Argentina GDP Annual Growth Rate

Last Release

Dec 31, 2022

Actual

1.9

Units In

5.9

Frequency

Quarterly

Next Release

Mar 19, 2026

Time to Release

2 Months 30 Days 18 Hours

Highest	Lowest	Average	Date Range	Source
17.9 Jun 2021	-19 Jun 2020	2.19 %	1994-2022	N/A

Argentina is the third largest economy in Latin America. The services sector is the most important and accounts for 64 percent of total GDP. The biggest segments within Services are: wholesale and retail trade and repairs (14 percent of total GDP); transport, warehousing and communications (12.2 percent); real estate (12 percent); education, health and social services (7.2 percent) and financial intermediation (7 percent). Industry constitutes 25 percent of the GDP and the largest segments within this sector are: manufacturing (16 percent of total GDP); construction (5 percent) and electricity, water and gas distribution (3 percent). The government fuels 7 percent of the GDP and the agriculture and fishing sector accounts for the remaining 4 percent of GDP.

Latest Updates

Argentina’s economy grew by 3.3% year-on-year in the September quarter of 2025, falling short of expectations of 3.5% and slowing from an upwardly revised 6.4% increase in the previous quarter. The slowdown was driven by renewed weakness across several key sectors, with manufacturing production contracting (-2.4% vs. 6.9% in Q2) and wholesale and retail trade slowing markedly (0.6% vs. 10.3%). Growth in agriculture also cooled significantly (0.8% vs. 4.8%) as the post drought rebound faded, while utilities remained in contraction (-0.8% vs. -1.1%). By contrast, some areas showed resilience, with transportation and communications accelerating slightly (1.8% vs. 1.4%) and financial intermediation posting strong gains (28.4% vs. 26.7%). On a quarterly basis, Argentina’s GDP rose 0.3%, reversing a 0.1% contraction in the previous period.