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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
96 Corruption rank#76
126 Ease of doing business#108
Argentina


Argentina Major Economic Indicators

Indicator Data Period
GDP Value 491 USD Billion 2021
GDP Annual Growth Rate 6 % 1Q/22
GDP Growth Rate 0.9 % 1Q/22
GDP per capita 12391 USD 2021
Inflation Rate YoY 60.7 % May/22
Interest Rate 52 % Jun/22
Unemployment Rate 7 % 1Q/22
Wages 161123 ARS/Month | 1274.945 USD/Month Dec/21
Balance of Trade 356 USD Million | 0.356 B USD May/22
Current Account -1130 USD Million | -1.13 B USD 1Q/22
Foreign Exchange Reserves 32349 USD Million | 32.349 B USD May/22


GDP Indicators

Indicator Data Period
GDP Value 491 USD Billion 2021
GDP Annual Growth Rate 6 % 1Q/22
GDP Growth Rate 0.9 % 1Q/22
GDP per capita 12391 USD 2021
GDP Constant Prices 691652 ARS Million | 5.473 B USD 1Q/22
GDP per capita PPP 19687 USD 2020
GDP From Agriculture  39793 ARS Million | 0.315 B USD 1Q/22
GDP From Construction  22467 ARS Million | 0.178 B USD 1Q/22
GDP From Manufacturing  108993 ARS Million | 0.862 B USD 1Q/22
GDP From Mining  22656 ARS Million | 0.179 B USD 1Q/22
GDP From Public Administration  34914 ARS Million | 0.276 B USD 1Q/22
GDP From Services  90190 ARS Million | 0.714 B USD 1Q/22
GDP From Transport  53261 ARS Million | 0.421 B USD 1Q/22
GDP From Utilities  12942 ARS Million | 0.102 B USD 1Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 86.2 % 2018
Government Budget Value -162412 ARS Million | -1.285 USD Billion May/22
Government Spending 93962 ARS Million | 0.744 USD Billion 1Q/22
Government Revenues 1648626 ARS Million | 13.045 USD Billion May/22
Fiscal Expenditure  805790 ARS Million | 9.111 B USD Aug/20
Government Budget to GDP -4.5 % 2021
Military Expenditure 3143 USD Million | 3.143 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 753 index points May/22
Export Prices 207 index points 1Q/22
Food Inflation 64.2 % May/22
Gasoline Prices 0.95 USD/Liter Jun/22
GDP Deflator 6780 index points 1Q/22
Import Prices 134 index points 1Q/22
Inflation Rate YoY 60.7 % May/22
Producer Prices 1213 index points May/22
Inflation Rate Mom 5.1 % May/22
Core Consumer Prices 780 Index Points May/22
Core Inflation Rate 60.5 % Apr/22
CPI Housing Utilities 582 Index Points May/22
CPI Transportation 810 Index Points May/22
Inflation Expectations 50 % Jun/22
Producer Prices Change  54.4 % Apr/22


Trade Indicators

Indicator Data Period
Current Account to GDP 1 % 2021
Balance of Trade 356 USD Million | 0.356 USD Billion May/22
Capital Flows -1566 USD Million | -1.566 USD Billion 1Q/22
Current Account -1130 USD Million | -1.13 USD Billion 1Q/22
Exports 8226 USD Million | 8.226 USD Billion May/22
External Debt 274355 USD Million | 274.355 USD Billion 1Q/22
Foreign Exchange Reserves 32349 USD Million | 32.349 USD Billion May/22
Imports 7870 USD Million | 7.87 USD Billion May/22
Terms of Trade  154 Index Points 1Q/22
Tourist Arrivals 180121 Persons | 0.18 Million Persons Jan/22


Money Indicators

Indicator Data Period
Gold Reserves 61.74 Tonnes 1Q/22
Interbank Rate 40.28 % Jun/22
Interest Rate 52 % Jun/22
Money Supply M0 3767808 ARS Million | 29.814 USD Billion May/22
Money Supply M1 5240520 ARS Million | 41.468 USD Billion Apr/22
Money Supply M2 7779472 ARS Million | 61.558 USD Billion Apr/22
Money Supply M3 13860012 ARS Million | 109.672 USD Billion Apr/22
Central Bank Balance Sheet 17112974 USD Million | 17112.975 B USD Feb/22
Deposit Interest Rate 49.47 % Jul/22
Foreign Direct Investment 37.08 USD Million | 0.037 B USD May/22


Labor Indicators

Indicator Data Period
Minimum Wages 47850 ARS/Month | 378.631 USD/Month Aug/22
Unemployment Rate 7 % 1Q/22
Wages 161123 ARS/Month | 1274.945 USD/Month Dec/21
Employed Persons 12584 Thousand Person | 12.584 Million Person 1Q/22
Employment Rate  43.3 % 1Q/22
Labor Force Participation Rate 46.5 % 1Q/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 943 Thousand Persons | 0.943 Million Persons 1Q/22
Wage Growth  5.6 % Apr/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 560 BBL/D/1K Feb/22
Industrial Production 4.7 % Apr/22
Steel Production 388 Thousand Tonnes Dec/20
Car Production 46416 Units | 46.416 Units May/22
Industrial Production (MoM) 5 % Apr/22


Business Indicators

Indicator Data Period
Corruption Index 38 index points 2021
Corruption Rank 96 place 2021
Ease of Doing Business 126 place 2019
Competitiveness Index 57.2 Index Points 2019
Competitiveness Rank 83 2019
Leading Economic Index  -2 % May/22


Consumer Indicators

Indicator Data Period
Consumer Confidence 39.1 index points Jun/22
Retail Sales MoM 25.9 % Oct/15
Retail Sales YoY 231 % Apr/22
Consumer Spending 515855 ARS Million | 4.082 USD Billion 1Q/22
Households Debt To GDP 4.5 % 3Q/21