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Argentina GDP Annual Growth Rate

Argentina's GDP annual growth rate fell to -1.72% in 2024, down from -1.61% in 2023, according to World Bank. This represents a decrease of 0.11% from the previous year. Argentina has the 10th lowest GDP annual growth rate. Within Americas, it ranks 41st out of 44 countries.

Argentina's real GDP fell to $578.83 billion in 2024, down from $588.96 billion in 2023.

Yearly Historical Data (1961-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 -1.72%
2023 -1.61%
2022 5.27%
2021 10.44%
2020 -9.9%
2019 -2%
2018 -2.62%
2017 2.82%
2016 -2.08%
2015 2.73%
2014 -2.51%
2013 2.41%
2012 -1.03%
2011 6%
2010 10.13%
2009 -5.92%
2008 4.06%
2007 9.01%
2006 8.05%
2005 8.85%
2004 9.03%
2003 8.84%
2002 -10.89%
2001 -4.41%
2000 -0.79%
1999 -3.39%
1998 3.85%
1997 8.11%
1996 5.53%
1995 -2.85%
1994 5.84%
1993 8.21%
1992 7.94%
1991 9.13%
1990 -2.47%
1989 -7.16%
1988 -1.09%
1987 2.7%
1986 6.15%
1985 -5.19%
1984 1.57%
1983 4.35%
1982 -0.74%
1981 -5.19%
1980 1.52%
1979 10.22%
1978 -4.51%
1977 6.93%
1976 -2.02%
1975 -0.03%
1974 5.53%
1973 2.81%
1972 1.63%
1971 5.66%
1970 3.05%
1969 9.68%
1968 4.82%
1967 3.19%
1966 -0.66%
1965 10.57%
1964 10.13%
1963 -5.31%
1962 -0.85%
1961 5.43%
Argentina GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Argentina's total economic output.
Indicator Last Value Prior Value Period
GDP $633.27B $646.08B 2024
GDP Growth Rate (QoQ) -0.1% 0.8% Jun'25
GDP Growth Rate (YoY) 6.3% 5.8% Jun'25
GDP per Capita $12,667.03 $12,933.25 2024
GDP per Capita PPP $26,547.05 $27,104.98 2024
R&D Expenditure (% GDP) 0.55% 0.52% 2022
Real GDP $578.83B $588.96B 2024