Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Argentina
Argentina: Gross Fixed Capital Formation — Value US$, 2015 prices was 89,076 million USD in 2024. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices in Argentina, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Argentina stood at 89,076 million USD.
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 us$, 2015 prices in Argentina peaked at 110,014 million USD in 2022 and was at its lowest, 24,647 million USD, in 1990.
That places Argentina 43rd out of 235 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices in Argentina, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 39,350 million USD | — |
| 1971 | 42,530 million USD | +8.1% |
| 1972 | 43,014 million USD | +1.1% |
| 1973 | 39,904 million USD | -7.2% |
| 1974 | 41,509 million USD | +4.0% |
| 1975 | 41,581 million USD | +0.2% |
| 1976 | 45,922 million USD | +10.4% |
| 1977 | 55,516 million USD | +20.9% |
| 1978 | 48,410 million USD | -12.8% |
| 1979 | 51,693 million USD | +6.8% |
| 1980 | 54,455 million USD | +5.3% |
| 1981 | 46,292 million USD | -15.0% |
| 1982 | 37,070 million USD | -19.9% |
| 1983 | 37,210 million USD | +0.4% |
| 1984 | 35,670 million USD | -4.1% |
| 1985 | 30,648 million USD | -14.1% |
| 1986 | 34,029 million USD | +11.0% |
| 1987 | 38,430 million USD | +12.9% |
| 1988 | 37,070 million USD | -3.5% |
| 1989 | 29,068 million USD | -21.6% |
| 1990 | 24,647 million USD | -15.2% |
| 1991 | 32,429 million USD | +31.6% |
| 1992 | 43,292 million USD | +33.5% |
| 1993 | 50,233 million USD | +16.0% |
| 1994 | 57,102 million USD | +13.7% |
| 1995 | 49,631 million USD | -13.1% |
| 1996 | 54,040 million USD | +8.9% |
| 1997 | 63,585 million USD | +17.7% |
| 1998 | 67,746 million USD | +6.5% |
| 1999 | 59,203 million USD | -12.6% |
| 2000 | 55,175 million USD | -6.8% |
| 2001 | 46,534 million USD | -15.7% |
| 2002 | 29,573 million USD | -36.4% |
| 2003 | 40,860 million USD | +38.2% |
| 2004 | 54,926 million USD | +34.4% |
| 2005 | 63,620 million USD | +15.8% |
| 2006 | 72,828 million USD | +14.5% |
| 2007 | 87,724 million USD | +20.5% |
| 2008 | 95,352 million USD | +8.7% |
| 2009 | 73,828 million USD | -22.6% |
| 2010 | 93,211 million USD | +26.3% |
| 2011 | 109,410 million USD | +17.4% |
| 2012 | 101,669 million USD | -7.1% |
| 2013 | 104,047 million USD | +2.3% |
| 2014 | 97,018 million USD | -6.8% |
| 2015 | 100,378 million USD | +3.5% |
| 2016 | 94,577 million USD | -5.8% |
| 2017 | 107,232 million USD | +13.4% |
| 2018 | 101,071 million USD | -5.7% |
| 2019 | 84,766 million USD | -16.1% |
| 2020 | 73,849 million USD | -12.9% |
| 2021 | 98,970 million USD | +34.0% |
| 2022 | 110,014 million USD | +11.2% |
| 2023 | 107,821 million USD | -2.0% |
| 2024 | 89,076 million USD | -17.4% |
Argentina compared with similar countries
- Argentina's 89,076 million USD is above the median for upper middle income countries, which is 7,886 million USD, 11.3× the median. (54 countries reporting)
- Argentina's 89,076 million USD is above the median for Latin America & Caribbean, which is 2,959 million USD, 30.1× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 44,943 million USD | 39,350 million USD | 55,516 million USD | 10 |
| 1980s | 37,994 million USD | 29,068 million USD | 54,455 million USD | 10 |
| 1990s | 50,191 million USD | 24,647 million USD | 67,746 million USD | 10 |
| 2000s | 62,042 million USD | 29,573 million USD | 95,352 million USD | 10 |
| 2010s | 99,338 million USD | 84,766 million USD | 109,410 million USD | 10 |
| 2020s | 95,946 million USD | 73,849 million USD | 110,014 million USD | 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 us$, 2015 prices in Argentina?
- Gross fixed capital formation — value us$, 2015 prices in Argentina was 89,076 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Argentina?
- The highest recorded value was 110,014 million USD in 2022.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Argentina?
- The lowest recorded value was 24,647 million USD in 1990.
- How does Argentina rank for gross fixed capital formation — value us$, 2015 prices?
- Argentina ranks 43rd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).