Argentina Economic Statistics and Indicators

01, Jul 2015, EDT. Welcome to the Argentina economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Argentina › Change country
National or Regional Currency: Argentine Peso, ARP
Year of data: 2014 › Change year
Number of Indicators Listed: 35
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 43,024,374 (July 2014 est.)
Area: total: 2,780,400 sq km ; land: 2,736,690 sq km ; water: 43,710 sq km
Natural Resources: fertile plains of the pampas, lead, zinc, tin, copper, iron ore, manganese, petroleum, uranium
Capital: name: Buenos Aires ; geographic coordinates: 34 35 S, 58 40 W ; time difference: UTC-3 (2 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: none scheduled for 2014

Argentina benefits from rich natural resources, a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Although one of the world's wealthiest countries 100 years ago, Argentina suffered during most of the 20th century from recurring economic crises, persistent fiscal and current account deficits, high inflation, mounting external debt, and capital flight. A severe depression, growing public and external indebtedness, and an unprecedented bank run culminated in 2001 in the most serious economic, social, and political crisis in the country's turbulent history. Interim President Adolfo RODRIGUEZ SAA declared a default - at the time the largest ever - on the government's foreign debt in December of that year, and abruptly resigned only a few days after taking office. His successor, Eduardo DUHALDE, announced an end to the peso's decade-long 1-to-1 peg to the US dollar in early 2002. The economy bottomed out that year, with real GDP 18% smaller than in 1998 and almost 60% of Argentines under the poverty line. Real GDP rebounded to grow by an average 8.5% annually over the subsequent six years, taking advantage of previously idled industrial capacity and labor, an audacious debt restructuring and reduced debt burden, excellent international financial conditions, and expansionary monetary and fiscal policies. Inflation also increased, however, during the administration of President Nestor KIRCHNER, which responded with price restraints on businesses, as well as export taxes and restraints, and beginning in 2007, with understating inflation data. Cristina FERNANDEZ DE KIRCHNER succeeded her husband as President in late 2007, and the rapid economic growth of previous years began to slow sharply the following year as government policies held back exports and the world economy fell into recession. The economy in 2010 rebounded strongly from the 2009 recession, but has slowed since late 2011 even as the government continued to rely on expansionary fiscal and monetary policies, which have kept inflation in the double digits. The government expanded state intervention in the economy throughout 2012. In May 2012 the Congress approved the nationalization of the oil company YPF from Spain's Repsol. The government expanded formal and informal measures to restrict imports during the year, including a requirement for pre-registration and pre-approval of all imports. In July 2012 the government also further tightened currency controls in an effort to bolster foreign reserves and stem capital flight. During 2013, the government continued with a mix expansionary fiscal and monetary policies and foreign exchange and imports controls to limit the drain in Central Bank foreign reserves, which nevertheless dropped US $12 billion during the year. GDP grew 3% and inflation remained steady at 25%, according to private estimates. In October 2013, the government settled long-standing international arbitral disputes (including with three US firms) dating back to before and following the 2002 Argentine financial crisis. In early 2014, the government embraced a series of more orthodox economic policies. It devalued the peso 20%, substantially tightened monetary and fiscal policies, and took measures to mend ties with the international financial community, including: engaging with the IMF to improve its economic data reporting, reaching a compensation agreement with Repsol for the expropriation of YPF, and presenting a proposal to pay its arrears to the Paris Club.
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Economic Indicator Listing
  For Argentina in year 2014 Indicator Value
GDP Growth (Constant Prices, National Currency) -1.7 %
GDP (Current Prices, National Currency)ARP 4,413.31 Billion.
GDP (Current Prices, US Dollars)US$ 536.155 Billion
GDP Deflator 516.269 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)ARP 20,372.65 .
GDP Per Capita (Current Prices, National Currency)ARP 105,177.73 .
GDP Per Capita (Current Prices, US Dollars)US$ 12,777.62
GDP (PPP), US DollarsUS$ 927.382 Billion
GDP Per Capita (PPP), US DollarsUS$ 22,101.30
GDP Share of World Total (PPP) 0.867 %
Implied PPP Conversion Rate 4.759
Investment (% of GDP) 17.963 %
Gross National Savings (% of GDP) 17.141 %
Inflation, Average Consumer Prices (Indexed to Year 2000) n/a (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) n/a %
Inflation, End of Year (Indexed to Year 2000) n/a (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) n/a %
Import Volume of All Items Including Goods and Services (Percent Change) -4.879 %
Import Volumes of Goods Only (Percent Change) -4.979 %
Export Volume of All Items Including Goods and Services (Percent Change) 0.345 %
Export Volumes of Goods Only (Percent Change) 0.337 %
Unemployment Rate (% of Labour Force) 8.829 %
Population 41.961 Million
General government revenue (National Currency)ARP 1,561.16 Billions.
General government revenue (% of GDP) 35.374 %
General government total expenditure (National Currency)ARP 1,759.03 Billions.
General government total expenditure (% of GDP) 39.857 %
Total Government Net Lending/ Borrowing (National Currency)ARP -197.867 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -4.483 %
General Government Structural Balance (National Currency)ARP -210.583 Billion.
General Government Structural Balance (% Potential GDP) -4.809 %
Fiscal Year Gross Domestic Product, Current PricesARP 4,413.31 Billions.
Current Account Balance (US Dollars)US$ -4.409 Billion
Current Account Balance (% GDP) -0.822 %
Economic Indicators for Argentina 2014

GDP (Constant Prices, National Currency) for Argentina in year 2014 is ARP 854.847 Billion.

GDP Growth (Constant Prices, National Currency) for Argentina in year 2014 is -1.7 %.

GDP (Current Prices, National Currency) for Argentina in year 2014 is ARP 4,413.31 Billion.

GDP (Current Prices, US Dollars) for Argentina in year 2014 is US$ 536.155 Billion.

GDP Deflator for Argentina in year 2014 is 516.269 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Argentina in year 2014 is ARP 20,372.65 .

GDP Per Capita (Current Prices, National Currency) for Argentina in year 2014 is ARP 105,177.73 .

GDP Per Capita (Current Prices, US Dollars) for Argentina in year 2014 is US$ 12,777.62 .

GDP (PPP), US Dollars for Argentina in year 2014 is US$ 927.382 Billion.

GDP Per Capita (PPP), US Dollars for Argentina in year 2014 is US$ 22,101.30 .

GDP Share of World Total (PPP) for Argentina in year 2014 is 0.867 %.

Implied PPP Conversion Rate for Argentina in year 2014 is 4.759 .

Investment (% of GDP) for Argentina in year 2014 is 17.963 %.

Gross National Savings (% of GDP) for Argentina in year 2014 is 17.141 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Argentina in year 2014 is n/a (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Argentina in year 2014 is n/a %.

Inflation, End of Year (Indexed to Year 2000) for Argentina in year 2014 is n/a (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Argentina in year 2014 is n/a %.

Import Volume of All Items Including Goods and Services (Percent Change) for Argentina in year 2014 is -4.879 %.

Import Volumes of Goods Only (Percent Change) for Argentina in year 2014 is -4.979 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Argentina in year 2014 is 0.345 %.

Export Volumes of Goods Only (Percent Change) for Argentina in year 2014 is 0.337 %.

Unemployment Rate (% of Labour Force) for Argentina in year 2014 is 8.829 %.

Population for Argentina in year 2014 is 41.961 Million .

General government revenue (National Currency) for Argentina in year 2014 is ARP 1,561.16 Billions.

General government revenue (% of GDP) for Argentina in year 2014 is 35.374 %.

General government total expenditure (National Currency) for Argentina in year 2014 is ARP 1,759.03 Billions.

General government total expenditure (% of GDP) for Argentina in year 2014 is 39.857 %.

Total Government Net Lending/ Borrowing (National Currency) for Argentina in year 2014 is ARP -197.867 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Argentina in year 2014 is -4.483 %.

General Government Structural Balance (National Currency) for Argentina in year 2014 is ARP -210.583 Billion.

General Government Structural Balance (% Potential GDP) for Argentina in year 2014 is -4.809 %.

Fiscal Year Gross Domestic Product, Current Prices for Argentina in year 2014 is ARP 4,413.31 Billions.

Current Account Balance (US Dollars) for Argentina in year 2014 is US$ -4.409 Billion.

Current Account Balance (% GDP) for Argentina in year 2014 is -0.822 %.

* Source: IMF
Aggregate Indicators for Argentina
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Argentina
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Argentina
  Natural Resources, Agricultural Products, Land Use and Water Use for Argentina
  Nationality, Ethnic Groups, Languages and Religions for Argentina
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Argentina
  Age Structure, Median Age, Gender and Urbanization for Argentina
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Argentina
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Argentina
  HIV, AIDS and Other Major Infectious Disease Rates for Argentina
  Literacy Rate, Educational Expenditure and School Life Expectancy for Argentina
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Argentina
  Industries and Industrial Growth Production Rate for Argentina
  Labor Force by Occupation for Argentina
  Poverty Line, Gini Index, Household Income and Consumption for Argentina
  National Budget and Public Debt for Argentina
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Argentina
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Argentina
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Argentina
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Argentina
  Foreign Exchange Reserves and Gold Reserves for Argentina
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Argentina
  Exchange Rate Statistics for Argentina
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Argentina
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Argentina
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Argentina
  Television and Radio Statistics (TV Stats, Radio Stats) for Argentina
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Argentina
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Argentina
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Argentina
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Argentina
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Argentina
* Source: CIA
Internet Indicators for Argentina
Indicators
  Number of Internet Users for Argentina
  Internet Penetration Rate for Argentina
  Number of Facebook Accounts for Argentina
  Facebook Penetration Rate for Argentina
* Source: IWS
Economic Freedom Indicators for Argentina
Indicators
  Economic Freedom World Rank for Argentina
  Economic Freedom Regional Ranking for Argentina
  Business Freedom for Argentina
  Trade Freedom for Argentina
  Fiscal Freedom for Argentina
  Government Spending for Argentina
  Monetary Freedom for Argentina
  Investment Freedom for Argentina
  Financial Freedom for Argentina
  Property Rights for Argentina
  Freedom from Corruption for Argentina
  Labor Freedom for Argentina
  Tariff Rate for Argentina
  Income Tax Rate for Argentina
  Corporate Tax Rate for Argentina
  Tax Burden % of GDP for Argentina
  Government Expenditure % of GDP for Argentina
* Source: HFO
Corruption Perceptions Index Rank and Score for Argentina
Indicator
  Corruption Perceptions Index Rank and Score for Argentina
* Source: TIO
Argentina Economic Indicators in other Years
  Argentina Economic Indicators for Year 2019 (Forecast)
  Argentina Economic Indicators for Year 2018 (Forecast)
  Argentina Economic Indicators for Year 2017 (Forecast)
  Argentina Economic Indicators for Year 2016 (Forecast)
  Argentina Economic Indicators for Year 2015 (Forecast)
Argentina Economic Indicators for Year 2014 (Current)
  Argentina Economic Indicators for Year 2013
  Argentina Economic Indicators for Year 2012
  Argentina Economic Indicators for Year 2011
  Argentina Economic Indicators for Year 2010
  Argentina Economic Indicators for Year 2009
  Argentina Economic Indicators for Year 2008
  Argentina Economic Indicators for Year 2007
  Argentina Economic Indicators for Year 2006
  Argentina Economic Indicators for Year 2005
  Argentina Economic Indicators for Year 2004
  Argentina Economic Indicators for Year 2003
  Argentina Economic Indicators for Year 2002
  Argentina Economic Indicators for Year 2001
  Argentina Economic Indicators for Year 2000
  Argentina Economic Indicators for Year 1999
  Argentina Economic Indicators for Year 1998
  Argentina Economic Indicators for Year 1997
  Argentina Economic Indicators for Year 1996
  Argentina Economic Indicators for Year 1995
  Argentina Economic Indicators for Year 1994
  Argentina Economic Indicators for Year 1993
  Argentina Economic Indicators for Year 1992
  Argentina Economic Indicators for Year 1991
  Argentina Economic Indicators for Year 1990
  Argentina Economic Indicators for Year 1989
  Argentina Economic Indicators for Year 1988
  Argentina Economic Indicators for Year 1987
  Argentina Economic Indicators for Year 1986
  Argentina Economic Indicators for Year 1985
  Argentina Economic Indicators for Year 1984
  Argentina Economic Indicators for Year 1983
  Argentina Economic Indicators for Year 1982
  Argentina Economic Indicators for Year 1981
  Argentina Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International