International Merchandise Trade Statistics: Imports: Commodities for Argentina
Growth rate same period previous year, Monthly, Seasonally Adjusted
ARGXTIMVA01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.07
Year-over-Year Change
-210.82%
Date Range
1/1/1991 - 6/1/2025
Summary
This economic trend measures the year-over-year growth rate of real gross domestic product (GDP) in Argentina, adjusted for seasonal variations. It provides insights into the pace of the country's economic expansion or contraction.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The growth rate same period previous year is a key indicator used by economists and policymakers to analyze Argentina's macroeconomic performance. It compares the current quarter's real GDP to the same quarter in the prior year, revealing underlying growth trends beyond short-term fluctuations.
Methodology
The data is calculated by the Argentine government based on official GDP statistics.
Historical Context
This trend helps inform monetary and fiscal policy decisions in Argentina.
Key Facts
- Argentina's GDP growth rate averaged 3.1% from 2010-2019.
- The COVID-19 pandemic caused Argentina's GDP to contract by 9.9% in 2020.
- Argentina's central bank uses GDP growth data to set monetary policy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of real gross domestic product (GDP) in Argentina, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a key indicator of Argentina's macroeconomic performance and helps inform monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the Argentine government based on official GDP statistics.
Q: How is this trend used in economic policy?
A: Argentina's central bank uses GDP growth data to set monetary policy and guide other economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one quarter.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly, Seasonally Adjusted (ARGXTIMVA01GYSAM), retrieved from FRED.