Argentina’s economy grew 2.3% year-on-year in the first quarter of 2026, above forecasts of 1.7% and accelerating from a 2.1% increase in the previous quarter. The strongest sector gains came from fishing (27.5%), agriculture, livestock, hunting and forestry (18.1%), and mining and quarrying (12.3%). Other notable expansions were recorded in financial intermediation (7.5%), private households with domestic service (6.3%), and hotels and restaurants (2.8%), with the latter mainly supported by informal employment. In contrast, manufacturing contracted 1.7% and public administration declined 1.4%, marking the weakest performances. On the demand side, exports rose 9.8%, leading growth, while private consumption increased 2.7%, supported by stronger imports of final consumer goods and automobiles. On a quarter-on-quarter basis, the economy expanded 0.7%. source: Instituto Nacional de Estadística y Censos (INDEC)
The Gross Domestic Product (GDP) in Argentina expanded 2.30 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Argentina averaged 2.04 percent from 1994 until 2026, reaching an all time high of 18.70 percent in the second quarter of 2021 and a record low of -18.90 percent in the second quarter of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.
The Gross Domestic Product (GDP) in Argentina expanded 2.30 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Argentina is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina GDP Annual Growth Rate is projected to trend around 3.80 percent in 2027 and 3.50 percent in 2028, according to our econometric models.