Argentina: Economy

Economic Trivia

Argentina is Latin America's third-largest economy.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2015): Brazil, China, and United States
Top 3 Exported Goods (2015): Animal Feeds, Motor Vehicles & Parts, and Cereals

Top Industries Source: CIA World Factbook

Food Processing; Motor Vehicles; Consumer Durables; Textiles

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $720,488,015,222 (2011)
GDP Growth Rate (annual %) 2.372% (2015)
GDP Per Capita, PPP (current international) $17,674 (2011)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 29/193 (2011)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 10.619% (2013)
External debt stocks, total (DOD, current US$) $136,271,863,000 (2013)
Total tax rate (% of commercial profits) 137.4% (2015)
Real Interest Rate (5 year average %) -4.123% (2014)
Manufacturing, value added (% of GDP) 17.224% (2015)
Current Account Balance (BoP, current US$) ($15,943,652,410) (2015)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 19,540,451 (2014)
Employment in Agriculture (% of total employment) 0.5% (2014)
Employment in Industry (% of total employment) 24% (2014)
Employment in Services (% of total employment) 74.7% (2014)
Unemployment Rate 8.2% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $69,245,451,780 (2015)
Exports of goods and services (current US$) $64,485,724,928 (2015)
Total Merchandise Trade (% of GDP) 25.537% (2014)
FDI, net inflows (BoP, current US$) $11,978,689,467 (2015)
Commercial Service Exports (current US$) $13,635,827,747 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Argentina’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary