Gross Fixed Capital Formation — Annual growth US$ (Gross Annual) in Argentina
Argentina: Gross Fixed Capital Formation — Annual growth US$ (Gross Annual) was -16.41 % in 2024. ◆ Volatile
Gross Fixed Capital Formation — Annual growth US$ in Argentina, 1971–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2024, gross fixed capital formation — annual growth us$ in Argentina stood at -16.41 %.
The figure is down 307.6% on the previous year and down 76.4% over ten years.
Over the whole period, gross fixed capital formation — annual growth us$ in Argentina peaked at 66.42 % in 1990 and was at its lowest, -67.98 %, in 2002.
Argentina ranks 221st of 235 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Annual growth US$ (Gross Annual) in Argentina, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 17.86 % | — |
| 1972 | -7.48 % | -141.8% |
| 1973 | -4.2 % | -43.8% |
| 1974 | 21.52 % | -611.8% |
| 1975 | 46.19 % | +114.7% |
| 1976 | 9.4 % | -79.6% |
| 1977 | 14.59 % | +55.1% |
| 1978 | -7.35 % | -150.4% |
| 1979 | 8.02 % | -209.1% |
| 1980 | 8.06 % | +0.5% |
| 1981 | -7.05 % | -187.4% |
| 1982 | -1.41 % | -79.9% |
| 1983 | 3.87 % | -373.7% |
| 1984 | 1.02 % | -73.6% |
| 1985 | -15.43 % | -1612.9% |
| 1986 | 19.23 % | -224.6% |
| 1987 | 15.1 % | -21.5% |
| 1988 | 11.16 % | -26.1% |
| 1989 | -49.73 % | -545.7% |
| 1990 | 66.42 % | -233.6% |
| 1991 | 40.34 % | -39.3% |
| 1992 | 37.61 % | -6.8% |
| 1993 | 18.07 % | -52.0% |
| 1994 | 13.89 % | -23.1% |
| 1995 | -9.9 % | -171.3% |
| 1996 | 6.33 % | -164.0% |
| 1997 | 15.29 % | +141.6% |
| 1998 | 5.06 % | -66.9% |
| 1999 | -14.3 % | -382.8% |
| 2000 | -9.9 % | -30.8% |
| 2001 | -17.21 % | +74.0% |
| 2002 | -67.98 % | +294.9% |
| 2003 | 60.74 % | -189.3% |
| 2004 | 49.61 % | -18.3% |
| 2005 | 31.98 % | -35.5% |
| 2006 | 23.43 % | -26.7% |
| 2007 | 31.61 % | +34.9% |
| 2008 | 22.92 % | -27.5% |
| 2009 | -24.6 % | -207.3% |
| 2010 | 35.42 % | -244.0% |
| 2011 | 28.84 % | -18.6% |
| 2012 | 0.8282 % | -97.1% |
| 2013 | 8.36 % | +909.1% |
| 2014 | -9.3 % | -211.3% |
| 2015 | 10.77 % | -215.8% |
| 2016 | -20.73 % | -292.4% |
| 2017 | 22.64 % | -209.2% |
| 2018 | -17.98 % | -179.4% |
| 2019 | -20.75 % | +15.4% |
| 2020 | -13.15 % | -36.6% |
| 2021 | 52.7 % | -500.8% |
| 2022 | 32.16 % | -39.0% |
| 2023 | 7.91 % | -75.4% |
| 2024 | -16.41 % | -307.6% |
Argentina compared with similar countries
- Argentina's -16.41 % is below the median for upper middle income countries, which is 6.05 %. (54 countries reporting)
- Argentina's -16.41 % is below the median for Latin America & Caribbean, which is 4.93 %. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Annual growth US$ (Gross Annual) 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.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | -1612.9% | 1.02 % | -15.43 % |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.95 % | -7.48 % | 46.19 % | 9 |
| 1980s | -1.52 % | -49.73 % | 19.23 % | 10 |
| 1990s | 17.88 % | -14.3 % | 66.42 % | 10 |
| 2000s | 10.06 % | -67.98 % | 60.74 % | 10 |
| 2010s | 3.81 % | -20.75 % | 35.42 % | 10 |
| 2020s | 12.64 % | -16.41 % | 52.7 % | 5 |
Countries ranked near Argentina
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0902 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — annual growth us$ in Argentina?
- Gross fixed capital formation — annual growth us$ in Argentina was -16.41 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — annual growth us$ recorded in Argentina?
- The highest recorded value was 66.42 % in 1990.
- What is the lowest gross fixed capital formation — annual growth us$ recorded in Argentina?
- The lowest recorded value was -67.98 % in 2002.
- How does Argentina rank for gross fixed capital formation — annual growth us$?
- Argentina ranks 221st out of 235 countries with data for 2024.
- Is gross fixed capital formation — annual growth us$ rising or falling in Argentina?
- Over the last ten years it is down 76.4%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Annual growth US$. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).