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General profile: Argentina

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
45.538 Millions
..
648 769 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 2 736 690 km²
134.04 %
-1.71 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-24.5 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
40 351
68 187
56 784
66 789
Merchandise imports
28 689
56 793
60 205
73 714
Merchandise trade balance
11 662
11 395
-3 421
-6 925
Export structure by product group in 2023
(as % of total exports)
4 %4 %22 %22 %11 %11 %63 %63 %
Top 5 partners in 2023
(exports, millions of US$)
11 8575 6485 1744 9402 55511 8575 6485 1744 9402 555
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
6 458
12 817
13 214
16 523
Services imports
7 497
14 621
19 029
22 801
Services trade balance
-1 039
-1 804
-5 815
-6 278
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
20.2
15.4
17.6
12.3
Travel
42.3
38.9
37.3
32.9
Other services
37.5
44.7
44.3
54.3
TRADE INDICES
More data on UNCTADstat
121131134108123111110114100107118131136118101112101901261141141041031041031061001051071141109996958580
ECONOMIC TRENDS
More data on UNCTADstat
-1.7 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
200 622
426 487
644 903
648 769
GDP per capita, current US$
5 116
10 329
14 833
14 247
Real GDP growth, y-on-y, %
8.85
10.13
2.73
-1.71
Current account balance, % of GDP
2.63
-0.38
-2.73
-3.23
Exchange rate (/US$)
2.904
3.896
9.233
..
GDP by expenditure in 2022
(as % of total GDP)
65.515.417.616.315.465.515.417.616.315.4
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.4 %
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
5 265.26
11 332.72
11 758.99
22 910.96
FDI outflows
1 311.06
964.76
875.23
2 403.16
Personal remittances, % of GDP
..
0.15
0.08
..
Financial flows trends
(millions of US$)
1 258.5911.6651.0561.4522.4479.9391.6494.4505.3535.0577.5697.4644.3628.5705.1606.522 91115 4086 9034 8846 64911 71711 5173 26011 7595 0659 82215 32410 84011 3334 0179 7266 4735 5375 2654 1251 6522 1492 16610 418FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
5.93
2.39
-1.38
-1.78
Balance, % of imports
34.21
14.83
-11.60
-12.47
Normalized balance
0.146
0.069
-0.062
-0.066
Trade openness²
(sum of imports and exports as % of GDP)
27313230323125262228293035353441414141
LIVING AREA
Population by living area in 2023
(% of population)
Urban
92%Urban 92%Rural
8%Rural 8%
OTHER INDICATORS
More data on UNCTADstat
0.038 %
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
491
981
652
859
Container port throughput (TEU)
..
2 017 388
1 734 397
..
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
0.19
0.11
0.12
..
Share of ICT goods, % of total imports
11.64
9.02
9.51
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
q
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 11 October 2024