IvanStat

Gross Domestic Product (GDP) in Argentina

GDP of Argentina, 1970-2015

During 1970-2015 GDP of Argentina in current prices grew by 598.4 billion US dollars (in 18.6 times) to 632.3 billion US dollars; change occurred by 27.6 billion US dollars by increasing of people by 19.4 million, as well as by 570.8 billion US dollars by increasing of GDP per capita by 13 147.0 US dollars. The average annual growth of GDP of Argentina was 13.3 billion US dollars or 6.7%. The average annual growth of GDP of Argentina in constant prices was 2.2%. Share in the world dropped by 0.15%. Share in Americas grew by 0.0079%. Minimal GDP was in 1970 (34.0 billion US dollars). Maximal GDP was in 2015 (632.3 billion US dollars).

During 1970-2015 GDP per capita in Argentina rose by 13 147.0 US dollars (in 10.3 times) to 14 565.0 US dollars. The average annual growth of GDP per capita in current prices was 292.2 US dollars or 5.3%.

Change of GDP of Argentina described by linear regression model: y=10.9x-21 533.2, where y - estimated value of GDP of Argentina, x - year. Correlation rate = 0.868. Determination rate = 0.753.

GDP of Argentina, 1970

GDP of Argentina in 1970 was 34.0 billion US dollars, ranked 17th in the world and was on par with GDP of Brazil (35.2 bln. US dollars). Share of Argentina in the world GDP was 1.00%.

GDP per capita in Argentina in 1970 was equal to 1 418.0 US dollars, ranked 45th in the world and was on par with GDP per capita in Greece (1 496.0 US dollars), GDP per capita in Ireland (1 493.0 US dollars), GDP per capita in Greenland (1 483.0 US dollars), GDP per capita in Netherlands Antilles (1 394.0 US dollars). GDP per capita in Argentina was greater than GDP per capita in the World (924.0 US dollars) by 494.0 US dollars.

Comparison of GDP in Argentina and the neighbors in 1970. GDP of Argentina was greater than GDP of Chile (9.6 billion US dollars), GDP of Uruguay (2.5 billion US dollars), GDP of Bolivia (1.0 billion US dollars), GDP of Paraguay (0.5 billion US dollars), but was less than GDP of Brazil (35.2 billion US dollars). GDP per capita in Argentina was greater than GDP per capita in Chile (1 000.0 US dollars), GDP per capita in Uruguay (903.0 US dollars), GDP per capita in Brazil (367.0 US dollars), GDP per capita in Bolivia (224.0 US dollars), GDP per capita in Paraguay (212.0 US dollars).

Comparison of GDP in Argentina and leaders in 1970. GDP of Argentina was less than GDP of the United States (1 075.9 billion US dollars) in 31.7 times, GDP of Germany (215.0 billion US dollars) in 6.3 times, GDP of Japan (211.5 billion US dollars) in 6.2 times, GDP of the United Kingdom (130.7 billion US dollars) in 3.8 times, GDP of China (89.6 billion US dollars) in 2.6 times. GDP per capita in Argentina was greater than GDP per capita in China (111.0 US dollars) in 12.8 times, but was less than GDP per capita in the United States (5 136.0 US dollars) in 3.6 times, GDP per capita in Germany (2 744.0 US dollars) by 93.5%, GDP per capita in the United Kingdom (2 350.0 US dollars) by 65.7%, GDP per capita in Japan (2 040.0 US dollars) by 43.9%.

Potential GDP of Argentina in 1970. With GDP per capita at the level of the United States (5 136.0 US dollars), GDP of Argentina would be 123.1 billion US dollars, it is in 3.6 times more than the actual level. With GDP per capita at the level of Americas (2 598.0 US dollars), GDP of Argentina would be 62.3 billion US dollars, it is by 83.2% more than the actual level.

GDP of Argentina, 2015

GDP of Argentina in 2015 was equal to 632.3 billion US dollars, ranked 21st in the world and was on par with GDP of Switzerland (670.8 bln. US dollars), GDP of Saudi Arabia (653.2 bln. US dollars). Share of Argentina in the world GDP was 0.85%.

GDP per capita in Argentina in 2015 was worth 14 565.0 US dollars, ranked 66th in the world and was on par with GDP per capita in Uruguay (15 574.0 US dollars), GDP per capita in Oman (15 551.0 US dollars), GDP per capita in Barbados (15 429.0 US dollars), GDP per capita in Antigua and Barbuda (14 764.0 US dollars), GDP per capita in Lithuania (14 384.0 US dollars), GDP per capita in Seychelles (14 133.0 US dollars), GDP per capita in Cook Islands (14 118.7 US dollars), GDP per capita in Latvia (13 704.0 US dollars). GDP per capita in Argentina was greater than GDP per capita in the World (10 098.0 US dollars) by 4 467.0 US dollars.

Comparison of GDP in Argentina and the neighbors in 2015. GDP of Argentina was greater than GDP of Chile (240.8 billion US dollars), GDP of Uruguay (53.4 billion US dollars), GDP of Bolivia (33.0 billion US dollars), GDP of Paraguay (27.7 billion US dollars), but was less than GDP of Brazil (1 772.6 billion US dollars). GDP per capita in Argentina was greater than GDP per capita in Chile (13 416.0 US dollars), GDP per capita in Brazil (8 528.0 US dollars), GDP per capita in Paraguay (4 174.0 US dollars), GDP per capita in Bolivia (3 077.0 US dollars), but was less than GDP per capita in Uruguay (15 574.0 US dollars).

Comparison of GDP in Argentina and leaders in 2015. GDP of Argentina was less than GDP of the United States (18 036.6 billion US dollars) in 28.5 times, GDP of China (11 158.5 billion US dollars) in 17.6 times, GDP of Japan (4 383.1 billion US dollars) in 6.9 times, GDP of Germany (3 363.6 billion US dollars) in 5.3 times, GDP of the United Kingdom (2 858.0 billion US dollars) in 4.5 times. GDP per capita in Argentina was greater than GDP per capita in China (8 109.0 US dollars) by 79.6%, but was less than GDP per capita in the United States (56 054.0 US dollars) in 3.8 times, GDP per capita in the United Kingdom (44 162.0 US dollars) in 3.0 times, GDP per capita in Germany (41 686.0 US dollars) in 2.9 times, GDP per capita in Japan (34 629.0 US dollars) in 2.4 times.

Potential GDP of Argentina in 2015. With GDP per capita at the level of the United States (56 054.0 US dollars), GDP of Argentina would be 2 433.6 billion US dollars, it is in 3.8 times more than the actual level. With GDP per capita at the level of Americas (25 231.0 US dollars), GDP of Argentina would be 1 095.4 billion US dollars, it is by 73.2% more than the actual level. With GDP per capita at the level of Uruguay (15 574.0 US dollars), as the best neighbor, GDP of Argentina would be 676.1 billion US dollars, it is by 6.9% more than the actual level.

Size of GDP in Argentina

Gross Domestic Product (GDP) in Argentina, bln. US dollars
Prices197019801990200020102015
current prices34.081.8153.2308.1428.8632.3
constant prices197034.043.739.159.282.988.8
2005105.1135.3121.0183.0256.3274.7
Picture. Argentina: GDP Picture. GDP: share of Argentina in the world

GDP in Argentina and its neighbors, bln. $
Country197019801990200020102015
Brazil35.2191.1406.9652.42 208.81 772.6
Argentina34.081.8153.2308.1428.8632.3
Chile9.630.334.577.4217.5240.8
Uruguay2.510.69.222.840.353.4
Bolivia1.03.54.98.419.633.0
Paraguay0.533.94.77.120.027.7

GDP in Argentina and leaders, bln. $
Country197019801990200020102015
United States1 075.92 862.55 979.610 284.814 964.418 036.6
China89.6305.3398.61 214.96 066.411 158.5
Japan211.51 099.73 140.04 887.55 700.14 383.1
Germany215.0946.71 764.91 950.03 417.13 363.6
United Kingdom130.7565.01 093.21 635.42 429.72 858.0
Argentina34.081.8153.2308.1428.8632.3

Growth of GDP in Argentina

Picture. Argentina: GDP, growth Picture. Argentina: GDP, growth

GDP per capita in Argentina

Picture. Argentina: GDP per capita Picture. Argentina: GDP per capita

GDP per capita in Argentina and its neighbors, $
Country197019801990200020102015
Uruguay903.03 650.02 971.06 872.011 939.015 574.0
Argentina1 418.02 912.04 680.08 315.010 402.014 565.0
Chile1 000.02 700.02 624.05 101.012 785.013 416.0
Brazil367.01 564.02 706.03 711.011 121.08 528.0
Paraguay212.01 236.01 104.01 338.03 228.04 174.0
Bolivia224.0630.0710.01 007.01 981.03 077.0

GDP per capita in Argentina and leaders, $
Country197019801990200020102015
United States5 136.012 468.023 649.036 355.048 291.056 054.0
United Kingdom2 350.010 049.019 142.027 781.038 741.044 162.0
Germany2 744.012 113.022 353.023 810.042 483.041 686.0
Japan2 040.09 487.025 685.038 878.044 770.034 629.0
Argentina1 418.02 912.04 680.08 315.010 402.014 565.0
China111.0312.0345.0957.04 524.08 109.0

Structure of GDP in Argentina

Structure of GDP by expenditures, %
Yearconsumption expenditurecapital formationnet export
totalhousehold expendituregovernment expendituretotalfixed capital formation
197076.768.18.621.634.90.34
198077.166.211.023.136.5-1.3
199081.370.111.212.820.25.3
200084.871.013.814.825.1-0.44
201078.863.715.118.316.72.9
201584.065.718.316.915.6-0.82

© Ivan Kushnir

Special offer

17 research books with $500 discount. All main macroeconomic indicators in the world, all regions and all countries from 1970 to 2015.

$2900