Economy of Argentina. Statistics, Data and Indicators
Argentina
| 15B+ | Credit rank #104 |
| 131.85 | Quality of life #41 |
| 96 | Corruption rank#76 |
| 126 | Ease of doing business#108 |
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
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 25 % | 2021 |
| Personal Income Tax Rate | 35 % | 2021 |
| Sales Tax Rate | 21 % | 2021 |
| Social Security Rate | 37.4 % | 2021 |
| Social Security Rate For Companies | 20.4 % | 2021 |
| Social Security Rate For Employees | 17 % | 2021 |
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 |
