Argentina GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Argentina contracted 5.80 percent in the first quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Argentina averaged 2.31 percent from 1994 until 2019, 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.

GDP Annual Growth Rate in Argentina is expected to be -2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Argentina to stand at -1.70 in 12 months time. In the long-term, the Argentina GDP Annual Growth Rate is projected to trend around 0.50 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-09-19	08:00 PM	GDP Growth Rate YoY Q2	-4.2%	3.9%	-4.2%	-5.3%
2018-12-18	07:00 PM	GDP Growth Rate YoY Q3	-3.5%	-4.0%	-3.5%	-4.5%
2019-03-21	07:00 PM	GDP Growth Rate YoY Q4	-6.2%	-3.7%	-6.4%	-3.3%
2019-06-19	07:00 PM	GDP Growth Rate YoY Q1	-5.8%	-6.1%	-5.7%	-5.7%
2019-09-19	07:00 PM	GDP Growth Rate YoY Q2		-5.8%	-5.7%	0.2%
2019-12-18	07:00 PM	GDP Growth Rate YoY Q3				-2.4%

Argentina GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	-0.20	-1.30	5.00	-5.70	percent	[+]
GDP Annual Growth Rate	-5.80	-6.20	16.20	-16.30	percent	[+]
GDP	518.50	642.70	642.70	18.30	USD Billion	[+]
GDP Constant Prices	666751.00	679263.00	791236.00	460369.00	ARS Million	[+]
Gross Fixed Capital Formation	112858.00	120426.00	164572.00	71794.00	ARS Million	[+]
GDP per capita	10040.13	10404.26	10883.32	5323.49	USD	[+]
GDP per capita PPP	18282.09	18945.14	19817.45	11372.82	USD	[+]
Economic Activity Index	0.00	2.40	18.80	-13.70	percent	[+]
GDP From Agriculture	39914.28	35455.93	110971.40	27522.75	ARS Million	[+]
GDP From Construction	22012.20	20476.78	23914.29	14555.30	ARS Million	[+]
GDP From Manufacturing	99191.28	113389.56	138227.84	86448.02	ARS Million	[+]
GDP From Mining	20849.88	21165.19	26258.14	20576.13	ARS Million	[+]
GDP From Public Administration	33277.70	33145.25	33451.08	21071.47	ARS Million	[+]
GDP From Services	81358.93	84744.67	102946.34	58565.32	ARS Million	[+]
GDP From Transport	55968.54	55373.31	61027.37	28143.41	ARS Million	[+]
GDP From Utilities	12201.53	11740.91	12868.77	8556.64	ARS Million	[+]

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 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-5.80	-6.20	16.20	-16.30	1994 - 2019	percent	Quarterly

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Country	Last		Previous	Range
China	6.20	Jun/19	6.4	15.4 : 3.8	%
Indonesia	5.05	Jun/19	5.07	7.16 : 1.56	%
India	5.00	Jun/19	5.8	11.4 : -5.2	%
Spain	2.30	Jun/19	2.4	5.6 : -4.3	%
United States	2.30	Jun/19	2.7	13.4 : -3.9	%
Netherlands	2.00	Jun/19	1.7	6.1 : -4.6	%
South Korea	2.00	Jun/19	1.7	20.8 : -7.3	%
Saudi Arabia	1.70	Mar/19	3.6	24.2 : -20.7	%
Canada	1.60	Jun/19	1.4	9.3 : -4.1	%
Australia	1.40	Jun/19	1.7	9 : -3.4	%
France	1.40	Jun/19	1.3	12.6 : -3.8	%
Euro Area	1.20	Jun/19	1.3	5 : -5.5	%
United Kingdom	1.20	Jun/19	1.8	9.7 : -6.1	%
Brazil	1.00	Jun/19	0.5	10.1 : -5.5	%
Japan	1.00	Jun/19	1	9.4 : -8.8	%
Russia	0.90	Jun/19	0.5	12.1 : -11.2	%
South Africa	0.90	Jun/19	0	7.1 : -2.6	%
Germany	0.40	Jun/19	0.9	7.2 : -6.9	%
Switzerland	0.20	Jun/19	1	5.8 : -3.7	%
Singapore	0.10	Jun/19	1.1	18.6 : -7.7	%
Italy	-0.10	Jun/19	-0.1	10.3 : -7.2	%
Mexico	-0.80	Jun/19	1.2	9 : -9.1	%
Turkey	-1.50	Jun/19	-2.4	11.7 : -14.4	%
Argentina	-5.80	Mar/19	-6.2	16.2 : -16.3	%