Trading Economics

Argentina Current Account to GDP

Instituto Nacional de Estadista — Tue, 22 May 2012 13:43:00 GMT

The Current Account in Argentina was last reported at 0.1 percent of GDP. From 1980 until 2010, Argentina's average Current Account as percent of GDP was -0.68 percent reaching an historical high of 8.50 percent in December of 2002 and a record low of -4.80 percent in December of 1998. Usually, when Argentina records a strong current account, its Gross Domestic Product expands boosted by exports revenues. Also, Argentina's exchange rate appreciates as investors begin to expect higher interest rates going forward. However, when Argentina reports a stronger than expected current account to GDP, it may also lead to economic overheating and a general rise in prices, also known as inflation, which will make Argentina's products less competitive when sold abroad. This page includes a chart with historical data for Argentina's Current Account as a percent of GDP.

Argentina Government Debt To GDP

International Monetary Fund — Tue, 22 May 2012 13:28:00 GMT

The Government Debt in Argentina was last reported at 44.2 percent of the country´s GDP. From 1997 until 2010, Argentina's average Government Debt to GDP was 74.35 percent reaching an historical high of 172.30 percent in December of 2002 and a record low of 34.50 percent in December of 1997. Generally, Government debt as a percent of GDP is used by investors to measure Argentina's ability to make future payments on its debt, thus affecting Argentina's borrowing costs and government bond yields. This page includes a chart with historical data for Argentina's General Government Gross Debt as a percent of GDP.

Argentina Government Budget

Ministry of the Economy, Government of Argentina — Tue, 22 May 2012 13:26:00 GMT

Argentina reported a government budget surplus equivalent to 0.2 percent of the Gross Domestic Product (GDP) in 2011. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes: Argentina Government Budget chart, historical data and news.

Argentina Unemployment Rate

Instituto Nacional de Estadista — Sat, 19 May 2012 11:38:00 GMT

The unemployment rate in Argentina was last reported at 7.1 percent in the first quarter of 2012. From 2002 until 2010, Argentina's Unemployment Rate averaged 11.32 percent reaching an historical high of 20.80 percent in December of 2002 and a record low of 7.30 percent in December of 2008. The labour force is defined as the number of people employed plus the number unemployed but seeking work. The nonlabour force includes those who are not looking for work, those who are institutionalised and those serving in the military. This page includes: Argentina Unemployment Rate chart, historical data and news.

Argentina Inflation Rate

Instituto Nacional de Estadista — Sat, 12 May 2012 18:10:00 GMT

The inflation rate in Argentina was last reported at 9.8 percent in April of 2012. From 1944 until 2010, the average inflation rate in Argentina was 215.46 percent reaching an historical high of 20262.80 percent in March of 1990 and a record low of -7.00 percent in February of 1954. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes: Argentina Inflation Rate chart, historical data and news.

Argentina Consumer Confidence

Universidad Torcuato di Tella — Wed, 25 Apr 2012 21:27:00 GMT

In Argentina, consumer confidence declined to 43.8 in April of 2012 from 50.2 in March of 2012. In Argentina, the consumer confidence survey conducted by the Center for Financial Research at Torcuato Di Tella University measures the level of optimism that consumers have about the performance of the economy. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend. This page includes: Argentina Consumer Confidence chart, historical data and news.

Argentina Balance of Trade

INDEC — Tue, 24 Apr 2012 11:47:00 GMT

Argentina reported a trade surplus equivalent to 1077 Million USD in March of 2012. Growth in foreign trade, especially trade with MERCOSUR partners, has been one of the main factors driving the Argentine economy. Argentine exports are mainly of the agricultural type: soybean products, cereals, beef; motor vehicles and parts, chemicals and medicine. Argentina is a major importer of industrial and computing machinery and parts, industrial supplies, automobiles and other consumer durables and refined fuels and lubricants. Its main trading partners are: Brazil, Chile, European Union and The United States. This page includes: Argentina Balance of Trade chart, historical data and news.

Argentina Imports

INDEC — Tue, 24 Apr 2012 11:46:00 GMT

Argentina imports were worth 5199 Million USD in March of 2012. Growth in foreign trade, especially trade with MERCOSUR partners, has been one of the main factors driving the Argentinean economy. Argentina is a major importer of industrial and computing machinery and parts, industrial supplies, automobiles and other consumer durables, refined fuels and lubricants. Main import partners are Brazil, European Union, United States and China. This page includes: Argentina Imports chart, historical data and news.

Argentina Exports

INDEC — Tue, 24 Apr 2012 11:45:00 GMT

Argentina exports were worth 6276 Million USD in March of 2012. Growth in foreign trade, especially trade with MERCOSUR partners, has been one of the main factors driving the Argentine economy. Argentine exports are mainly of the agricultural type, mostly processed goods (54% of the total). The main exports are: soybean products, cereals, beef, motor vehicles and parts, chemicals and medicine. Argentine’s largest exports markets are Brazil, European Union, China, United Sates and Chile. This page includes: Argentina Exports chart, historical data and news.

Argentina Industrial Production

Instituto Nacional de Estadista — Sat, 21 Apr 2012 12:23:00 GMT

Industrial Production in Argentina expanded 2.1 percent in March of 2012. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. From 1995 until 2010, Argentina's industrial production averaged 3.13 percent reaching an historical high of 24.60 percent in March of 2003 and a record low of -22.30 percent in March of 2002. This page includes: Argentina Industrial Production chart, historical data and news.

Argentina Annual Retail Sales

INDEC — Fri, 30 Mar 2012 17:29:00 GMT

Retail Sales in Argentina increased 13.4 percent in January of 2012 over the previous year. From 1983 until 2011, Argentina's average Retail Sales was 6.15 percent reaching an historical high of 31.90 percent in June of 2000 and a record low of -6.10 percent in June of 2001. This page includes a chart with historical data for Argentina's Retail Sales.

Argentina Retail Sales

INDEC — Fri, 30 Mar 2012 17:28:00 GMT

Retail Sales in Argentina declined 1.6 percent in January of 2012 over the previous month. From 2008 until 2011, Argentina's average Retail Sales was 1.58 percent reaching an historical high of 14.10 percent in August of 2009 and a record low of -12.70 percent in July of 2009. This page includes a chart with historical data for Argentina's Retail Sales.

Argentina Interest Rate

Central Bank of Argentina — Fri, 30 Mar 2012 17:20:00 GMT

The benchmark interest rate in Argentina was last reported at 9 percent. In Argentina, interest rate decisions are taken by The Central Bank of Argentina (Banco Central de la República Argentina, BCRA). From 1995 until 2010, Argentina's average interest rate was 9.77 percent reaching an historical high of 125.00 percent in August of 2002 and a record low of 0.95 percent in April of 2004. This page includes: Argentina Interest Rate chart, historical data and news.

Argentina Current Account

Instituto Nacional de Estadista — Fri, 30 Mar 2012 16:53:00 GMT

Argentina reported a current account deficit equivalent to 356 Million USD in the fourth quarter of 2011. Growth in foreign trade, especially trade with MERCOSUR partners, has been one of the main factors driving the Argentine economy. Argentine exports are mainly of the agricultural type: soybean products, cereals, beef; motor vehicles and parts, chemicals and medicine. Argentina is a major importer of industrial and computing machinery and parts, industrial supplies, automobiles and other consumer durables and refined fuels and lubricants. Its main trading partners are: Brazil, Chile, European Union and The United States. This page includes: Argentina Current Account chart, historical data and news.

Argentina GDP Growth Rate

Instituto Nacional de Estadista — Wed, 28 Mar 2012 16:48:00 GMT

The Gross Domestic Product (GDP) in Argentina expanded 0.8 percent in the fourth quarter of 2011 over the previous quarter. Historically, from 1993 until 2011, Argentina's average quarterly GDP Growth was 0.96 percent reaching an historical high of 3.70 percent in March of 2003 and a record low of -5.70 percent in December of 2001. 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. This page includes: Argentina GDP Growth Rate chart, historical data, forecasts and news. Data is also available for Argentina GDP Annual Growth Rate, which measures growth over a full economic year.

Argentina GDP Annual Growth Rate

Instituto Nacional de Estadist — Wed, 28 Mar 2012 16:42:00 GMT

The Gross Domestic Product (GDP) in Argentina expanded 7.3 percent in the fourth quarter of 2011 over the same quarter, previous year. Unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. Historically, from 1994 until 2011, Argentina's average annual GDP Growth was 3.76 percent reaching an historical high of 11.80 percent in June of 2010 and a record low of -16.30 percent in March of 2002. This page includes: Argentina GDP Annual Growth Rate chart, historical data, forecasts and news. Data is also available for Argentina GDP Quarterly Growth Rate, which measures growth over the previous quarter.

Argentina GDP per capita

World Bank — Wed, 04 Jan 2012 19:04:00 GMT

The GDP per capita in Argentina was last reported at 10749 US dollars in December of 2010, according to the World Bank. Previously, the GDP per capita in Argentina standed at 9933 US dollars in December of 2009. The GDP per capita in Argentina is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. Historically, from 1960 until 2010, Argentina's average GDP Per Capita was 6999.88 dollars reaching an historical high of 10749.32 dollars in December of 2010 and a record low of 4943.28 dollars in December of 1963. This page includes a chart with historical data for Argentina's GDP Per Capita.

Argentina GDP per capita PPP

World Bank — Wed, 04 Jan 2012 19:02:00 GMT

The GDP per capita, adjusted by purchasing power parity, in Argentina was last reported at 16012 US dollars in December of 2010, according to the World Bank. Previously, the GDP per capita PPP in Argentina standed at 14677 US dollars in December of 2009. The GDP per capita PPP in Argentina is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. Historically, from 1980 until 2010, Argentina's average GDP per capita PPP was 8256.62 dollars reaching an historical high of 16011.52 dollars in December of 2010 and a record low of 4808.34 dollars in December of 1980. This page includes a chart with historical data for Argentina's GDP per capita PPP.

Argentina Population

World Bank — Fri, 28 Oct 2011 13:56:00 GMT

The total population in Argentina was last reported at 40.1 million people in 2010 from 20.7 million in 1960, changing 94 percent during the last 50 years. Argentina has 0.58 percent of the world´s total population which means that one person in every 172 people on the planet is a resident of Argentina. This page includes a chart with historical data for Argentina's Total Population.