Annual GDP growth in Argentina

Argentina: Annual GDP growth was -1.6% in 2023. ◆ Volatile

Latest (2023)
-1.6%
Change on year
down 130.6%
World rank
196th
of 211 countries
All-time high
10.4%
in 2021
All-time low
-10.9%
in 2002
Years of data
24
2000–2023

Annual GDP growth in Argentina, 2000–2023

-10-505102000201120232000: -0.79 %2001: -4.4 %2002: -10.9 %2003: 8.8 %2004: 9 %2005: 8.8 %2006: 8.1 %2007: 9 %2008: 4.1 %2009: -5.9 %2010: 10.1 %2011: 6 %2012: -1 %2013: 2.4 %2014: -2.5 %2015: 2.7 %2016: -2.1 %2017: 2.8 %2018: -2.6 %2019: -2 %2020: -9.9 %2021: 10.4 %2022: 5.3 %2023: -1.6 %

Source: World Bank – processed by Our World in Data. Measured in %.

Analysis

In 2023, annual gdp growth in Argentina stood at -1.6%.

That represents a change of down 130.6% on the previous year and down 166.8% over ten years.

Over the whole period, annual gdp growth in Argentina peaked at 10.4% in 2021 and was at its lowest, -10.9%, in 2002.

That places Argentina 196th out of 211 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.6% -10.9% 9.0% 10
2010s 1.4% -2.6% 10.1% 10
2020s 1.0% -9.9% 10.4% 4

Countries ranked near Argentina

  1. 193 Finland -1.2% compare
  2. 195 United States Virgin Islands -1.3% compare
  3. 197 Haiti -1.9% compare
  4. 198 Cuba -1.9% compare
  5. 199 Sri Lanka -2.3% compare

See the full ranking of 211 places →

More economy & growth data for Argentina

All data for Argentina →

Frequently asked questions

What is annual gdp growth in Argentina?
Annual gdp growth in Argentina was -1.6% in 2023, according to World Bank – processed by Our World in Data.
What is the highest annual gdp growth recorded in Argentina?
The highest recorded value was 10.4% in 2021.
What is the lowest annual gdp growth recorded in Argentina?
The lowest recorded value was -10.9% in 2002.
How does Argentina rank for annual gdp growth?
Argentina ranks 196th out of 211 countries with data for 2023.
Is annual gdp growth rising or falling in Argentina?
Over the last ten years it is down 166.8%. The long-run trend across the full record is volatile.
Where does this Argentina data come from?
The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.

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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Annual GDP growth
Unit
%
Source
World Bank – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 4,892 data points, 2000–2023
Last refreshed

Annual GDP growth (%)