Latest reading: Manufacturing production rose 1.5% in seasonally adjusted month-on-month terms in January, following a 1.3% drop in the previous...
Industrial Production in Argentina
The Argentine economy recorded an average industrial production growth rate of -1.3% in the decade to 2024. In 2024, industrial production growth was -9.4%. For more industry information, visit our dedicated page.
Argentina Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Argentina from 2014 to 2025.
Source: Macrobond.
Argentina Industry Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | -7.48 | 15.71 | 4.18 | -1.76 | -9.47 |
Industrial production shrinks more quickly in October
Latest reading: Industrial production declined 2.9% in annual terms in October, following a 0.5% decline in the prior month. Relative to the previous month's data, readings in October softened for machinery and equipment (-2.2% in annual terms vs +4.2% in September), chemical products (-0.4% vs +2.2% in September), automotive vehicles (-4.1% vs -2.0% in September) and food and beverages (-1.7% vs +1.2% in September). In contrast, the reading for basic metals improved in October (+0.9% vs -0.9% in September). In seasonally adjusted month-on-month terms, industrial production declined 0.8% in October, following a 0.2% decline in the previous month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Argentine industry projections for the next ten years from a panel of 15 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Argentine industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Argentine industry projections.
Want to get access to the full dataset of Argentine industry forecasts? Send an email to info@focus-economics.com.
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