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 (2017): Brazil, China, and United States
Top 3 Exported Goods (2017): Animal Feeds, Cereals, and Motor Vehicles & Parts

Top Industries Source: CIA World Factbook

Food Processing; Motor Vehicles; Consumer Durables; Textiles

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $920,247,932,772 (2017)
GDP Growth Rate (annual %) 2.864% (2017)
GDP Per Capita, PPP (current international) $20,787 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 26/195 (2017)

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 %) 10.619% (2013)
External debt stocks, total (DOD, current US$) $190,489,683,000 (2016)
Total tax rate (% of commercial profits) 106% (2017)
Real Interest Rate (5 year average %) 4.7% (2017)
Manufacturing, value added (% of GDP) 12.95% (2017)
Current Account Balance (BoP, current US$) ($30,791,835,247) (2017)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 19,901,885 (2017)
Employment in Agriculture (% of total employment) 0.542% (2017)
Employment in Industry (% of total employment) 23.331% (2017)
Employment in Services (% of total employment) 76.128% (2017)
Unemployment Rate 8.518% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $88,215,840,248 (2017)
Exports of goods and services (current US$) $71,274,718,056 (2017)
Total Merchandise Trade (% of GDP) 19.656% (2017)
FDI, net inflows (BoP, current US$) $11,516,861,462 (2017)
Commercial Service Exports (current US$) $13,936,677,419 (2017)
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

Sources

  1. The World Bank