Economy of Argentina. Statistics, Data and Indicators

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

Argentina Major Economic Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 450 USD Billion | 2019 |
GDP Annual Growth Rate | -10.2 % | 3Q/20 |
GDP Growth Rate | 12.8 % | 3Q/20 |
GDP per capita | 9729 USD | 2019 |
Inflation Rate YoY | 38.5 % | Jan/21 |
Interest Rate | 38 % | Dec/20 |
Unemployment Rate | 11.7 % | 3Q/20 |
Wages | 61221 ARS/Month | 676.492 USD/Month | Jul/20 |
Balance of Trade | 1068 USD Million | 1.068 B USD | Jan/21 |
Current Account | 1163 USD Million | 1.163 B USD | 3Q/20 |
Foreign Exchange Reserves | 34067 USD Million | 34.067 B USD | Jan/21 |
GDP

450
USD Billion
#27 from 174 countries
GDP per capita

9729
USD
#66 from 169 countries
GDP Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 450 USD Billion | 2019 |
GDP Annual Growth Rate | -10.2 % | 3Q/20 |
GDP Growth Rate | 12.8 % | 3Q/20 |
GDP per capita | 9729 USD | 2019 |
GDP Constant Prices | 613801 ARS Million | 6.782 B USD | 3Q/20 |
GDP per capita PPP | 22034 USD | 2019 |
GDP From Agriculture | 34766 ARS Million | 0.384 B USD | 3Q/20 |
GDP From Construction | 16084 ARS Million | 0.178 B USD | 3Q/20 |
GDP From Manufacturing | 106091 ARS Million | 1.172 B USD | 3Q/20 |
GDP From Mining | 19205 ARS Million | 0.212 B USD | 3Q/20 |
GDP From Public Administration | 29977 ARS Million | 0.331 B USD | 3Q/20 |
GDP From Services | 82148 ARS Million | 0.908 B USD | 3Q/20 |
GDP From Transport | 44758 ARS Million | 0.495 B USD | 3Q/20 |
GDP From Utilities | 12685 ARS Million | 0.14 B USD | 3Q/20 |
Budget Indicators
Indicator | Data | Period |
---|---|---|
Government Debt to GDP | 86.2 % | 2018 |
Government Budget Value | 24074 ARS Million | 0.266 USD Billion | Jan/21 |
Government Spending | 90825 ARS Million | 1.004 USD Billion | 3Q/20 |
Government Revenues | 744422 ARS Million | 8.226 USD Billion | Jan/21 |
Fiscal Expenditure | 805790 ARS Million | 9.111 B USD | Aug/20 |
Government Budget to GDP | -3.8 % | 2019 |
Military Expenditure | 3488 USD Million | 3.488 B USD | 2019 |
Inflation Indicators
Indicator | Data | Period |
---|---|---|
Consumer Price Index (CPI) | 402 index points | Jan/21 |
Export Prices | 152 index points | 4Q/20 |
Food Inflation | 42.3 % | Jan/21 |
Gasoline Prices | 0.83 USD/Liter | Feb/21 |
GDP Deflator | 4423 index points | 3Q/20 |
Import Prices | 110 index points | 4Q/20 |
Inflation Rate YoY | 38.5 % | Jan/21 |
Producer Prices | 654 index points | Jan/21 |
Inflation Rate Mom | 4 % | Jan/21 |
Core Consumer Prices | 406 Index Points | Jan/21 |
Core Inflation Rate | 41.4 % | Jan/21 |
CPI Housing Utilities | 376 Index Points | Jan/21 |
CPI Transportation | 423 Index Points | Jan/21 |
Inflation Expectations | 40 % | Feb/21 |
Producer Prices Change | 46.6 % | Jan/21 |
Trade Indicators
Indicator | Data | Period |
---|---|---|
Current Account to GDP | -0.8 % | 2019 |
Balance of Trade | 1068 USD Million | 1.068 USD Billion | Jan/21 |
Capital Flows | 1223 USD Million | 1.223 USD Billion | 3Q/20 |
Current Account | 1163 USD Million | 1.163 USD Billion | 3Q/20 |
Exports | 4912 USD Million | 4.912 USD Billion | Jan/21 |
External Debt | 272852 USD Million | 272.852 USD Billion | 3Q/20 |
Foreign Exchange Reserves | 34067 USD Million | 34.067 USD Billion | Jan/21 |
Imports | 3844 USD Million | 3.844 USD Billion | Jan/21 |
Terms of Trade | 138 Index Points | 4Q/20 |
Tourist Arrivals | 7367 Persons | 0.007 Million Persons | Nov/20 |
Money Indicators
Indicator | Data | Period |
---|---|---|
Gold Reserves | 61.74 Tonnes | 4Q/20 |
Interbank Rate | 30.46 % | Feb/21 |
Interest Rate | 38 % | Dec/20 |
Money Supply M0 | 2408886 ARS Million | 26.618 USD Billion | Feb/21 |
Money Supply M1 | 3363133 ARS Million | 37.163 USD Billion | Dec/20 |
Money Supply M2 | 4897959 ARS Million | 54.122 USD Billion | Dec/20 |
Money Supply M3 | 7947442 ARS Million | 87.819 USD Billion | Dec/20 |
Central Bank Balance Sheet | 11866402 USD Million | 11866.402 B USD | Aug/20 |
Deposit Interest Rate | 34.74 % | Mar/21 |
Foreign Direct Investment | 71.31 USD Million | 0.071 B USD | Jan/21 |
Labor Indicators
Indicator | Data | Period |
---|---|---|
Minimum Wages | 21600 ARS/Month | 238.68 USD/Month | Mar/21 |
Unemployment Rate | 11.7 % | 3Q/20 |
Wages | 61221 ARS/Month | 676.492 USD/Month | Jul/20 |
Employed Persons | 10658 Thousand Person | 10.658 Million Person | 3Q/20 |
Employment Rate | 37.4 % | 3Q/20 |
Labor Force Participation Rate | 42.3 % | 3Q/20 |
Living Wage Family | 14400 ARS/Month | 205.227 USD/Month | 2018 |
Living Wage Individual | 10400 ARS/Month | 148.22 USD/Month | 2018 |
Unemployed Persons | 1415 Thousand Persons | 1.415 Million Persons | 3Q/20 |
Wage Growth | 1.6 % | Dec/20 |
Wages High Skilled | 20500 ARS/Month | 292.164 USD/Month | 2018 |
Wages Low Skilled | 10500 ARS/Month | 149.645 USD/Month | 2018 |
Taxes
Indicator | Data | Period |
---|---|---|
Corporate Tax Rate | 30 % | 2020 |
Personal Income Tax Rate | 35 % | 2020 |
Sales Tax Rate | 21 % | 2020 |
Social Security Rate | 37.4 % | 2020 |
Social Security Rate For Companies | 20.4 % | 2020 |
Social Security Rate For Employees | 17 % | 2020 |
Production Indicators
Indicator | Data | Period |
---|---|---|
Crude Oil Production | 399 BBL/D/1K | Nov/20 |
Industrial Production | 4.45 % | Jan/21 |
Steel Production | 388 Thousand Tonnes | Dec/20 |
Car Production | 21809 Units | 21.809 Units | Feb/21 |
Industrial Production (MoM) | 3.5 % | Nov/20 |
Business Indicators
Indicator | Data | Period |
---|---|---|
Corruption Index | 42 index points | 2020 |
Corruption Rank | 78 place | 2020 |
Ease of Doing Business | 126 place | 2019 |
Competitiveness Index | 57.2 Index Points | 2019 |
Competitiveness Rank | 83 | 2019 |
Leading Economic Index | -0.8 % | Jan/21 |
Consumer Indicators
Indicator | Data | Period |
---|---|---|
Consumer Confidence | 37.8 index points | Feb/21 |
Retail Sales MoM | 25.9 % | Oct/15 |
Retail Sales YoY | 5.1 % | Dec/20 |
Consumer Spending | 408287 ARS Million | 4.512 USD Billion | 3Q/20 |
Households Debt To GDP | 5.2 % | 3Q/20 |
Gold Reserves

61.74
Tonnes
#44 from 114 countries
Foreign Exchange Reserves

34.067
USD Billion
#39 from
114 countries
Government Budget Value

0.266
USD Billion
#67 from 113 countries
Inflation Rate

38.5
%
#4 from
174 countries
Interest Rate

38
%
#2 from
159 countries
Bank Lending Rate

N/A%
#N/A from
N/A countries
Unemployment Rate

11.7
%
#40 from
171 countries
Wages

676.492
USD/Month
#50 from
82 countries