Argentina's economic activity grew 11.7 percent from a year earlier in July of 2021, the same as in the previous month and above market expectations of an 8.7 percent rise. Output advanced faster for mining & quarrying (12 percent vs 11.5 percent); hotels & restaurants (55.4 percent vs 33 percent) and fishing (251.6 percent vs 111 percent). On the other hand, output slowed for manufacturing (12.7 percent vs 17.4 percent in June); utilities (3.2 percent vs 10.3 percent); construction (22.6 percent vs 40.4 percent) and transport & communications (10.1 percent vs 10.8 percent). On a monthly basis, activity expanded 0.8 percent, slowing from a 2.5 percent gain in June. Considering the first seven months of 2021, the economy grew 10.5 percent. source: Instituto Nacional de Estadística y Censos (INDEC)

Economic Activity Index in Argentina averaged 2.12 percent from 2005 until 2021, reaching an all time high of 29.50 percent in April of 2021 and a record low of -25.30 percent in April of 2020. This page provides - Argentina Economic Activity Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Economic Activity Index - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Economic Activity Index in Argentina is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Economic Activity Index is projected to trend around 2.50 percent in 2022 and 1.50 percent in 2023, according to our econometric models.

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Argentina Economic Activity Index


Calendar GMT Actual Previous Consensus TEForecast
2021-06-29 07:00 PM Abr 28.3% 11.9% 30.5% 30%
2021-07-21 07:00 PM May 13.6% 29.4% 16% 18%
2021-08-19 07:00 PM Jun 10.8% 13.6% 6%
2021-09-28 07:00 PM Jul 11.7% 11.7% 8.7% 11%
2021-10-21 07:00 PM Aug 11.7% 11%
2021-11-24 07:00 PM Sep
2021-12-23 07:00 PM Oct


News Stream
Argentina Economic Activity Beats Forecasts
Argentina's economic activity grew 11.7 percent from a year earlier in July of 2021, the same as in the previous month and above market expectations of an 8.7 percent rise. Output advanced faster for mining & quarrying (12 percent vs 11.5 percent); hotels & restaurants (55.4 percent vs 33 percent) and fishing (251.6 percent vs 111 percent). On the other hand, output slowed for manufacturing (12.7 percent vs 17.4 percent in June); utilities (3.2 percent vs 10.3 percent); construction (22.6 percent vs 40.4 percent) and transport & communications (10.1 percent vs 10.8 percent). On a monthly basis, activity expanded 0.8 percent, slowing from a 2.5 percent gain in June. Considering the first seven months of 2021, the economy grew 10.5 percent.
2021-09-28
Argentina Economic Activity Slows in June
Argentina's economic activity grew 10.8 percent from a year earlier in June of 2021, easing from a 13.6 percent advance in the previous month. Output slowed for mining &q« quarrying (13.5 percent vs 17.3 percent in May); manufacturing (16.8 percent vs 29.9 percent); construction (32.3 percent vs 51.5 percent) and restaurant & hotels (6.9 percent vs 54.3 percent). On a monthly basis, activity rose 2.5 percent, recovering from a 2 percent drop in May.
2021-08-19
Argentina Economy Grows Less Than Expected
Economic activity in Argentina went up 13.6 percent from a year earlier in May of 2021, following a record 29.4 percent gain in April and compared with a consensus of a 16 percent expansion. The largest contribution came from hotels & restaurants (54.3 percent). On a monthly basis, activity dropped 0.2 percent, following a 0.1 percent decline in the prior month.
2021-07-21
Argentina Economic Activity Grows at Record Pace in April
Economic activity in Argentina jumped a record 28.3 percent from a year earlier in April of 2021, following a revised 11.9 percent gain in February and compared with a consensus of a 30.5 percent expansion. The largest contribution came from construction (221.5 percent) and hotels & restaurants (207.7 percent). On a monthly basis, activity was flat in April, following a 0.1 percent rise in the prior month.
2021-06-29

Argentina Last Unit Reference Previous Highest Lowest
GDP Growth Rate -1.40 percent Jun/21 2.80 12.90 -15.50
GDP Annual Growth Rate 17.90 percent Jun/21 2.90 17.90 -19.00
GDP Constant Prices 717953.00 ARS Million Jun/21 648176.00 791236.00 460369.00
Gross Fixed Capital Formation 134971.00 ARS Million Jun/21 129386.00 164572.00 71794.00
Economic Activity Index 11.70 percent Jul/21 11.70 29.50 -25.30
GDP From Utilities 12736.60 ARS Million Jun/21 12298.79 12871.22 8556.64
GDP From Transport 52694.39 ARS Million Jun/21 47043.31 61030.16 28143.41
GDP From Services 89303.55 ARS Million Jun/21 84351.97 102946.34 58565.32
GDP From Public Administration 31940.38 ARS Million Jun/21 32024.79 33921.06 21071.47
GDP From Mining 20269.95 ARS Million Jun/21 19856.81 26258.14 17788.98
GDP From Manufacturing 115618.74 ARS Million Jun/21 103274.40 138227.84 86448.02
GDP From Construction 19532.52 ARS Million Jun/21 21196.48 23914.29 10605.32
GDP From Agriculture 89195.22 ARS Million Jun/21 39562.45 110971.40 27522.75


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.