Argentina Full Year GDP GrowthArgentina Full Year GDP GrowthArgentina Full Year GDP Growth

Argentina Full Year GDP Growth

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Key data points


Last release
Observation period
2023
Next release
Forecast
Highest
10.30% on Dec 31, 2021
Lowest
−9.90% on Dec 31, 2020

About Argentina Full Year GDP Growth


Category
GDP
Frequency
Annual
Units
%
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.