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

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

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TGM StatBox. (2024). Manufacturing Sector Contribution to GDP in Argentina (1990-2022). TGM StatBox.
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Key Takeaways

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.

For additional information, visit statistics on Argentina’s population figures, Argentina’s yearly GDP growth rate, Argentina’s services sector share in GDP.

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