Economy of Argentina. Statistics, Data and Indicators
Argentina
| 15B+ | Credit rank #104 |
| 131.85 | Quality of life #41 |
| 94 | Corruption rank#76 |
| 126 | Ease of doing business#108 |
Argentina Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 487 USD Billion | 2021 |
| GDP Annual Growth Rate | 5.9 % | 3Q/22 |
| GDP Growth Rate | 1.7 % | 3Q/22 |
| GDP per capita | 12402 USD | 2021 |
| Inflation Rate YoY | 94.8 % | Dec/22 |
| Interest Rate | 75 % | Jan/23 |
| Unemployment Rate | 7.1 % | 3Q/22 |
| Wages | 188293 ARS/Month | 1006.909 USD/Month | Oct/22 |
| Balance of Trade | 1102 USD Million | 1.102 B USD | Dec/22 |
| Current Account | -3031 USD Million | -3.031 B USD | 3Q/22 |
| Foreign Exchange Reserves | 35448 USD Million | 35.448 B USD | Dec/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 487 USD Billion | 2021 |
| GDP Annual Growth Rate | 5.9 % | 3Q/22 |
| GDP Growth Rate | 1.7 % | 3Q/22 |
| GDP per capita | 12402 USD | 2021 |
| GDP Constant Prices | 727598 ARS Million | 3.891 B USD | 3Q/22 |
| GDP per capita PPP | 21527 USD | 2021 |
| GDP From Agriculture | 34610 ARS Million | 0.185 B USD | 3Q/22 |
| GDP From Construction | 22694 ARS Million | 0.121 B USD | 3Q/22 |
| GDP From Manufacturing | 128078 ARS Million | 0.685 B USD | 3Q/22 |
| GDP From Mining | 24815 ARS Million | 0.133 B USD | 3Q/22 |
| GDP From Public Administration | 35045 ARS Million | 0.187 B USD | 3Q/22 |
| GDP From Services | 98361 ARS Million | 0.526 B USD | 3Q/22 |
| GDP From Transport | 54467 ARS Million | 0.291 B USD | 3Q/22 |
| GDP From Utilities | 12901 ARS Million | 0.069 B USD | 3Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 86.2 % | 2018 |
| Government Budget Value | -441512 ARS Million | -2.361 USD Billion | Dec/22 |
| Government Spending | 95486 ARS Million | 0.511 USD Billion | 3Q/22 |
| Government Revenues | 2555334 ARS Million | 13.665 USD Billion | Dec/22 |
| Fiscal Expenditure | 805790 ARS Million | 9.111 B USD | Aug/20 |
| Government Budget to GDP | -4.5 % | 2021 |
| Military Expenditure | 2592 USD Million | 2.592 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 1135 index points | Dec/22 |
| Export Prices | 214 index points | 3Q/22 |
| Food Inflation | 95 % | Dec/22 |
| Gasoline Prices | 0.84 USD/Liter | Jan/23 |
| GDP Deflator | 12294 index points | 3Q/22 |
| Import Prices | 158 index points | 3Q/22 |
| Inflation Rate YoY | 94.8 % | Dec/22 |
| Producer Prices | 1828 index points | Dec/22 |
| Inflation Rate Mom | 5.1 % | Dec/22 |
| Core Consumer Prices | 1154 Index Points | Dec/22 |
| Core Inflation Rate | 90.6 % | Dec/22 |
| CPI Housing Utilities | 860 Index Points | Dec/22 |
| CPI Transportation | 1187 Index Points | Dec/22 |
| Inflation Expectations | 80 % | Jan/23 |
| Producer Prices Change | 89.7 % | Nov/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 1 % | 2021 |
| Balance of Trade | 1102 USD Million | 1.102 USD Billion | Dec/22 |
| Capital Flows | -3227 USD Million | -3.227 USD Billion | 3Q/22 |
| Current Account | -3031 USD Million | -3.031 USD Billion | 3Q/22 |
| Exports | 6119 USD Million | 6.119 USD Billion | Dec/22 |
| External Debt | 271776 USD Million | 271.776 USD Billion | 3Q/22 |
| Foreign Exchange Reserves | 35448 USD Million | 35.448 USD Billion | Dec/22 |
| Imports | 5017 USD Million | 5.017 USD Billion | Dec/22 |
| Terms of Trade | 135 Index Points | 3Q/22 |
| Tourist Arrivals | 483243 Persons | 0.483 Million Persons | Nov/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 61.74 Tonnes | 3Q/22 |
| Interbank Rate | 67.51 % | Dec/22 |
| Interest Rate | 75 % | Jan/23 |
| Money Supply M0 | 5203751 ARS Million | 27.827 USD Billion | Dec/22 |
| Money Supply M1 | 7204667 ARS Million | 38.527 USD Billion | Nov/22 |
| Money Supply M2 | 11122812 ARS Million | 59.48 USD Billion | Nov/22 |
| Money Supply M3 | 20815364 ARS Million | 111.311 USD Billion | Nov/22 |
| Central Bank Balance Sheet | 31738992640 USD Million | 31738994 B USD | Dec/22 |
| Deposit Interest Rate | 69.55 % | Feb/23 |
| Foreign Direct Investment | 37.48 USD Million | 0.037 B USD | Nov/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 69500 ARS/Month | 371.656 USD/Month | Mar/23 |
| Unemployment Rate | 7.1 % | 3Q/22 |
| Wages | 188293 ARS/Month | 1006.909 USD/Month | Oct/22 |
| Employed Persons | 12922 Thousand Person | 12.922 Million Person | 3Q/22 |
| Employment Rate | 44.2 % | 3Q/22 |
| Labor Force Participation Rate | 47.6 % | 3Q/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 | 989 Thousand Persons | 0.989 Million Persons | 3Q/22 |
| Wage Growth | 5.3 % | Oct/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 % | 2022 |
| Personal Income Tax Rate | 35 % | 2022 |
| Sales Tax Rate | 21 % | 2022 |
| Social Security Rate | 37.4 % | 2022 |
| Social Security Rate For Companies | 20.4 % | 2022 |
| Social Security Rate For Employees | 17 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 594 BBL/D/1K | Sep/22 |
| Industrial Production | 1.4 % | Nov/22 |
| Steel Production | 388 Thousand Tonnes | Dec/20 |
| Car Production | 37119 Units | 37.119 Units | Dec/22 |
| Industrial Production (MoM) | 0.8 % | Nov/22 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 38 index points | 2022 |
| Corruption Rank | 94 place | 2022 |
| Ease of Doing Business | 126 place | 2019 |
| Competitiveness Index | 57.2 Index Points | 2019 |
| Competitiveness Rank | 83 | 2019 |
| Leading Economic Index | 0.1 % | Dec/22 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | 39 index points | Jan/23 |
| Retail Sales MoM | 25.9 % | Oct/15 |
| Retail Sales YoY | 120 % | Nov/22 |
| Consumer Spending | 504726 ARS Million | 2.699 USD Billion | 3Q/22 |
| Households Debt To GDP | 4.4 % | 2Q/22 |
