Argentina GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$13,969.78

Source: world bank Nominal/PPP
Summary:

Argentina GDP Per Capita expanded from 1960 to 2024, increasing from $778.25 to $13,969.78 .The compound annual growth rate (CAGR) averaged 4.62% over the period. The economy recorded its peak level in 2017 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 68.73%, indicating the largest cyclical decline from peak levels. The country experienced 14 recession episode(s) during the observed period.

Latest GDP Per Capita of Argentina 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 13,969.78 dollars$ 30,431.19 Int dollars
Growth (YoY)-2.048%0.694%
Net Change vs Previous Year$ -292.06 dollars$ 209.70 Int dollars
% of World GDP Per Capita12.59%15.24%
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
1960778.25-----
1961971.34193.0924.81 %---
1962870.22-101.12-10.41 %---
1963852.97-17.25-1.982 %---
19641176.2323.2337.894 %---
19651281.83105.638.981 %---
19661275.08-6.75-0.527 %---
19671063.93-211.15-16.559 %---
19681141.9578.027.333 %---
19691329.56187.6116.429 %---
19701322.71-6.85-0.515 %---
19711372.5149.793.764 %---
19721409.3736.862.686 %---
19732097.9688.5348.854 %---
19742844.97747.0735.61 %---
19752026.68-818.29-28.763 %---
19761946.92-79.76-3.936 %---
19772126.49179.579.223 %---
19783282.061155.5854.342 %---
19792511.97-770.09-23.464 %---
19802747.5235.539.376 %---
19812764.0916.580.604 %---
19822914.77150.685.451 %---
19833537.75622.9821.373 %---
19843915.03377.2910.665 %---
19852905.78-1009.26-25.779 %---
19863436.08530.318.25 %---
19873477.341.221.2 %---
19883992.7515.414.822 %---
19892374.57-1618.13-40.527 %---
19904315.331940.7681.731 %7158.31--
19915709.251393.9132.301 %7960.98802.6711.213 %
199267901080.7518.93 %8667.85706.878.879 %
19936931.86141.862.089 %9472.45804.599.282 %
19947437.56505.717.295 %10103.03630.586.657 %
19957357.62-79.95-1.075 %9890.92-212.11-2.099 %
19967663.21305.64.153 %10495.84604.916.116 %
19978146.79483.576.31 %11403.48907.648.648 %
19988218.9972.210.886 %11835.68432.23.79 %
19997705.54-513.45-6.247 %11463.85-371.82-3.142 %
20007637.01-68.53-0.889 %11499.9836.130.315 %
20017141.48-495.54-6.489 %11117.75-382.23-3.324 %
20022569.7-4571.78-64.017 %9953.46-1164.29-10.472 %
20033320.48750.7829.217 %10933.39979.939.845 %
20044242.02921.5427.753 %12117.681184.2910.832 %
20055067.65825.6319.463 %13464.811347.1311.117 %
20065869.38801.7315.82 %14843.581378.7710.24 %
20077185.251315.8722.419 %16455.111611.5410.857 %
20088944.111758.8624.479 %17276.76821.644.993 %
20098150.24-793.87-8.876 %16182.08-1094.68-6.336 %
201010260.132109.925.888 %17847.611665.5410.292 %
201112704.282444.1523.822 %19104.991257.387.045 %
201212949.72245.431.932 %19430.42325.431.703 %
201312963.6813.960.108 %19928.99498.572.566 %
201412233.14-730.53-5.635 %19487.42-441.57-2.216 %
201513679.631446.4811.824 %19899.15411.732.113 %
201612699.96-979.66-7.161 %20105.76206.611.038 %
201714532.51832.5414.429 %23385.073279.3116.31 %
201811752.8-2779.7-19.127 %24410.391025.324.384 %
20199955.97-1796.83-15.288 %23516.83-893.57-3.661 %
20208535.6-1420.38-14.267 %22393.35-1123.48-4.777 %
202110738.022202.4225.803 %26300.273906.9317.447 %
202213962.193224.1730.026 %29808.813508.5313.34 %
202314261.85299.662.146 %30221.5412.691.384 %
202413969.78-292.06-2.048 %30431.19209.70.694 %

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.

  • High Growth (1964–1965) indicating robust economic expansion
  • High Growth (1968–1969) indicating robust economic expansion
  • Expansion (1971–1972) indicating steady moderate growth
  • 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
  • Contraction (1999–2001) indicating temporary slowdown
  • 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 81.731%, while the largest decline was in 2002 at -64.017%.