Gross national expenditure (% of GDP) in Argentina

The Gross national expenditure (% of GDP) in Argentina was last reported at 96.69 in 2010, according to a World Bank report released in 2011. The Gross national expenditure (% of GDP) in Argentina was 94.65 in 2009, according to a World Bank report, published in 2010. The Gross national expenditure (% of GDP) in Argentina was reported at 96.18 in 2008, according to the World Bank. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).This page includes a historical data chart, news and forecasts for Gross national expenditure (% of GDP) in Argentina. Argentina is the third largest national economy in Latin America. Argentina has abundant natural resources, a well-educated population, an export-oriented agricultural sector and a relatively diversified industrial base. Domestic instability and global trends, however, contributed to Argentina's decline from its noteworthy position as the world's 10th wealthiest nation per capita in 1913 to the world's 47th wealthiest in 2008.

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