Gross Capital Formation (As % of GDP) rose to 30.4% in Argentina in 2019

Gross Capital Formation (As % of GDP) (%)
Economy | Argentina | January 01, 2020
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Excel Sheet

Gross capital formation as a share of GDP reached 30.4 % in 2019 in Argentina, according to the National Statistical Office. This is 28.1 % more than in the previous year.

Historically, gross capital formation as a share of GDP in Argentina reached an all time high of 30.4 % in 2019 and an all time low of 0.109 % in 2002. When compared to Argentina's main peers, gross capital formation as a share of GDP in Bolivia amounted to 20.5 %, 22.6 % in Chile, 19.4 % in Paraguay and 19.0 % in Uruguay in 2019.

Argentina has been ranked 30th within the group of 163 countries we follow in terms of gross capital formation as a share of GDP, 124 places above the position seen 10 years ago.

Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises), less disposals of fixed assets.

Gross Capital Formation (As % of GDP) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Argentina % 0.186% 23.7% 30.4% 31.2% 31.9%
Bolivia % 0.222% 21.5% 20.5% 19.2% 18.4%
Brazil % 0.150% 16.1% 16.6% 17.2% 17.8%
Chile % 0.221% 22.4% 22.6% 22.6% 22.5%
Paraguay % 0.201% 19.4% 19.4% 19.5% 19.5%
Peru % 0.209% 22.3% 23.0% 23.5% 23.9%
Uruguay % 0.157% 17.8% 19.0% 20.1% 21.0%