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 | 383 USD Billion | 2020 |
| GDP Annual Growth Rate | 2.5 % | 1Q/21 |
| GDP Growth Rate | 2.6 % | 1Q/21 |
| GDP per capita | 8693 USD | 2020 |
| Inflation Rate YoY | 50.2 % | Jun/21 |
| Interest Rate | 38 % | May/21 |
| Unemployment Rate | 10.2 % | 1Q/21 |
| Wages | 79311 ARS/Month | 826.925 USD/Month | Feb/21 |
| Balance of Trade | 1623 USD Million | 1.623 B USD | May/21 |
| Current Account | 690 USD Million | 0.69 B USD | 1Q/21 |
| Foreign Exchange Reserves | 36955 USD Million | 36.955 B USD | May/21 |
GDP
383
USD Billion
#27 from 174 countries
GDP per capita
8693
USD
#66 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 383 USD Billion | 2020 |
| GDP Annual Growth Rate | 2.5 % | 1Q/21 |
| GDP Growth Rate | 2.6 % | 1Q/21 |
| GDP per capita | 8693 USD | 2020 |
| GDP Constant Prices | 648176 ARS Million | 6.758 B USD | 1Q/21 |
| GDP per capita PPP | 19687 USD | 2020 |
| GDP From Agriculture | 39562 ARS Million | 0.412 B USD | 1Q/21 |
| GDP From Construction | 21196 ARS Million | 0.221 B USD | 1Q/21 |
| GDP From Manufacturing | 103274 ARS Million | 1.077 B USD | 1Q/21 |
| GDP From Mining | 19857 ARS Million | 0.207 B USD | 1Q/21 |
| GDP From Public Administration | 32025 ARS Million | 0.334 B USD | 1Q/21 |
| GDP From Services | 84352 ARS Million | 0.879 B USD | 1Q/21 |
| GDP From Transport | 47043 ARS Million | 0.49 B USD | 1Q/21 |
| GDP From Utilities | 12299 ARS Million | 0.128 B USD | 1Q/21 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 86.2 % | 2018 |
| Government Budget Value | 25714 ARS Million | 0.268 USD Billion | May/21 |
| Government Spending | 90357 ARS Million | 0.942 USD Billion | 1Q/21 |
| Government Revenues | 806798 ARS Million | 8.412 USD Billion | Apr/21 |
| Fiscal Expenditure | 805790 ARS Million | 9.111 B USD | Aug/20 |
| Government Budget to GDP | -8.5 % | 2020 |
| Military Expenditure | 3143 USD Million | 3.143 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 484 index points | Jun/21 |
| Export Prices | 171 index points | 1Q/21 |
| Food Inflation | 53.2 % | Jun/21 |
| Gasoline Prices | 0.94 USD/Liter | Jun/21 |
| GDP Deflator | 5690 index points | 1Q/21 |
| Import Prices | 116 index points | 1Q/21 |
| Inflation Rate YoY | 50.2 % | Jun/21 |
| Producer Prices | 774 index points | May/21 |
| Inflation Rate Mom | 3.2 % | Jun/21 |
| Core Consumer Prices | 495 Index Points | Jun/21 |
| Core Inflation Rate | 54.5 % | Jun/21 |
| CPI Housing Utilities | 420 Index Points | Jun/21 |
| CPI Transportation | 534 Index Points | Jun/21 |
| Inflation Expectations | 45 % | Jun/21 |
| Producer Prices Change | 72.6 % | May/21 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 1 % | 2020 |
| Balance of Trade | 1623 USD Million | 1.623 USD Billion | May/21 |
| Capital Flows | 771 USD Million | 0.771 USD Billion | 1Q/21 |
| Current Account | 690 USD Million | 0.69 USD Billion | 1Q/21 |
| Exports | 6764 USD Million | 6.764 USD Billion | May/21 |
| External Debt | 269508 USD Million | 269.508 USD Billion | 1Q/21 |
| Foreign Exchange Reserves | 36955 USD Million | 36.955 USD Billion | May/21 |
| Imports | 5141 USD Million | 5.141 USD Billion | May/21 |
| Terms of Trade | 147 Index Points | 1Q/21 |
| Tourist Arrivals | 11116 Persons | 0.011 Million Persons | Feb/21 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 61.74 Tonnes | 1Q/21 |
| Interbank Rate | 31.72 % | Jun/21 |
| Interest Rate | 38 % | May/21 |
| Money Supply M0 | 2735557 ARS Million | 28.522 USD Billion | Jun/21 |
| Money Supply M1 | 3678270 ARS Million | 38.351 USD Billion | May/21 |
| Money Supply M2 | 5221607 ARS Million | 54.442 USD Billion | May/21 |
| Money Supply M3 | 62241 ARS Million | 0.649 USD Billion | May/21 |
| Central Bank Balance Sheet | 15105636 USD Million | 15105.636 B USD | Apr/21 |
| Deposit Interest Rate | 34.16 % | Jul/21 |
| Foreign Direct Investment | 52.55 USD Million | 0.053 B USD | May/21 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 25920 ARS/Month | 270.251 USD/Month | Jul/21 |
| Unemployment Rate | 10.2 % | 1Q/21 |
| Wages | 79311 ARS/Month | 826.925 USD/Month | Feb/21 |
| Employed Persons | 11982 Thousand Person | 11.982 Million Person | 1Q/21 |
| Employment Rate | 41.6 % | 1Q/21 |
| Labor Force Participation Rate | 46.3 % | 1Q/21 |
| Living Wage Family | 14400 ARS/Month | 205.227 USD/Month | 2018 |
| Living Wage Individual | 10400 ARS/Month | 148.22 USD/Month | 2018 |
| Unemployed Persons | 1355 Thousand Persons | 1.355 Million Persons | 1Q/21 |
| Wage Growth | 4.74 % | Apr/21 |
| 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 | 472 BBL/D/1K | Mar/21 |
| Industrial Production | 30.2 % | May/21 |
| Steel Production | 388 Thousand Tonnes | Dec/20 |
| Car Production | 40035 Units | 40.035 Units | Jun/21 |
| Industrial Production (MoM) | -5 % | May/21 |
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 | -1.61 % | May/21 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | 34.6 index points | Jun/21 |
| Retail Sales MoM | 25.9 % | Oct/15 |
| Retail Sales YoY | 3749 % | Apr/21 |
| Consumer Spending | 459514 ARS Million | 4.791 USD Billion | 1Q/21 |
| Households Debt To GDP | 5.6 % | 4Q/20 |
Gold Reserves
61.74
Tonnes
#44 from 114 countries
Foreign Exchange Reserves
36.955
USD Billion
#39 from
114 countries
Government Budget Value
0.268
USD Billion
#67 from 113 countries
Inflation Rate
50.2
%
#4 from
174 countries
Interest Rate
38
%
#2 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
10.2
%
#40 from
171 countries
Wages
826.925
USD/Month
#50 from
82 countries
