GDP in Argentina

Argentina GDP | Economic News & Forecasts

Argentina - GDP

GDP growth records slowest increase since Q1 2021 in Q4

GDP growth slowed markedly to 8.6% year on year in the fourth quarter of 2021, from 11.9% in the third quarter. Q4's reading marked the worst since Q1.

Private consumption growth fell to 11.4% in Q4, marking the weakest expansion since Q1 2021 (Q3: +12.1% yoy). Government spending growth waned to 10.7% in Q4 (Q3: +11.3% yoy). Meanwhile, fixed investment growth fell to 13.0% in Q4, marking the worst reading since Q3 2020 (Q3: +21.0% yoy).

Exports of goods and services growth picked up to 23.0% year on year in the fourth quarter, which marked the best reading since Q3 2010 (Q3: +18.9% yoy). Conversely, imports of goods and services growth softened to 20.5% in Q4 (Q3: +26.5% yoy).

On a seasonally-adjusted quarter-on-quarter basis, economic growth moderated to 1.5% in Q4, following the previous quarter's 4.0% increase.

.”

FocusEconomics analysts see the economy expanding 2.6% in 2022, up 0.2 percentage points from the previous month’s forecast. In 2023, analysts see growth at 1.9%.

Argentina - GDP Data

2015   2016   2017   2018   2019  
Economic Growth (GDP, annual variation in %)2.7  -2.1  2.7  -2.5  -2.2  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Argentina GDP Chart


Argentina GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: National Statistical Institute (INDEC) and FocusEconomics calculations.

Argentina Facts

Value Change Date
Bond Yield6.690.15 %Dec 17
Exchange Rate59.880.45 %Dec 30

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form