Markets Actual Q1/23 Q2/23 Q3/23 Q4/23
Currency 187.57 186 187 188 189
Stock Market (points) 248854.58 239750 226043 213100 200919

Overview Actual Q1/23 Q2/23 Q3/23 Q4/23
GDP Growth Rate (%) 1.70 0.6 0.5 0.5 0.7
GDP Annual Growth Rate (%) 5.90 3.3 2.9 2.5 2
Unemployment Rate (%) 7.10 7.4 7.7 8 8
Inflation Rate (%) 94.80 97.6 93.7 69.9 30
Inflation Rate MoM (%) 5.10 4.7 3.3 2.5 2
Interest Rate (%) 75.00 75 75 70 70
Balance of Trade (USD Million) 1102.00 904 986 1406 1389
Current Account (USD Million) -3031.00 -1450 -1130 -950
Current Account to GDP (% of GDP) 1.00 0.5
Government Debt to GDP (% of GDP) 80.50 73
Government Budget (% of GDP) -4.50 -3.2
Consumer Confidence (points) 39.00 36 40 41 41
Corporate Tax Rate (%) 25.00 25
Personal Income Tax Rate (%) 35.00 35

GDP Actual Q1/23 Q2/23 Q3/23 Q4/23
GDP Growth Rate (%) 1.70 0.6 0.5 0.5 0.7
GDP Annual Growth Rate (%) 5.90 3.3 2.9 2.5 2
GDP (USD Billion) 487.23 495
GDP Constant Prices (ARS Million) 727598.00 714477 791022 745788 742150
Gross Fixed Capital Formation (ARS Million) 159885.00 151566 165530 163882 163083
GDP per Capita PPP (USD) 21527.20 20964
Monthly GDP YoY (%) 2.60 3.4 -1 -1.4 -0.5
Full Year GDP Growth (%) 10.30 1.6
GDP from Agriculture (ARS Million) 34609.85 41106 86959 35475 35302
GDP from Construction (ARS Million) 22693.63 23209 21533 23261 23148
GDP from Manufacturing (ARS Million) 128077.84 112589 128657 131280 130639
GDP from Mining (ARS Million) 24815.41 23404 24684 25436 25312
GDP from Public Administration (ARS Million) 35045.48 36067 36053 35922 35746
GDP from Services (ARS Million) 98360.58 93166 101923 100820 100328
GDP from Transport (ARS Million) 54466.72 55019 60571 55828 55556
GDP from Utilities (ARS Million) 12900.73 13369 13744 13223 13159
GDP per Capita (USD) 12402.49 12800

Labour Actual Q1/23 Q2/23 Q3/23 Q4/23
Unemployment Rate (%) 7.10 7.4 7.7 8 8
Wages (ARS/Month) 188293.00 142742 219344 185683 193000
Population (Million) 45.81 46.64
Wage Growth (%) 5.30 4.5 3.6 3.2 2.5

Prices Actual Q1/23 Q2/23 Q3/23 Q4/23
Inflation Rate (%) 94.80 97.6 93.7 69.9 30
Inflation Rate MoM (%) 5.10 4.7 3.3 2.5 2
Consumer Price Index CPI (points) 1134.59 1336 1536 1643 1475
GDP Deflator (points) 12294.40 13398 19664 20888 15983
Producer Prices (points) 1827.90 1821 1967 2151 2376
Inflation Expectations (%) 80.00 100 90 70 40
Core Consumer Prices (points) 1153.58 1153 1311 1536 1500
Core Inflation Rate (%) 90.60 66 60 55 30
Food Inflation (%) 95.00 85 66 45 30
CPI Housing Utilities (points) 860.11 1061 1204 1201 1118
CPI Transportation (points) 1186.63 1242 1283 1315 1342
Producer Prices Change (%) 89.70 66 55.8 40.3 30

Money Actual Q1/23 Q2/23 Q3/23 Q4/23
Interest Rate (%) 75.00 75 75 70 70
Interbank Rate (%) 67.51 67.51 67.51 62.51 62.51
Money Supply M0 (ARS Million) 5203751.00 3563054 3576490 4000000
Money Supply M1 (ARS Million) 7204666.90 5236312 5252467 5300754
Money Supply M2 (ARS Million) 11122811.60 7597048 7620126 7666281
Money Supply M3 (ARS Million) 20815363.00 12779263 12816970 12892385
Central Bank Balance Sheet (USD Million) 31738993615.00 19473544 20063300 21344813

Trade Actual Q1/23 Q2/23 Q3/23 Q4/23
Balance of Trade (USD Million) 1102.00 904 986 1406 1389
Current Account (USD Million) -3031.00 -1450 -1130 -950
Current Account to GDP (% of GDP) 1.00 0.5
Imports (USD Million) 5017.00 6303 7060 6510 5844
Exports (USD Million) 6119.00 7207 8046 7916 7233
Foreign Direct Investment (USD Millions) 37.48 36 60 80
Tourist Arrivals 483243.00 900000 900000 900000
Gold Reserves (Tonnes) 61.74 60 60 60
Crude Oil Production (BBL/D/1K) 594.16 570 580 590 600

Government Actual Q1/23 Q2/23 Q3/23 Q4/23
Government Debt to GDP (% of GDP) 80.50 73
Government Budget (% of GDP) -4.50 -3.2
Government Spending (ARS Million) 95486.00 97063 101242 97873 97396
Tax Revenue (ARS Million) 2265962.00 1963009 1969871 1976733 1983595
Military Expenditure (USD Million) 2591.60 3400

Taxes Actual Q1/23 Q2/23 Q3/23 Q4/23
Corporate Tax Rate (%) 25.00 25
Personal Income Tax Rate (%) 35.00 35
Sales Tax Rate (%) 21.00 21
Social Security Rate For Companies (%) 20.40 20.4
Social Security Rate For Employees (%) 17.00 17
Social Security Rate (%) 37.40 37.4

Business Actual Q1/23 Q2/23 Q3/23 Q4/23
Industrial Production (%) 1.40 1 2.2 2.1 2
Industrial Production Mom (%) 0.80 0.6 1.1 1
Leading Economic Index (%) 0.10 -0.5 0.6 0.4 -0.1

Consumer Actual Q1/23 Q2/23 Q3/23 Q4/23
Consumer Confidence (points) 39.00 36 40 41 41
Retail Sales YoY (%) 120.30 78 28 31 4
Consumer Spending (ARS Million) 504726.00 532878 572640 517344 514821
Gasoline Prices (USD/Liter) 0.84 0.91 0.94 0.98 1.02