Argentina Private Consumption: % of GDP
1993 - 2024 | Quarterly | % | CEIC Data
Key information about Argentina Private Consumption: % of GDP
- Argentina Private Consumption accounted for 66.8 % of its Nominal GDP in Sep 2024, compared with a ratio of 70.4 % in the previous quarter.
- Argentina Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1993 to Sep 2024, with an average share of 66.5 %.
- The data reached an all-time high of 72.1 % in Mar 2018 and a record low of 57.4 % in Dec 2007.
CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. The National Institute of Statistics and Censuses provides Private Consumption Expenditure in local currency and Nominal GDP in local currency, based on benchmark year 2004. Private Consumption as % of Nominal GDP prior to Q1 2004 is based on previous benchmark year 1993.
Related information about Argentina Private Consumption: % of GDP
- In the latest reports, Argentina GDP expanded 1.2 % YoY in Mar 2023.
- Its Nominal GDP reached 150.8 USD bn in Mar 2023.
- Argentina GDP Per Capita reached 13,659.4 USD in Dec 2022.
- Its Gross Savings Rate was measured at 11.0 % in Mar 2023.
View Argentina's Private Consumption: % of GDP from Mar 1993 to Sep 2024 in the chart:
What was Argentina's Private Consumption: % of GDP in Sep 2024?
Argentina Private Consumption accounted for 66.8 % of its Nominal GDP in Sep 2024, compared with a ratio of 70.4 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 66.8 Sep 2024 | 70.4 Jun 2024 | 57.4 Dec 2007 | 72.1 Mar 2018 | % | quarterly | Mar 1993 - Sep 2024 |
Private Consumption: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 73.3 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Algeria (%) | 41.2 2023 | yearly | 1950 - 2023 |
| Argentina (%) | 66.8 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Armenia (%) | 68.1 Sep 2024 | quarterly | Dec 1994 - Sep 2024 |
| Australia (%) | 51.8 Sep 2024 | quarterly | Sep 1959 - Sep 2024 |
| Austria (%) | 54.2 Sep 2024 | quarterly | Mar 1988 - Sep 2024 |
| Azerbaijan (%) | 44.0 Sep 2022 | quarterly | Mar 2001 - Sep 2022 |
| Bahrain (%) | 36.3 2022 | yearly | 1975 - 2022 |
| Bangladesh (%) | 66.8 2024 | yearly | 1973 - 2024 |
| Belarus (%) | 55.0 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Belgium (%) | 51.6 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
| Bolivia (%) | 62.8 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Bosnia and Herzegovina (%) | 62.8 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Botswana (%) | 46.3 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Brazil (%) | 64.1 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Brunei (%) | 29.4 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Bulgaria (%) | 62.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Cambodia (%) | 60.0 2022 | yearly | 1993 - 2022 |
| Canada (%) | 54.1 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Chile (%) | 65.2 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
| China (%) | 39.2 2023 | yearly | 1952 - 2023 |
| Colombia (%) | 74.5 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Croatia (%) | 49.5 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Cyprus (%) | 57.5 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Czech Republic (%) | 45.9 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Denmark (%) | 43.5 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Ecuador (%) | 63.1 Mar 2023 | quarterly | Mar 1991 - Mar 2023 |
| Egypt (%) | 86.8 Jun 2024 | quarterly | Sep 2001 - Jun 2024 |
| Estonia (%) | 52.3 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| European Union (%) | 53.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Finland (%) | 51.2 Sep 2024 | quarterly | Mar 1975 - Sep 2024 |
| France (%) | 54.9 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Georgia (%) | 71.2 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Germany (%) | 53.2 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Ghana (%) | 84.2 2023 | yearly | 2006 - 2023 |
| Greece (%) | 66.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Hong Kong SAR, China (%) | 64.9 Sep 2024 | quarterly | Mar 1973 - Sep 2024 |
| Hungary (%) | 50.3 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Iceland (%) | 51.0 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| India (%) | 62.0 Sep 2024 | quarterly | Jun 1996 - Sep 2024 |
| Indonesia (%) | 54.4 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Iran (%) | 45.2 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
| Ireland (%) | 29.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Israel (%) | 50.4 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Italy (%) | 58.6 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
| Ivory Coast (%) | 65.8 2023 | yearly | 1960 - 2023 |
| Japan (%) | 55.1 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Jordan (%) | 78.7 2023 | yearly | 1962 - 2023 |
| Kazakhstan (%) | 46.5 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Kenya (%) | 76.2 2023 | yearly | 1969 - 2023 |
| South Korea (%) | 48.5 Sep 2024 | quarterly | Mar 1960 - Sep 2024 |
| Kosovo (%) | 72.5 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Kuwait (%) | 32.5 2022 | yearly | 1962 - 2022 |
| Kyrgyzstan (%) | 84.8 Sep 2023 | quarterly | Mar 2000 - Sep 2023 |
| Laos (%) | 64.4 2016 | yearly | 2000 - 2016 |
| Latvia (%) | 62.4 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Lebanon (%) | 118.8 2021 | yearly | 1990 - 2021 |
| Lithuania (%) | 60.7 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Luxembourg (%) | 31.2 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Macau SAR, China (%) | 28.9 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
| North Macedonia (%) | 67.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Malawi (%) | 79.2 2019 | yearly | 1960 - 2019 |
| Malaysia (%) | 62.7 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Malta (%) | 47.6 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
| Mauritius (%) | 66.7 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Mexico (%) | 70.9 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Moldova (%) | 87.9 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Mongolia (%) | 53.3 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Montenegro (%) | 77.1 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Morocco (%) | 56.7 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
| Mozambique (%) | 78.0 2023 | yearly | 1969 - 2022 |
| Nepal (%) | 86.1 2024 | yearly | 1975 - 2024 |
| Netherlands (%) | 44.3 Sep 2024 | quarterly | Mar 1977 - Sep 2024 |
| New Zealand (%) | 59.9 Sep 2024 | quarterly | Jun 1987 - Sep 2024 |
| Nigeria (%) | 61.2 2023 | yearly | 1981 - 2023 |
| Norway (%) | 39.7 Sep 2024 | quarterly | Mar 1978 - Sep 2024 |
| Oman (%) | 36.8 2023 | yearly | 1980 - 2023 |
| Pakistan (%) | 85.2 2024 | yearly | 1967 - 2024 |
| Palestinian Territory (%) | 98.6 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Panama (%) | 48.7 2022 | yearly | 1996 - 2022 |
| Paraguay (%) | 68.6 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Peru (%) | 62.1 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Philippines (%) | 78.6 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
| Poland (%) | 60.2 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Portugal (%) | 57.7 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Qatar (%) | 20.6 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Romania (%) | 58.9 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Russia (%) | 50.9 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Saudi Arabia (%) | 42.8 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
| Serbia (%) | 66.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Singapore (%) | 31.3 2023 | yearly | 1960 - 2023 |
| Slovakia (%) | 61.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Slovenia (%) | 52.0 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| South Africa (%) | 64.7 Sep 2024 | quarterly | Mar 1960 - Sep 2024 |
| Spain (%) | 56.2 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Sri Lanka (%) | 66.4 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Sudan (%) | 77.8 2016 | yearly | 1976 - 2016 |
| Sweden (%) | 46.5 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Switzerland (%) | 50.9 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Syria (%) | 114.8 2022 | yearly | 1970 - 2022 |
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Learn more about what we doArgentina Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -0.2 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | 356.617 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
| Tax Revenue (USD mn) | 9,100.106 Nov 2024 | monthly | Jan 1997 - Nov 2024 |
| Tax Revenue: % of GDP (%) | 16.1 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| National Government Debt (USD mn) | 442,514.9 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
| Government Debt: % of GDP (%) | 80.3 Mar 2023 | quarterly | Dec 2004 - Mar 2023 |
| Forecast: Government Expenditure (ARS bn) | 740,993.414 2029 | yearly | 1993 - 2029 |
| Forecast: Government Net Debt (ARS bn) | 1,158,144.357 2029 | yearly | 1992 - 2029 |
| Forecast: Government Revenue (ARS bn) | 770,888.979 2029 | yearly | 1993 - 2029 |
| NFPS 2017: Current Revenue (ARS mn) | 9,609,250.200 Nov 2024 | monthly | Jan 2015 - Nov 2024 |
| NFPS 2017: Current Expenditure (ARS mn) | 9,003,993.500 Nov 2024 | monthly | Jan 2015 - Nov 2024 |
| NFPS 2017: Capital Expenditure (ARS mn) | 248,143.400 Nov 2024 | monthly | Jan 2015 - Nov 2024 |
| NFPS 2017: Total Revenue (ARS mn) | 9,609,299.100 Nov 2024 | monthly | Jan 2015 - Nov 2024 |
| NFPS 2017: Total Expenditure (ARS mn) | 9,252,136.900 Nov 2024 | monthly | Jan 2015 - Nov 2024 |
| Non Financial Public Sector (NFPS) 2017: Total Balance (ARS mn) | 357,162.200 Nov 2024 | monthly | Jan 2015 - Nov 2024 |
| Government Revenue: Taxes (ARS mn) | 187,540.45 Jul 2018 | monthly | Jan 1997 - Jul 2018 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 4.933 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 1,410.3 Nov 2024 | monthly | Jan 1991 - Nov 2024 |
| Total Exports (USD mn) | 6,955.9 Nov 2024 | monthly | Jan 1991 - Nov 2024 |
| Total Exports Growth (%) | -27.2 Apr 2023 | monthly | Jan 1992 - Apr 2023 |
| Aluminum: Exports (USD th) | 5,640.661 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 600,720.896 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 123,326.762 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 5,545.6 Nov 2024 | monthly | Jan 1991 - Nov 2024 |
| Total Imports Growth (%) | -2.6 Nov 2024 | monthly | Jan 1992 - Nov 2024 |
| Imports: Medicament (USD th) | 1,433,987.074 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 1,977,432.955 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 681.661 Nov 2024 | monthly | Dec 1995 - Nov 2024 |
| Total Imports from USA (USD mn) | 348.954 Nov 2024 | monthly | Dec 1995 - Nov 2024 |
| Total Exports to China (USD mn) | 330.340 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| Total Imports from China (USD mn) | 1,187.975 Nov 2024 | monthly | Apr 1983 - Nov 2024 |
| Exports: fob: Industrial: Transport Material (USD mn) | 8,350.345 2023 | yearly | 1989 - 2023 |
| Exports: fob: Primary Products: Cereals (USD mn) | 8,705.911 2023 | yearly | 1989 - 2023 |
| Exports: fob: Agricultural: Residues & Waste from Food Industry (USD mn) | 9,022.071 2023 | yearly | 1989 - 2023 |
| Exports: fob: Industrial: Chemicals & Related Products (USD mn) | 4,286.131 2023 | yearly | 1989 - 2023 |
| Exports: fob: Agricultural: Fats and Oils (USD mn) | 5,821.010 2023 | yearly | 1989 - 2023 |
| Motor Vehicle Export (Unit) | 32,262.000 Nov 2024 | monthly | Jan 1996 - Nov 2024 |
| Motor Vehicle Export: Passenger Car: Utility Vehicle (Unit) | 14,607.000 Nov 2024 | monthly | Jan 1996 - Nov 2024 |
| Motor Vehicle Export: Passenger Car: Automobile (Unit) | 17,655.000 Nov 2024 | monthly | Jan 1996 - Nov 2024 |
| Export Value Index (2015=100) | 137.248 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 104.950 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.6 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
| Household Debt: % of GDP (%) | 4.1 Jun 2024 | quarterly | Dec 2004 - Jun 2024 |
| Money Supply M1 (USD mn) | 37,580.893 Oct 2024 | monthly | Jan 1990 - Oct 2024 |
| Money Supply M2 (USD mn) | 90,971.416 Oct 2024 | monthly | Jan 1990 - Oct 2024 |
| M2 Growth (%) | 208.3 Oct 2024 | monthly | Jan 1991 - Oct 2024 |
| Reserve Requirement Ratio (%) | 41.2 Oct 2024 | monthly | Apr 1985 - Oct 2024 |
| Foreign Exchange Reserves (USD mn) | 24,896.0 Nov 2024 | monthly | Dec 1956 - Nov 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 3.598 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.7 May 2023 | monthly | Jan 1990 - May 2023 |
| Gold Reserves (USD mn) | 5,277.640 Nov 2024 | monthly | Dec 1956 - Nov 2024 |
| Total Deposits (USD mn) | 90,139.969 Nov 2024 | monthly | Jul 2002 - Nov 2024 |
| Total Deposits Growth (%) | 146.6 Nov 2024 | monthly | Jul 2003 - Nov 2024 |
| Domestic Credit (USD mn) | 182,596.3 Oct 2024 | monthly | Jan 1990 - Oct 2024 |
| Domestic Credit Growth (%) | 150.1 Oct 2024 | monthly | Jan 1991 - Oct 2024 |
| Credit to Households (USD bn) | 14.358 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Credit to Private Non-Financial Sector (USD bn) | 100.880 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Household Debt (USD mn) | 19,977.0 Aug 2024 | monthly | Dec 1999 - Aug 2024 |
| Total Loans (USD mn) | 0.000 Nov 2024 | monthly | Jan 1990 - Nov 2024 |
| Total Loans Growth (%) | -100.00 Nov 2024 | monthly | Jan 1991 - Nov 2024 |
| Private Debt: % of Nominal GDP (%) | 9.42 Jun 2024 | quarterly | Dec 2004 - Jun 2024 |
| Official Reserve Assets (ORA) (USD mn) | 30,214.100 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| ORA: Foreign Currency Reserves (FCR) (USD mn) | 24,895.990 Nov 2024 | monthly | Jul 2006 - Nov 2024 |
| ORA: Gold Incl Gold Deposits & Gold Swapped (USD mn) | 5,277.640 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Loans (ARS mn) | 5,759,914.20 Jun 2018 | monthly | Jan 1990 - Jun 2018 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Geopolitical Risk Index (%) | 0.049 Nov 2024 | monthly | Jan 1985 - Nov 2024 |
More Indicators for Argentina
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National Accounts
Economic Activity Estimator Index - EMAE: 1993=100
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: by Expenditure: Quarterly
Gross Domestic Product: Deflator and Volume Index: Quarterly
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP
SNA 1993: GDP: by Expenditure: 1993 Price: Seasonally Adjusted
SNA 1993: GDP: by Expenditure: Current Price: Annual
SNA 1993: GDP: by Industry: 1993 Price
SNA 1993: GDP: by Industry: Implicit Price Deflator: 1993=100
SNA 2008: GDP: by Expenditure: 2004 Price: Seasonally Adjusted
SNA 2008: GDP: by Expenditure: Implicit Price Deflator: 2004=100
SNA 2008: GDP: Gross Fixed Capital Formation: 2004 Price
SNA 2008: GDP: Gross Fixed Capital Formation: Implicit Price Deflator: 2004=100
Contribution to GDP
Economic Activity Estimator Index - EMAE: 2004=100
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Nominal
Gross Domestic Product: Real
SNA 1993: GDP: by Expenditure: 1993 Price
SNA 1993: GDP: by Expenditure: Current Price
SNA 1993: GDP: by Expenditure: Implicit Price Deflator: 1993=100
SNA 1993: GDP: by Industry: Current Price
SNA 2008: GDP: by Expenditure: 2004 Price
SNA 2008: GDP: by Expenditure: Current Price
SNA 2008: GDP: by Industry: Implicit Price Deflator: 2004=100
SNA 2008: GDP: Gross Fixed Capital Formation: Current Price
SNA 2008: GDP per Capita