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

The economy of Argentina shrank 2.1 percent year-on-year in the fourth quarter of 2016, following a downwardly revised 3.7 percent decline in the previous period and worse than market expectations of a 2.0 percent contraction. Slower contraction was reported for: investment (-7.7 percent vs -8.2 percent in Q3) and private spending (-2.1 percent vs -2.9 percent) while government spending declined by 2.0 percent (+0.9 percent in Q3). Meanwhile, exports rebounded 7.7 percent (-1.8 percent in Q3) and imports grew by 2.1 percent (-0.7 percent in Q3). On a quarterly basis, the economy expanded by 0.5 percent compared to 0.1 percent growth in Q3. Considering full 2016, the GDP shrank 2.3 percent, following a 2.6 percent expansion in 2015. GDP Annual Growth Rate in Argentina averaged 2.57 percent from 1994 until 2016, 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 Reference Actual Previous Consensus Forecast (i)
2016-09-22 08:20 PM Q2 -3.4% 0.4% -2.6% -0.7%
2016-12-22 07:00 PM Q3 -3.8% -3.7% -3.7% -0.4%
2017-03-21 07:00 PM Q4 -2.1% -3.7% -2% -2%
2017-06-21 07:45 PM Q1 -2.1% -0.3%
2017-09-22 08:20 PM Q2 2%
2017-12-22 07:00 PM Q3 2.3%




Argentina GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 0.10 5.10 -5.70 percent [+]
GDP Annual Growth Rate -2.10 -3.70 16.20 -16.30 percent [+]
GDP 584.70 526.30 584.70 18.30 USD Billion [+]
GDP Constant Prices 689989.00 689712.00 790293.00 460369.00 ARS Million [+]
Gross Fixed Capital Formation 130346.00 136804.00 164572.00 71794.00 ARS Million [+]
GDP per capita 10501.66 10334.78 10780.34 5290.76 USD [+]
GDP per capita PPP 19101.70 18798.20 19629.90 10815.70 USD [+]
GDP From Agriculture 33005.11 32414.27 110363.12 27522.75 ARS Million [+]
GDP From Construction 19356.06 20407.58 23914.29 14555.30 ARS Million [+]
GDP From Manufacturing 123432.15 119261.72 138227.84 86448.02 ARS Million [+]
GDP From Mining 21638.69 22386.74 26258.14 21638.69 ARS Million [+]
GDP From Public Administration 32784.96 32745.78 32784.96 21071.47 ARS Million [+]
GDP From Services 93178.44 93774.35 102946.34 58565.32 ARS Million [+]
GDP From Transport 57365.15 57063.23 59123.40 28143.41 ARS Million [+]
GDP From Utilities 12042.83 12827.49 12827.49 8556.64 ARS Million [+]


Argentina GDP Annual Growth Rate Notes

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 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-2.10 -3.70 16.20 -16.30 1994 - 2016 percent Quarterly



gdp annual growth rate by Country

Last
India 7.00 Dec/16
China 6.90 Mar/17
Indonesia 5.01 Mar/17
Turkey 3.50 Dec/16
Netherlands 3.40 Mar/17
Spain 3.00 Mar/17
Mexico 2.80 Mar/17
South Korea 2.70 Mar/17
Australia 2.40 Dec/16
United Kingdom 2.10 Mar/17
United States 2.00 Dec/16
Canada 1.90 Dec/16
Euro Area 1.70 Mar/17
Germany 1.70 Mar/17
Japan 1.60 Mar/17
France 0.80 Mar/17
Italy 0.80 Mar/17
Switzerland 0.60 Dec/16
Russia 0.50 Mar/17
Brazil -2.50 Dec/16