Gross Domestic Product — Value US$, annual growth rate in Argentina

Argentina: Gross Domestic Product — Value US$, annual growth rate was -1.98 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-1.98 % change on previous year
Change on year
down 194.4%
World rank
220th
of 236 countries
All-time high
84.46 % change on previous year
in 1990
All-time low
-62.04 % change on previous year
in 2002
Years of data
54
1971–2024

Gross Domestic Product — Value US$, annual growth rate in Argentina, 1971–2024

-50050100197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gross domestic product — value us$, annual growth rate in Argentina stood at -1.98 % change on previous year.

The figure is down 194.4% on the previous year and up 73.7% over ten years.

Over the whole period, gross domestic product — value us$, annual growth rate in Argentina peaked at 84.46 % change on previous year in 1990 and was at its lowest, -62.04 % change on previous year, in 2002.

That places Argentina 220th out of 236 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.

Gross Domestic Product — Value US$, annual growth rate in Argentina, year by year

Annual values for Gross Domestic Product — Value US$, annual growth rate in Argentina, 1971 to 2024.
Year % change on previous year Change
1971 19.63 % change on previous year
1972 -6.96 % change on previous year -135.5%
1973 9.43 % change on previous year -235.4%
1974 14.89 % change on previous year +57.9%
1975 8.61 % change on previous year -42.1%
1976 5.49 % change on previous year -36.3%
1977 12.99 % change on previous year +136.6%
1978 3.59 % change on previous year -72.4%
1979 15.9 % change on previous year +343.3%
1980 10.62 % change on previous year -33.2%
1981 3.53 % change on previous year -66.7%
1982 2.82 % change on previous year -20.1%
1983 8.19 % change on previous year +190.3%
1984 5.69 % change on previous year -30.6%
1985 -4.01 % change on previous year -170.6%
1986 20.1 % change on previous year -600.9%
1987 2.78 % change on previous year -86.2%
1988 16.62 % change on previous year +498.7%
1989 -39.61 % change on previous year -338.4%
1990 84.46 % change on previous year -313.2%
1991 34.21 % change on previous year -59.5%
1992 20.59 % change on previous year -39.8%
1993 3.49 % change on previous year -83.1%
1994 8.85 % change on previous year +153.7%
1995 0.1554 % change on previous year -98.2%
1996 5.48 % change on previous year +3426.8%
1997 7.63 % change on previous year +39.2%
1998 2.08 % change on previous year -72.7%
1999 -5.16 % change on previous year -348.2%
2000 0.2401 % change on previous year -104.7%
2001 -5.46 % change on previous year -2372.7%
2002 -62.04 % change on previous year +1037.1%
2003 27 % change on previous year -143.5%
2004 18.16 % change on previous year -32.7%
2005 20.89 % change on previous year +15.1%
2006 16.83 % change on previous year -19.4%
2007 23.62 % change on previous year +40.3%
2008 26.19 % change on previous year +10.9%
2009 -8.01 % change on previous year -130.6%
2010 26.8 % change on previous year -434.6%
2011 24.31 % change on previous year -9.3%
2012 9.67 % change on previous year -60.2%
2013 5.48 % change on previous year -43.3%
2014 -7.54 % change on previous year -237.6%
2015 13.73 % change on previous year -282.0%
2016 -13.55 % change on previous year -198.7%
2017 15.44 % change on previous year -214.0%
2018 -18.46 % change on previous year -219.5%
2019 -14.68 % change on previous year -20.5%
2020 -13.85 % change on previous year -5.7%
2021 26.14 % change on previous year -288.7%
2022 30.05 % change on previous year +15.0%
2023 2.1 % change on previous year -93.0%
2024 -1.98 % change on previous year -194.4%

Biggest year-on-year movements

Years where Gross Domestic Product — Value US$, annual growth rate in Argentina changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1996 +3426.8% 0.1554 % change on previous year 5.48 % change on previous year
2001 -2372.7% 0.2401 % change on previous year -5.46 % change on previous year
2002 -1037.1% -5.46 % change on previous year -62.04 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.29 % change on previous year -6.96 % change on previous year 19.63 % change on previous year 9
1980s 2.67 % change on previous year -39.61 % change on previous year 20.1 % change on previous year 10
1990s 16.18 % change on previous year -5.16 % change on previous year 84.46 % change on previous year 10
2000s 5.74 % change on previous year -62.04 % change on previous year 27 % change on previous year 10
2010s 4.12 % change on previous year -18.46 % change on previous year 26.8 % change on previous year 10
2020s 8.49 % change on previous year -13.85 % change on previous year 30.05 % change on previous year 5

Countries ranked near Argentina

  1. 217 Yemen -1.14 % change on previous year compare
  2. 218 Chile -1.56 % change on previous year compare
  3. 219 Czechoslovakia -1.95 % change on previous year compare
  4. 221 Laos -2.97 % change on previous year compare
  5. 221 Lao People's Democratic Republic -2.97 % change on previous year compare
  6. 223 Kuwait -3.12 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Argentina

All data for Argentina →

Frequently asked questions

What is gross domestic product — value us$, annual growth rate in Argentina?
Gross domestic product — value us$, annual growth rate in Argentina was -1.98 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value us$, annual growth rate recorded in Argentina?
The highest recorded value was 84.46 % change on previous year in 1990.
What is the lowest gross domestic product — value us$, annual growth rate recorded in Argentina?
The lowest recorded value was -62.04 % change on previous year in 2002.
How does Argentina rank for gross domestic product — value us$, annual growth rate?
Argentina ranks 220th out of 236 countries with data for 2024.
Is gross domestic product — value us$, annual growth rate rising or falling in Argentina?
Over the last ten years it is up 73.7%. The long-run trend across the full record is volatile.
Where does this Argentina data come from?
The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$, annual growth rate in Argentina. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-annual-growth-rate/argentina/

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How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Domestic Product — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 13,305 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.