Argentina GDP Annual Growth Rate

Last Release

Dec 31, 2022

Actual

1.9

Units In

5.9

Frequency

Quarterly

Next Release

Sep 17, 2025

Time to Release

2 Months 23 Days 20 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 5.8% year-on-year in the March quarter of 2025, below the 6.1% analysts had expected and extending the recovery that began with a 2.6% expansion in Q4 2024 after six straight quarters of contraction. The rebound was led by agriculture (3.7% vs. 1.6% in Q4 2024) as the effects of last year’s historic drought eased, alongside robust gains in construction (6.1% vs. -12.4%), manufacturing (5.1% vs. 0.7%), wholesale and retail trade (7.3% vs. 2.5%), transportation (2.6% vs. 2.0%) and financial intermediation (27.2% vs. 8.4%). On a quarter-on-quarter basis, GDP rose 0.8%, following a 2.0% gain in Q4.