Argentina GDP Annual Growth Rate 1994-2017 | Data | Chart | Calendar

The economy of Argentina expanded 2.7 percent year-on-year in the second quarter of 2017, following an upwardly revised 0.4 percent growth in the previous period and matching expectations. It was the highest growth rate since the third quarter of 2015. Both private and public consumption grew at faster rates in 2Q, climbing 3.8 percent and 2.9 percent (vs 0.9 percent and 1.4 percent), respectively. Exports contracted 1.2 percent, matching the preceding period. In contrast, imports rose by 9.1 percent (vs 4.8 percent). Gross fixed capital formation expanded 7.7 percent (vs 3.2 percent). On a quarterly basis, GDP grew by 0.7 percent compared to an upwardly revised 1.2 percent growth in the Q1. GDP Annual Growth Rate in Argentina averaged 2.55 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
2017-03-21 07:00 PM GDP Growth Rate YoY -2.1% -3.7% -2% -2%
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 07:00 PM GDP Growth Rate YoY 2.7% 4.3% 4.3%
2018-03-21 07:00 PM GDP Growth Rate YoY
2018-06-19 07:00 PM GDP Growth Rate YoY


Argentina GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 1.20 5.19 -5.70 percent [+]
GDP Annual Growth Rate 2.70 0.40 16.20 -16.30 percent [+]
GDP 545.90 584.70 584.70 18.30 USD Billion [+]
GDP Constant Prices 781780.00 677346.00 790293.00 460369.00 ARS Million [+]
Gross Fixed Capital Formation 152705.00 129173.00 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 106364.68 34186.27 110363.12 27522.75 ARS Million [+]
GDP From Construction 21231.01 21275.77 23914.29 14555.30 ARS Million [+]
GDP From Manufacturing 120537.98 110016.08 138227.84 86448.02 ARS Million [+]
GDP From Mining 20827.23 21080.74 26258.14 20827.23 ARS Million [+]
GDP From Public Administration 33052.97 32913.00 33052.97 21071.47 ARS Million [+]
GDP From Services 95446.93 86197.79 102946.34 58565.32 ARS Million [+]
GDP From Transport 61495.51 57561.46 61495.51 28143.41 ARS Million [+]
GDP From Utilities 12268.42 12817.56 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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.70 0.40 16.20 -16.30 1994 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
Turkey 11.10 Sep/17
China 6.80 Sep/17
India 6.30 Sep/17
Indonesia 5.06 Sep/17
South Korea 3.80 Sep/17
Spain 3.10 Sep/17
Canada 3.00 Sep/17
Netherlands 3.00 Sep/17
Australia 2.80 Sep/17
Germany 2.80 Sep/17
Euro Area 2.60 Sep/17
United States 2.30 Sep/17
France 2.20 Sep/17
Japan 2.10 Sep/17
Russia 1.80 Sep/17
Italy 1.70 Sep/17
Mexico 1.50 Sep/17
United Kingdom 1.50 Sep/17
Brazil 1.40 Sep/17
Switzerland 1.20 Sep/17