Argentina’s economy grew 2.0% year-on-year in the second quarter of 2026, slowing from a 2.3% increase in the previous quarter, but beating forecasts of a 1.6% expansion. The strongest sector gains came from fishing (44.7%), mining and quarrying (16.4%), and agriculture, livestock, hunting and forestry (6.9%). Other notable expansions were recorded in electricity, gas and water (5.0%), financial intermediation (4.8%), and hotels and restaurants (1.6%). In contrast, manufacturing contracted 2.1%, while public administration and defense declined 1.4%, marking the weakest performances. On the demand side, exports rose 13.7% year-on-year, leading growth, while private consumption increased 0.4% and public consumption fell 4.1%. Gross fixed capital formation contracted 11.1%, while imports of goods and services fell 8.6%. On a quarter-on-quarter basis, the economy contracted 0.6% in seasonally adjusted terms. source: Instituto Nacional de Estadística y Censos (INDEC)
The Gross Domestic Product (GDP) in Argentina expanded 2 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Argentina averaged 2.04 percent from 1994 until 2026, reaching an all time high of 18.70 percent in the second quarter of 2021 and a record low of -18.90 percent in the second quarter of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.
The Gross Domestic Product (GDP) in Argentina expanded 2 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Argentina is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina GDP Annual Growth Rate is projected to trend around 3.80 percent in 2027 and 3.50 percent in 2028, according to our econometric models.