Argentina GDP Growth Rate  1993-2016 | Data | Chart | Calendar | Forecast

The economy of Argentina shrank 2.1 percent on quarter in the three months to June of 2016, following a downwardly revised 0.5 percent decrease in the previous period. It is the third consecutive quarter of contraction. GDP Growth Rate in Argentina averaged 0.64 percent from 1993 until 2016, reaching an all time high of 5.10 percent in the third quarter of 2004 and a record low of -5.70 percent in the fourth quarter of 2001. GDP Growth Rate in Argentina is reported by the Instituto Nacional de Estadística y Censos (INDEC).

Argentina GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-2.10 -0.50 5.10 -5.70 1993 - 2016 percent Quarterly
Argentina is the third biggest economy in Latin America. After the 2001 crisis, Argentina returned to high growth rates, expanding on average 1.7 percent from 2003 to 2012 on a quarter over quarter basis. Yet, in 2009 and in 2012, the country was affected by global slowdown and the economy grew much below average. Argentina has abundant natural resources, a well-educated population and an export-oriented agricultural sector. Indeed, 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. Moreover, in 2011 Argentina became the world´s 5th biggest producer of wine. This page provides - Argentina GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-09-18 08:00 PM Q2 0.5% 0.7% 0.2%
2016-06-29 07:45 PM Q1 -0.7% -0.4% -0.3%
2016-09-22 08:20 PM Q2 -2.1% -0.5% -0.4%
2016-12-22 07:00 PM Q3 -2.1% -0.2%

Argentina GDP Last Previous Highest Lowest Unit
GDP Growth Rate -2.10 -0.50 5.10 -5.70 percent [+]
GDP Annual Growth Rate -3.40 0.40 16.20 -16.30 percent [+]
GDP 548.06 623.93 623.93 18.27 USD Billion [+]
GDP Constant Prices 762231.00 673923.00 789146.00 460369.00 ARS Million [+]
Gross Fixed Capital Formation 140375.00 123792.00 164572.00 71794.00 ARS Million [+]
GDP per capita 12128.28 12198.89 12198.89 5524.24 USD [+]
GDP per capita PPP 17554.12 15909.99 17554.12 7462.31 USD [+]
GDP From Agriculture 101448.72 33310.70 110152.56 27522.75 ARS Million [+]
GDP From Construction 20567.97 20597.99 23914.29 14555.30 ARS Million [+]
GDP From Manufacturing 117404.03 110624.40 138227.84 86448.02 ARS Million [+]
GDP From Mining 22366.55 22267.31 26258.14 21980.59 ARS Million [+]
GDP From Public Administration 32752.17 32757.49 32757.49 21071.47 ARS Million [+]
GDP From Services 94224.77 86443.17 102946.34 58565.32 ARS Million [+]
GDP From Transport 58412.82 55231.60 58412.82 28143.41 ARS Million [+]
GDP From Utilities 12528.03 12729.94 12729.94 8556.64 ARS Million [+]




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