Argentina's economic activity rose 0.2% year-on-year in May 2026, following an upwardly revised 1.7% increase in April. Eight of the fifteen sectors surveyed posted annual growth. The strongest performances came from mining and quarrying, which expanded 15.7%, followed by utilities (8.0%). Agriculture, livestock, hunting, and forestry also increased 4.6% from a year earlier. Meanwhile, seven sectors contracted. The sharpest decline was recorded in fishing, down 29.3%, followed by manufacturing (-5.6%) and wholesale and retail trade and repair services (-4.3%). On a monthly basis, the Monthly Economic Activity Estimate fell 0.5% from April. source: Instituto Nacional de Estadística y Censos (INDEC)

Monthly GDP YoY in Argentina decreased to 0.20 percent in May from 1.60 percent in April of 2026. Monthly GDP YoY in Argentina averaged 2.22 percent from 2005 until 2026, reaching an all time high of 30.00 percent in April of 2021 and a record low of -24.40 percent in April of 2020. This page includes a chart with historical data for Argentina Economic Activity Index. Argentina Monthly Economic Activity Estimator YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.

Monthly GDP YoY in Argentina decreased to 0.20 percent in May from 1.60 percent in April of 2026. Monthly GDP YoY in Argentina is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Monthly Economic Activity Estimator YoY is projected to trend around 3.30 percent in 2027 and 2.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-29 07:00 PM
Economic Activity YoY
Abr 1.6% 6.2% 2.2% 3.1%
2026-07-22 07:00 PM
Economic Activity YoY
May 0.2% 1.6% 2.3% 2.3%
2026-08-20 07:00 PM
Economic Activity YoY
Jun 0.2% 0.1%


Related Last Previous Unit Reference
Full Year GDP Growth 4.40 -1.70 percent Dec 2025
GDP 683.10 638.37 USD Billion Dec 2025
GDP Growth Rate YoY 2.30 2.10 percent Mar 2026
GDP Constant Prices 557036.42 601190.27 ARS Million Mar 2026
GDP from Agriculture 21952.53 40157.73 ARS Million Mar 2026
GDP from Construction 21038.66 18848.76 ARS Million Mar 2026
GDP from Manufacturing 92415.20 112646.04 ARS Million Mar 2026
GDP from Mining 30720.98 30847.86 ARS Million Mar 2026
GDP from Public Administration 34866.03 34661.43 ARS Million Mar 2026
GDP from Services 85391.25 91703.15 ARS Million Mar 2026
GDP from Transport 52430.97 55498.29 ARS Million Mar 2026
GDP from Utilities 14400.44 12672.44 ARS Million Mar 2026
GDP Growth Rate 0.70 0.60 percent Mar 2026
GDP per Capita 13287.12 12774.35 USD Dec 2025
GDP per Capita PPP 27846.60 26771.97 USD Dec 2025
Gross Fixed Capital Formation 125135.00 135974.00 ARS Million Mar 2026
Economic Activity YoY 0.20 1.60 percent May 2026


Argentina Monthly Economic Activity Estimator YoY
In Argentina, the Monthly Economic Activity Estimator (EMAE) is a provisional indicator of the evolution of the GDP. Its calculation is structured in the aggregation of the added value at basic prices of each one of the economic activities plus the net taxes of subsidies to the products, using the weights of the national accounts.
Actual Previous Highest Lowest Dates Unit Frequency
0.20 1.60 30.00 -24.40 2005 - 2026 percent Monthly
2014=100, NSA

News Stream
Argentina Economic Activity Growth Slows
Argentina's economic activity rose 0.2% year-on-year in May 2026, following an upwardly revised 1.7% increase in April. Eight of the fifteen sectors surveyed posted annual growth. The strongest performances came from mining and quarrying, which expanded 15.7%, followed by utilities (8.0%). Agriculture, livestock, hunting, and forestry also increased 4.6% from a year earlier. Meanwhile, seven sectors contracted. The sharpest decline was recorded in fishing, down 29.3%, followed by manufacturing (-5.6%) and wholesale and retail trade and repair services (-4.3%). On a monthly basis, the Monthly Economic Activity Estimate fell 0.5% from April.
2026-07-22
Argentina Economic Activity Continues to Rise in April
Argentina’s economic activity increased 1.6% year-on-year in April 2026, following an upwardly revised 6.2% surge in March. Agriculture, livestock, hunting and forestry (up 10.9% year-on-year) was the largest positive contributor, followed by mining and quarrying, which increased 17.1%. In contrast, fishing contracted 28.4% and declines were also seen in manufacturing (-2.9%) and wholesale and retail trade and repair services (-3.2%). Compared to the previous month, the Monthly Economic Activity Estimate declined 1.5%.
2026-06-29
Argentina Economic Activity Growth Hits 9-Month High
Argentina’s economic activity rose 5.5% year-on-year in March 2026, accelerating from a 2.1% increase in February and marking the strongest growth since June 2025. Fourteen of the fifteen sectors surveyed posted annual gains during the month. The strongest expansions were recorded in fishing (30.9%) and agriculture, livestock, hunting and forestry (17.9%). Mining and quarrying also grew strongly, up 16.3%, while manufacturing activity increased 4.6%. In contrast, public administration and defense; compulsory social security plans (-1.2%) was the only sector to contract. On a monthly basis, the economic activity indicator advanced 3.5%.
2026-05-21