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 | 633 USD Billion | 2022 |
GDP Annual Growth Rate | -4.9 % | 2Q/23 |
GDP Growth Rate | -2.84 % | 2Q/23 |
GDP per capita | 12932 USD | 2022 |
Inflation Rate YoY | 124 % | Aug/23 |
Interest Rate | 118 % | Oct/23 |
Unemployment Rate | 6.2 % | 2Q/23 |
Wages | 456813 ARS/Month | 1304.847 USD/Month | Jun/23 |
Balance of Trade | -1011 USD Million | -1.011 B USD | Aug/23 |
Current Account | -6351 USD Million | -6.351 B USD | 2Q/23 |
Foreign Exchange Reserves | 21048 USD Million | 21.048 B USD | Aug/23 |
GDP Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 633 USD Billion | 2022 |
GDP Annual Growth Rate | -4.9 % | 2Q/23 |
GDP Growth Rate | -2.84 % | 2Q/23 |
GDP per capita | 12932 USD | 2022 |
GDP Constant Prices | 735428 ARS Million | 2.101 B USD | 2Q/23 |
GDP per capita PPP | 22447 USD | 2022 |
GDP From Agriculture | 50433 ARS Million | 0.144 B USD | 2Q/23 |
GDP From Construction | 22470 ARS Million | 0.064 B USD | 2Q/23 |
GDP From Manufacturing | 123090 ARS Million | 0.352 B USD | 2Q/23 |
GDP From Mining | 25574 ARS Million | 0.073 B USD | 2Q/23 |
GDP From Public Administration | 35654 ARS Million | 0.102 B USD | 2Q/23 |
GDP From Services | 99521 ARS Million | 0.284 B USD | 2Q/23 |
GDP From Transport | 54922 ARS Million | 0.157 B USD | 2Q/23 |
GDP From Utilities | 12531 ARS Million | 0.036 B USD | 2Q/23 |
Budget Indicators
Indicator | Data | Period |
---|---|---|
Government Debt to GDP | 86.2 % | 2018 |
Government Budget Value | -36964 ARS Million | -0.106 USD Billion | Aug/23 |
Government Spending | 100451 ARS Million | 0.287 USD Billion | 2Q/23 |
Government Revenues | 3650305 ARS Million | 10.427 USD Billion | Aug/23 |
Fiscal Expenditure | 805790 ARS Million | 9.111 B USD | Aug/20 |
Government Budget to GDP | -2.4 % | 2022 |
Military Expenditure | 2578 USD Million | 2.578 B USD | 2022 |
Inflation Indicators
Indicator | Data | Period |
---|---|---|
Consumer Price Index (CPI) | 2044 index points | Aug/23 |
Export Prices | 198 index points | 2Q/23 |
Food Inflation | 133 % | Aug/23 |
Gasoline Prices | 0.69 USD/Liter | Sep/23 |
GDP Deflator | 21646 index points | 2Q/23 |
Import Prices | 146 index points | 2Q/23 |
Inflation Rate YoY | 124 % | Aug/23 |
Producer Prices | 3274 index points | Aug/23 |
Inflation Rate Mom | 12.4 % | Aug/23 |
Core Consumer Prices | 2117 Index Points | Aug/23 |
Core Inflation Rate | 125 % | Aug/23 |
CPI Housing Utilities | 1503 Index Points | Aug/23 |
CPI Transportation | 1979 Index Points | Aug/23 |
Inflation Expectations | 100 % | Sep/23 |
Producer Prices Change | 127 % | Aug/23 |
Trade Indicators
Indicator | Data | Period |
---|---|---|
Current Account to GDP | -0.7 % | 2022 |
Balance of Trade | -1011 USD Million | -1.011 USD Billion | Aug/23 |
Capital Flows | -7567 USD Million | -7.567 USD Billion | 2Q/23 |
Current Account | -6351 USD Million | -6.351 USD Billion | 2Q/23 |
Exports | 5854 USD Million | 5.854 USD Billion | Aug/23 |
External Debt | 276201 USD Million | 276.201 USD Billion | 2Q/23 |
Foreign Exchange Reserves | 21048 USD Million | 21.048 USD Billion | Aug/23 |
Imports | 6865 USD Million | 6.865 USD Billion | Aug/23 |
Terms of Trade | 136 Index Points | 2Q/23 |
Tourist Arrivals | 652790 Persons | 0.653 Million Persons | Jul/23 |
Money Indicators
Indicator | Data | Period |
---|---|---|
Gold Reserves | 61.74 Tonnes | 2Q/23 |
Interbank Rate | 106 % | Sep/23 |
Interest Rate | 118 % | Oct/23 |
Money Supply M0 | 6828209 ARS Million | 19.504 USD Billion | Sep/23 |
Money Supply M1 | 10660304 ARS Million | 30.45 USD Billion | Jul/23 |
Money Supply M2 | 18158988 ARS Million | 51.87 USD Billion | Jul/23 |
Money Supply M3 | 34545044 ARS Million | 98.675 USD Billion | Jul/23 |
Central Bank Balance Sheet | 59791581184 USD Million | 59791580 B USD | Sep/23 |
Deposit Interest Rate | 114 % | Oct/23 |
Foreign Direct Investment | 224 USD Million | 0.224 B USD | Jun/23 |
Labor Indicators
Indicator | Data | Period |
---|---|---|
Minimum Wages | 132000 ARS/Month | 377.047 USD/Month | Oct/23 |
Unemployment Rate | 6.2 % | 2Q/23 |
Wages | 456813 ARS/Month | 1304.847 USD/Month | Jun/23 |
Employed Persons | 13108 Thousand Person | 13.108 Million Person | 2Q/23 |
Employment Rate | 44.6 % | 2Q/23 |
Labor Force Participation Rate | 47.6 % | 2Q/23 |
Living Wage Family | 14400 ARS/Month | 205.227 USD/Month | 2018 |
Living Wage Individual | 10400 ARS/Month | 148.22 USD/Month | 2018 |
Unemployed Persons | 872 Thousand Persons | 0.872 Million Persons | 2Q/23 |
Wage Growth | 10.8 % | Jul/23 |
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 % | 2023 |
Sales Tax Rate | 21 % | 2023 |
Social Security Rate | 37.4 % | 2023 |
Social Security Rate For Companies | 20.4 % | 2023 |
Social Security Rate For Employees | 17 % | 2023 |
Production Indicators
Indicator | Data | Period |
---|---|---|
Crude Oil Production | 626 BBL/D/1K | May/23 |
Industrial Production | -3.1 % | Aug/23 |
Steel Production | 388 Thousand Tonnes | Dec/20 |
Car Production | 56750 Units | 56.75 Units | Sep/23 |
Industrial Production (MoM) | 0.5 % | Aug/23 |
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 | 0.87 % | Aug/23 |
Consumer Indicators
Indicator | Data | Period |
---|---|---|
Consumer Confidence | 43.38 index points | Sep/23 |
Retail Sales MoM | 25.9 % | Oct/15 |
Retail Sales YoY | 138 % | Jul/23 |
Consumer Spending | 585127 ARS Million | 1.671 USD Billion | 2Q/23 |
Households Debt To GDP | 4 % | 1Q/23 |