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 (2019): Brazil, China, and United States
Top 3 Exported Goods (2019): 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) $942,157,352,606 (2020)
GDP Growth Rate (annual %) -9.895% (2020)
GDP Per Capita, PPP (current international) $20,763 (2020)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 26/197 (2020)

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$) $253,760,056,781 (2020)
Total tax rate (% of commercial profits) 106.3% (2019)
Real Interest Rate (5 year average %) -7.508% (2020)
Manufacturing, value added (% of GDP) 15.369% (2020)
Current Account Balance (BoP, current US$) $3,312,751,276 (2020)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 19,191,447 (2020)
Employment in Agriculture (% of total employment) 0.087% (2020)
Employment in Industry (% of total employment) 21.049% (2020)
Employment in Services (% of total employment) 78.864% (2020)
Unemployment Rate 11.67% (2020)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $52,773,153,798 (2020)
Exports of goods and services (current US$) $64,589,960,467 (2020)
Total Merchandise Trade (% of GDP) 24.978% (2020)
FDI, net inflows (BoP, current US$) $6,663,062,112 (2019)
Commercial Service Exports (current US$) $9,233,809,101 (2020)
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