ARG · Latin America & Caribbean / Latin America & Caribbean (excluding high income)

Location

GDP per capita: 13,970 USD (PPP: 30,431 intl$) · Total GDP: 638.4 billion USD (2024)

Income and purchasing power

The average monthly income in Argentina is 1,128 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Cost of Living

Cost of living indices are relative to New York City (NYC = 100). Lower index means lower costs. Data as of November 2025.

Cost of Living Index
32.0
Est. monthly cost: $1,120
68.0% cheaper than NYC
Rent Index
12.0
1-bedroom, center: $336/month
88.0% cheaper than NYC
Groceries Index
35.0
Per person/month: $158
65.0% cheaper than NYC
Restaurant Price Index
38.0
Mid-range meal: $8
Purchasing Power Index
38.0
62.0% lower than NYC
(Higher is better)

How to read: All indices are relative to New York City (NYC = 100). An index of 70 means costs are 30% lower than NYC. Estimated prices are calculated based on NYC reference prices.

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Economic performance 2024

Indicator Value Per Capita
GDP 638.37 billion USD 13,970 USD
Gross National Product (GNI) 13,530 USD
GDP (PPP) 30,431 intl$

Development of gross domestic product in billions of USD 1960 - 2024

Year GDP (billions USD) GDP per capita (USD)
2024 638.37 13,970
2023 649.46 14,262
2022 633.99 13,962
2021 486.56 10,738
2020 385.74 8,536
2019 447.75 9,956
2018 524.82 11,753
2017 643.63 14,533
2016 557.53 12,700
2015 594.75 13,680
2014 526.32 12,233
2013 552.03 12,964
2012 545.98 12,950
2011 530.16 12,704
2010 423.63 10,260
2009 332.98 8,150
2008 361.56 8,944
2007 287.53 7,185
2006 232.56 5,869
2005 198.74 5,068
2004 164.66 4,242
2003 127.59 3,320
2002 97.72 2,570
2001 268.70 7,141
2000 284.20 7,637
1999 283.52 7,706
1998 298.95 8,219
1997 292.86 8,147
1996 272.15 7,663
1995 258.03 7,358
1994 257.44 7,438
1993 236.74 6,932
1992 228.78 6,790
1991 189.72 5,709
1990 141.35 4,315
1989 76.63 2,375
1988 126.89 3,993
1987 108.81 3,477
1986 105.87 3,436
1985 88.15 2,906
1984 116.92 3,915
1983 103.98 3,538
1982 84.31 2,915
1981 78.68 2,764
1980 76.96 2,748
1979 69.25 2,512
1978 89.05 3,282
1977 56.78 2,126
1976 51.17 1,947
1975 52.44 2,027
1974 72.44 2,845
1973 52.54 2,098
1972 34.73 1,409
1971 33.29 1,373
1970 31.58 1,323
1969 31.26 1,330
1968 26.44 1,142
1967 24.26 1,064
1966 28.63 1,275
1965 28.34 1,282
1964 25.61 1,176
1963 18.27 853
1962 18.34 870
1961 20.13 971
1960 15.87 778

Largest economic sectors

The main economic sectors in Argentina play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Indicator Argentina Per Capita
Imports 80.94 billion USD (12.7% of GDP)
Exports 97.35 billion USD (15.2% of GDP)

Household debt and deficits 2024

Indicator Argentina
Household debt 253.50 billion USD (39.7% of GDP)

Corruption in Argentina

The Corruption Perceptions Index (CPI) measures the perceived levels of public sector corruption. The scale ranges from 0 (highly corrupt) to 100 (very clean).

Corruption Perceptions Index
37.0
Year: 2024
Corrupt
Scale: 0-100
Data source: Transparency International

Unemployment rates in percentages 1991 - 2025

The unemployment rate is calculated as the percentage of unemployed persons in the total labor force. Data source: ILOSTAT

Year Unemployment Rate (%)
2025 7.1%
2024 7.2%
2023 6.1%
2022 6.8%
2021 8.7%
2020 11.5%
2019 9.8%
2018 9.2%
2017 8.3%
2016 8.1%
2015 7.6%
2014 7.3%
2013 7.1%
2012 7.2%
2011 7.2%
2010 7.7%
2009 8.6%
2008 7.8%
2007 8.5%
2006 10.1%
2005 11.5%
2004 13.5%
2003 15.4%
2002 19.6%
2001 17.3%
2000 15.0%
1999 14.1%
1998 12.7%
1997 14.8%
1996 17.1%
1995 18.8%
1994 11.8%
1993 10.1%
1992 6.4%
1991 5.4%

Inflation rates in percentages 2018 - 2024

Year Inflation Rate (%)
2024 219.9%
2023 133.5%
2022 72.4%
2021 48.4%
2020 42.0%
2019 53.5%
2018 34.3%

Frequently Asked Questions

What is the GDP per capita of Argentina in 2024?

The GDP per capita of Argentina is 13,970 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 30,431 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in Argentina?

The main economic sectors in Argentina include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in Argentina in 2024?

The inflation rate in Argentina is 219.9% in 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of Argentina including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare Argentina's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of Argentina's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: June 2026