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) 2020 63.64B USD -18.08%
Argentina General Government Final Consumption Expenditure (NSA) 2020 16.18% of GDP 2.57%
Argentina Imports of Goods and Services (NSA) 2020 52.14B USD -21.34%
Argentina Net Trade in Goods and Services (NSA) 2020 12.05B USD -7.43%
Argentina Trade (NSA) 2020 30.50% of GDP -6.52%
Consumer Prices (View all 1)
Argentina Consumer Price Index (NSA) 2019 232.75 53.55%
Argentina Inflation Rate Outlook, Average Consumer Prices (NSA) 2020 42.00% -21.50%
Employment (View all 1)
Argentina Unemployment Rate (NSA) 2020 11.67% 18.60%
Energy (View all 1)
Argentina Gas Rig Count Sep 2021 8.00 0.00%
Environment (View all 1)
Argentina CO2 Emissions (NSA) 2018 177410.0 kt -1.50%
GDP (View all 1)
Argentina GDP (NSA) 2020 383.07B USD -14.00%
Argentina Real GDP YoY (NSA) 2020 -9.91%
Argentina Real GDP YoY Outlook (NSA) 2026 1.50% -6.25%
Governance and Policy (View all 1)
Argentina Profit Tax (NSA) 2019 3.60% -7.69%
Government Assets and Liabilities (View all 1)
Argentina General Government Gross Debt Outlook (NSA) 2024 68.00% of GDP -3.55%
Government Receipts and Outlays (View all 1)
Argentina General Government Final Consumption Expenditure (NSA) 2020 16.18% of GDP 2.57%
Argentina Military Expenditure (NSA) 2019 151.36B ARS 40.17%
Argentina Profit Tax (NSA) 2019 3.60% -7.69%
Infrastructure (View all 1)
Argentina Secure Internet Servers (NSA) 2020 3685.76 /mil ppl 22.11%
International Transactions (View all 1)
Argentina Exports of Goods and Services (NSA) 2020 63.64B USD -18.08%
Argentina Imports of Goods and Services (NSA) 2020 52.14B USD -21.34%
Argentina Net Foreign Direct Investment (NSA) 2020 -2.889B USD
Argentina Net Trade in Goods and Services (NSA) 2020 12.05B USD -7.43%
Military (View all 2)
Argentina Military Expenditure (NSA) 2019 151.36B ARS 40.17%
Personal Income and Spending (View all 1)
Argentina GINI Index (NSA) 2019 42.90 3.87%
Population (View all 1)
Argentina Adult Literacy Rate (NSA) 2018 99.00%
Argentina Population Density (NSA) 2020 16.58 Ppl/kmĀ² 0.97%
Argentina Population Outlook (NSA) 2026 48.18M 1.00%
View and sort all 182 Argentina Indicators

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