Argentina GDP Growth Rate

The GDP in Argentina contracted 4 percent on quarter in the second quarter of 2018, following a downwardly revised 0.7 percent growth in Q1. It is the largest contraction since the last quarter of 2008. GDP Growth Rate in Argentina averaged 0.61 percent from 1993 until 2018, reaching an all time high of 5 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 -1.00 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 -1.10 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.

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Calendar	GMT		Actual	Previous	TEForecast
2017-12-20	07:30 PM	GDP Growth Rate QoQ	0.9%	0.8%	1.8%
2018-03-21	07:00 PM	GDP Growth Rate QoQ	1.0%	0.8%	0.70%
2018-06-19	07:00 PM	GDP Growth Rate QoQ	1.1%	1.0%	0.7%
2018-09-19	08:00 PM	GDP Growth Rate QoQ	-4.0%	0.7%	-2.2%
2018-12-18	07:00 PM	GDP Growth Rate QoQ		-4.0%	-1.0%
2019-03-21	07:00 PM	GDP Growth Rate QoQ			-1.20%
2019-06-19	07:00 PM	GDP Growth Rate QoQ			-1%

Argentina GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	-4.00	0.70	5.00	-5.70	percent	[+]
GDP Annual Growth Rate	-4.20	3.90	16.20	-16.30	percent	[+]
GDP	637.59	554.90	637.59	16.60	USD Billion	[+]
GDP Constant Prices	752791.00	710170.00	791236.00	460369.00	ARS Million	[+]
Gross Fixed Capital Formation	152509.00	151316.00	164572.00	71794.00	ARS Million	[+]
GDP per capita	10398.09	10206.25	10780.02	5290.77	USD	[+]
GDP per capita PPP	18933.91	18584.58	19629.35	10815.72	USD	[+]
GDP From Agriculture	72515.85	37177.40	110971.40	27522.75	ARS Million	[+]
GDP From Construction	22625.17	23588.77	23914.29	14555.30	ARS Million	[+]
GDP From Manufacturing	122173.79	113894.82	138227.84	86448.02	ARS Million	[+]
GDP From Mining	21492.29	21095.14	26258.14	20573.98	ARS Million	[+]
GDP From Public Administration	32911.98	33196.43	33569.37	21071.47	ARS Million	[+]
GDP From Services	94549.65	93684.11	102946.34	58565.32	ARS Million	[+]
GDP From Transport	59099.23	58217.92	61431.98	28143.41	ARS Million	[+]
GDP From Utilities	12688.83	12867.95	12884.00	8556.64	ARS Million	[+]

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 December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-4.00	0.70	5.00	-5.70	1993 - 2018	percent	Quarterly

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Country	Last		Previous	Range
United States	3.50	Sep/18	4.2	16.7 : -10	%
Indonesia	3.09	Sep/18	4.21	4.21 : -3.57	%
Singapore	3.00	Sep/18	1.2	36.6 : -13.5	%
South Africa	2.20	Sep/18	-0.4	7.6 : -6.1	%
India	1.90	Jun/18	2	5.4 : -1.7	%
China	1.60	Sep/18	1.7	2.4 : 1.4	%
Russia	0.90	Jun/18	0.4	4.1 : -5.4	%
Brazil	0.80	Sep/18	0.2	3.9 : -3.9	%
Mexico	0.80	Sep/18	-0.1	3.2 : -5.7	%
South Korea	0.60	Sep/18	0.6	7.8 : -7	%
Spain	0.60	Sep/18	0.6	1.6 : -1.6	%
United Kingdom	0.60	Sep/18	0.4	5 : -2.7	%
Canada	0.50	Sep/18	0.7	3.1 : -2.3	%
France	0.40	Sep/18	0.2	8 : -5.3	%
Australia	0.30	Sep/18	0.9	4.4 : -2	%
Euro Area	0.20	Sep/18	0.4	1.3 : -3	%
Netherlands	0.20	Sep/18	0.7	1.7 : -3.6	%
Saudi Arabia	-0.05	Mar/18	0.05	8.5 : -2.1	%
Italy	-0.10	Sep/18	0.2	6 : -2.8	%
Germany	-0.20	Sep/18	0.5	4 : -4.5	%
Switzerland	-0.20	Sep/18	0.7	2.4 : -1.9	%
Japan	-0.60	Sep/18	0.7	3.2 : -4.8	%
Turkey	-1.10	Sep/18	0.6	5.6 : -5.2	%
Argentina	-4.00	Jun/18	0.7	5 : -5.7	%