The Gross Domestic Product (GDP) in Argentina contracted 1.89 percent in the fourth quarter of 2023 over the previous quarter. GDP Growth Rate in Argentina averaged 0.51 percent from 1993 until 2023, reaching an all time high of 11.28 percent in the third quarter of 2020 and a record low of -14.53 percent in the second quarter of 2020. source: Instituto Nacional de Estadística y Censos (INDEC)

GDP Growth Rate in Argentina is expected to be -0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina GDP Growth Rate is projected to trend around 1.00 percent in 2025, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-12-15 07:00 PM
GDP Growth Rate QoQ
Q3 2.7% -2.8% -1.6%
2024-03-20 07:00 PM
GDP Growth Rate QoQ
Q4 -1.9% 2.2% -3.8%
2024-06-24 07:00 PM
GDP Growth Rate QoQ
Q1 -1.9% 1.5%


Related Last Previous Unit Reference
Economic Activity Index -4.30 -4.50 percent Jan 2024
Full Year GDP Growth -1.55 4.96 percent Dec 2023
GDP Growth Rate YoY -1.40 -0.80 percent Dec 2023
GDP Constant Prices 700911.00 721388.00 ARS Million Dec 2023
GDP from Agriculture 35846.56 31595.92 ARS Million Dec 2023
GDP from Construction 21608.51 23620.86 ARS Million Dec 2023
GDP from Manufacturing 116726.60 122612.92 ARS Million Dec 2023
GDP from Mining 26692.59 26267.49 ARS Million Dec 2023
GDP from Public Administration 36145.42 35867.32 ARS Million Dec 2023
GDP from Services 91902.73 97940.13 ARS Million Dec 2023
GDP from Transport 53412.63 54289.27 ARS Million Dec 2023
GDP from Utilities 12222.63 13209.27 ARS Million Dec 2023
GDP Growth Rate -1.89 2.20 percent Dec 2023
Gross Fixed Capital Formation 137982.00 163118.00 ARS Million Dec 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
-1.89 2.20 11.28 -14.53 1993 - 2023 percent Quarterly
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