World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. Consumer goods including motor vehicles make up most of the rest.Several bilateral agreements play an important role in promoting U.S. private investment. Argentina Economic Growth This year, the already ailing economy will be severely hit by the health crisis and associated lockdown, which will suppress external demand and hammer the domestic economy. … Export. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. It was the sharpest contraction in a year, amid the coronavirus pandemic.
GDP, billion currency units in Argentina, December, 2019: For that indicator, we provide data for Argentina from Q1 2004 to Q4 2019.The average value for Argentina during that period was 1243.16 billion Argentine Peso with a minimum of 109.8 billion Argentine Peso in Q1 2004 and a maximum of 5555.52 billion Argentine Peso in Q3 2019. We expect a deep contraction in GDP in 2020 and slow recovery thereafter. Deposits grew from less than US$15 billion in 1991 to over US$80 billion in 2000, while outstanding credit (70% of it to the private sector) tripled to nearly US$100 billion.The banks largely lent US dollars and took deposits in Credit in Argentina is still relatively tight. We expect a deep contraction in GDP in 2020 and slow recovery thereafter. We also assume the government manages to restructure defaulted debts; this will be a first step to an IMF accord that provides much-needed finance.
Soy products alone (Industrial goods today account for over a third of Argentine exports. Argentina recorded a government debt equivalent to 89.40 percent of the country's Gross Domestic Product in 2019. However, although agricultural raw materials are over 20% of the total exports, agricultural goods still account for over 50% of exports when processed foods are included. Government Debt to GDP in Argentina averaged 65.63 percent from 1997 until 2019, reaching an all time high of 166.70 percent in 2002 and a record low of 34.50 percent in 1997. Chemicals, steel, aluminum, machinery, and plastics account for most of the remaining industrial exports. Its In the mid-1970s, the most affluent 10% of Argentina's population had an income 12 times that of the poorest 10%. The economy nearly doubled from 2002 to 2011, growing an average of 7.1% annually and around 9% for five consecutive years between 2003 and 2007.While the Argentine Government considers debt left over from Argentina has nevertheless continued to hold successful bond issues,To cause of the quarantine in 2020, in April, 143,000 SMEs will not be able to pay salaries and fixed expenses for the month, even with government assistance, so they will have to borrow or increase their own capital contribution, and approximately 35,000 companies consider closing their business.The following table shows the main economic indicators in 1980–2018. The country will be potentially among the main winners in the global transition to renewable energy; it is ranked no. Percent of GDP in U.S.
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