Argentina GDP Annual Growth Rate

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The economy of Argentina shrank 2.1 percent year-on-year in the fourth quarter of 2016, following a downwardly revised 3.7 percent decline in the previous period and worse than market expectations of a 2.0 percent contraction. Slower contraction was reported for: investment (-7.7 percent vs -8.2 percent in Q3) and private spending (-2.1 percent vs -2.9 percent) while government spending declined by 2.0 percent (+0.9 percent in Q3). Meanwhile, exports rebounded 7.7 percent (-1.8 percent in Q3) and imports grew by 2.1 percent (-0.7 percent in Q3). On a quarterly basis, the economy expanded by 0.5 percent compared to 0.1 percent growth in Q3. Considering full 2016, the GDP shrank 2.3 percent, following a 2.6 percent expansion in 2015. GDP Annual Growth Rate in Argentina averaged 2.57 percent from 1994 until 2016, reaching an all time high of 16.20 percent in the second quarter of 2010 and a record low of -16.30 percent in the first quarter of 2002.


Argentina GDP Annual Growth Rate

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Argentina is the third largest economy in Latin America. The services sector is the most important and accounts for 64 percent of total GDP. The biggest segments within Services are: wholesale and retail trade and repairs (14 percent of total GDP); transport, warehousing and communications (12.2 percent); real estate (12 percent); education, health and social services (7.2 percent) and financial intermediation (7 percent). Industry constitutes 25 percent of the GDP and the largest segments within this sector are: manufacturing (16 percent of total GDP); construction (5 percent) and electricity, water and gas distribution (3 percent). The government fuels 7 percent of the GDP and the agriculture and fishing sector accounts for the remaining 4 percent of GDP. This page provides the latest reported value for – Argentina GDP Annual Growth Rate – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Argentina GDP Annual Growth Rate – actual data, historical chart and calendar of releases – was last updated on March of 2017.

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  1. Croatia GDP Annual Growth Rate Croatia’s gross domestic product advanced 3.4 percent year-on-year in the fourth quarter of 2016, following a 2.9 percent growth in the previous period, according to preliminary estimates. It was the strongest expansion since the first quarter of 2008, boosted by household consumption (3.6 percent vs 3.4 percent in Q3) and investments (4.6 percent from 2.9 percent). Meanwhile, the growth slowed for government expenditure (1.8 percent vs 2.1 percent in Q2). The contribution of net foreign demand was negative (-0.3 percent), as exports rose 9.7 percent (6.3 percent in Q3) and imports also advanced 9.7 percent (6 percent in Q3). On...

  2. Tunisia GDP Annual Growth Rate The Gross Domestic Product (GDP) in Tunisia expanded 1.10 percent in the fourth quarter of 2016 over the same quarter of the previous year. GDP Annual Growth Rate in Tunisia averaged 3.36 percent from 2001 until 2016, reaching an all time high of 7.40 percent in the first quarter of 2004 and a record low of -2.20 percent in the third quarter of 2011.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=tunisiagdpyoy&v=201704010521t&h=300&w=600&ref=/tunisia/gdp-growth-annual’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/tunisia/gdp-growth-annual’>tradingeconomics.com</a> Calendar GMT Reference Actual ...

  3. Argentina GDP Growth Rate The Gross Domestic Product (GDP) in Argentina expanded 0.50 percent in the fourth quarter of 2016 over the previous quarter. GDP Growth Rate in Argentina averaged 0.63 percent from 1993 until 2016, reaching an all time high of 5.10 percent in the third quarter of 2004 and a record low of -5.70 percent in the fourth quarter of 2001.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=argqpqox&v=201703240321t&h=300&w=600&ref=/argentina/gdp-growth’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/argentina/gdp-growth’>tradingeconomics.com</a> Argentina is the third biggest economy in Latin America. After the 2001 crisis, Argentina...

  4. Finland GDP Annual Growth Rate The Finnish gross domestic product advanced 1.3 percent year-on-year in the fourth quarter of 2016, better than a preliminary reading of 0.2 percent, and following an upwardly revised 1.9 percent growth in the previous period, final data showed. Fixed investment was the main driver of growth (8.1 percent from 4.5 percent in Q3), while household consumption increased at a slower pace (2 percent from 2.3 percent) and government spending contracted (-1.3 percent from 0.5 percent). On a quarterly basis, the economy showed no growth, compared to an upwardly revised 0.6 percent growth in the third quarter. In 2016, the economy...

  5. Greece GDP Annual Growth Rate Greece’s economy contracted by an annual 1.1 percent percent in the fourth quarter of 2016 versus a previous flash estimate of 0.3 percent growth, final figures showed. In 2016, the country’s GDP shrank 0.1 percent, from an initial estimate of a 0.3 percent growth rate. GDP Annual Growth Rate in Greece averaged 0.82 percent from 1996 until 2016, reaching an all time high of 6.80 percent in the fourth quarter of 2003 and a record low of -10.20 percent in the first quarter of 2011.  Export Data  API Access Please Paste this Code in your...

  6. Slovenia GDP Annual Growth Rate The Slovenian economy expanded 2.6 percent year-on-year in the fourth quarter of 2016, compared to a downwardly revised 2.5 percent growth in the previous period. The growth was driven by household spending (4.1 percent from 2.1 percent in Q3); government expenditure (2.8 percent from 1.7 percent) and gross fixed capital formation (0.9 percent from -2.5 percent). The net trade contributed negatively (-0.8 percent), as exports rose 4.6 percent (5.6 percent in Q3) while imports increased at a faster 6.3 percent (5 percent in Q3). Quarter-on-quarter, the GDP advanced 1.2 percent. In 2016, the economy expanded 2.5 percent, following 2.3 percent...

  7. Iceland GDP Annual Growth Rate The economy of Iceland expanded 11.3 percent year-on-year in the last three months of 2016, following a downwardly revised 9.6 percent rise in the previous period. It is the highest growth rate since the last quarter of 2007, boosted by rising household spending (7.2 percent compared to 5.7 percent in Q3) while a slowdown was recorded for gross fixed capital formation (18.6 percent compared to 20.9 percent in Q3); government spending (1.7 percent compared to 1.8 percent in Q3); exports (14 percent compared to 17 percent in Q3) and imports (8.8 percent compared to 17.7 percent in Q3). Considering full...

  8. Saudi Arabia GDP Annual Growth Rate Saudi Arabia’s GDP expanded 1.2 percent year-on-year in the last three months of 2016, higher than a 3-1/2-year low growth of 0.9 percent in previous quarter. The oil sector rose faster (4 percent compared to 3.6 percent in the previous period) and the non-oil sector recovered (0.4 percent compared to -0.7 percent in the previous quarter). GDP Annual Growth Rate in Saudi Arabia averaged 4.69 percent from 1969 until 2016, reaching an all time high of 27.49 percent in the fourth quarter of 1974 and a record low of -11.10 percent in the fourth quarter of 1982....

  9. Senegal GDP Annual Growth Rate The economy of Senegal expanded 4 percent year-on-year in the fourth quarter of 2016, following a 6 percent growth in the previous period. Production rose less in services (4.6 percent from 6.2 percent in Q3), namely transport (4.1 percent from 29.5 percent), mining (22.5 percent from 24.4 percent) and fishing (12.5 percent from 15.8 percent) and manufacturing shrank 1.7 percent (3.9 percent in Q3). In contrast, output increased faster for agriculture (6.9 percent from 5.7 percent). On a quarterly basis, the GDP expanded sharply by 19.8 percent after falling by 0.3 percent in the previous quarter. Considering...

  10. Brunei GDP Annual Growth Rate Brunei’s economy shrank 3.6 percent year-on-year in the December quarter of 2016, the same pace as in the previous period. The contraction was mainly driven by manufacture of liquefied natural gas and methanol (-13.4 percent from -2 percent in Q3); wholesale and retail trade (-7 percent from -10.6); oil and gas mining (-3.9 percent from -4.3 percent) and construction (-1.6 percent from -6.7 percent). By contrast, output recovered for agriculture, forestry and fishery (1.6 percent from -5.1 percent) and government services (0.1 percent from -4 percent). Considering full 2016, economy contracted 2.5 percent compared with 0.4 fall...

  11. Sweden GDP Annual Growth Rate The Gross Domestic Product in Sweden expanded 2.30 percent year-on-year in the fourth quarter of 2016, slightly below a downwardly revised 2.4 percent growth in the previous period and market expectations of 2.4 percent. Considering full 2016, the economy expanded 3.3 percent. GDP Annual Growth Rate in Sweden averaged 2.66 percent from 1994 until 2016, reaching an all time high of 7.70 percent in the fourth quarter of 2010 and a record low of -6.10 percent in the first quarter of 2009.  Export Data  API Access Please Paste this Code in your Website source: tradingeconomics.com Sweden has an economy heavily...

  12. Pakistan GDP Annual Growth Rate The Gross Domestic Product (GDP) in Pakistan expanded 4.71 percent in 2016 from the previous year. GDP Annual Growth Rate in Pakistan averaged 4.91 percent from 1952 until 2016, reaching an all time high of 10.22 percent in 1954 and a record low of -1.80 percent in 1952.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=pagdpty&v=201703220322t&h=300&w=600&ref=/pakistan/gdp-growth-annual’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/pakistan/gdp-growth-annual’>tradingeconomics.com</a> In Pakistan, services are the biggest sector of the economy and account for 53 percent of total GDP. Within services the most important segments are:...

  13. Denmark GDP Annual Growth Rate The Gross Domestic Product (GDP) in Denmark expanded 2.30 percent in the fourth quarter of 2016, accelerating from a 1.5 percent growth in the previous period. GDP Annual Growth Rate in Denmark averaged 1.60 percent from 1991 until 2016, reaching an all time high of 6.50 percent in the fourth quarter of 1994 and a record low of -6.20 percent in the second quarter of 2009.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=degdpnyy&v=201704010421t&h=300&w=600&ref=/denmark/gdp-growth-annual’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/denmark/gdp-growth-annual’>tradingeconomics.com</a> On the expenditure side, household consumption is...

  14. Indonesia GDP Annual Growth Rate The Indonesian economy expanded by 5.18 percent year-on-year in the second quarter of 2016, as compared to a downwardly revised 4.91 percent growth in the March quarter and above market consensus of a 5 percent expansion. It was the strongest growth rate since the fourth quarter 2013, driven by a faster increase in private consumption and government spending while investment eased and exports fell at a slower pace. GDP Annual Growth Rate in Indonesia averaged 5.35 percent from 2000 until 2016, reaching an all time high of 7.16 percent in the fourth quarter of 2004 and a record low of...

  15. Jamaica GDP Annual Growth Rate The Gross Domestic Product (GDP) in Jamaica expanded 1.10 percent in the fourth quarter of 2016 over the same quarter of the previous year. GDP Annual Growth Rate in Jamaica averaged 0.61 percent from 2003 until 2016, reaching an all time high of 4.30 percent in the fourth quarter of 2006 and a record low of -4.50 percent in the second quarter of 2009.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=jamaicagdpate&v=201704010421t&h=300&w=600&ref=/jamaica/gdp-growth-annual’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/jamaica/gdp-growth-annual’>tradingeconomics.com</a> Jamaica, a small island nation situated in a strategic...

  16. Ivory Coast GDP Annual Growth Rate The Gross Domestic Product (GDP) in Ivory Coast expanded 9.90 percent in the third quarter of 2016 over the same quarter of the previous year. GDP Annual Growth Rate in Ivory Coast averaged 4.96 percent from 1961 until 2016, reaching an all time high of 17.61 percent in the fourth quarter of 1964 and a record low of -10.96 percent in the fourth quarter of 1980.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=cotregdpate&v=201703240321t&h=300&w=600&ref=/ivory-coast/gdp-growth-annual’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/ivory-coast/gdp-growth-annual’>tradingeconomics.com</a> Côte d’Ivoire is the largest economy in...

  17. Iceland GDP Growth Rate The economy of Iceland expanded 2.6 percent on quarter in the last three months of 2016, slowing from a downwardly revised 4.5 percent expansion in the previous period but marking the fourth consecutive quarter of growth. Exports slowed (2.7 percent compared to 4.8 percent in Q3) and imports went up 0.7 percent, recovering from a 1.6 percent drop in Q3. In contrast, household spending rose faster (2.5 percent compared to 0.6 percent in Q3) and gross fixed capital formation also increased more (4.3 percent compared to 1.1 percent in Q3) while government consumption growth was steady at 0.4 percent. Year-on-year,...

  18. New Caledonia GDP Annual Growth Rate The Gross Domestic Product (GDP) in New Caledonia expanded 1.40 percent in 2015 from the previous year. GDP Annual Growth Rate in New Caledonia averaged 3.26 percent from 1998 until 2015, reaching an all time high of 6.90 percent in 2010 and a record low of 0.60 percent in 2008.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=newcaledogdpanngrora&v=201704030222t&h=300&w=600&ref=/new-caledonia/gdp-annual-growth-rate’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/new-caledonia/gdp-annual-growth-rate’>tradingeconomics.com</a> New Caledonia is one of the richest territories in the Pacific. The country maintains a special relationship status with France and enjoys a...

  19. Suriname GDP Annual Growth Rate The Gross Domestic Product (GDP) in Suriname contracted 10.40 percent in 2016 from the previous year. GDP Annual Growth Rate in Suriname averaged 1.29 percent from 1977 until 2016, reaching an all time high of 10.80 percent in 1988 and a record low of -10.40 percent in 2016.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=surnamegdpate&v=201703300324t&h=300&w=600&ref=/suriname/gdp-growth-annual’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/suriname/gdp-growth-annual’>tradingeconomics.com</a> Suriname is the smallest country in the South America. Suriname is a large producer of bauxite (the country has one of the world’s biggest reserves),...

  20. Malaysia GDP Annual Growth Rate In the December quarter, private consumption grew by 6.2 percent year-on-year, slower than  a 6.4 percent rise in the previous quarter, supported by continued wage and employment growth. Public consumption contracted by 4.2 percent, compared to a 2.2 percent growth in the third quarter, due to rationalisation of  spending on supplies and services and a moderation in growth of spending on emoluments. Gross fixed capital formation rose 2.4 percent, faster than a 2.0 percent expansion in the preceding quarter. Private investment advanced by 4.9 percent, following a 4.7 percent rise in the third quarter, supported by continued capital spending in...

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