The Gross Domestic Product (GDP) in Argentina contracted 0.30 percent in the second quarter of 2019 over the previous quarter. GDP Growth Rate in Argentina averaged 0.55 percent from 1993 until 2019, reaching an all time high of 5.10 percent in the third quarter of 2004 and a record low of -5.70 percent in the fourth quarter of 2001.

GDP Growth Rate in Argentina is expected to be -0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Argentina to stand at 0.50 in 12 months time. In the long-term, the Argentina GDP Growth Rate is projected to trend around 1.00 percent in 2020, according to our econometric models.

Argentina GDP Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-18 07:00 PM GDP Growth Rate QoQ Q3 -0.7% -4.1% -1.0%
2019-03-21 07:00 PM GDP Growth Rate QoQ Q4 -1.2% -0.5% -0.4%
2019-06-19 07:00 PM GDP Growth Rate QoQ Q1 -0.2% -1.3% -0.8%
2019-09-19 07:00 PM GDP Growth Rate QoQ Q2 -0.3% 0.0% -0.1%
2019-12-18 07:00 PM GDP Growth Rate QoQ Q3 -0.3% 0.4%


Argentina GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.30 0.00 5.10 -5.70 percent [+]
GDP Annual Growth Rate 0.60 -5.80 16.20 -16.30 percent [+]
GDP 518.50 642.70 642.70 18.30 USD Billion [+]
GDP Constant Prices 751809.00 666285.00 791236.00 460369.00 ARS Million [+]
Gross Fixed Capital Formation 123758.00 112980.00 164572.00 71794.00 ARS Million [+]
GDP per capita 10040.13 10404.26 10883.32 5323.49 USD [+]
GDP per capita PPP 18282.09 18945.14 19817.45 11372.82 USD [+]
Economic Activity Index 0.60 0.40 18.80 -13.70 percent [+]
GDP From Agriculture 103620.43 40089.05 110971.40 27522.75 ARS Million [+]
GDP From Construction 21317.84 22140.71 23914.29 14555.30 ARS Million [+]
GDP From Manufacturing 111614.35 99092.88 138227.84 86448.02 ARS Million [+]
GDP From Mining 21757.89 20884.53 26258.14 20576.13 ARS Million [+]
GDP From Public Administration 33205.03 33191.78 33451.08 21071.47 ARS Million [+]
GDP From Services 84365.52 81216.42 102946.34 58565.32 ARS Million [+]
GDP From Transport 59145.30 55773.69 61027.37 28143.41 ARS Million [+]
GDP From Utilities 11836.80 12207.12 12868.77 8556.64 ARS Million [+]


Argentina GDP Growth Rate

Argentina is the third biggest economy in Latin America. Shipments of agricultural products have been the motor of Argentina´s growth in recent years. In addition, Argentina has been diversifying its industrial base and it has been experiencing a record growth in the automobile, textile and power sectors. This page provides - Argentina GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.30 0.00 5.10 -5.70 1993 - 2019 percent Quarterly




Country Last Previous
Indonesia 4.20 Jun/19
South Africa 3.10 Jun/19
United States 2.00 Jun/19
China 1.50 Sep/19
Turkey 1.20 Jun/19
India 1.00 Jun/19
South Korea 1.00 Jun/19
Canada 0.90 Jun/19
Singapore 0.60 Sep/19
Australia 0.50 Jun/19
Brazil 0.40 Jun/19
Netherlands 0.40 Jun/19
Spain 0.40 Jun/19
France 0.30 Jun/19
Japan 0.30 Jun/19
Switzerland 0.30 Jun/19
Euro Area 0.20 Jun/19
Russia 0.20 Jun/19
Italy 0.00 Jun/19
Mexico 0.00 Jun/19
Germany -0.10 Jun/19
United Kingdom -0.20 Jun/19
Argentina -0.30 Jun/19
Saudi Arabia -1.30 Mar/19


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