Argentina GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Argentina contracted 0.20 percent in the first quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in Argentina averaged 3.45 Percent from 1994 until 2014, reaching an all time high of 12.10 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).
||1994 - 2014
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 - Argentina GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.