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

The economy of Argentina advanced 0.49 percent year-on-year in the first quarter of 2016, slowing from an upwardly revised 2.2 percent expansion in the previous period. Figures came much better than market expectations of a 0.9 percent contraction. Exports jumped 13.08 percent, recovering from a 3.4 percent fall in the previous quarter and import growth slowed (12.22 percent compared to 14.6 percent in the previous period). Consumer (1.08 percent compared to 7.98 percent in the previous period) and public spending (2.68 percent compared to 5.62 percent in the previous period) grew at a slower pace and gross fixed capital formation fell 3.8 percent, following a 12 percent rise in the previous period. On a quarterly basis, the economy shrank 0.7 percent after a 0.4 percent drop in Q4, marking the third straight quarter of contraction. For the whole 2015 the GDP grew an upwardly revised 2.4 percent. GDP Annual Growth Rate in Argentina averaged 2.76 percent from 1994 until 2016, reaching an all time high of 16.58 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
0.49 2.18 16.58 -16.30 1994 - 2016 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 July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-30 07:00 PM Q3 3.5% 3.9% 1.9%
2016-03-30 07:00 PM Q4 0.9% 3.5% -0.6% 0.6%
2016-06-29 07:45 PM Q1 0.49% 2.2% -0.85% -0.7%
2016-09-19 07:00 PM Q2 0.5% -0.7%
2016-12-22 07:00 PM Q3 -0.4%

Argentina GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.70 -0.40 5.10 -5.70 percent [+]
GDP Annual Growth Rate 0.49 2.18 16.58 -16.30 percent [+]
GDP 548.06 623.93 623.93 18.27 USD Billion [+]
GDP Constant Prices 674081.00 703247.00 791107.00 458549.00 ARS Million [+]
Gross Fixed Capital Formation 120357.00 133923.00 161974.00 71422.00 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 33810.09 31206.41 74059.65 26094.01 ARS Million [+]
GDP From Construction 20990.71 21665.44 38842.39 20649.98 ARS Million [+]
GDP From Manufacturing 109113.61 130315.49 183303.35 96893.36 ARS Million [+]
GDP From Mining 22230.68 23147.51 29407.50 22230.68 ARS Million [+]
GDP From Public Administration 32343.64 32537.22 32960.30 21165.86 ARS Million [+]
GDP From Services 86660.77 94276.01 133289.87 63897.78 ARS Million [+]
GDP From Transport 54868.70 55007.02 70697.56 33182.78 ARS Million [+]
GDP From Utilities 12695.97 12210.14 12695.97 8487.36 ARS Million [+]




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