The Gross Domestic Product (GDP) in Argentina expanded 0.90 percent in the third quarter of 2019 over the previous quarter.

GDP Growth Rate in Argentina averaged 0.54 percent from 1993 until 2019, reaching an all time high of 5.10 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. source: Instituto Nacional de Estadística y Censos (INDEC)

GDP Growth Rate in Argentina is expected to be -0.10 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 0.70 in 12 months time. In the long-term, the Argentina GDP Growth Rate is projected to trend around 1.00 percent in 2020, according to our econometric models.

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Argentina GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.90 -0.70 5.10 -5.70 1993 - 2019 percent Quarterly

Calendar GMT Actual Previous Consensus TEForecast
2019-03-21 07:00 PM Q4 -1.2% -0.5% -0.4%
2019-06-19 07:00 PM Q1 -0.2% -1.3% -0.8%
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%
2020-03-23 07:00 PM Q4 0.9% -0.1%


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.

Argentina GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.90 -0.70 5.10 -5.70 percent [+]
GDP Annual Growth Rate -1.70 0.00 16.20 -16.30 percent [+]
GDP 518.50 642.70 642.70 18.30 USD Billion [+]
GDP Constant Prices 682705.00 746974.00 791236.00 460369.00 ARS Million [+]
Gross Fixed Capital Formation 125880.00 123345.00 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 -1.90 -0.70 18.80 -13.70 percent [+]
GDP From Agriculture 35471.08 100795.74 110971.40 27522.75 ARS Million [+]
GDP From Construction 21784.75 21462.08 23914.29 14555.30 ARS Million [+]
GDP From Manufacturing 111924.87 110877.26 138227.84 86448.02 ARS Million [+]
GDP From Mining 21993.67 21784.72 26258.14 20576.13 ARS Million [+]
GDP From Public Administration 33190.68 33341.23 33451.08 21071.47 ARS Million [+]
GDP From Services 82128.62 84037.20 102946.34 58565.32 ARS Million [+]
GDP From Transport 57038.16 59259.58 61027.37 28143.41 ARS Million [+]
GDP From Utilities 12397.81 11831.32 12868.77 8556.64 ARS Million [+]