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Economy of Argentina. Statistics, Data and Indicators

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


Argentina Major Economic Indicators

Indicator Data Period
GDP Value 450 USD Billion 2019
GDP Annual Growth Rate -19.1 % 2Q/20
GDP Growth Rate -16.2 % 2Q/20
GDP per capita 9729 USD 2019
Inflation Rate YoY 36.6 % Sep/20
Interest Rate 38 % Jul/20
Unemployment Rate 13.1 % 2Q/20
Wages 61221 ARS/Month | 788.629 USD/Month Jul/20
Balance of Trade 1436 USD Million | 1.436 B USD Aug/20
Current Account 2840 USD Million | 2.84 B USD 2Q/20
Foreign Exchange Reserves 36910 USD Million | 36.91 B USD Aug/20


GDP
vvp
450
USD Billion
#27 from 174 countries
GDP per capita
vvp
9729
USD
#66 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 450 USD Billion 2019
GDP Annual Growth Rate -19.1 % 2Q/20
GDP Growth Rate -16.2 % 2Q/20
GDP per capita 9729 USD 2019
GDP Constant Prices 606993 ARS Million | 7.819 B USD 2Q/20
GDP per capita PPP 22034 USD 2019
GDP From Agriculture  92005 ARS Million | 1.185 B USD 2Q/20
GDP From Construction  10169 ARS Million | 0.131 B USD 2Q/20
GDP From Manufacturing  87856 ARS Million | 1.132 B USD 2Q/20
GDP From Mining  17787 ARS Million | 0.229 B USD 2Q/20
GDP From Public Administration  28997 ARS Million | 0.374 B USD 2Q/20
GDP From Services  71162 ARS Million | 0.917 B USD 2Q/20
GDP From Transport  45942 ARS Million | 0.592 B USD 2Q/20
GDP From Utilities  11444 ARS Million | 0.147 B USD 2Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 86.2 % 2018
Government Budget Value -89499 ARS Million | -1.153 USD Billion Aug/20
Government Spending 86822 ARS Million | 1.118 USD Billion 2Q/20
Government Revenues 660238 ARS Million | 8.505 USD Billion Aug/20
Fiscal Expenditure  805790 ARS Million | 10.38 B USD Aug/20
Government Budget to GDP -3.8 % 2019
Military Expenditure 5337 USD Million | 5.337 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 347 index points Sep/20
Export Prices 140 index points 2Q/20
Food Inflation 40.8 % Sep/20
Gasoline Prices 0.78 USD/Liter Sep/20
GDP Deflator 3890 index points 2Q/20
Import Prices 112 index points 2Q/20
Inflation Rate YoY 36.6 % Sep/20
Producer Prices 506 index points Aug/20
Inflation Rate Mom 2.8 % Sep/20
Core Consumer Prices 347 Index Points Sep/20
Core Inflation Rate 38.3 % Sep/20
CPI Housing Utilities 344 Index Points Sep/20
CPI Transportation 357 Index Points Sep/20
Inflation Expectations 45 % Oct/20
Producer Prices Change  35.8 % Aug/20


Trade Indicators

Indicator Data Period
Current Account to GDP -0.8 % 2019
Balance of Trade 1436 USD Million | 1.436 USD Billion Aug/20
Capital Flows 2521 USD Million | 2.521 USD Billion 2Q/20
Current Account 2840 USD Million | 2.84 USD Billion 2Q/20
Exports 4938 USD Million | 4.938 USD Billion Aug/20
External Debt 270826 USD Million | 270.826 USD Billion 2Q/20
Foreign Exchange Reserves 36910 USD Million | 36.91 USD Billion Aug/20
Imports 3502 USD Million | 3.502 USD Billion Aug/20
Terms of Trade  126 Index Points 2Q/20
Tourist Arrivals 969 Persons | 0.001 Million Persons Jul/20


Money Indicators

Indicator Data Period
Gold Reserves 61.7 Tonnes 2Q/20
Interbank Rate 15.36 % Sep/20
Interest Rate 38 % Jul/20
Money Supply M0 2393695 ARS Million | 30.835 USD Billion Sep/20
Money Supply M1 2880947 ARS Million | 37.111 USD Billion Aug/20
Money Supply M2 4153297 ARS Million | 53.501 USD Billion Aug/20
Money Supply M3 6998766 ARS Million | 90.156 USD Billion Aug/20
Central Bank Balance Sheet 11866402 USD Million | 11866.402 B USD Aug/20
Deposit Interest Rate 30.55 % Oct/20
Foreign Direct Investment 68.19 USD Million | 0.068 B USD Aug/20


Labor Indicators

Indicator Data Period
Minimum Wages 16875 ARS/Month | 217.378 USD/Month Aug/20
Unemployment Rate 13.1 % 2Q/20
Wages 61221 ARS/Month | 788.629 USD/Month Jul/20
Employed Persons 9546 Thousand Person | 9.546 Million Person 2Q/20
Employment Rate  33.4 % 2Q/20
Labor Force Participation Rate 38.4 % 2Q/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 1437 Thousand Persons | 1.437 Million Persons 2Q/20
Wage Growth  1.31 % Jul/20
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 417 BBL/D/1K Jun/20
Industrial Production -7.07 % Aug/20
Steel Production 336 Thousand Tonnes Aug/20
Car Production 32149 Units | 32.149 Units Sep/20
Industrial Production (MoM) -0.9 % Aug/20


Business Indicators

Indicator Data Period
Corruption Index 45 index points 2019
Corruption Rank 66 place 2019
Ease of Doing Business 126 place 2019
Competitiveness Index 57.2 Index Points 2019
Competitiveness Rank 83 2019
Leading Economic Index  0.1 % Aug/20


Consumer Indicators

Indicator Data Period
Consumer Confidence 40.3 index points Sep/20
Retail Sales MoM 25.9 % Oct/15
Retail Sales YoY -73 % Jul/20
Consumer Spending 415986 ARS Million | 5.359 USD Billion 2Q/20
Households Debt To GDP 5 % 1Q/20


Gold Reserves
gold_reserve_icon
61.7
Tonnes
#44 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
36.91
USD Billion
#39 from 114 countries


Government Budget Value
balance_icon
-1.153
USD Billion
#67 from 113 countries
Inflation Rate
inflation_icon
36.6
%
#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
13.1
%
#40 from 171 countries
Wages
salary_icon
788.629
USD/Month
#50 from 82 countries