Gross Fixed Capital Formation — Value US$ in Argentina
Argentina: Gross Fixed Capital Formation — Value US$ was 100,289 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ 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$ in Argentina stood at 100,289 million USD.
Compared with earlier readings it is down 16.4% on the previous year and up 10.7% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Argentina peaked at 119,977 million USD in 2023 and was at its lowest, 6,810 million USD, in 1970.
That places Argentina 35th out of 219 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11,087 million USD | 6,810 million USD | 15,857 million USD | 10 |
| 1980s | 16,316 million USD | 10,684 million USD | 21,255 million USD | 10 |
| 1990s | 40,013 million USD | 17,780 million USD | 53,581 million USD | 10 |
| 2000s | 38,685 million USD | 10,968 million USD | 69,510 million USD | 10 |
| 2010s | 86,615 million USD | 63,436 million USD | 100,378 million USD | 10 |
| 2020s | 94,135 million USD | 55,093 million USD | 119,977 million USD | 5 |
Countries ranked near Argentina
More economy & growth data for Argentina
- External balance on goods and services as a percent of gdp 0.7467 (2025)
- Inflation of consumer prices 219.88 (2024)
- Gdp per capita worldbank constant usd 13,287 (2025)
- Manufacturing value added to gdp 13.58 (2025)
- Gdp worldbank constant usd 609.23 billion (2025)
- Gdp per capita in international and market dollars 13,287 (2025)
- DEC alternative conversion factor 1,241 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 2.72 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 2.19 billion current US$ (2025)
- Taxes less subsidies on products 130.88 trillion current LCU (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Argentina?
- Gross fixed capital formation — value us$ in Argentina was 100,289 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Argentina?
- The highest recorded value was 119,977 million USD in 2023.
- What is the lowest gross fixed capital formation — value us$ recorded in Argentina?
- The lowest recorded value was 6,810 million USD in 1970.
- How does Argentina rank for gross fixed capital formation — value us$?
- Argentina ranks 35th out of 219 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Argentina?
- Over the last ten years it is up 10.7%. 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 — Value US$. 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).