Argentina Economy

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Argentina is Latin America's third largest economy with a nominal GDP of $447.6 billion according to 2011 estimates, putting it at 27th in the world. The country benefits from a highly literate population, diversified industrial base, an export oriented agricultural sector and rich natural resources and has a firm foundation for future growth. However, historically, Argentina's economic performance has been volatile with periods of high economic growth alternated by severe recessions. Argentina is considered an emerging market and is one the G-20 major economies.

Major Argentina Indicators

Period Value % Chg Prev
Components of GDP (View all 1)
Argentina Exports of Goods and Services (NSA) 2017 71.27B USD 2.08%
Argentina General Government Final Consumption Expenditure (NSA) 2017 18.11% of GDP 0.43%
Argentina Household Final Consumption Expenditure (NSA) 2016 65.91% of GDP 0.69%
Argentina Imports of Goods and Services (NSA) 2017 87.93B USD 18.04%
Argentina Net Trade in Goods and Services (NSA) 2017 -15.30B USD
Argentina Trade (NSA) 2017 25.01% of GDP -4.24%
Consumer Prices (View all 1)
Argentina Consumer Price Index (NSA) 2014 105.51
Argentina Inflation Rate, Average Consumer Prices (NSA) 2023 4.90 Chg Yr -25.76%
Employment (View all 1)
Argentina Unemployment Rate (NSA) 2017 8.74% 4.07%
Energy (View all 1)
Argentina Gas Rig Count Nov 2018 11.00 0.00%
Environment (View all 1)
Argentina CO2 Emissions (NSA) 2014 204024.5 kt 7.47%
GDP (View all 1)
Argentina GDP (NSA) 2017 637.59B USD 14.91%
Argentina GDP Growth (NSA) 2017 2.86%
Argentina Real GDP Growth (NSA) 2023 3.20% Chg Yr 3.23%
Governance and Policy (View all 1)
Argentina Profit Tax (NSA) 2017 3.90% 0.00%
Government Assets and Liabilities (View all 1)
Argentina General Government Gross Debt (NSA) 2023 52.00% of GDP -0.38%
Government Receipts and Outlays (View all 1)
Argentina General Government Final Consumption Expenditure (NSA) 2017 18.11% of GDP 0.43%
Argentina Military Expenditure (NSA) 2017 94.03B ARS 41.22%
Argentina Profit Tax (NSA) 2017 3.90% 0.00%
Infrastructure (View all 1)
Argentina Secure Internet Servers (NSA) 2017 1620.27 /mil ppl 121.7%
International Transactions (View all 1)
Argentina Exports of Goods and Services (NSA) 2017 71.27B USD 2.08%
Argentina Imports of Goods and Services (NSA) 2017 87.93B USD 18.04%
Argentina Net Foreign Direct Investment (NSA) 2017 -10.69B USD
Argentina Net Trade in Goods and Services (NSA) 2017 -15.30B USD
Military (View all 2)
Argentina Military Expenditure (NSA) 2017 94.03B ARS 41.22%
Personal Income and Spending (View all 1)
Argentina GINI Index (NSA) 2016 42.40
Population (View all 1)
Argentina Adult Literacy Rate (NSA) 2015 98.09%
Argentina Population (NSA) 2023 47.09M 1.11%
Argentina Population Density (NSA) 2017 16.18 0.97%
View and sort all 169 Argentina Indicators
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