Manufacturing Sector Contribution to GDP in Argentina (1990-2022)

Argentina's manufacturing sector saw notable shifts from 1990 to 2022. The sector's share in GDP began at 26.8% in 1990, gradually declining throughout the 1990s due to economic liberalization policies and exposure to foreign competition. The 2002 economic crisis led to a sharp increase in manufacturing's share, spiking to 20.3% as the economy rebounded with local industry support. However, the sector's contribution declined again during the following decade, stabilizing around 14-15% in the 2010s. Recently, modest growth to 16.1% by 2022 reflects Argentina's post-pandemic industrial recovery, supported by increased domestic demand and policy efforts to strengthen local industries.