Argentina GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$638.37

Source: world bank Nominal/PPP
Summary:

Argentina GDP Per Capita expanded from 1960 to 2024, increasing from $15.87 to $638.37 .The compound annual growth rate (CAGR) averaged 5.94% over the period. The economy recorded its peak level in 2023 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 67.31%, indicating the largest cyclical decline from peak levels. The country experienced 13 recession episode(s) during the observed period.

Latest GDP Per Capita of Argentina 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 638.37 dollars$ 1,390.59 Int dollars
Growth (YoY)-1.709%1.043%
Net Change vs Previous Year$ -11.10 dollars$ 14.35 Int dollars
% of World GDP Per Capita0.58%0.70%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Argentina GDP | Argentina GDP Growth

Argentina Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
196015.87-----
196120.134.2726.893 %---
196218.34-1.79-8.914 %---
196318.27-0.07-0.358 %---
196425.617.3340.133 %---
196528.342.7410.699 %---
196628.630.291.008 %---
196724.26-4.37-15.277 %---
196826.442.188.988 %---
196931.264.8218.23 %---
197031.580.331.049 %---
197133.291.715.411 %---
197234.731.444.325 %---
197352.5417.8151.28 %---
197472.4419.8937.859 %---
197552.44-20-27.608 %---
197651.17-1.27-2.42 %---
197756.785.6110.966 %---
197889.0532.2756.83 %---
197969.25-19.8-22.232 %---
198076.967.7111.133 %---
198178.681.712.228 %---
198284.315.637.157 %---
1983103.9819.6723.333 %---
1984116.9212.9412.441 %---
198588.15-28.76-24.603 %---
1986105.8717.7220.103 %---
1987108.812.942.776 %---
1988126.8918.0816.615 %---
198976.63-50.26-39.609 %---
1990141.3564.7284.462 %234.48--
1991189.7248.3734.217 %264.5530.0712.824 %
1992228.7839.0620.588 %292.0527.5110.397 %
1993236.747.963.481 %323.5131.4610.772 %
1994257.4420.78.743 %349.726.198.096 %
1995258.030.590.23 %346.88-2.83-0.808 %
1996272.1514.125.471 %372.7525.877.459 %
1997292.8620.717.609 %409.9337.189.975 %
1998298.956.092.079 %430.520.575.017 %
1999283.52-15.43-5.16 %421.81-8.69-2.018 %
2000284.20.680.24 %427.966.151.458 %
2001268.7-15.51-5.456 %418.3-9.66-2.256 %
200297.72-170.97-63.63 %378.52-39.78-9.51 %
2003127.5929.8630.559 %420.1141.5810.986 %
2004164.6637.0729.055 %470.3650.2511.961 %
2005198.7434.0820.697 %528.0557.6912.265 %
2006232.5633.8217.017 %588.1360.0911.379 %
2007287.5354.9723.639 %658.4870.3511.961 %
2008361.5674.0325.746 %698.439.926.062 %
2009332.98-28.58-7.905 %661.12-37.28-5.338 %
2010423.6390.6527.224 %736.9175.7911.464 %
2011530.16106.5325.147 %797.2660.368.191 %
2012545.9815.822.985 %819.2221.962.754 %
2013552.036.041.107 %848.6329.413.589 %
2014526.32-25.7-4.656 %838.43-10.2-1.202 %
2015594.7568.4313.001 %865.1626.733.188 %
2016557.53-37.22-6.258 %882.6517.492.022 %
2017643.6386.115.442 %1035.7153.0517.34 %
2018524.82-118.81-18.459 %1090.0454.345.247 %
2019447.76-77.07-14.684 %1057.63-32.41-2.973 %
2020385.74-62.01-13.85 %1012-45.63-4.314 %
2021486.56100.8226.137 %1191.73179.7317.76 %
2022633.99147.4330.3 %1353.56161.8313.579 %
2023649.4615.472.44 %1376.2422.681.676 %
2024638.37-11.1-1.709 %1390.5914.351.043 %

Argentina Economic Phases (1960 - 2024)

From 1960 to 2024, Argentina economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Contraction (1962–1963) indicating temporary slowdown
  • High Growth (1964–1965) indicating robust economic expansion
  • High Growth (1968–1969) indicating robust economic expansion
  • High Growth (1973–1974) indicating robust economic expansion
  • High Growth (1977–1978) indicating robust economic expansion
  • High Growth (1982–1984) indicating robust economic expansion
  • High Growth (1990–1992) indicating robust economic expansion
  • High Growth (1996–1997) indicating robust economic expansion
  • High Growth (2003–2008) indicating robust economic expansion
  • High Growth (2010–2011) indicating robust economic expansion
  • Expansion (2012–2013) indicating steady moderate growth
  • Crisis (2018–2020) indicating severe economic downturn
  • High Growth (2021–2022) indicating robust economic expansion
  • Contraction (2024–2024) indicating temporary slowdown

The most remarkable growth occurred in 1990 with an increase of 84.462%, while the largest decline was in 2002 at -63.63%.