Argentina GDP Annual Growth Rate 1994-2018 | Data | Chart | Calendar

The economy of Argentina expanded 3.9 percent year-on-year in the fourth quarter of 2017, above consensus expectations of 3.6 percent and the downwardly revised 3.8 percent expansion for the third quarter. It was the fastest growth in ten quarters, mainly nudged by a 20.7 percent surge in gross fixed capital and a 4.8 percent jump in private consumption. Meantime, public consumption climbed a modest 1.4 percent, whereas trade weighed negatively on growth, as imports soared 21.7 percent and exports edged up 0.4 percent. On a quarterly basis, GDP expanded by 1.0 percent after a downwardly revised 0.8 percent growth in the third quarter. GDP Annual Growth Rate in Argentina averaged 2.60 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
2017-09-21 07:00 PM GDP Growth Rate YoY 2.7% 0.3% 2.7% 2%
2017-12-20 07:30 PM GDP Growth Rate YoY 4.2% 2.9% 4.3% 4.3%
2018-03-21 07:00 PM GDP Growth Rate YoY 3.9% 3.8% 3.6% 4.1%
2018-06-19 07:00 PM GDP Growth Rate YoY 3.9% 3.1%
2018-09-18 07:00 PM GDP Growth Rate YoY 2.7%
2018-12-18 07:00 PM GDP Growth Rate YoY 2.5%


Argentina GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.00 0.80 5.00 -5.70 percent [+]
GDP Annual Growth Rate 3.90 3.80 16.20 -16.30 percent [+]
GDP 545.90 584.70 584.70 18.30 USD Billion [+]
GDP Constant Prices 723427.00 721179.00 791236.00 460369.00 ARS Million [+]
Gross Fixed Capital Formation 161782.00 156219.00 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 33917.68 32853.74 110971.40 27522.75 ARS Million [+]
GDP From Construction 22594.36 23101.02 23914.29 14555.30 ARS Million [+]
GDP From Manufacturing 128028.85 125880.30 138227.84 86448.02 ARS Million [+]
GDP From Mining 21687.97 21389.10 26258.14 20573.98 ARS Million [+]
GDP From Public Administration 33308.92 33106.43 33308.92 21071.47 ARS Million [+]
GDP From Services 99198.13 96218.52 102946.34 58565.32 ARS Million [+]
GDP From Transport 58414.07 59372.03 61431.98 28143.41 ARS Million [+]
GDP From Utilities 12063.43 12602.74 12884.00 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.90 3.80 16.20 -16.30 1994 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
Turkey 7.30 Dec/17
India 7.20 Dec/17
China 6.80 Mar/18
Indonesia 5.19 Dec/17
Canada 2.90 Dec/17
Germany 2.90 Dec/17
Netherlands 2.90 Dec/17
Spain 2.90 Mar/18
United States 2.90 Mar/18
South Korea 2.80 Mar/18
Euro Area 2.70 Dec/17
Australia 2.40 Dec/17
Brazil 2.10 Dec/17
France 2.10 Mar/18
Japan 2.00 Dec/17
Switzerland 1.90 Dec/17
Italy 1.60 Dec/17
Mexico 1.20 Mar/18
United Kingdom 1.20 Mar/18
Russia 0.90 Dec/17


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