Annual growth of the gross capital formation (%) in Argentina
Argentina: Annual growth of the gross capital formation (%) was -17.7% in 2024. ◆ Volatile
Latest (2024)
-17.7%
Change on year
down 987.5%
World rank
168th
of 175 countries
All-time high
40.2%
in 2003
All-time low
-37.6%
in 2002
Years of data
25
2000–2024
Annual growth of the gross capital formation in Argentina, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in Argentina stood at -17.7%.
Compared with earlier readings it is down 987.5% on the previous year and down 184.8% over ten years.
Over the whole period, annual growth of the gross capital formation in Argentina peaked at 40.2% in 2003 and was at its lowest, -37.6%, in 2002.
Argentina ranks 168th of 175 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation (%) in Argentina, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -3.8% | — |
| 2001 | -11.9% | +213.4% |
| 2002 | -37.6% | +215.0% |
| 2003 | 40.2% | -206.9% |
| 2004 | 29.6% | -26.3% |
| 2005 | 14.8% | -50.0% |
| 2006 | 6.9% | -53.6% |
| 2007 | 20.3% | +196.1% |
| 2008 | 6.7% | -67.1% |
| 2009 | -23.1% | -445.2% |
| 2010 | 32.5% | -241.0% |
| 2011 | 16.1% | -50.5% |
| 2012 | -11.2% | -169.5% |
| 2013 | 4.7% | -141.7% |
| 2014 | -6.2% | -233.3% |
| 2015 | 4.6% | -173.2% |
| 2016 | -5.1% | -211.6% |
| 2017 | 15.5% | -403.9% |
| 2018 | -9.8% | -163.7% |
| 2019 | -20.0% | +102.8% |
| 2020 | -6.4% | -67.9% |
| 2021 | 30.1% | -570.1% |
| 2022 | 11.6% | -61.5% |
| 2023 | -1.6% | -114.1% |
| 2024 | -17.7% | +987.5% |
Argentina compared with similar countries
- Argentina's -17.7% is below the median for upper middle income countries, which is 6.3%. (45 countries reporting)
- Argentina's -17.7% is below the median for Latin America & Caribbean, which is 3.3%. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.2% | -37.6% | 40.2% | 10 |
| 2010s | 2.1% | -20.0% | 32.5% | 10 |
| 2020s | 3.2% | -17.7% | 30.1% | 5 |
Countries ranked near Argentina
- 165 Mozambique -16.0% compare
- 166 Seychelles -16.7% compare
- 167 Palau -17.0% compare
- 169 Eswatini -22.4% compare
- 170 San Marino -27.7% compare
- 171 Ireland -29.5% compare
More economy & growth data for Argentina
- Real gdp growth, annual growth rate 425.17 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.73 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 60.52 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.47 units per person (2025)
- SDRs holdings, SDR, annual growth rate 52.85 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.08 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 37.75 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Argentina?
- Annual growth of the gross capital formation in Argentina was -17.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Argentina?
- The highest recorded value was 40.2% in 2003.
- What is the lowest annual growth of the gross capital formation recorded in Argentina?
- The lowest recorded value was -37.6% in 2002.
- How does Argentina rank for annual growth of the gross capital formation?
- Argentina ranks 168th out of 175 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Argentina?
- Over the last ten years it is down 184.8%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).