio, and stock market.

As of October 2024, MercadoLibre, a firm that operates online marketplaces, was the largest Argentinian public company, with a market capitalization of over *** billion U.S. dollars. Celulosa Argentina, one of the leading companies in forest industy sector, was the second largest public company, with a market cap of ***** billion U.S. dollars.

Argentina: Stock market value traded, percent of GDP: The latest value from 2023 is 0.18 percent, a decline from 1.26 percent in 2022. In comparison, the world average is 45.16 percent, based on data from 35 countries. Historically, the average for Argentina from 1975 to 2023 is 3.37 percent. The minimum value, 0.13 percent, was reached in 1987 while the maximum of 43.83 percent was recorded in 1994.

Actual value and historical data chart for Argentina Stock Market Turnover Ratio Percent

Stock market index of Argentina soared by 15.86% from 77,533.9 index in 2025M9 to 89,827.0 index in 2025M10. Since the 7.02% drop in 2025M6, stock market index improved by 0.10% in 2025M10.

Argentina: Stock market turnover ratio: The latest value from 2022 is 15.03 percent, an increase from 6.27 percent in 2021. In comparison, the world average is 33.38 percent, based on data from 74 countries. Historically, the average for Argentina from 1977 to 2022 is 31.53 percent. The minimum value, 3.3 percent, was reached in 2009 while the maximum of 306.04 percent was recorded in 1994.

Argentina Trading Value: BCBA: USD data was reported at 43,059.540 ARS mn in Feb 2021. This records a decrease from the previous number of 46,908.676 ARS mn for Jan 2021. Argentina Trading Value: BCBA: USD data is updated monthly, averaging 4,810.153 ARS mn from Jan 2000 (Median) to Feb 2021, with 254 observations. The data reached an all-time high of 46,908.676 ARS mn in Jan 2021 and a record low of 926.363 ARS mn in Feb 2002. Argentina Trading Value: BCBA: USD data remains active status in CEIC and is reported by Buenos Aires Stock Exchange. The data is categorized under Global Database’s Argentina – Table AR.Z003: Buenos Aires Stock Exchange: Trading Value (Discontinued).