Argentina GDP Annual Growth Rate  1994-2016 | Data | Chart | Calendar

The GDP in Argentina expanded 2.3 percent year-on-year in the second quarter of 2015, slightly better than an upwardly revised 2.1 percent increase in the previous period. It is the highest growth rate since the third quarter of 2013, boosted by a 10.3 percent surge in public spending. Private consumption increased 0.7 percent only while gross fixed capital formation went up 4.6 percent, mainly driven by a 10.7 percent rise in construction and a 0.8 percent increase in research and development. Exports edged down 0.2 percent while imports went up 2.8 percent. GDP Annual Growth Rate in Argentina averaged 3.32 percent from 1994 until 2015, reaching an all time high of 12.50 percent in the second quarter of 2010 and a record low of -16.30 percent in the first quarter of 2002. GDP Annual Growth Rate in Argentina is reported by the Instituto Nacional de Estadística y Censos (INDEC).

Argentina GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
2.30 2.10 12.50 -16.30 1994 - 2015 percent Quarterly
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 February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-03-20 07:00 PM Q4 0.4% 0%(R) 0.3% 0.2%
2015-06-26 08:00 PM Q1 1.1% 0.4% 1.2% 0.3%
2015-09-18 08:00 PM Q2 2.3% 2.1% 1%
2016-02-25 07:00 PM Q3 2.3% 1.9%
2016-03-21 07:00 PM Q4 2.94%
2016-06-27 07:00 PM Q1 2.44%

Argentina GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 0.70 4.80 -5.70 percent [+]
GDP Annual Growth Rate 2.30 2.10 12.50 -16.30 percent [+]
GDP 537.60 614.38 614.38 18.27 USD Billion [+]
GDP Constant Prices 913640.00 838960.00 913640.00 500792.00 ARS Million [+]
Gross Fixed Capital Formation 178358.00 165709.00 204644.00 81950.00 ARS Million [+]
GDP per capita 7955.56 7986.58 7986.58 3522.39 USD [+]
GDP per capita PPP 17554.12 15909.99 17554.12 7462.31 USD [+]
GDP From Agriculture 73310.10 31584.29 74059.65 26094.01 ARS Million [+]
GDP From Construction 38688.72 35937.24 38842.39 20649.98 ARS Million [+]
GDP From Manufacturing 171002.08 160127.38 183303.35 96893.36 ARS Million [+]
GDP From Mining 28055.06 26148.08 29407.50 22787.81 ARS Million [+]
GDP From Public Administration 32576.95 32823.33 32960.30 21165.86 ARS Million [+]
GDP From Services 124938.59 125556.34 133289.87 63897.78 ARS Million [+]
GDP From Transport 66032.92 65908.33 70697.56 33182.78 ARS Million [+]
GDP From Utilities 12164.84 12473.87 12473.87 8487.36 ARS Million [+]




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