Argentina

1980

2026

2030

Argentina

1980

2026

2030

Argentina Economic Statistics (2026)

What to know

GDP per capita (PPP) in 2026: $32,818—an upper-middle income level.

The economy has grown at an average rate of 3.6% over the past 5 years.

Inflation is high at 16.4%, eroding purchasing power.

Key statistics for 2026

GDP per capita (PPP)

$32,818

GDP growth

+4.0%

Inflation rate

16.4%

Unemployment

6.6%

Key terms

GDP: — Gross Domestic Product—the total value of goods and services produced in a country annually.
GDP PPP: — GDP adjusted for purchasing power parity—what money actually buys in each country.
GDP per capita: — GDP divided by population—a measure of average economic output per person.
Inflation rate: — Annual percentage increase in the general price level of goods and services.
Fiscal balance: — Government revenue minus expenditure. Surplus if positive, deficit if negative.
Current account: — Net flow of goods, services, and transfers with the rest of the world.

Output & Growth

How has the economy recovered from recession?

Total economic output and annual growth rate

Total GDP is $668 billion, with steady growth of 4.0% in 2026.

Living Standards

How wealthy are citizens on average?

Average economic output per person

GDP per capita is $13,895 in nominal terms, but $32,818 when adjusted for local purchasing power—indicating lower prices than in the US.

Prices & Employment

How severe is inflation?

Consumer price inflation and labor market conditions

The economy is experiencing high inflation at 16.4% and moderate unemployment at 6.6%.

Government Finances

How sustainable are public finances?

Government debt, revenue, and expenditure as percentage of GDP

Government debt is elevated at 74% of GDP. The government collects more than it spends (revenue: 33.1%, expenditure: 32.8% of GDP).

External & Fiscal Balance

What is the external and fiscal balance?

Fiscal balance and current account as percentage of GDP

The country is running a fiscal surplus of 0.3% and a current account deficit of 0.4% of GDP.

The bottom line

Argentina has an upper-middle income economy with GDP per capita (PPP) of $33k. After a recent recession, growth has returned. High inflation (16.4%) is a challenge.