The Gross Domestic Product (GDP) in Argentina contracted 1.50 percent in the fourth quarter of 2022 over the previous quarter. source: Instituto Nacional de Estadística y Censos (INDEC)

GDP Growth Rate in Argentina averaged 0.55 percent from 1993 until 2022, reaching an all time high of 11.91 percent in the third quarter of 2020 and a record low of -14.85 percent in the second quarter of 2020. This page provides - Argentina GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

GDP Growth Rate in Argentina is expected to be -1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina GDP Growth Rate is projected to trend around 1.00 percent in 2024, according to our econometric models.

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Argentina GDP Growth Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-12-15 07:00 PM Q3 1.7% 1.0% -1.1%
2023-03-22 07:00 PM Q4 -1.5% 1.4% 1%
2023-06-22 07:00 PM Q1 -1.1%

Related Last Previous Unit Reference
GDP Growth Rate -1.50 1.70 percent Dec 2022
GDP Annual Growth Rate 1.90 5.90 percent Dec 2022
GDP Constant Prices 712062.00 727465.00 ARS Million Dec 2022
Gross Fixed Capital Formation 148228.00 160817.00 ARS Million Dec 2022
Full Year GDP Growth 5.20 10.30 percent Dec 2022
GDP from Utilities 12869.27 12869.92 ARS Million Dec 2022
GDP from Transport 53470.91 54420.68 ARS Million Dec 2022
GDP from Services 96556.82 98781.26 ARS Million Dec 2022
GDP from Public Administration 35196.40 35049.47 ARS Million Dec 2022
GDP from Mining 25223.86 24822.56 ARS Million Dec 2022
GDP from Manufacturing 124577.80 127870.19 ARS Million Dec 2022
GDP from Construction 21643.95 22706.98 ARS Million Dec 2022
GDP from Agriculture 33103.12 84918.01 ARS Million Dec 2022
Economic Activity Index 12.80 11.80 percent Aug 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
-1.50 1.70 11.91 -14.85 1993 - 2022 percent Quarterly