Argentina’s GDP contracted 1.4 percent on quarter in the three months to June 2021 following an upwardly revised 2.8 percent expansion in the previous period. source: Instituto Nacional de Estadística y Censos (INDEC)

GDP Growth Rate in Argentina averaged 0.50 percent from 1993 until 2021, reaching an all time high of 12.90 percent in the third quarter of 2020 and a record low of -15.50 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 September of 2021.

GDP Growth Rate in Argentina is expected to be 2.50 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 1.30 percent in 2022 and 1.00 percent in 2023, according to our econometric models.

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Argentina GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
-1.40 2.80 12.90 -15.50 1993 - 2021 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2020-12-16 07:00 PM Q3 12.8% -16.2% 6.5%
2021-03-23 07:00 PM Q4 4.5% 13.1% 2.6%
2021-06-23 07:00 PM Q1 2.6% 4.4% 1.5%
2021-09-21 07:00 PM Q2 -1.4% 2.8% 1.3%
2021-12-17 07:00 PM Q3 -1.4%
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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.