Argentina GDP Annual Growth Rate  1994-2018 | Data | Chart | Calendar

The economy of Argentina expanded 3.6 percent year-on-year in the first quarter of 2018, slightly above consensus expectations of 3.5 percent but below the 3.9 percent expansion for the previous quarter. It was the slowest growth in three quarters, mainly affected by a 1.4 percent drop (vs +2.0 percent in Q4) in public investment. Also, gross fixed capital jumped 18.3 percent after a 19.3 percent expansion in the previous quarter, while private consumption grew 4.1 percent following a 4.5 percent climb. In addition, trade weighed negatively on growth, as imports soared 16.5 percent (vs 22.8 percent) and exports increased 6.4 percent (vs 0.4 percent). On a quarterly basis, GDP expanded by 1.1 percent after a downwardly revised 1.0 percent growth in the fourth quarter. It was the fastest growth in four quarters. GDP Annual Growth Rate in Argentina averaged 2.61 percent from 1994 until 2018, reaching an all time high of 16.20 percent in the second quarter of 2010 and a record low of -16.30 percent in the first quarter of 2002.

Argentina GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-12-20 07:30 PM GDP Growth Rate YoY 4.2% 2.9% 4.3% 4.3%
2018-03-21 07:00 PM GDP Growth Rate YoY 3.9% 3.8% 3.6% 4.1%
2018-06-19 07:00 PM GDP Growth Rate YoY 3.6% 3.9% 3.5% 3.4%
2018-09-19 11:00 PM GDP Growth Rate YoY 3.6% -4.2% 1.4%
2018-12-18 07:00 PM GDP Growth Rate YoY -1.7%


Argentina GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.10 1.00 5.00 -5.70 percent [+]
GDP Annual Growth Rate 3.60 3.90 16.20 -16.30 percent [+]
GDP 637.59 554.90 637.59 16.60 USD Billion [+]
GDP Constant Prices 708474.00 723158.00 791236.00 460369.00 ARS Million [+]
Gross Fixed Capital Formation 154687.00 159894.00 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 36742.24 33377.79 110971.40 27522.75 ARS Million [+]
GDP From Construction 23374.70 22478.85 23914.29 14555.30 ARS Million [+]
GDP From Manufacturing 113617.11 129253.50 138227.84 86448.02 ARS Million [+]
GDP From Mining 21084.47 21652.52 26258.14 20573.98 ARS Million [+]
GDP From Public Administration 33079.67 33569.37 33569.37 21071.47 ARS Million [+]
GDP From Services 93812.72 98154.37 102946.34 58565.32 ARS Million [+]
GDP From Transport 58306.66 58532.51 61431.98 28143.41 ARS Million [+]
GDP From Utilities 12851.85 12065.91 12884.00 8556.64 ARS Million [+]


Argentina GDP Annual Growth Rate

Argentina is the third largest economy in Latin America. The services sector is the most important and accounts for 64 percent of total GDP. The biggest segments within Services are: wholesale and retail trade and repairs (14 percent of total GDP); transport, warehousing and communications (12.2 percent); real estate (12 percent); education, health and social services (7.2 percent) and financial intermediation (7 percent). Industry constitutes 25 percent of the GDP and the largest segments within this sector are: manufacturing (16 percent of total GDP); construction (5 percent) and electricity, water and gas distribution (3 percent). The government fuels 7 percent of the GDP and the agriculture and fishing sector accounts for the remaining 4 percent of GDP. This page provides the latest reported value for - Argentina GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Argentina GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.60 3.90 16.20 -16.30 1994 - 2018 percent Quarterly




GDP annual growth rate by Country
Country Last
India 8.20 Jun/18
China 6.70 Jun/18
Indonesia 5.27 Jun/18
Turkey 5.20 Jun/18
Singapore 3.90 Jun/18
Argentina 3.60 Mar/18
Australia 3.40 Jun/18
Switzerland 3.40 Jun/18
Netherlands 2.90 Jun/18
United States 2.90 Jun/18
South Korea 2.80 Jun/18
Spain 2.70 Jun/18
Mexico 2.60 Jun/18
Euro Area 2.10 Jun/18
Germany 2.00 Jun/18
Canada 1.90 Jun/18
Russia 1.90 Jun/18
France 1.70 Jun/18
United Kingdom 1.30 Jun/18
Italy 1.20 Jun/18
Saudi Arabia 1.15 Mar/18
Brazil 1.00 Jun/18
Japan 1.00 Jun/18
South Africa 0.40 Jun/18


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