Economic activity in Argentina went up 13.6 percent from a year earlier in May of 2021, following a record 29.4 percent gain in April and compared with a consensus of a 16 percent expansion. The largest contribution came from hotels & restaurants (54.3 percent). On a monthly basis, activity dropped 0.2 percent, following a 0.1 percent decline in the prior month. source: Instituto Nacional de Estadística y Censos (INDEC)

Economic Activity Index in Argentina averaged 2.01 percent from 2005 until 2021, reaching an all time high of 29.40 percent in April of 2021 and a record low of -25.30 percent in April of 2020. This page provides - Argentina Economic Activity Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Economic Activity Index - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Economic Activity Index in Argentina is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Economic Activity Index in Argentina to stand at 2.20 in 12 months time. In the long-term, the Argentina Economic Activity Index is projected to trend around 2.50 percent in 2022 and 1.50 percent in 2023, according to our econometric models.

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Argentina Economic Activity Index

Actual Previous Highest Lowest Dates Unit Frequency
13.60 29.40 29.40 -25.30 2005 - 2021 percent Monthly
2014=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-22 07:00 PM Feb -2.6% -2.2% -2% -2.5%
2021-05-20 07:00 PM Mar 11.4% -2.1% 9.1% 10%
2021-06-29 07:00 PM Abr 28.3% 11.9% 30.5% 30%
2021-07-21 07:00 PM May 13.6% 29.4% 16% 18%
2021-08-20 07:00 PM Jun 13.6%
2021-09-28 07:00 PM Jul
2021-10-22 07:00 PM Aug
2021-11-24 07:00 PM Sep


News Stream
Argentina Economy Grows Less Than Expected
Economic activity in Argentina went up 13.6 percent from a year earlier in May of 2021, following a record 29.4 percent gain in April and compared with a consensus of a 16 percent expansion. The largest contribution came from hotels & restaurants (54.3 percent). On a monthly basis, activity dropped 0.2 percent, following a 0.1 percent decline in the prior month.
2021-07-21
Argentina Economic Activity Grows at Record Pace in April
Economic activity in Argentina jumped a record 28.3 percent from a year earlier in April of 2021, following a revised 11.9 percent gain in February and compared with a consensus of a 30.5 percent expansion. The largest contribution came from construction (221.5 percent) and hotels & restaurants (207.7 percent). On a monthly basis, activity was flat in April, following a 0.1 percent rise in the prior month.
2021-06-29
Argentina Economy Activity Beats Forecasts
Economic activity in Argentina jumped 11.4 percent from a year earlier in March of 2021, rebounding from a revised 2.1 percent decline in February and compared with a consensus of a 9.1 percent expansion. The largest contribution came from fishing (59.2 percent vs -16.1 percent in February), construction (44.1 percent vs 13 percent) and manufacturing activities (28.9 percent vs 1.9 percent). On a monthly basis, activity fell 0.2 percent in March, following a 0.9 percent drop in the prior month.
2021-05-20
Argentina Economic Activity Shrinks More than Expected
Economic activity in Argentina shrank 2.6 percent from a year earlier in February of 2021, following a revised 2.2 percent decline in January and compared with a consensus of a 2 percent drop. The activity was mainly dragged down by restaurant & lodging services (-38 percent); transportation & communication services (-15.6 percent) and fishing (-16.7 percent). On a monthly basis, activity dropped for the first time since June last year, down 1.0 percent in February after rising 1.9 percent in the prior month.
2021-04-22

Argentina Economic Activity Index
In Argentina, the Monthly Economic Activity Estimator (EMAE) is a provisional indicator of the evolution of the GDP. Its calculation is structured in the aggregation of the added value at basic prices of each one of the economic activities plus the net taxes of subsidies to the products, using the weights of the national accounts.