The Gross Domestic Product (GDP) in Argentina contracted 5.80 percent in the first quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Argentina averaged 2.31 percent from 1994 until 2019, reaching an all time high of 16.20 percent in the second quarter of 2010 and a record low of -16.30 percent in the first quarter of 2002.

GDP Annual Growth Rate in Argentina is expected to be -2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Argentina to stand at 0.60 in 12 months time. In the long-term, the Argentina GDP Annual Growth Rate is projected to trend around 2.50 percent in 2020, according to our econometric models.

Argentina GDP Annual Growth Rate
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-09-19 08:00 PM GDP Growth Rate YoY Q2 -4.2% 3.9% -4.2% -5.3%
2018-12-18 07:00 PM GDP Growth Rate YoY Q3 -3.5% -4.0% -3.5% -4.5%
2019-03-21 07:00 PM GDP Growth Rate YoY Q4 -6.2% -3.7% -6.4% -3.3%
2019-06-19 07:00 PM GDP Growth Rate YoY Q1 -5.8% -6.1% -5.7% -5.7%
2019-09-19 07:00 PM GDP Growth Rate YoY Q2 -5.8% -2.8%
2019-12-18 07:00 PM GDP Growth Rate YoY Q3 -1.4%


Argentina GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.20 -1.30 5.00 -5.70 percent [+]
GDP Annual Growth Rate -5.80 -6.20 16.20 -16.30 percent [+]
GDP 518.50 642.70 642.70 18.30 USD Billion [+]
GDP Constant Prices 666751.00 679263.00 791236.00 460369.00 ARS Million [+]
Gross Fixed Capital Formation 112858.00 120426.00 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 2.60 -1.30 18.80 -13.70 percent [+]
GDP From Agriculture 39914.28 35455.93 110971.40 27522.75 ARS Million [+]
GDP From Construction 22012.20 20476.78 23914.29 14555.30 ARS Million [+]
GDP From Manufacturing 99191.28 113389.56 138227.84 86448.02 ARS Million [+]
GDP From Mining 20849.88 21165.19 26258.14 20576.13 ARS Million [+]
GDP From Public Administration 33277.70 33145.25 33451.08 21071.47 ARS Million [+]
GDP From Services 81358.93 84744.67 102946.34 58565.32 ARS Million [+]
GDP From Transport 55968.54 55373.31 61027.37 28143.41 ARS Million [+]
GDP From Utilities 12201.53 11740.91 12868.77 8556.64 ARS Million [+]


Argentina GDP Annual Growth Rate

Argentina is the third largest economy in Latin America. The services sector is the most important and accounts for 64 percent of total GDP. The biggest segments within Services are: wholesale and retail trade and repairs (14 percent of total GDP); transport, warehousing and communications (12.2 percent); real estate (12 percent); education, health and social services (7.2 percent) and financial intermediation (7 percent). Industry constitutes 25 percent of the GDP and the largest segments within this sector are: manufacturing (16 percent of total GDP); construction (5 percent) and electricity, water and gas distribution (3 percent). The government fuels 7 percent of the GDP and the agriculture and fishing sector accounts for the remaining 4 percent of GDP. This page 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. Argentina GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-5.80 -6.20 16.20 -16.30 1994 - 2019 percent Quarterly




Country Last Previous
China 6.20 Jun/19
India 5.80 Mar/19
Indonesia 5.05 Jun/19
Spain 2.30 Jun/19
United States 2.30 Jun/19
South Korea 2.10 Jun/19
Netherlands 2.00 Jun/19
Australia 1.80 Mar/19
Saudi Arabia 1.70 Mar/19
Switzerland 1.70 Mar/19
Canada 1.30 Mar/19
France 1.30 Jun/19
Japan 1.20 Jun/19
United Kingdom 1.20 Jun/19
Euro Area 1.10 Jun/19
Russia 0.90 Jun/19
Brazil 0.50 Mar/19
Germany 0.40 Jun/19
Singapore 0.10 Jun/19
Italy 0.00 Jun/19
South Africa 0.00 Mar/19
Mexico -0.70 Jun/19
Turkey -2.60 Mar/19
Argentina -5.80 Mar/19


Related

Latest