Argentina ranked 24/197 by economy size with a GDP of $638B and 72/197 by GDP per capita at $13,970. Argentina has $540B in government debt, with a debt-to-GDP ratio of 84.7%.
In 2024, Argentina made up 0.58% of the world's economy, compared to 1.16% in 1960.
Argentina GDP & GDP growth by year
| Year | GDP | GDP growth |
|---|---|---|
| 2024 | $638,365,455,340 | -1.34% |
| 2023 | $649,461,687,959 | -1.86% |
| 2022 | $633,993,756,301 | 6.02% |
| 2021 | $486,564,085,480 | 10.4% |
| 2020 | $385,740,508,437 | -9.9% |
| 2019 | $447,754,683,615 | -2% |
| 2018 | $524,819,892,360 | -2.62% |
| 2017 | $643,628,393,281 | 2.82% |
| 2016 | $557,532,320,663 | -2.08% |
| 2015 | $594,749,285,413 | 2.73% |
| 2014 | $526,319,673,732 | -2.51% |
| 2013 | $552,025,140,252 | 2.41% |
| 2012 | $545,982,375,701 | -1.03% |
| 2011 | $530,158,122,010 | 6% |
| 2010 | $423,627,422,092 | 10.1% |
| 2009 | $332,976,484,578 | -5.92% |
| 2008 | $361,558,037,110 | 4.06% |
| 2007 | $287,530,508,431 | 9.01% |
| 2006 | $232,557,260,817 | 8.05% |
| 2005 | $198,737,095,012 | 8.85% |
| 2004 | $164,657,930,453 | 9.03% |
| 2003 | $127,586,973,492 | 8.84% |
| 2002 | $97,724,004,252 | -10.9% |
| 2001 | $268,696,750,000 | -4.41% |
| 2000 | $284,203,750,000 | -0.79% |
| 1999 | $283,523,000,000 | -3.39% |
| 1998 | $298,948,250,000 | 3.85% |
| 1997 | $292,859,000,000 | 8.11% |
| 1996 | $272,149,750,000 | 5.53% |
| 1995 | $258,031,750,000 | -2.85% |
| 1994 | $257,440,000,000 | 5.84% |
| 1993 | $236,741,715,015 | 8.21% |
| 1992 | $228,778,917,308 | 7.94% |
| 1991 | $189,719,984,268 | 9.13% |
| 1990 | $141,352,654,305 | -2.47% |
| 1989 | $76,629,728,760 | -7.16% |
| 1988 | $126,890,235,049 | -1.09% |
| 1987 | $108,810,885,301 | 2.7% |
| 1986 | $105,872,372,614 | 6.15% |
| 1985 | $88,150,891,728 | -5.19% |
| 1984 | $116,915,052,107 | 1.57% |
| 1983 | $103,979,106,778 | 4.35% |
| 1982 | $84,307,486,837 | -0.74% |
| 1981 | $78,676,842,367 | -5.19% |
| 1980 | $76,961,923,741 | 1.52% |
| 1979 | $69,252,328,952 | 10.2% |
| 1978 | $89,049,453,088 | -4.51% |
| 1977 | $56,781,000,101 | 6.93% |
| 1976 | $51,169,499,892 | -2.02% |
| 1975 | $52,438,647,922 | -0.03% |
| 1974 | $72,436,777,342 | 5.53% |
| 1973 | $52,544,000,117 | 2.81% |
| 1972 | $34,733,000,536 | 1.63% |
| 1971 | $33,293,199,095 | 5.66% |
| 1970 | $31,584,210,366 | 3.05% |
| 1969 | $31,256,284,544 | 9.68% |
| 1968 | $26,436,857,247 | 4.82% |
| 1967 | $24,256,667,553 | 3.19% |
| 1966 | $28,630,474,728 | -0.66% |
| 1965 | $28,344,705,967 | 10.6% |
| 1964 | $25,605,249,382 | 10.1% |
| 1963 | $18,272,123,664 | -5.31% |
| 1962 | $18,337,691,145 | -0.85% |
| 1961 | $20,132,220,375 | 5.43% |
| 1960 | $15,865,474,315 | - |
Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).
GeoRank.org/economy/argentina | CC BY 
Argentina GDP per capita by year
| Year | Current $ | |
|---|---|---|
| GDP per capita | GDP per capita, PPP | |
| 2024 | $13,970 | $30,431 |
| 2023 | $14,262 | $30,221 |
| 2022 | $13,962 | $29,809 |
| 2021 | $10,738 | $26,300 |
| 2020 | $8,536 | $22,393 |
| 2019 | $9,956 | $23,517 |
| 2018 | $11,753 | $24,410 |
| 2017 | $14,533 | $23,385 |
| 2016 | $12,700 | $20,106 |
| 2015 | $13,680 | $19,899 |
| 2014 | $12,233 | $19,487 |
| 2013 | $12,964 | $19,929 |
| 2012 | $12,950 | $19,430 |
| 2011 | $12,704 | $19,105 |
| 2010 | $10,260 | $17,848 |
| 2009 | $8,150 | $16,182 |
| 2008 | $8,944 | $17,277 |
| 2007 | $7,185 | $16,455 |
| 2006 | $5,869 | $14,844 |
| 2005 | $5,068 | $13,465 |
| 2004 | $4,242 | $12,118 |
| 2003 | $3,320 | $10,933 |
| 2002 | $2,570 | $9,953 |
| 2001 | $7,141 | $11,118 |
| 2000 | $7,637 | $11,500 |
| 1999 | $7,706 | $11,464 |
| 1998 | $8,219 | $11,836 |
| 1997 | $8,147 | $11,403 |
| 1996 | $7,663 | $10,496 |
| 1995 | $7,358 | $9,891 |
| 1994 | $7,438 | $10,103 |
| 1993 | $6,932 | $9,472 |
| 1992 | $6,790 | $8,668 |
| 1991 | $5,709 | $7,961 |
| 1990 | $4,315 | $7,158 |
| 1989 | $2,375 | - |
| 1988 | $3,993 | - |
| 1987 | $3,477 | - |
| 1986 | $3,436 | - |
| 1985 | $2,906 | - |
| 1984 | $3,915 | - |
| 1983 | $3,538 | - |
| 1982 | $2,915 | - |
| 1981 | $2,764 | - |
| 1980 | $2,748 | - |
| 1979 | $2,512 | - |
| 1978 | $3,282 | - |
| 1977 | $2,126 | - |
| 1976 | $1,947 | - |
| 1975 | $2,027 | - |
| 1974 | $2,845 | - |
| 1973 | $2,098 | - |
| 1972 | $1,409 | - |
| 1971 | $1,373 | - |
| 1970 | $1,323 | - |
| 1969 | $1,330 | - |
| 1968 | $1,142 | - |
| 1967 | $1,064 | - |
| 1966 | $1,275 | - |
| 1965 | $1,282 | - |
| 1964 | $1,176 | - |
| 1963 | $853 | - |
| 1962 | $870 | - |
| 1961 | $971 | - |
| 1960 | $778 | - |
Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).
GeoRank.org/economy/argentina | CC BY
Argentina has a GDP per capita of $13,970, ranking 72/197, a GDP per capita based on purchasing power parity (PPP) of $30,431, ranking 73/197, and a median annual after tax income of $8,743, ranking 84/197.
Argentina GDP rankings by year
| Year | Rank | ||
|---|---|---|---|
| GDP | GDP per capita | GDP per capita, PPP | |
| 2024 | 24 | 67 | 67 |
| 2023 | 24 | 67 | 66 |
| 2022 | 24 | 65 | 63 |
| 2021 | 30 | 69 | 62 |
| 2020 | 30 | 75 | 62 |
| 2019 | 27 | 75 | 65 |
| 2018 | 25 | 65 | 61 |
| 2017 | 21 | 60 | 62 |
| 2016 | 21 | 61 | 65 |
| 2015 | 21 | 57 | 65 |
| 2014 | 26 | 66 | 65 |
| 2013 | 22 | 63 | 65 |
| 2012 | 23 | 62 | 66 |
| 2011 | 23 | 62 | 65 |
| 2010 | 27 | 66 | 65 |
| 2009 | 28 | 70 | 66 |
| 2008 | 28 | 69 | 65 |
| 2007 | 31 | 71 | 65 |
| 2006 | 32 | 74 | 65 |
| 2005 | 33 | 76 | 62 |
| 2004 | 35 | 77 | 64 |
| 2003 | 36 | 78 | 64 |
| 2002 | 40 | 82 | 68 |
| 2001 | 19 | 50 | 61 |
| 2000 | 17 | 49 | 56 |
| 1999 | 18 | 47 | 53 |
| 1998 | 17 | 45 | 49 |
| 1997 | 19 | 46 | 50 |
| 1996 | 21 | 46 | 50 |
| 1995 | 21 | 45 | 49 |
| 1994 | 18 | 43 | 47 |
| 1993 | 18 | 45 | 49 |
| 1992 | 20 | 45 | 52 |
| 1991 | 20 | 46 | 54 |
| 1990 | 25 | 52 | 63 |
| 1989 | 32 | 65 | - |
| 1988 | 21 | 49 | - |
| 1987 | 22 | 50 | - |
| 1986 | 20 | 48 | - |
| 1985 | 20 | 51 | - |
| 1984 | 17 | 41 | - |
| 1983 | 19 | 42 | - |
| 1982 | 23 | 47 | - |
| 1981 | 23 | 49 | - |
| 1980 | 22 | 49 | - |
| 1979 | 23 | 45 | - |
| 1978 | 18 | 37 | - |
| 1977 | 21 | 43 | - |
| 1976 | 21 | 43 | - |
| 1975 | 18 | 42 | - |
| 1974 | 14 | 33 | - |
| 1973 | 16 | 36 | - |
| 1972 | 18 | 36 | - |
| 1971 | 16 | 35 | - |
| 1970 | 16 | 35 | - |
| 1969 | 16 | 25 | - |
| 1968 | 16 | 27 | - |
| 1967 | 16 | 26 | - |
| 1966 | 11 | 22 | - |
| 1965 | 10 | 22 | - |
| 1964 | 10 | 22 | - |
| 1963 | 14 | 24 | - |
| 1962 | 13 | 23 | - |
| 1961 | 10 | 20 | - |
| 1960 | 13 | 22 | - |
Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).
GeoRank.org/economy/argentina | CC BY
Compared with 2000, in 2024 Argentina is ranked 24th out of 182 by GDP (down from 17th), 67th by GDP per capita (down from 49th), and 67th by GDP per capita PPP (down from 56th).
Economic indicators
Argentina
|
Rank | |
|---|---|---|
| Gross domestic product |
$638B
2024 |
24/197 |
| GDP growth |
-1.34%
2023-2024 |
185/194 |
| GDP per capita |
$13,970
2024 |
72/197 |
| GDP per capita, PPP |
$30,431
2024 |
73/197 |
| Government debt |
$540B
2024 |
18/185 |
| Debt-to-GDP ratio |
84.7%
2024 |
39/185 |
| Government debt per person |
$11,826
2024 |
46/185 |
| Average annual personal income after taxes |
$8,743
2026 |
84/197 |
| Listed domestic companies |
85
2021 |
54/103 |
| Market capitalization of domestic companies |
$52.9B
2022 |
48/100 |
| Number of billionaires |
5
2025 |
45/78 |
| Billionaire frequency |
1 in 6,453,729
2025 |
63/78 |
| Income share by richest 10% |
31.2%
2024 |
43/169 |
| Income share by poorest 10% |
1.9%
2024 |
141/169 |
| Government expenditure, % of GDP |
31%
2024 |
90/195 |
| Consumer prices inflation |
219.9%
2023-2024 |
2/195 |
| Central bank interest rate |
29%
2025 |
4/106 |
| Unemployment rate |
1.69%
2024 |
179/196 |
| Population |
46048053
|
35/197 |
Government spending, deficit, and debt by year
| Year | % of GDP | ||
|---|---|---|---|
| Government spending | Government debt | Government deficit/surplus | |
| 2024 | 31% | 84.7% | 0.46% |
| 2023 | 37.6% | 154.6% | -5.33% |
| 2022 | 37.6% | 84.3% | -3.84% |
| 2021 | 37.9% | 81% | -4.33% |
| 2020 | 42.5% | 103.8% | -8.67% |
| 2019 | 38.1% | 89.8% | -4.44% |
| 2018 | 38.9% | 85.2% | -5.44% |
| 2017 | 41.1% | 57% | -6.69% |
| 2016 | 41.5% | 53.1% | -6.65% |
| 2015 | 41.4% | 52.6% | -6% |
| 2014 | 38.9% | 44.7% | -4.25% |
| 2013 | 37.6% | 43.5% | -3.25% |
| 2012 | 36.8% | 40.4% | -3.02% |
| 2011 | 34.9% | 38.9% | -2.75% |
| 2010 | 33.4% | 43.5% | -1.39% |
| 2009 | 34.5% | 55.4% | -1.83% |
| 2008 | 30.8% | 53.8% | 0.35% |
| 2007 | 29.6% | 62.1% | 0.76% |
| 2006 | 26.6% | 70.8% | 1.65% |
| 2005 | 24.4% | 80.3% | 3.34% |
| 2004 | 23% | 117.9% | 3.97% |
| 2003 | 22% | 125.2% | 1.5% |
| 2002 | 21.9% | 147.2% | -1.91% |
| 2001 | 26.4% | 48% | -5.36% |
| 2000 | 25.2% | 40.8% | -3.42% |
| 1999 | 25.5% | 38.9% | -3.71% |
| 1998 | 23.1% | 34.1% | -1.83% |
| 1997 | 22.6% | 31.7% | -1.84% |
| 1996 | 22.7% | 32.6% | -2.81% |
| 1995 | 22.9% | 30.7% | -2.07% |
| 1994 | 22.9% | 28.4% | -1.25% |
| 1993 | 22% | 26.9% | -0.02% |
| 1992 | 12.1% | 25% | 1.54% |
| 1991 | 11.4% | 35.7% | 0.96% |
| 1990 | 11% | 48.5% | -0.14% |
| 1989 | 11% | 118.2% | -0.25% |
| 1988 | 12.3% | 61.4% | -1.75% |
| 1987 | 13.7% | 74.1% | 1.89% |
| 1986 | 13.7% | 55.9% | 3.3% |
| 1985 | 14.7% | 55.2% | 3.6% |
| 1984 | 13% | 54.6% | -1.39% |
| 1983 | 14.2% | 64.2% | -2.89% |
| 1982 | 15.9% | 52.2% | -4.68% |
| 1981 | 17% | 26.5% | -3.93% |
| 1980 | 15.2% | 11.4% | -1.14% |
| 1979 | 14.5% | 12.4% | -1.5% |
| 1978 | 14.9% | 17.5% | -1.36% |
| 1977 | 12.6% | 25.1% | -0.54% |
| 1976 | 13% | 28.7% | -2.39% |
| 1975 | 12.5% | 33.8% | -2.9% |
| 1974 | 14% | 13% | -1.08% |
| 1973 | 12.6% | 12% | -1.48% |
| 1972 | 11.2% | 17.1% | -0.12% |
| 1971 | 11.7% | 15.2% | 0.32% |
| 1970 | 12% | 13.5% | 1.01% |
| 1969 | 12.3% | 9.63% | 0.54% |
| 1968 | 12.8% | 9.43% | 0.25% |
| 1967 | 13% | 10.9% | 0.66% |
| 1966 | 12.1% | 13.4% | -0.98% |
| 1965 | 11.6% | 15.9% | -0.89% |
| 1964 | 11.8% | 16.8% | -1.34% |
| 1963 | 11.2% | 23.4% | -0.65% |
| 1962 | 11.3% | 25.1% | -0.47% |
| 1961 | 12.3% | 8.69% | 1.73% |
| 1960 | 11.3% | 8.39% | -1.98% |
| 1959 | 13.6% | 10.2% | -4.82% |
| 1958 | 13.2% | 17.2% | -6.61% |
| 1957 | 8.42% | 19.7% | -2.72% |
| 1956 | 10.1% | 22% | -3.77% |
| 1955 | 10.2% | 24.1% | -3.75% |
| 1954 | 11% | 23.9% | -3.21% |
| 1953 | 11% | 21.4% | -3.1% |
| 1952 | 11.9% | 18.7% | -3.01% |
| 1951 | 12% | 17.4% | -3.52% |
| 1950 | 11.2% | 20.5% | -3.38% |
| 1949 | 11.8% | 19.7% | -3.98% |
| 1948 | 12.9% | 19.4% | -2.73% |
| 1947 | 9.32% | 20.1% | -1.6% |
| 1946 | 9.89% | 24.2% | -4.12% |
| 1945 | 11.4% | 27.6% | -5.25% |
| 1944 | 11% | 26.9% | -4.61% |
| 1943 | 9.18% | 28.9% | -3.86% |
| 1942 | 8.38% | 28% | -2.9% |
| 1941 | 8.5% | 29.9% | -2.85% |
| 1940 | 8.8% | 30.4% | -2.31% |
| 1939 | 10% | 30.5% | -3.09% |
| 1938 | 9.27% | 28.8% | -2.09% |
| 1937 | 8.61% | 27.2% | -1.62% |
| 1936 | 8.53% | 31.5% | -1.44% |
| 1935 | 8.46% | 30% | -1.16% |
| 1934 | 8.58% | 26.5% | -1.56% |
| 1933 | 8.87% | 28.9% | -1.27% |
| 1932 | 9.37% | 28.2% | -1.19% |
| 1931 | 9.92% | 24.3% | -2.98% |
| 1930 | 9.4% | 19.1% | -3.94% |
| 1929 | 8.01% | 17.9% | -1.95% |
| 1928 | 7.77% | 19.2% | -1.52% |
| 1927 | 9.39% | 19.3% | -3.3% |
| 1926 | 7.04% | 17.4% | -1% |
| 1925 | 6.61% | 16.1% | -0.46% |
| 1924 | 6.15% | 14% | -0.68% |
| 1923 | 6.54% | 13.6% | -0.93% |
| 1922 | 7.11% | 15% | -1.86% |
| 1921 | 6.13% | 14% | -0.99% |
| 1920 | 4.62% | 11.9% | 0.2% |
| 1919 | 4.82% | 14.4% | -0.3% |
| 1918 | 4.83% | 15% | -1.14% |
| 1917 | 6.26% | 21.7% | -2.18% |
| 1916 | 6.66% | 22% | -2.13% |
| 1915 | 7.42% | 23.1% | -2.64% |
| 1914 | 8.64% | 24.6% | -3.03% |
| 1913 | 7.47% | 22.7% | -0.61% |
| 1912 | 7.64% | 23% | -0.78% |
| 1911 | 9.03% | 26.1% | -2.19% |
| 1910 | 8.92% | 22.5% | -2.24% |
| 1909 | 9.42% | 24.5% | -2.57% |
| 1908 | 6.39% | 23% | 0.28% |
| 1907 | 7.24% | 27.2% | -0.2% |
| 1906 | 7.18% | 25.5% | -0.32% |
| 1905 | 10.2% | 27.7% | -3.52% |
| 1904 | 7.53% | 37.3% | 0.15% |
| 1903 | 7.51% | 40.8% | -0.25% |
| 1902 | 9.41% | 48.2% | -2.2% |
| 1901 | 8% | 51% | -0.54% |
| 1900 | 8.25% | 54% | -0.42% |
| 1899 | 8.57% | 61.5% | -0.4% |
| 1898 | 16.6% | 61.8% | -9.31% |
| 1897 | 9.26% | 66.4% | -1.46% |
| 1896 | 9% | 48.3% | -4.19% |
| 1895 | 7.39% | 61.2% | -1.59% |
| 1894 | 7.24% | 71.2% | -1.06% |
| 1893 | 7.42% | 83.8% | 0.06% |
| 1892 | 8.51% | 93.7% | -1.33% |
| 1891 | 10.7% | 117.7% | -4.48% |
| 1890 | 7.73% | 72.1% | -1.82% |
| 1889 | 12.6% | 47.8% | -2.88% |
| 1888 | 7.24% | 38.7% | -0.69% |
| 1887 | 7.26% | 21.2% | 0.35% |
| 1886 | 9.26% | 24% | -2.39% |
| 1885 | 8.62% | 23.3% | -2.67% |
| 1884 | 10.5% | 21.9% | -4.07% |
| 1883 | 10.6% | 24.9% | -4.19% |
| 1882 | 11% | 25.9% | -5.42% |
| 1881 | 8.71% | 29.1% | -2.31% |
| 1880 | 8.04% | 25.9% | -2.15% |
| 1879 | 7.61% | 23.1% | -1.09% |
| 1878 | 6.23% | 23.8% | -1.08% |
| 1877 | 5.58% | 23.4% | -1.68% |
| 1876 | 8.62% | 28.4% | -4.15% |
| 1875 | 9.96% | 26.6% | -3.08% |
| 1874 | 8.91% | 26.3% | -2.59% |
| 1873 | 9.17% | 26.6% | -1.39% |
| 1872 | 8.6% | 28.6% | -1.18% |
| 1871 | 9.59% | 32.8% | -5.54% |
| 1870 | 8.56% | 18.5% | -2.74% |
| 1869 | 6.72% | 16.4% | -1.61% |
| 1868 | 7.19% | 17.2% | -1.8% |
| 1867 | 5.92% | 12.9% | -1.08% |
| 1866 | 4.93% | 9.77% | -2.09% |
| 1865 | 3.51% | 6.62% | -0.79% |
| 1864 | 2.83% | 6.24% | 0.51% |
Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1864–1992, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).
GeoRank.org/economy/argentina | CC BY
This chart shows Argentina's government spending, budget balance, and debt over time, each expressed as a share of GDP.
Over the past 50 years, Argentina recorded a fiscal deficit in 38 of them, with an average annual deficit equal to 1.87% of GDP. In 2024, government spending reached $198B (31% of GDP), with a surplus of 0.46%.
The national debt reached $540B, ranking 18th out of 185 countries by total size, with a debt-to-GDP ratio of 84.7%, ranking 39th.
Inflation rate by year
| Year | Inflation |
|---|---|
| 2024 | 219.9% |
| 2023 | 133.5% |
| 2022 | 72.4% |
| 2021 | 48.4% |
| 2020 | 42% |
| 2019 | 53.5% |
| 2018 | 34.3% |
| 2017 | 25.7% |
| 2016 | - |
| 2015 | - |
| 2014 | - |
| 2013 | 10.6% |
| 2012 | 10% |
| 2011 | 9.8% |
| 2010 | 10.5% |
| 2009 | 6.3% |
| 2008 | 8.6% |
| 2007 | 8.8% |
| 2006 | 10.9% |
| 2005 | 9.6% |
| 2004 | 4.4% |
| 2003 | 13.4% |
| 2002 | 25.9% |
| 2001 | -1.1% |
| 2000 | -0.9% |
| 1999 | -1.2% |
| 1998 | 0.9% |
Data sources: International Monetary Fund (IMF) | World Economic Outlook (1998–2024, retrieved 2026-02-20).
GeoRank.org/economy/argentina | CC BY
Over the past 17 years, Argentina has had an average annual inflation rate of 42%. In 2024, inflation was 219.9%. The bar chart above shows consumer price inflation by year.
Balance of trade
|
Argentina
|
Rank | |
|---|---|---|
|
Current account balance
|
$5.7B
2024 |
32/190 |
| Current account balance, % of GDP |
+0.89%
2024 |
69/190 |
| Goods imports |
$57.4B
2024 |
51/189 |
| Goods exports |
$79.8B
2024 |
43/189 |
| Service imports |
$22.9B
2024 |
48/189 |
| Service exports |
$17.2B
2024 |
53/189 |
| Imports of goods and services, % of GDP |
12.7%
2024 |
177/181 |
| Exports of goods and services, % of GDP |
15.2%
2024 |
167/193 |
Argentina top 10 trading partners
Argentina's biggest trading partner accounting for 20.3% of all exports and imports is Brazil, with a trade balance between the two of -$739M: Argentina exports $13.6B worth of goods and services to Brazil and imports $14.3B.
Below is the list of the top 10 trade partners of Argentina.
| Rank | Country | Trade value | Share of total trade | Export to | Import from | Top export to | Top import from |
|---|---|---|---|---|---|---|---|
| 1 |
Brazil
|
$28B | 20.3% | $13.6B | $14.3B | Machinery & equipment | Machinery & equipment |
| 2 |
China
|
$17.6B | 12.8% | $5.96B | $11.7B | Raw agricultural goods | Machinery & equipment |
| 3 |
United States
|
$12.7B | 9.22% | $6.46B | $6.23B | Raw materials & minerals | Machinery & equipment |
| 4 |
Chile
|
$7.06B | 5.13% | $6.33B | $727M | Raw materials & minerals | Metals |
| 5 |
India
|
$5.23B | 3.8% | $3.93B | $1.3B | Processed food, beverages & tobacco | Chemicals & pharma |
| 6 |
Paraguay
|
$4.75B | 3.45% | $1.44B | $3.31B | Raw materials & minerals | Raw agricultural goods |
| 7 |
Vietnam
|
$4.06B | 2.95% | $3.28B | $778M | Processed food, beverages & tobacco | Machinery & equipment |
| 8 |
Germany
|
$3.47B | 2.52% | $814M | $2.66B | Animal & marine products | Machinery & equipment |
| 9 |
Peru
|
$2.72B | 1.97% | $2.48B | $236M | Raw agricultural goods | Raw materials & minerals |
| 10 |
Uruguay
|
$2.6B | 1.89% | $1.78B | $818M | Chemicals & pharma | Raw agricultural goods |
Top 10 exports
|
Argentina
|
Rank | |
|---|---|---|
| Processed food, beverages & tobacco | $18.7B | 17/192 |
| Raw agricultural goods | $15.3B | 14/193 |
| Miscellaneous | $11.2B | 14/191 |
| Machinery & equipment | $9.24B | 47/193 |
| Raw materials & minerals | $8.84B | 61/193 |
| Transport & tourism services | $7.8B | 54/188 |
| Animal & marine products | $7B | 23/192 |
| Business & finance services | $5.08B | 43/188 |
| Chemicals & pharma | $4.26B | 46/193 |
| IT & IP services | $2.97B | 40/183 |
Top 10 imports
|
Argentina
|
Rank | |
|---|---|---|
| Machinery & equipment | $26.8B | 43/193 |
| Transport & tourism services | $13.5B | 43/188 |
| Chemicals & pharma | $11.3B | 41/193 |
| Raw materials & minerals | $8.37B | 57/193 |
| Raw agricultural goods | $4.24B | 33/193 |
| Business & finance services | $4.23B | 51/188 |
| IT & IP services | $3.85B | 38/182 |
| Textiles & consumer goods | $3.39B | 60/193 |
| Metals | $3.31B | 63/193 |
| Processed food, beverages & tobacco | $1.23B | 91/193 |
Economic freedom indices
|
Argentina
|
Rank | |
|---|---|---|
| Economic freedom | 57.4 | 117/197 |
| Property rights | 41.2 | 118/182 |
| Government integrity | 41.2 | 92/182 |
| Judicial effectiveness | 58.2 | 67/182 |
| Tax burden | 67.8 | 155/182 |
| Government spending | 62.3 | 117/180 |
| Fiscal health | 72.2 | 98/181 |
| Business freedom | 56.8 | 122/182 |
| Labor freedom | 53.5 | 119/182 |
| Monetary freedom | 28.9 | 174/180 |
| Trade freedom | 67.4 | 114/181 |
| Investment freedom | 70 | 25/181 |
| Financial freedom | 70 | 17/181 |
Economic freedom by year
| Year | Index | ||||
|---|---|---|---|---|---|
| Economic freedom | Judicial effectiveness | Tax burden | Government spending | Fiscal health | |
| 2026 | 57.4 | 58.2 | 67.8 | 62.3 | 72.2 |
| 2025 | 54.2 | 56.5 | 70.8 | 57.1 | 67.9 |
| 2024 | 49.9 | 55.8 | 67 | 54.3 | 35.7 |
| 2023 | 51 | 42.8 | 66.9 | 53.9 | 33.6 |
| 2022 | 50.1 | 57.9 | 73.3 | 53 | 16.8 |
| 2021 | 52.7 | 45.7 | 70.4 | 52.8 | 38.4 |
| 2020 | 53.1 | 47 | 69.6 | 50.7 | 24.7 |
| 2019 | 52.2 | 44.5 | 69.3 | 49.5 | 33 |
| 2018 | 52.3 | 44.5 | 65.7 | 55.6 | 52.6 |
| 2017 | 50.4 | 39.6 | 62.6 | 54.6 | 56.4 |
| 2016 | 43.8 | - | 66.1 | 51.3 | - |
| 2015 | 44.1 | - | 66.8 | 41.2 | - |
| 2014 | 44.6 | - | 63.5 | 49.9 | - |
| 2013 | 46.7 | - | 64.3 | 52.1 | - |
| 2012 | 48 | - | 65.5 | 56.9 | - |
| 2011 | 51.7 | - | 68.7 | 81.7 | - |
| 2010 | 51.2 | - | 69.5 | 75.6 | - |
| 2009 | 52.3 | - | 70.3 | 75.6 | - |
| 2008 | 54.2 | - | 70.5 | 80.9 | - |
| 2007 | 54 | - | 70.7 | 81.5 | - |
| 2006 | 53.4 | - | 71.5 | 81.5 | - |
| 2005 | 51.7 | - | 72.7 | 73.7 | - |
| 2004 | 53.9 | - | 72.4 | 78.8 | - |
| 2003 | 56.3 | - | 72.2 | 76.8 | - |
| 2002 | 65.7 | - | 72.4 | 76.5 | - |
| 2001 | 68.6 | - | 72.5 | 79.7 | - |
| 2000 | 70 | - | 74 | 79.7 | - |
| 1999 | 70.6 | - | 77.6 | 83.9 | - |
| 1998 | 70.9 | - | 77.7 | 83.3 | - |
| 1997 | 73.3 | - | 80.2 | 90 | - |
| 1996 | 74.7 | - | 80.2 | 89.4 | - |
| 1995 | 68 | - | 80.7 | 86.6 | - |
Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).
GeoRank.org/economy/argentina | CC BY
Argentina is ranked 104/174 for economic freedom with a score of 57.4, compared to 120/162 and a score of 53.4 in 2006.
Other economic metrics
|
Argentina
|
Rank | |
|---|---|---|
| Services, % of GDP |
53.7%
2024 |
114/191 |
| Industry, % of GDP |
24%
2024 |
98/194 |
| Agriculture, forestry, and fishing, % of GDP |
5.81%
2024 |
102/193 |
|
GNI, Atlas method
|
$618B
2024 |
24/194 |
| GNI per capita, PPP |
$29,800
2024 |
68/191 |
| Total reserves including gold |
$29.6B
2024 |
56/177 |
|
Net foreign direct investment
|
-$8.89B
2024 |
176/189 |
|
Net inflows of foreign direct investment
|
$11.6B
2024 |
37/193 |
|
Net outflows of foreign direct investment
|
$2.76B
2024 |
40/193 |
|
Servicing debt to the IMF, % of GNI
|
6.32%
2024 |
35/121 |
| Poverty at national poverty lines |
38.1%
2024 |
41/176 |
|
Gross capital formation, % of GDP
|
15.8%
2024 |
153/178 |
Compare Argentina vs other countries
GDP per capita map
Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).
GeoRank.org/economy/argentina | CC BY
Help us show the world through your eyes
Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.
Data sources:
- World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
- International Monetary Fund (IMF) | Public Finances in Modern History (1864–1992, retrieved 2026-02-20)
- International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20)
- The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
- U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
- TradeMap (2022–2024, retrieved 2026-02-08)
- United Nations | World Population Prospects (2026, retrieved 2026-03-10)
- LivingCost (2026, retrieved 2025-10-14)
Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.
The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.
Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.
A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).
Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.
Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.
Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.
Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.