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Economy of Argentina. Statistics, Data and Indicators

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Argentina
15B+ Credit rank #104
131.85 Quality of life #41
94 Corruption rank#76
126 Ease of doing business#108
Argentina


Argentina Major Economic Indicators

Indicator Data Period
GDP Value 487 USD Billion 2021
GDP Annual Growth Rate 5.9 % 3Q/22
GDP Growth Rate 1.7 % 3Q/22
GDP per capita 12402 USD 2021
Inflation Rate YoY 94.8 % Dec/22
Interest Rate 75 % Jan/23
Unemployment Rate 7.1 % 3Q/22
Wages 188293 ARS/Month | 1006.909 USD/Month Oct/22
Balance of Trade 1102 USD Million | 1.102 B USD Dec/22
Current Account -3031 USD Million | -3.031 B USD 3Q/22
Foreign Exchange Reserves 35448 USD Million | 35.448 B USD Dec/22


GDP Indicators

Indicator Data Period
GDP Value 487 USD Billion 2021
GDP Annual Growth Rate 5.9 % 3Q/22
GDP Growth Rate 1.7 % 3Q/22
GDP per capita 12402 USD 2021
GDP Constant Prices 727598 ARS Million | 3.891 B USD 3Q/22
GDP per capita PPP 21527 USD 2021
GDP From Agriculture  34610 ARS Million | 0.185 B USD 3Q/22
GDP From Construction  22694 ARS Million | 0.121 B USD 3Q/22
GDP From Manufacturing  128078 ARS Million | 0.685 B USD 3Q/22
GDP From Mining  24815 ARS Million | 0.133 B USD 3Q/22
GDP From Public Administration  35045 ARS Million | 0.187 B USD 3Q/22
GDP From Services  98361 ARS Million | 0.526 B USD 3Q/22
GDP From Transport  54467 ARS Million | 0.291 B USD 3Q/22
GDP From Utilities  12901 ARS Million | 0.069 B USD 3Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 86.2 % 2018
Government Budget Value -441512 ARS Million | -2.361 USD Billion Dec/22
Government Spending 95486 ARS Million | 0.511 USD Billion 3Q/22
Government Revenues 2555334 ARS Million | 13.665 USD Billion Dec/22
Fiscal Expenditure  805790 ARS Million | 9.111 B USD Aug/20
Government Budget to GDP -4.5 % 2021
Military Expenditure 2592 USD Million | 2.592 B USD 2021


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 1135 index points Dec/22
Export Prices 214 index points 3Q/22
Food Inflation 95 % Dec/22
Gasoline Prices 0.84 USD/Liter Jan/23
GDP Deflator 12294 index points 3Q/22
Import Prices 158 index points 3Q/22
Inflation Rate YoY 94.8 % Dec/22
Producer Prices 1828 index points Dec/22
Inflation Rate Mom 5.1 % Dec/22
Core Consumer Prices 1154 Index Points Dec/22
Core Inflation Rate 90.6 % Dec/22
CPI Housing Utilities 860 Index Points Dec/22
CPI Transportation 1187 Index Points Dec/22
Inflation Expectations 80 % Jan/23
Producer Prices Change  89.7 % Nov/22


Trade Indicators

Indicator Data Period
Current Account to GDP 1 % 2021
Balance of Trade 1102 USD Million | 1.102 USD Billion Dec/22
Capital Flows -3227 USD Million | -3.227 USD Billion 3Q/22
Current Account -3031 USD Million | -3.031 USD Billion 3Q/22
Exports 6119 USD Million | 6.119 USD Billion Dec/22
External Debt 271776 USD Million | 271.776 USD Billion 3Q/22
Foreign Exchange Reserves 35448 USD Million | 35.448 USD Billion Dec/22
Imports 5017 USD Million | 5.017 USD Billion Dec/22
Terms of Trade  135 Index Points 3Q/22
Tourist Arrivals 483243 Persons | 0.483 Million Persons Nov/22


Money Indicators

Indicator Data Period
Gold Reserves 61.74 Tonnes 3Q/22
Interbank Rate 67.51 % Dec/22
Interest Rate 75 % Jan/23
Money Supply M0 5203751 ARS Million | 27.827 USD Billion Dec/22
Money Supply M1 7204667 ARS Million | 38.527 USD Billion Nov/22
Money Supply M2 11122812 ARS Million | 59.48 USD Billion Nov/22
Money Supply M3 20815364 ARS Million | 111.311 USD Billion Nov/22
Central Bank Balance Sheet 31738992640 USD Million | 31738994 B USD Dec/22
Deposit Interest Rate 69.55 % Feb/23
Foreign Direct Investment 37.48 USD Million | 0.037 B USD Nov/22


Labor Indicators

Indicator Data Period
Minimum Wages 69500 ARS/Month | 371.656 USD/Month Mar/23
Unemployment Rate 7.1 % 3Q/22
Wages 188293 ARS/Month | 1006.909 USD/Month Oct/22
Employed Persons 12922 Thousand Person | 12.922 Million Person 3Q/22
Employment Rate  44.2 % 3Q/22
Labor Force Participation Rate 47.6 % 3Q/22
Living Wage Family 14400 ARS/Month | 205.227 USD/Month 2018
Living Wage Individual 10400 ARS/Month | 148.22 USD/Month 2018
Unemployed Persons 989 Thousand Persons | 0.989 Million Persons 3Q/22
Wage Growth  5.3 % Oct/22
Wages High Skilled 20500 ARS/Month | 292.164 USD/Month 2018
Wages Low Skilled  10500 ARS/Month | 149.645 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 594 BBL/D/1K Sep/22
Industrial Production 1.4 % Nov/22
Steel Production 388 Thousand Tonnes Dec/20
Car Production 37119 Units | 37.119 Units Dec/22
Industrial Production (MoM) 0.8 % Nov/22


Business Indicators

Indicator Data Period
Corruption Index 38 index points 2022
Corruption Rank 94 place 2022
Ease of Doing Business 126 place 2019
Competitiveness Index 57.2 Index Points 2019
Competitiveness Rank 83 2019
Leading Economic Index  0.1 % Dec/22


Consumer Indicators

Indicator Data Period
Consumer Confidence 39 index points Jan/23
Retail Sales MoM 25.9 % Oct/15
Retail Sales YoY 120 % Nov/22
Consumer Spending 504726 ARS Million | 2.699 USD Billion 3Q/22
Households Debt To GDP 4.4 % 2Q/22