Full Year GDP Growth in Argentina decreased to -1.55 percent in 2023 from 4.96 percent in 2022. Full Year GDP Growth in Argentina averaged 2.22 percent from 2005 until 2023, reaching an all time high of 10.44 percent in 2021 and a record low of -9.90 percent in 2020. source: Instituto Nacional de Estadística y Censos (INDEC)

Full Year GDP Growth in Argentina is expected to reach -3.40 percent by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Full Year GDP Growth is projected to trend around 5.10 percent in 2025 and 4.80 percent in 2026, according to our econometric models.




Calendar GMT Reference Actual Previous Consensus TEForecast
2023-03-22 07:00 PM
Full Year GDP Growth
2022 5.2% 10.3% 5.8%
2024-03-20 07:00 PM
Full Year GDP Growth
2023 -1.6% 5.2% -3%
2025-03-19 07:00 PM
Full Year GDP Growth
2025 -3.4%


Related Last Previous Unit Reference
Economic Activity Index -3.80 -0.90 percent Aug 2024
Full Year GDP Growth -1.61 5.27 percent Dec 2023
GDP 640.59 631.13 USD Billion Dec 2023
GDP Growth Rate YoY -1.70 -5.10 percent Jun 2024
GDP Constant Prices 721127.00 668673.00 ARS Million Jun 2024
GDP from Agriculture 83227.00 39512.00 ARS Million Jun 2024
GDP from Construction 17365.00 18513.00 ARS Million Jun 2024
GDP from Manufacturing 101771.00 96337.00 ARS Million Jun 2024
GDP from Mining 27548.90 26607.60 ARS Million Jun 2024
GDP from Public Administration 35288.00 35736.00 ARS Million Jun 2024
GDP from Services 81255.00 78352.00 ARS Million Jun 2024
GDP from Transport 56470.00 52622.00 ARS Million Jun 2024
GDP from Utilities 12874.00 13468.19 ARS Million Jun 2024
GDP Growth Rate -1.70 -2.57 percent Jun 2024
GDP per Capita 12625.47 12940.74 USD Dec 2023
GDP per Capita PPP 26466.55 27127.44 USD Dec 2023
Gross Fixed Capital Formation 112373.00 108786.00 ARS Million Jun 2024
Economic Activity YoY -3.30 -3.70 percent Sep 2024

Argentina Full Year GDP Growth
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.
Actual Previous Highest Lowest Dates Unit Frequency
-1.61 5.27 10.44 -9.90 2005 - 2023 percent Yearly
NSA