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Economy of Argentina. Statistics, Data and Indicators

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


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
vvp
383
USD Billion
#27 from 174 countries
GDP per capita
vvp
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



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
gold_reserve_icon
61.74
Tonnes
#44 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
36.955
USD Billion
#39 from 114 countries


Government Budget Value
balance_icon
0.268
USD Billion
#67 from 113 countries
Inflation Rate
inflation_icon
50.2
%
#4 from 174 countries


Interest Rate
discount_rate_icon
38
%
#2 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
10.2
%
#40 from 171 countries
Wages
salary_icon
826.925
USD/Month
#50 from 82 countries