The Gross Domestic Product (GDP) in Argentina expanded 0.90 percent on quarter in the first quarter of 2022, slowing sharply from an upwardly revised 1.9 percent growth in the previous quarter. source: Instituto Nacional de Estadística y Censos (INDEC)

GDP Growth Rate in Argentina averaged 0.55 percent from 1993 until 2022, reaching an all time high of 11.88 percent in the third quarter of 2020 and a record low of -14.91 percent in the second quarter of 2020. This page provides - Argentina GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

GDP Growth Rate in Argentina is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina GDP Growth Rate is projected to trend around 0.50 percent in 2023, according to our econometric models.

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Argentina GDP Growth Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-03-23 07:00 PM Q4 1.5% 4% 1.1%
2022-06-23 07:00 PM Q1 0.9% 1.9% 0.3%
2022-09-20 07:00 PM Q2 0.9%

Related Last Previous Unit Reference
GDP Growth Rate 0.90 1.90 percent Mar 2022
GDP Annual Growth Rate 6.00 8.90 percent Mar 2022
GDP Constant Prices 691652.00 697670.00 ARS Million Mar 2022
Gross Fixed Capital Formation 146724.00 148131.00 ARS Million Mar 2022
Full Year GDP Growth 10.30 -9.90 percent Dec 2021
GDP From Utilities 12942.28 12277.92 ARS Million Mar 2022
GDP From Transport 53261.09 51653.33 ARS Million Mar 2022
GDP From Services 90190.06 93984.02 ARS Million Mar 2022
GDP From Public Administration 34914.50 34660.92 ARS Million Mar 2022
GDP From Mining 22656.31 22698.39 ARS Million Mar 2022
GDP From Manufacturing 108992.73 123185.50 ARS Million Mar 2022
GDP From Construction 22467.32 21123.99 ARS Million Mar 2022
GDP From Agriculture 39792.67 36918.42 ARS Million Mar 2022
Economic Activity Index 12.80 11.80 percent Aug 2021

Argentina GDP Growth Rate
Argentina is the third biggest economy in Latin America. Shipments of agricultural products have been the motor of Argentina´s growth in recent years. In addition, Argentina has been diversifying its industrial base and it has been experiencing a record growth in the automobile, textile and power sectors.
Actual Previous Highest Lowest Dates Unit Frequency
0.90 1.90 11.88 -14.91 1993 - 2022 percent Quarterly