Argentina GDP Annual Growth Rate  1994-2017 | Data | Chart | Calendar

The economy of Argentina expanded 0.3 percent year-on-year in the first quarter of 2017, following a downwardly revised 1.9 percent decline in the previous period and better than market expectations of 0.1 percent growth. Investment rebounded 3.0 percent after shrinking 5.9 percent in Q4, while private spending expanded 0.9 percent (vs -2.4 percent) and public spending grew 1.0 percent (vs -2.0 percent). Contrastingly, exports declined by 1.8 percent after growing 7.7 percent in the preceding quarter. Imports rose at a faster 4.3 percent (3.5 percent in Q4). On a quarterly basis, the economy expanded by 1.1 percent compared to an upwardly revised 0.7 percent growth in final quarter of 2016. GDP Annual Growth Rate in Argentina averaged 2.55 percent from 1994 until 2017, 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 Forecast (i)
2016-12-22 07:00 PM Q3 -3.8% -3.7% -3.7% -0.4%
2017-03-21 07:00 PM Q4 -2.1% -3.7% -2% -2%
2017-06-21 07:00 PM Q1 0.3% -1.9% 0.1% -0.2%
2017-09-22 08:20 PM Q2 0.3% 2%
2017-12-22 07:00 PM Q3 2.3%




Argentina GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.06 0.70 5.19 -5.70 percent [+]
GDP Annual Growth Rate 0.30 -1.90 16.20 -16.30 percent [+]
GDP 584.70 526.30 584.70 18.30 USD Billion [+]
GDP Constant Prices 677346.00 691512.00 790293.00 460369.00 ARS Million [+]
Gross Fixed Capital Formation 129173.00 132825.00 164572.00 71794.00 ARS Million [+]
GDP per capita 10501.66 10334.78 10780.34 5290.76 USD [+]
GDP per capita PPP 19101.70 18798.20 19629.90 10815.70 USD [+]
GDP From Agriculture 34186.27 32681.21 110363.12 27522.75 ARS Million [+]
GDP From Construction 21275.77 19561.56 23914.29 14555.30 ARS Million [+]
GDP From Manufacturing 110016.08 123875.54 138227.84 86448.02 ARS Million [+]
GDP From Mining 21080.74 21641.10 26258.14 21080.74 ARS Million [+]
GDP From Public Administration 32913.00 32751.79 32913.00 21071.47 ARS Million [+]
GDP From Services 86197.79 93940.43 102946.34 58565.32 ARS Million [+]
GDP From Transport 57561.46 57557.76 59123.40 28143.41 ARS Million [+]
GDP From Utilities 12817.56 12041.17 12819.70 8556.64 ARS Million [+]


Argentina GDP Annual Growth Rate Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.30 -1.90 16.20 -16.30 1994 - 2017 percent Quarterly



gdp annual growth rate by Country

Last
China 6.90 Mar/17
India 6.10 Mar/17
Indonesia 5.01 Mar/17
Turkey 5.00 Mar/17
Netherlands 3.40 Mar/17
Spain 3.00 Mar/17
South Korea 2.90 Mar/17
Mexico 2.80 Mar/17
Canada 2.30 Mar/17
United Kingdom 2.00 Mar/17
United States 2.00 Mar/17
Euro Area 1.90 Mar/17
Australia 1.70 Mar/17
Germany 1.70 Mar/17
Japan 1.30 Mar/17
Italy 1.20 Mar/17
Switzerland 1.10 Mar/17
France 1.00 Mar/17
Russia 0.50 Mar/17
Brazil -0.40 Mar/17