Argentina's economic activity shrank 2.1 percent year-on-year in September 2019, after a downwardly revised 3.6 percent contraction in August. Output grew further in agriculture (11.8 percent vs 8.1 percent in August); public services (0.8 percent vs 0.6 percent) and education (0.9 percent vs 0.8 percent). Also, output rebounded in transportation & communication (0.2 percent vs -1.3 percent); real estate (1.5 percent vs -0.5 percent) and utilities (0.1 percent vs -4 percent). Additionally, output declined less in manufacturing (-5 percent vs -6.6 percent); wholesale & retail trade (-5.2 percent vs -9.2 percent); financial intermediation (-14.6 percent vs -15.9 percent) and other services (-1.9 percent vs -3.3 percent). In contrast, production fell at a faster pace for construction (-6.5 percent vs -5.1 percent); fishing (-44.2 percent vs -1.1 percent) and accommodation services (-1.1 percent vs -0.6 percent). On a seasonally adjusted monthly basis, economic activity shrank 1.6 percent. Economic Activity Index in Argentina averaged 2.62 percent from 2005 until 2019, reaching an all time high of 18.80 percent in May of 2010 and a record low of -13.70 percent in May of 2009. source: Instituto Nacional de Estadística y Censos (INDEC)

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Argentina Economic Activity Index
Calendar GMT Actual Previous Consensus TEForecast
2019-08-22 07:00 PM Economic Activity YoY Jun 0.0% 2.4% 0.1% 0.5%
2019-09-26 07:00 PM Economic Activity YoY Jul 0.6% 0.4% -1.8% -1.5%
2019-10-24 07:00 PM Economic Activity YoY Aug -3.8% 0.5% -3.5% -2.5%
2019-11-26 07:00 PM Economic Activity YoY Sep -2.1% -3.6% -4.1%
2019-12-23 07:00 PM Economic Activity YoY Oct -2.1% -3%
2020-01-23 07:00 PM Economic Activity YoY Nov -3.5%
2020-02-21 07:00 PM Economic Activity YoY Dec -3.8%


Argentina GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.30 0.00 5.10 -5.70 percent [+]
GDP Annual Growth Rate 0.60 -5.80 16.20 -16.30 percent [+]
GDP 518.50 642.70 642.70 18.30 USD Billion [+]
GDP Constant Prices 751809.00 666285.00 791236.00 460369.00 ARS Million [+]
Gross Fixed Capital Formation 123758.00 112980.00 164572.00 71794.00 ARS Million [+]
GDP per capita 10040.13 10404.26 10883.32 5323.49 USD [+]
GDP per capita PPP 18282.09 18945.14 19817.45 11372.82 USD [+]
Economic Activity Index -2.10 -3.60 18.80 -13.70 percent [+]
GDP From Agriculture 103620.43 40089.05 110971.40 27522.75 ARS Million [+]
GDP From Construction 21317.84 22140.71 23914.29 14555.30 ARS Million [+]
GDP From Manufacturing 111614.35 99092.88 138227.84 86448.02 ARS Million [+]
GDP From Mining 21757.89 20884.53 26258.14 20576.13 ARS Million [+]
GDP From Public Administration 33205.03 33191.78 33451.08 21071.47 ARS Million [+]
GDP From Services 84365.52 81216.42 102946.34 58565.32 ARS Million [+]
GDP From Transport 59145.30 55773.69 61027.37 28143.41 ARS Million [+]
GDP From Utilities 11836.80 12207.12 12868.77 8556.64 ARS Million [+]


Argentina Economic Activity Index

In Argentina, the Monthly Economic Activity Estimator (EMAE) is a provisional indicator of the evolution of the GDP. Its calculation is structured in the aggregation of the added value at basic prices of each one of the economic activities plus the net taxes of subsidies to the products, using the weights of the national accounts. This page provides - Argentina Economic Activity Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Economic Activity Index - actual data, historical chart and calendar of releases - was last updated on December of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-2.10 -3.60 18.80 -13.70 2005 - 2019 percent Monthly
2014=100, NSA




Country Last Previous
Argentina -2.10 Sep/19 -3.6
United Kingdom 0.90 Sep/19 1


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