The Gross Domestic Product (GDP) in Argentina contracted 4.80 percent in the first quarter of 2020 over the previous quarter.

GDP Growth Rate in Argentina averaged 0.49 percent from 1993 until 2020, reaching an all time high of 5 percent in the third quarter of 2004 and a record low of -5.70 percent in the fourth quarter of 2001. This page provides - Argentina GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Instituto Nacional de Estadística y Censos (INDEC)

GDP Growth Rate in Argentina is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Argentina to stand at 0.40 in 12 months time. In the long-term, the Argentina GDP Growth Rate is projected to trend around 0.80 percent in 2021 and 1.00 percent in 2022, according to our econometric models.

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Argentina GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
-4.80 -0.90 5.00 -5.70 1993 - 2020 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-09-19 07:00 PM Q2 -0.3% 0.0% -0.1%
2019-12-17 07:00 PM Q3 0.9% -0.7% 0.4%
2020-03-25 07:00 PM Q4 -1% 1% -0.7%
2020-06-23 07:00 PM Q1 -4.8% -0.9% -4.8%
2020-09-22 07:00 PM Q2 -4.8% -16%
2020-12-18 07:00 PM Q3 3%


Argentina GDP Growth Rate
Argentina is the third biggest economy in Latin America. Shipments of agricultural products have been the motor of Argentina´s growth in recent years. In addition, Argentina has been diversifying its industrial base and it has been experiencing a record growth in the automobile, textile and power sectors.