Annual growth of the gross capital formation in Argentina
Argentina: Annual growth of the gross capital formation was -17.7% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Argentina, 2000–2024
Source: World Bank – processed by Our World in Data. 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 987.7% on the previous year and down 185.0% 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.
That places Argentina 160th out of 167 countries with data for 2024, putting it 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% | +213.1% |
| 2002 | -37.6% | +215.1% |
| 2003 | 40.2% | -206.9% |
| 2004 | 29.6% | -26.3% |
| 2005 | 14.8% | -50.0% |
| 2006 | 6.9% | -53.6% |
| 2007 | 20.3% | +195.9% |
| 2008 | 6.7% | -67.1% |
| 2009 | -23.1% | -445.4% |
| 2010 | 32.5% | -241.0% |
| 2011 | 16.1% | -50.6% |
| 2012 | -11.2% | -169.5% |
| 2013 | 4.7% | -141.7% |
| 2014 | -6.2% | -233.2% |
| 2015 | 4.6% | -173.3% |
| 2016 | -5.1% | -211.4% |
| 2017 | 15.4% | -404.1% |
| 2018 | -9.8% | -163.8% |
| 2019 | -20.0% | +102.7% |
| 2020 | -6.4% | -67.9% |
| 2021 | 30.1% | -570.2% |
| 2022 | 11.6% | -61.5% |
| 2023 | -1.6% | -114.1% |
| 2024 | -17.7% | +987.7% |
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
- 157 Mozambique -16.0% compare
- 158 Seychelles -16.7% compare
- 159 Palau -17.0% compare
- 161 Eswatini -22.4% compare
- 162 San Marino -27.7% compare
- 163 Ireland -29.5% compare
More economy & growth data for Argentina
- 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 26.97 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.1306 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 1,946 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -68.91 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -57.82 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 38.33 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 68.65 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 1.02 million current LCU per person (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 World Bank – processed by Our World in Data.
- 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 160th out of 167 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 185.0%. 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 growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).