World Economic Outlook Database, October 2018

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       Shaded cells indicate IMF staff estimates
CountrySubject DescriptorUnitsScaleCountry/Series-specific Notes20152016201720182019202020212022
ArgentinaGross domestic product, constant pricesNational currencyBillionsSource: National Statistics Office
Latest actual data: 2017
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2004
Chain-weighted: No
Primary domestic currency: Argentine peso
Data last updated: 09/2018721.487708.338728.557709.284697.800712.933730.813753.334
ArgentinaGross domestic product, constant pricesPercent change See notes for: 
Gross domestic product, constant prices (National currency).2.731-1.8232.854-2.645-1.6192.1692.5083.082
ArgentinaGross domestic product, current pricesNational currencyBillionsSource: National Statistics Office
Latest actual data: 2017
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2004
Chain-weighted: No
Primary domestic currency: Argentine peso
Data last updated: 09/20185,954.5118,188.74910,555.84613,628.72917,811.49220,920.34023,677.87925,968.965
ArgentinaGross domestic product, current pricesU.S. dollarsBillionsSee notes for: 
Gross domestic product, current prices (National currency).642.464554.107637.557475.429408.030444.980476.896508.882
ArgentinaGross domestic product, current pricesPurchasing power parity; international dollarsBillionsSee notes for: 
Gross domestic product, current prices (National currency).886.442879.799922.115918.572922.951960.9451,003.3861,053.550
ArgentinaGross domestic product, deflatorIndex See notes for: 
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).825.3111,156.0511,448.8711,921.4772,552.5212,934.4063,239.9353,447.202
ArgentinaGross domestic product per capita, constant pricesNational currencyUnitsSee notes for: 
Gross domestic product, constant prices (National currency)
Population (Persons).16,727.43516,246.25716,527.24115,914.06815,485.17715,647.96615,864.99216,175.038
ArgentinaGross domestic product per capita, current pricesNational currencyUnitsSee notes for: 
Gross domestic product, current prices (National currency)
Population (Persons).138,053.315187,815.095239,458.407305,785.206395,262.394459,174.783514,015.451557,586.303
ArgentinaGross domestic product per capita, current pricesU.S. dollarsUnitsSee notes for: 
Gross domestic product, current prices (National currency)
Population (Persons).14,895.31612,708.86514,462.92010,667.1049,054.7709,766.74710,352.77810,926.334
ArgentinaGross domestic product per capita, current pricesPurchasing power parity; international dollarsUnitsSee notes for: 
Gross domestic product, current prices (National currency)
Population (Persons).20,551.85520,178.85220,918.09720,609.82620,481.60321,091.52021,782.18122,621.044
ArgentinaOutput gap in percent of potential GDPPercent of potential GDP          
ArgentinaGross domestic product based on purchasing-power-parity (PPP) share of world totalPercent See notes for: 
Gross domestic product, current prices (National currency).0.7660.7290.7230.6790.6450.6360.6290.627
ArgentinaImplied PPP conversion rateNational currency per current international dollar See notes for: 
Gross domestic product, current prices (National currency).6.7179.30811.44714.83719.29821.77123.59824.649
ArgentinaTotal investmentPercent of GDP Source: National Statistics Office
Latest actual data: 2017
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2004
Chain-weighted: No
Primary domestic currency: Argentine peso
Data last updated: 09/201817.07117.02718.64023.73730.39731.21131.90432.247
ArgentinaGross national savingsPercent of GDP Source: National Statistics Office
Latest actual data: 2017
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2004
Chain-weighted: No
Primary domestic currency: Argentine peso
Data last updated: 09/201815.83416.76317.56616.30213.88813.93014.58415.045
ArgentinaInflation, average consumer pricesIndex Source: National Statistics Office
Latest actual data: 2017
Notes: The consumer price data for Argentina before December 2013 reflect the consumer price index (CPI) for the Greater Buenos Aires Area (CPI-GBA), while from December 2013 to October 2015 the data reflect the national CPI (IPCNu). The new government that took office in December 2015 discontinued the IPCNu, stating that it was flawed, and released a new CPI for the Greater Buenos Aires Area on June 15, 2016 (a new national CPI index has been disseminated starting in June 2017). At its November 9, 2016, meeting, the IMF Executive Board considered the new CPI series to be in line with international standards and lifted the declaration of censure issued in 2013. Given the differences in geographical coverage, weights, sampling, and methodology of these series, the average CPI inflation for 2014, 2015, and 2016 and end-of-period inflation for 2015 and 2016 are not reported in the October 2017 World Economic Outlook.
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2013/14. The actual data are for calendar year the official index we are using for the WEO submission had the base year of Oct13-Sep14, hence the 2013/14 notation.
Primary domestic currency: Argentine peso
Data last updated: 09/2018n/a168.270211.473278.805367.151423.573468.844499.856
ArgentinaInflation, average consumer pricesPercent change See notes for: 
Inflation, average consumer prices (Index).n/an/a25.67531.84031.68715.36810.6886.615
ArgentinaInflation, end of period consumer pricesIndex Source: National Statistics Office
Latest actual data: 2017
Notes: The consumer price data for Argentina before December 2013 reflect the consumer price index (CPI) for the Greater Buenos Aires Area (CPI-GBA), while from December 2013 to October 2015 the data reflect the national CPI (IPCNu). The new government that took office in December 2015 discontinued the IPCNu, stating that it was flawed, and released a new CPI for the Greater Buenos Aires Area on June 15, 2016 (a new national CPI index has been disseminated starting in June 2017). At its November 9, 2016, meeting, the IMF Executive Board considered the new CPI series to be in line with international standards and lifted the declaration of censure issued in 2013. Given the differences in geographical coverage, weights, sampling, and methodology of these series, the average CPI inflation for 2014, 2015, and 2016 and end-of-period inflation for 2015 and 2016 are not reported in the October 2017 World Economic Outlook.
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2013/14. The actual data are for calendar year the official index we are using for the WEO submission had the base year of Oct13-Sep14, hence the 2013/14 notation.
Primary domestic currency: Argentine peso
Data last updated: 09/2018n/a187.331233.781328.352394.679445.987486.126510.433
ArgentinaInflation, end of period consumer pricesPercent change See notes for: 
Inflation, end of period consumer prices (Index).n/an/a24.79640.45320.20013.0009.0005.000
ArgentinaUnemployment ratePercent of total labor force Source: National Statistics Office
Latest actual data: 2016
Notes: Argentina's authorities discontinued the publication of labor market data in December 2015 and released new series starting in the second quarter of 2016.
Employment type: National definition
Primary domestic currency: Argentine peso
Data last updated: 09/2018n/a8.4678.3508.8889.3949.1928.9288.654
ArgentinaEmploymentPersonsMillions         
ArgentinaPopulationPersonsMillionsSource: National Statistics Office
Latest actual data: 2016
Notes: Based on the National Census of 2001
Primary domestic currency: Argentine peso
Data last updated: 09/201843.13243.60044.08244.57045.06245.56146.06546.574
ArgentinaGeneral government structural balanceNational currencyBillionsSource: Ministry of Economy and/or Planning. http://www.mecon.gov.ar/onp/html/ejectexto/cuenta_nac_dosuno.html?var1=cuentanacdosnueve
Latest actual data: 2017
Notes: Government gross debt refers to the central government including untendered debt.
Fiscal assumptions: Fiscal projections are based on the available information regarding budget outturn and budget plans for the federal and provincial governments, fiscal measures announced by the authorities, and on IMF staff macroeconomic projections.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986
Basis of recording: Cash. Central (National) government net lending/borrowing includes cash interest payments only.
General government includes: Central Government; State Government; Social Security Funds
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Securities Other than Shares; Loans
Primary domestic currency: Argentine peso
Data last updated: 09/2018-387.493-556.042-708.089-551.943-76.827261.053320.783379.592
ArgentinaGeneral government structural balancePercent of potential GDP See notes for: 
General government structural balance (National currency).-6.582-6.671-6.681-3.848-0.3991.1621.2741.389
ArgentinaCurrent account balanceU.S. dollarsBillionsSource: National Statistics Office
Latest actual data: 2017
BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6)
Primary domestic currency: Argentine peso
Data last updated: 09/2018-17.622-14.693-31.324-17.531-13.193-14.744-14.401-15.873
ArgentinaCurrent account balancePercent of GDP See notes for: 
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).-2.743-2.652-4.913-3.687-3.233-3.313-3.020-3.119
Notes
  Country/Series-specific Notes  
  Argentina: Gross domestic product, constant prices (National currency)
Source: National Statistics Office
Latest actual data: 2017
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2004
Chain-weighted: No
Primary domestic currency: Argentine peso
Data last updated: 09/2018


Argentina: Gross domestic product, constant prices (Percent change)
See notes for:
Gross domestic product, constant prices (National currency).


Argentina: Gross domestic product, current prices (National currency)
Source: National Statistics Office
Latest actual data: 2017
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2004
Chain-weighted: No
Primary domestic currency: Argentine peso
Data last updated: 09/2018


Argentina: Gross domestic product, current prices (U.S. dollars)
See notes for:
Gross domestic product, current prices (National currency).


Argentina: Gross domestic product, current prices (Purchasing power parity; international dollars)
See notes for:
Gross domestic product, current prices (National currency).


Argentina: Gross domestic product, deflator (Index)
See notes for:
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).


Argentina: Gross domestic product per capita, constant prices (National currency)
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).


Argentina: Gross domestic product per capita, current prices (National currency)
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).


Argentina: Gross domestic product per capita, current prices (U.S. dollars)
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).


Argentina: Gross domestic product per capita, current prices (Purchasing power parity; international dollars)
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).


Argentina: Gross domestic product based on purchasing-power-parity (PPP) share of world total (Percent)
See notes for:
Gross domestic product, current prices (National currency).


Argentina: Implied PPP conversion rate (National currency per current international dollar)
See notes for:
Gross domestic product, current prices (National currency).


Argentina: Total investment (Percent of GDP)
Source: National Statistics Office
Latest actual data: 2017
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2004
Chain-weighted: No
Primary domestic currency: Argentine peso
Data last updated: 09/2018


Argentina: Gross national savings (Percent of GDP)
Source: National Statistics Office
Latest actual data: 2017
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2004
Chain-weighted: No
Primary domestic currency: Argentine peso
Data last updated: 09/2018


Argentina: Inflation, average consumer prices (Index)
Source: National Statistics Office
Latest actual data: 2017
Notes: The consumer price data for Argentina before December 2013 reflect the consumer price index (CPI) for the Greater Buenos Aires Area (CPI-GBA), while from December 2013 to October 2015 the data reflect the national CPI (IPCNu). The new government that took office in December 2015 discontinued the IPCNu, stating that it was flawed, and released a new CPI for the Greater Buenos Aires Area on June 15, 2016 (a new national CPI index has been disseminated starting in June 2017). At its November 9, 2016, meeting, the IMF Executive Board considered the new CPI series to be in line with international standards and lifted the declaration of censure issued in 2013. Given the differences in geographical coverage, weights, sampling, and methodology of these series, the average CPI inflation for 2014, 2015, and 2016 and end-of-period inflation for 2015 and 2016 are not reported in the October 2017 World Economic Outlook.
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2013/14. The actual data are for calendar year the official index we are using for the WEO submission had the base year of Oct13-Sep14, hence the 2013/14 notation.
Primary domestic currency: Argentine peso
Data last updated: 09/2018


Argentina: Inflation, average consumer prices (Percent change)
See notes for:
Inflation, average consumer prices (Index).


Argentina: Inflation, end of period consumer prices (Index)
Source: National Statistics Office
Latest actual data: 2017
Notes: The consumer price data for Argentina before December 2013 reflect the consumer price index (CPI) for the Greater Buenos Aires Area (CPI-GBA), while from December 2013 to October 2015 the data reflect the national CPI (IPCNu). The new government that took office in December 2015 discontinued the IPCNu, stating that it was flawed, and released a new CPI for the Greater Buenos Aires Area on June 15, 2016 (a new national CPI index has been disseminated starting in June 2017). At its November 9, 2016, meeting, the IMF Executive Board considered the new CPI series to be in line with international standards and lifted the declaration of censure issued in 2013. Given the differences in geographical coverage, weights, sampling, and methodology of these series, the average CPI inflation for 2014, 2015, and 2016 and end-of-period inflation for 2015 and 2016 are not reported in the October 2017 World Economic Outlook.
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2013/14. The actual data are for calendar year the official index we are using for the WEO submission had the base year of Oct13-Sep14, hence the 2013/14 notation.
Primary domestic currency: Argentine peso
Data last updated: 09/2018


Argentina: Inflation, end of period consumer prices (Percent change)
See notes for:
Inflation, end of period consumer prices (Index).


Argentina: Unemployment rate (Percent of total labor force)
Source: National Statistics Office
Latest actual data: 2016
Notes: Argentina's authorities discontinued the publication of labor market data in December 2015 and released new series starting in the second quarter of 2016.
Employment type: National definition
Primary domestic currency: Argentine peso
Data last updated: 09/2018


Argentina: Population (Persons)
Source: National Statistics Office
Latest actual data: 2016
Notes: Based on the National Census of 2001
Primary domestic currency: Argentine peso
Data last updated: 09/2018


Argentina: General government structural balance (National currency)
Source: Ministry of Economy and/or Planning. http://www.mecon.gov.ar/onp/html/ejectexto/cuenta_nac_dosuno.html?var1=cuentanacdosnueve
Latest actual data: 2017
Notes: Government gross debt refers to the central government including untendered debt.
Fiscal assumptions: Fiscal projections are based on the available information regarding budget outturn and budget plans for the federal and provincial governments, fiscal measures announced by the authorities, and on IMF staff macroeconomic projections.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986
Basis of recording: Cash. Central (National) government net lending/borrowing includes cash interest payments only.
General government includes: Central Government; State Government; Social Security Funds
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Securities Other than Shares; Loans
Primary domestic currency: Argentine peso
Data last updated: 09/2018


Argentina: General government structural balance (Percent of potential GDP)
See notes for:
General government structural balance (National currency).


Argentina: Current account balance (U.S. dollars)
Source: National Statistics Office
Latest actual data: 2017
BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6)
Primary domestic currency: Argentine peso
Data last updated: 09/2018


Argentina: Current account balance (Percent of GDP)
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).


 
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