Economic Trivia

Argentina is South America's third-largest economy.

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

Top 3 Trade Partners (2021): Brazil, China, and United States
Top 3 Exported Goods (2021): Cereals, Items nesoi, and Animal Feeds

Top Industries Source: CIA World Factbook

Food Processing; Motor Vehicles; Consumer Durables; Textiles

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $1,225,435,238,852 (2022)
GDP Growth Rate (annual %) 5.243% (2022)
GDP Per Capita, PPP (current international) $26,505 (2022)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 28/197 (2022)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 53.548% (2019)
External debt stocks, total (DOD, current US$) $246,306,711,414 (2021)
Total tax rate (% of commercial profits) 106.3% (2019)
Real Interest Rate (5 year average %) -10.186% (2022)
Manufacturing, value added (% of GDP) 15.388% (2022)
Current Account Balance (BoP, current US$) ($3,787,737,339) (2022)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 21,424,676 (2022)
Employment in Agriculture (% of total employment) 7.653% (2021)
Employment in Industry (% of total employment) 19.95% (2021)
Employment in Services (% of total employment) 72.397% (2021)
Unemployment Rate 6.491% (2022)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $96,803,039,173 (2022)
Exports of goods and services (current US$) $106,166,431,312 (2022)
Total Merchandise Trade (% of GDP) 26.861% (2022)
FDI, net inflows (BoP, current US$) $15,408,346,794 (2022)
Commercial Service Exports (current US$) $14,237,044,036 (2022)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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


  1. The World Bank