Gross Fixed Capital: Value Standard … 2015 Standard Local Currency in Argentina
Argentina: Gross Fixed Capital: Value Standard … 2015 Standard Local Currency was 822,455 million SLC in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Argentina, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Argentina recorded 822,455 million SLC for gross fixed capital formation — value standard local currency, 2015 in 2024.
That represents a change of down 17.4% on the previous year and down 8.2% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Argentina peaked at 1.02 million million SLC in 2022 and was at its lowest, 227,567 million SLC, in 1990.
Argentina ranks 70th of 222 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital: Value Standard … 2015 Standard Local Currency in Argentina, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 363,329 million SLC | — |
| 1971 | 392,689 million SLC | +8.1% |
| 1972 | 397,160 million SLC | +1.1% |
| 1973 | 368,444 million SLC | -7.2% |
| 1974 | 383,261 million SLC | +4.0% |
| 1975 | 383,924 million SLC | +0.2% |
| 1976 | 424,001 million SLC | +10.4% |
| 1977 | 512,589 million SLC | +20.9% |
| 1978 | 446,978 million SLC | -12.8% |
| 1979 | 477,294 million SLC | +6.8% |
| 1980 | 502,789 million SLC | +5.3% |
| 1981 | 427,426 million SLC | -15.0% |
| 1982 | 342,273 million SLC | -19.9% |
| 1983 | 343,566 million SLC | +0.4% |
| 1984 | 329,344 million SLC | -4.1% |
| 1985 | 282,981 million SLC | -14.1% |
| 1986 | 314,197 million SLC | +11.0% |
| 1987 | 354,834 million SLC | +12.9% |
| 1988 | 342,273 million SLC | -3.5% |
| 1989 | 268,388 million SLC | -21.6% |
| 1990 | 227,567 million SLC | -15.2% |
| 1991 | 299,420 million SLC | +31.6% |
| 1992 | 399,719 million SLC | +33.5% |
| 1993 | 463,815 million SLC | +16.0% |
| 1994 | 527,229 million SLC | +13.7% |
| 1995 | 458,250 million SLC | -13.1% |
| 1996 | 498,958 million SLC | +8.9% |
| 1997 | 587,088 million SLC | +17.7% |
| 1998 | 625,507 million SLC | +6.5% |
| 1999 | 546,631 million SLC | -12.6% |
| 2000 | 509,437 million SLC | -6.8% |
| 2001 | 429,654 million SLC | -15.7% |
| 2002 | 273,055 million SLC | -36.4% |
| 2003 | 377,270 million SLC | +38.2% |
| 2004 | 507,146 million SLC | +34.4% |
| 2005 | 587,419 million SLC | +15.8% |
| 2006 | 672,436 million SLC | +14.5% |
| 2007 | 809,970 million SLC | +20.5% |
| 2008 | 880,400 million SLC | +8.7% |
| 2009 | 681,669 million SLC | -22.6% |
| 2010 | 860,638 million SLC | +26.3% |
| 2011 | 1.01 million million SLC | +17.4% |
| 2012 | 938,726 million SLC | -7.1% |
| 2013 | 960,687 million SLC | +2.3% |
| 2014 | 895,788 million SLC | -6.8% |
| 2015 | 926,804 million SLC | +3.5% |
| 2016 | 873,249 million SLC | -5.8% |
| 2017 | 990,095 million SLC | +13.4% |
| 2018 | 933,208 million SLC | -5.7% |
| 2019 | 782,658 million SLC | -16.1% |
| 2020 | 681,864 million SLC | -12.9% |
| 2021 | 913,811 million SLC | +34.0% |
| 2022 | 1.02 million million SLC | +11.2% |
| 2023 | 995,527 million SLC | -2.0% |
| 2024 | 822,455 million SLC | -17.4% |
Argentina compared with similar countries
- Argentina's 822,455 million SLC is above the median for upper middle income countries, which is 139,182 million SLC, 5.9× the median. (54 countries reporting)
- Argentina's 822,455 million SLC is above the median for Latin America & Caribbean, which is 13,495 million SLC, 60.9× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 414,967 million SLC | 363,329 million SLC | 512,589 million SLC | 10 |
| 1980s | 350,807 million SLC | 268,388 million SLC | 502,789 million SLC | 10 |
| 1990s | 463,418 million SLC | 227,567 million SLC | 625,507 million SLC | 10 |
| 2000s | 572,846 million SLC | 273,055 million SLC | 880,400 million SLC | 10 |
| 2010s | 917,205 million SLC | 782,658 million SLC | 1.01 million million SLC | 10 |
| 2020s | 885,887 million SLC | 681,864 million SLC | 1.02 million million SLC | 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 — value standard local currency, 2015 in Argentina?
- Gross fixed capital formation — value standard local currency, 2015 in Argentina was 822,455 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Argentina?
- The highest recorded value was 1.02 million million SLC in 2022.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Argentina?
- The lowest recorded value was 227,567 million SLC in 1990.
- How does Argentina rank for gross fixed capital formation — value standard local currency, 2015?
- Argentina ranks 70th out of 222 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Argentina?
- Over the last ten years it is down 8.2%. The long-run trend across the full record is rising.
- 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 — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).