Machinery and transport equipment in Argentina
Argentina: Machinery and transport equipment was 13.7% in 2024. ▲ Rising
Machinery and transport equipment in Argentina, 1984–2024
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
Argentina recorded 13.7% for machinery and transport equipment in 2024.
Compared with earlier readings it is down 8.3% on the previous year and up 16.6% over ten years.
Over the whole period, machinery and transport equipment in Argentina peaked at 15.2% in 1993 and was at its lowest, 8.4%, in 2002.
Argentina ranks 60th of 149 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 38 years of available data.
Machinery and transport equipment in Argentina, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1984 | 12.0% | — |
| 1985 | 10.3% | -13.6% |
| 1986 | 10.7% | +3.3% |
| 1987 | 10.6% | -1.1% |
| 1988 | 9.8% | -7.2% |
| 1989 | 9.6% | -2.0% |
| 1990 | 9.6% | -0.4% |
| 1993 | 15.2% | +59.6% |
| 1994 | 13.5% | -11.6% |
| 1995 | 10.0% | -25.9% |
| 1996 | 11.4% | +13.9% |
| 1997 | 12.8% | +12.8% |
| 1998 | 12.9% | +0.7% |
| 1999 | 9.6% | -25.8% |
| 2000 | 10.8% | +12.8% |
| 2001 | 8.7% | -19.7% |
| 2002 | 8.4% | -3.9% |
| 2004 | 9.8% | +17.6% |
| 2005 | 10.7% | +8.9% |
| 2006 | 11.7% | +9.1% |
| 2007 | 12.2% | +4.4% |
| 2008 | 12.0% | -1.2% |
| 2009 | 10.8% | -10.6% |
| 2010 | 12.5% | +16.6% |
| 2011 | 13.3% | +5.8% |
| 2012 | 12.8% | -3.7% |
| 2013 | 13.1% | +2.3% |
| 2014 | 11.7% | -10.4% |
| 2015 | 11.8% | +0.3% |
| 2016 | 12.2% | +3.5% |
| 2017 | 12.7% | +4.1% |
| 2018 | 11.8% | -7.1% |
| 2019 | 11.0% | -6.5% |
| 2020 | 10.8% | -1.3% |
| 2021 | 13.2% | +21.8% |
| 2022 | 13.6% | +3.0% |
| 2023 | 14.9% | +9.5% |
| 2024 | 13.7% | -8.3% |
Argentina compared with similar countries
- Argentina's 13.7% is above the median for upper middle income countries, which is 6.8%, 2.0× the median. (46 countries reporting)
- Argentina's 13.7% is above the median for Latin America & Caribbean, which is 4.0%, 3.4× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 10.5% | 9.6% | 12.0% | 6 |
| 1990s | 11.9% | 9.6% | 15.2% | 8 |
| 2000s | 10.6% | 8.4% | 12.2% | 9 |
| 2010s | 12.3% | 11.0% | 13.3% | 10 |
| 2020s | 13.3% | 10.8% | 14.9% | 5 |
Countries ranked near Argentina
- 57 Bermuda 13.9% compare
- 58 Morocco 13.8% compare
- 59 Cyprus 13.8% compare
- 61 Kazakhstan 13.6% compare
- 62 Republic of Moldova 13.5% compare
- 63 United Arab Emirates 12.2% compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.83 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 61.81 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.13 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -73.08 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0046 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 68.36 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.7 % change on previous year (2025)
Frequently asked questions
- What is machinery and transport equipment in Argentina?
- Machinery and transport equipment in Argentina was 13.7% in 2024, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Argentina?
- The highest recorded value was 15.2% in 1993.
- What is the lowest machinery and transport equipment recorded in Argentina?
- The lowest recorded value was 8.4% in 2002.
- How does Argentina rank for machinery and transport equipment?
- Argentina ranks 60th out of 149 countries with data for 2024.
- Is machinery and transport equipment rising or falling in Argentina?
- Over the last ten years it is up 16.6%. The long-run trend across the full record is rising.
- Where does this Argentina data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).