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

The economy of Argentina expanded 4.2 percent year-on-year in the third quarter of 2017, slightly below consensus expectations of 4.3 percent but well above the upwardly revised 2.9 percent expansion for the second quarter. It was the fastest growth since the second quarter of 2013. Private consumption grew at a higher rate of 4.2 percent (vs 4.0 percent in Q2), whereas public consumption grew at a softer pace of 1.8 percent (vs 3.5 percent). Meantime, gross fixed capital formation expanded 13.9 percent after jumping 6.9 percent in the previous quarter. Exports climbed at a modest 2.1 percent and imports surged 18.7 percent. On a quarterly basis, GDP expanded by 0.9 percent after an upwardly 0.8 percent growth in the second quarter. GDP Annual Growth Rate in Argentina averaged 2.57 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 TEForecast
2017-06-21 07:00 PM GDP Growth Rate YoY 0.3% -1.9% 0.1% -0.2%
2017-09-21 07:00 PM GDP Growth Rate YoY 2.7% 0.3% 2.7% 2%
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 4.2% 4.90%
2018-06-19 07:00 PM GDP Growth Rate YoY 2.5%
2018-09-18 07:00 PM GDP Growth Rate YoY 2.7%


Argentina GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.90 0.80 5.00 -5.70 percent [+]
GDP Annual Growth Rate 4.20 2.90 16.20 -16.30 percent [+]
GDP 545.90 584.70 584.70 18.30 USD Billion [+]
GDP Constant Prices 719778.00 783221.00 790293.00 460369.00 ARS Million [+]
Gross Fixed Capital Formation 156046.00 152705.00 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 33783.00 106958.46 110363.12 27522.75 ARS Million [+]
GDP From Construction 23041.37 21263.26 23914.29 14555.30 ARS Million [+]
GDP From Manufacturing 123833.57 120926.37 138227.84 86448.02 ARS Million [+]
GDP From Mining 21644.17 20828.33 26258.14 20828.33 ARS Million [+]
GDP From Public Administration 32942.84 32889.79 32956.32 21071.47 ARS Million [+]
GDP From Services 96857.37 95786.40 102946.34 58565.32 ARS Million [+]
GDP From Transport 58633.64 61435.75 61435.75 28143.41 ARS Million [+]
GDP From Utilities 12581.01 12254.82 12819.70 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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.20 2.90 16.20 -16.30 1994 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
Turkey 11.10 Sep/17
China 6.80 Dec/17
India 6.30 Sep/17
Indonesia 5.19 Dec/17
Spain 3.10 Dec/17
Canada 3.00 Sep/17
South Korea 3.00 Dec/17
Germany 2.90 Dec/17
Netherlands 2.90 Dec/17
Australia 2.80 Sep/17
Euro Area 2.70 Dec/17
United States 2.50 Dec/17
France 2.40 Dec/17
Mexico 1.80 Dec/17
Russia 1.80 Sep/17
Italy 1.60 Dec/17
Japan 1.50 Dec/17
United Kingdom 1.50 Dec/17
Brazil 1.40 Sep/17
Switzerland 1.20 Sep/17


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