Argentina - Nominal Gross Domestic Product

Argentina: Nominal Gross Domestic Product

Mnemonic GDP.IARG
Unit Ths. ARS, NSAAR
Adjustments Not Seasonally Adjusted at Annual Rate
Quarterly 25.5 %
Data 2021 Q2 46,634,774,203
2021 Q1 37,158,105,871

Series Information

Source National Institute of Statistics and Censuses of the Argentine Republic (INDEC)
Release National Accounts - by Industry
Frequency Quarterly
Start Date 3/31/1993
End Date 6/30/2021

Argentina: GDP

Reference Last Previous Units Frequency
Government Consumption 2021 Q2 6,250,099,182 4,999,696,188 Ths. ARS, NSAAR Quarterly
Nominal Gross Domestic Product 2021 Q2 46,634,774,203 37,158,105,871 Ths. ARS, NSAAR Quarterly
Private Consumption 2021 Q2 28,895,572,513 24,310,917,695 Ths. ARS, NSAAR Quarterly
Real Government Consumption 2021 Q2 96,110,892 95,630,495 Ths. 2004 ARS, CDASAAR Quarterly
Real Gross Domestic Product 2021 Q2 665,002,557 674,394,716 Ths. 2004 ARS, SAAR Quarterly
Real Private Consumption 2021 Q2 449,914,045 444,935,743 Ths. 2004 ARS, SAAR Quarterly

Release Information

For Argentina, the quarterly national accounts and annual regional accounts, released by INDEC, are based on internationally accepted definitions, classifications, and accounting rules. They are developed and presented in a format designed for decision making and formulation of economic policy.

National accounts:

  • National accounts framework: UN SNA 2008 where possible, else UN SNA 1993
  • Industry classification: CIIU Rev. 3.1
  • Measurements:
    • Thousands of constant year-2004 Argentinian pesos (Ths. 2004 ARS)
    • At current prices
  • Adjustment: Not seasonally adjusted annualized rate (NSAAR)
  • Native frequency: Quarterly
  • Start date: As early as 1993Q1

Regional accounts:

  • Adjustment: Not applicable
  • Native frequency: Annual
  • Start date: 2004

Taking into account the recommendations of the UN's 2008 System of National Accounts (SNA 2008), INDEC has estimated a range of key macroeconomic aggregates, such as the Gross Domestic Product (GDP) base 2004 and the Monthly Economic Activity Estimator.

Moody's Analytics supplements

We compute seasonally adjusted (SA) counterparts to GDP(E) and GVA by industry at current and constant prices. Like the fundamentals, they are annualized (SAAR).