Argentina GDP Growth Rate  1993-2017 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Argentina expanded 0.70 percent in the second quarter of 2017 over the previous quarter. GDP Growth Rate in Argentina averaged 0.64 percent from 1993 until 2017, reaching an all time high of 5.19 percent in the third quarter of 2004 and a record low of -5.70 percent in the fourth quarter of 2001.

Argentina GDP Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-03-21 07:00 PM GDP Growth Rate QoQ 0.5% 0.1% 0.1%
2017-06-21 07:00 PM GDP Growth Rate QoQ 1.1% 0.7% 0.8%
2017-09-21 07:00 PM GDP Growth Rate QoQ 0.7% 1.2% 0.9%
2017-12-20 07:00 PM GDP Growth Rate QoQ 1.1%


Argentina GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 1.20 5.19 -5.70 percent [+]
GDP Annual Growth Rate 2.70 0.40 16.20 -16.30 percent [+]
GDP 545.90 584.70 584.70 18.30 USD Billion [+]
GDP Constant Prices 781780.00 677346.00 790293.00 460369.00 ARS Million [+]
Gross Fixed Capital Formation 152705.00 129173.00 164572.00 71794.00 ARS Million [+]
GDP per capita 10148.50 10490.00 10780.00 5290.76 USD [+]
GDP per capita PPP 18479.40 19101.30 19629.40 10815.70 USD [+]
GDP From Agriculture 106364.68 34186.27 110363.12 27522.75 ARS Million [+]
GDP From Construction 21231.01 21275.77 23914.29 14555.30 ARS Million [+]
GDP From Manufacturing 120537.98 110016.08 138227.84 86448.02 ARS Million [+]
GDP From Mining 20827.23 21080.74 26258.14 20827.23 ARS Million [+]
GDP From Public Administration 33052.97 32913.00 33052.97 21071.47 ARS Million [+]
GDP From Services 95446.93 86197.79 102946.34 58565.32 ARS Million [+]
GDP From Transport 61495.51 57561.46 61495.51 28143.41 ARS Million [+]
GDP From Utilities 12268.42 12817.56 12819.70 8556.64 ARS Million [+]


Argentina GDP Growth Rate

Argentina is the third biggest economy in Latin America. After the 2001 crisis, Argentina returned to high growth rates, expanding on average 1.7 percent from 2003 to 2012 on a quarter over quarter basis. Yet, in 2009 and in 2012, the country was affected by global slowdown and the economy grew much below average. Argentina has abundant natural resources, a well-educated population and an export-oriented agricultural sector. Indeed, 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. Moreover, in 2011 Argentina became the world´s 5th biggest producer of wine. 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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.70 1.20 5.19 -5.70 1993 - 2017 percent Quarterly




gdp growth rate by Country

Last
Indonesia 4.00 Jun/17
United States 3.00 Jun/17
Turkey 2.10 Jun/17
China 1.70 Jun/17
India 1.50 Mar/17
Netherlands 1.50 Jun/17
Canada 1.10 Jun/17
Spain 0.90 Jun/17
Australia 0.80 Jun/17
Euro Area 0.60 Jun/17
Germany 0.60 Jun/17
Japan 0.60 Jun/17
Mexico 0.60 Jun/17
South Korea 0.60 Jun/17
France 0.50 Jun/17
Italy 0.40 Jun/17
Switzerland 0.30 Jun/17
United Kingdom 0.30 Jun/17
Brazil 0.20 Jun/17
Russia -0.57 Sep/15