Argentina Equity Market Index

1986 - 2025 | Monthly | 30Jun1986=0.01 | Buenos Aires Stock Exchange

Key information about Argentina S&P MERVAL

  • Argentina S&P MERVAL closed at 3,026,469.5 points in Nov 2025, compared with 3,002,607.2 points at the previous month end
  • Argentina Equity Market Index: Month End: BCBA: S&P MERVAL data is updated monthly, available from Jun 1986 to Nov 2025, with an average number of 1,714.0 points
  • The data reached an all-time high of 3,026,469.5 points in Nov 2025 and a record low of 0.0 points in Nov 1986

Buenos Aires Stock Exchange provides daily data on several major stock market indices, but the Merval index is the one most closely monitored by analysts

View Argentina's Equity Market Index from Jun 1986 to Nov 2025 in the chart:

Argentina Equity Market Index

What was Argentina's Equity Market Index in Nov 2025?

Argentina S&P MERVAL closed at 3,026,469.5 points in Nov 2025, compared with 3,002,607.2 points at the previous month end See the table below for more data.

Last Previous Min Max Unit Frequency Range
3,026,469.5 Nov 2025 3,002,607.2 Oct 2025 0.0 Nov 1986 3,026,469.5 Nov 2025 30Jun1986=0.01 monthly Jun 1986 - Nov 2025

Equity Market Index by Country Comparison

country/region Last Frequency Range
Algeria (02Jan2008=1000) 3,832.6 Nov 2025 monthly Sep 1999 - Nov 2025
Argentina (30Jun1986=0.01) 3,026,469.5 Nov 2025 monthly Jun 1986 - Nov 2025
Australia (01Jan1996=100) 8,614.1 Nov 2025 monthly May 1992 - Nov 2025
Austria (02Jan1991=1000) 5,009.8 Nov 2025 monthly Jan 1991 - Nov 2025
Bahrain (01Jul2004=1000) 2,040.3 Nov 2025 monthly Jan 2003 - Nov 2025
Bangladesh (17Jan2008=2951.91) 4,978.8 Nov 2025 monthly Jan 2013 - Nov 2025
Belarus (01Sep2005=100) 17.1 Feb 2022 monthly Sep 2005 - Feb 2022
Belgium (30Dec1990=1000) 5,036.9 Nov 2025 monthly Dec 2000 - Nov 2025
Bosnia and Herzegovina (31Dec2004=1000) 1,485.8 Oct 2025 monthly Jan 2006 - Oct 2025
Botswana (19Jun1989=100) 10,705.3 Nov 2025 monthly Jan 2003 - Nov 2025
Brazil (02Jan1968=100) 159,072.1 Nov 2025 monthly Jan 1983 - Nov 2025
Bulgaria (20Oct2000=100) 1,087.8 Nov 2025 monthly Oct 2000 - Nov 2025
Cambodia (18Apr2012=1000) 414.8 Nov 2025 monthly Apr 2012 - Nov 2025
Canada (31Dec1976=1000) 31,382.8 Nov 2025 monthly May 2002 - Nov 2025
Chile (30Dec2002=1000) 10,128.6 Nov 2025 monthly Jan 2003 - Nov 2025
China (31Dec2004=1000) 4,526.7 Nov 2025 monthly Apr 2005 - Nov 2025
Colombia (15Jan2008=1000) 2,073.3 Nov 2025 monthly Dec 2007 - Nov 2025
Croatia (01Jul1997=1000) 3,814.9 Oct 2025 monthly Jan 1997 - Oct 2025
Cyprus (03Sep2004=1000) 277.0 Nov 2025 monthly Sep 2004 - Nov 2025
Czech Republic (05Apr1994=1000) 2,493.1 Nov 2025 monthly Jan 2000 - Nov 2025
Denmark (03Jul1989=100) 1,508.3 Oct 2025 monthly Jan 1994 - Oct 2025
Ecuador (02Aug1993=1000) 1,403.8 Nov 2025 monthly Jan 2012 - Nov 2025
Egypt (01Jan1998=1000) 40,753.4 Nov 2025 monthly Jan 1998 - Nov 2025
Estonia (03Jun1996=100) 1,945.7 Nov 2025 monthly Jan 2000 - Nov 2025
European Union (31Dec1991=100) 597.9 Nov 2025 monthly Dec 1986 - Nov 2025
Finland (28Dec1990=1000) 11,859.2 Oct 2025 monthly Jan 1996 - Oct 2025
France (31Dec1987=1000) 8,122.7 Nov 2025 monthly Dec 1987 - Nov 2025
Georgia (31Aug2006=100) 292.9 Nov 2025 monthly Aug 2006 - Nov 2025
Germany (30Dec1987=1000) 23,836.8 Nov 2025 monthly Oct 1959 - Nov 2025
Ghana (31Dec2010=1000) 8,610.7 Nov 2025 monthly Jan 2011 - Nov 2025
Greece (31Dec1980=100) 2,083.2 Nov 2025 monthly Jan 2006 - Nov 2025
Hong Kong SAR, China (31Jul1964=100) 25,858.9 Nov 2025 monthly Jul 1964 - Nov 2025
Hungary (02Jan1991=1000) 109,453.4 Nov 2025 monthly Apr 1997 - Nov 2025
Iceland (31Dec1997=1000) 2,077.5 Nov 2025 monthly Jan 2001 - Nov 2025
India (1978-1979=100) 85,706.7 Nov 2025 monthly Apr 1979 - Nov 2025
Indonesia (10Aug1982=100) 8,508.7 Nov 2025 monthly Apr 1983 - Nov 2025
Iran (21Mar1998=1653.08) 2,084,535.0 Sep 2023 monthly Sep 1997 - Sep 2023
Ireland (04Jan1988=1000) 12,836.3 Nov 2025 monthly Jan 1983 - Nov 2025
Israel (31Dec1991=100) 3,273.4 Oct 2025 monthly Jan 2000 - Oct 2025
Italy (31Dec1997=24402) 43,357.0 Nov 2025 monthly Sep 2003 - Nov 2025
Ivory Coast (15Sep1998=100) 345.9 Nov 2025 monthly Sep 1998 - Nov 2025
Japan (16May1949=176.21) 50,253.9 Nov 2025 monthly May 1949 - Nov 2025
Jordan (Dec1999=1000) 3,433.7 Nov 2025 monthly Dec 1999 - Nov 2025
Kazakhstan (12Jul2000=100) 7,131.5 Oct 2025 monthly Jul 2000 - Oct 2025
Kenya (Jan1966=100) 3,052.7 Nov 2025 monthly Jan 1996 - Nov 2025
South Korea (04Jan1980=100) 3,926.6 Nov 2025 monthly Jan 1976 - Nov 2025
Kuwait (29Mar2018=1000) 8,856.3 Nov 2025 monthly Apr 2018 - Nov 2025
Kyrgyzstan (NA) 6,378.2 Nov 2025 monthly Jan 2009 - Nov 2025
Laos (11Jan2011=1000) 1,211.5 Nov 2025 monthly Jan 2011 - Nov 2025
Latvia (31Dec1999=100) 924.2 Nov 2025 monthly Dec 1999 - Nov 2025
Lebanon (Jan1996=100) 4,636.0 Apr 2023 monthly Jan 1996 - Apr 2023
Lithuania (31Dec1999=100) 1,280.4 Nov 2025 monthly Jan 2000 - Nov 2025
Luxembourg (04Jan1999=1000) 1,750.8 Nov 2025 monthly Jan 1999 - Nov 2025
North Macedonia (30Dec2004=1000) 10,298.3 Oct 2025 monthly Dec 2004 - Oct 2025
Malawi (11Nov1996=100) 619,709.4 Nov 2025 monthly Jan 2004 - Nov 2025
Malaysia (01Jan1977=100) 1,604.5 Nov 2025 monthly Jan 1974 - Nov 2025
Malta (27Dec1995=1000) 3,799.2 Nov 2025 monthly Dec 1995 - Nov 2025
Mauritius (05Jul1989=100) 2,388.8 Nov 2025 monthly Nov 1997 - Nov 2025
Mexico (30Oct1978=0.78) 63,596.8 Nov 2025 monthly Jan 1981 - Nov 2025
Moldova (2000=100) 431.1 Mar 2015 monthly Jan 2010 - Mar 2015
Mongolia (23Sep2009=7479.18) 51,557.5 Nov 2025 monthly May 1998 - Nov 2025
Montenegro (01Mar2003=1000) 18,170.3 Oct 2025 monthly Mar 2003 - Oct 2025
Morocco (31Dec1991=1000) 18,603.6 Nov 2025 monthly Jan 1993 - Nov 2025
Nepal (12Feb1994=100) 2,649.5 Nov 2025 monthly Jul 2003 - Nov 2025
Netherlands (03Jan1983=45.38) 943.4 Nov 2025 monthly Nov 2002 - Nov 2025
New Zealand (30Jun1986=1000) 14,674.4 Nov 2025 monthly Aug 1996 - Nov 2025
Nigeria (03Jan1984=100) 143,520.5 Nov 2025 monthly Jan 1985 - Nov 2025
Norway (29Dec1995=100) 1,609.7 Nov 2025 monthly Aug 2001 - Nov 2025
Oman (Jun2004=1000) 5,705.7 Nov 2025 monthly Jan 2003 - Nov 2025
Pakistan (01Nov1991=1000) 166,677.7 Nov 2025 monthly Sep 1996 - Nov 2025
Palestinian Territory (07Jul1997=100) 598.4 Nov 2025 monthly May 1999 - Nov 2025
Panama (Dec2002=100) 544.6 Oct 2025 monthly Jan 1999 - Oct 2025
Paraguay (Oct1993=100) 1,170.7 Dec 2024 monthly Jan 2000 - Dec 2024
Peru (30Dec1991=100) 34,937.7 Aug 2025 monthly Jan 1992 - Aug 2025
Philippines (28Feb1990=1022) 6,022.2 Nov 2025 monthly Jan 1987 - Nov 2025
Poland (16Apr1994=1000) 3,002.0 Nov 2025 monthly Dec 1996 - Nov 2025
Portugal (31Dec1992=3000) 8,110.7 Nov 2025 monthly Dec 1992 - Nov 2025
Qatar (01Jan1998=1000) 10,615.1 Nov 2025 monthly Oct 2003 - Nov 2025
Romania (19Sep1997=1000) 22,842.9 Nov 2025 monthly Sep 1997 - Nov 2025
Russia (01Sep1995=100) 982.4 Oct 2025 monthly Sep 1995 - Oct 2025
Saudi Arabia (05Jan2017=5000) 10,590.9 Nov 2025 monthly Jan 2007 - Nov 2025
Serbia (01Oct2005=1000) 1,243.9 Nov 2025 monthly Oct 2005 - Nov 2025
Singapore (09Jan2008=3344.53) 4,524.0 Nov 2025 monthly Jan 1985 - Nov 2025
Slovakia (14Sep1993=100) 276.0 Nov 2025 monthly Jul 1995 - Nov 2025
Slovenia (31Mar2006=1000) 2,477.9 Oct 2025 monthly Apr 2003 - Oct 2025
South Africa (02Jan2002=100) 75,534.4 Nov 2023 monthly Mar 2021 - Nov 2023
Spain (31Dec1989=3000) 16,371.6 Nov 2025 monthly Dec 1989 - Nov 2025
Sri Lanka (1985=100) 22,712.8 Nov 2025 monthly Jan 1987 - Nov 2025
Sudan (Jun2004=1000) 57,793.4 Mar 2023 monthly Sep 2009 - Mar 2023
Sweden (31Dec1995=100) 1,022.6 Nov 2025 monthly Jan 1996 - Nov 2025
Switzerland (30Jun1988=1500) 12,834.0 Nov 2025 monthly Jan 1988 - Nov 2025
Syria (31Dec2009=1000) 140,003.7 Nov 2025 monthly Dec 2009 - Nov 2025
Taiwan (1966=100) 27,626.5 Nov 2025 monthly Jan 1967 - Nov 2025
Thailand (30Apr1975=100) 1,256.7 Nov 2025 monthly Apr 1975 - Nov 2025
Tunisia (31Dec1997=1000) 12,604.0 Oct 2025 monthly Dec 1997 - Oct 2025
Turkey (01Jan1986=1) 116,524.8 Jun 2020 monthly Jan 1986 - Jun 2020
Ukraine (01Oct1997=100) 458.8 Nov 2025 monthly Nov 1997 - Nov 2025
United Arab Emirates (31Dec2003=1000) 5,836.9 Nov 2025 monthly Nov 2022 - Nov 2025
United Kingdom (30Dec1983=100) 9,720.5 Nov 2025 monthly Jan 1984 - Nov 2025
United States (31Dec2002=5000) 21,824.7 Nov 2025 monthly Dec 1965 - Nov 2025

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Argentina Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.3 Jun 2025 quarterly Dec 2004 - Jun 2025
Consolidated Fiscal Balance (USD mn) 359.919 Oct 2025 monthly Jan 1993 - Oct 2025
Tax Revenue (USD mn) 7,648.268 Nov 2025 monthly Jan 1997 - Nov 2025
Tax Revenue: % of GDP (%) 14.8 Jun 2025 quarterly Mar 2004 - Jun 2025
National Government Debt (USD mn) 465,353.1 Jun 2025 quarterly Dec 1994 - Jun 2025
Government Debt: % of GDP (%) 73.3 Jun 2025 quarterly Dec 2004 - Jun 2025
Forecast: Government Expenditure (ARS bn) 527,411.583 2030 yearly 1993 - 2030
Forecast: Government Net Debt (ARS bn) 935,916.833 2030 yearly 1992 - 2030
Forecast: Government Revenue (ARS bn) 540,015.956 2030 yearly 1993 - 2030
Government Revenue: Taxes: Net Vat (ARS mn) 5,461,512.696 Nov 2025 monthly Jan 1997 - Nov 2025
Government Revenue: Social Security (ARS mn) 3,825,860.910 Nov 2025 monthly Jan 1997 - Nov 2025
Non Financial Public Sector (NFPS) 2017: Total Balance (ARS mn) 599,753.200 Jan 2025 monthly Jan 2015 - Jan 2025
NFPS 2017: Current Revenue (ARS mn) 11,100,431.700 Jan 2025 monthly Jan 2015 - Jan 2025
NFPS 2017: Total Revenue (ARS mn) 11,100,491.800 Jan 2025 monthly Jan 2015 - Jan 2025
NFPS 2017: Current Expenditure (ARS mn) 10,331,070.300 Jan 2025 monthly Jan 2015 - Jan 2025
NFPS 2017: Capital Expenditure (ARS mn) 169,668.300 Jan 2025 monthly Jan 2015 - Jan 2025
NFPS 2017: Total Expenditure (ARS mn) 10,500,738.600 Jan 2025 monthly Jan 2015 - Jan 2025
Government Revenue: Taxes (ARS mn) 187,540.45 Jul 2018 monthly Jan 1997 - Jul 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.933 2028 yearly 1980 - 2028
Trade Balance (USD mn) 775.0 Oct 2025 monthly Jan 1991 - Oct 2025
Total Exports (USD mn) 7,495.3 Oct 2025 monthly Jan 1991 - Oct 2025
Total Exports Growth (%) 9.3 Oct 2025 monthly Jan 1992 - Oct 2025
Aluminum: Exports (USD th) 2,077.905 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 468,925.080 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 58,673.181 2024 yearly 1995 - 2024
Total Imports (USD mn) 6,720.3 Oct 2025 monthly Jan 1991 - Oct 2025
Total Imports Growth (%) 16.4 Oct 2025 monthly Jan 1992 - Oct 2025
Imports: Medicament (USD th) 1,250,723.052 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 1,428,643.832 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 852.952 Oct 2025 monthly Dec 1995 - Oct 2025
Total Imports from USA (USD mn) 531.238 Oct 2025 monthly Dec 1995 - Oct 2025
Total Exports to China (USD mn) 1,158.511 Oct 2025 monthly Jan 2003 - Oct 2025
Total Imports from China (USD mn) 1,861.316 Oct 2025 monthly Apr 1983 - Oct 2025
Exports: fob: Industrial: Transport Material (USD mn) 8,350.345 2023 yearly 1989 - 2023
Exports: fob: Industrial: Chemicals & Related Products (USD mn) 4,286.131 2023 yearly 1989 - 2023
Exports: fob: Primary Products: Cereals (USD mn) 8,705.911 2023 yearly 1989 - 2023
Exports: fob: Agricultural: Fats and Oils (USD mn) 5,821.010 2023 yearly 1989 - 2023
Exports: fob: Agricultural: Residues & Waste from Food Industry (USD mn) 9,022.071 2023 yearly 1989 - 2023
Export Value Index (2015=100) 137.248 2021 yearly 1980 - 2021
Import Value Index (2015=100) 104.950 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 637.6 Jun 2025 quarterly Mar 1992 - Jun 2025
Current Account Balance (USD mn) -3,015.7 Jun 2025 quarterly Mar 1976 - Jun 2025
Current Account Balance: % of GDP (%) -1.7 Jun 2025 quarterly Mar 2004 - Jun 2025
Foreign Direct Investment (USD mn) 2,865.1 Jun 2025 quarterly Mar 1977 - Jun 2025
Foreign Direct Investment: % of GDP (%) 1.6 Jun 2025 quarterly Mar 2004 - Jun 2025
Foreign Portfolio Investment (USD mn) 1,074.495 Jun 2025 quarterly Mar 1994 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 0.6 Jun 2025 quarterly Mar 1994 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -758.9 Jun 2025 quarterly Mar 1994 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 1,833.432 Jun 2025 quarterly Mar 1994 - Jun 2025
External Debt (USD mn) 305,042.7 Jun 2025 quarterly Mar 2006 - Jun 2025
External Debt: % of GDP (%) 43.5 2024 yearly 1994 - 2024
External Debt: Short Term (USD mn) 85,241.2 Jun 2025 quarterly Sep 2003 - Jun 2025
External Debt: Short Term: % of GDP (%) 13.1 2024 yearly 2003 - 2024
Forecast: Current Account Balance (USD bn) 9.498 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 18,295.500 Jun 2025 quarterly Mar 2016 - Jun 2025
BoP: FA: Liabilities: Financial Derivatives (USD mn) -26.385 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: FA: Assets: Financial Derivatives (USD mn) -8.156 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: Current Account: Services: Import (USD mn) 5,998.348 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: Financial Account: Other Investments (USD mn) 2,156.622 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: Financial Account: Direct Invt: NIL: Equity Investments & Investment Fund S... (USD mn) 1,823.173 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: Financial Account: Direct Invt: NIL: Debt Securities (USD mn) 658.550 Sep 2024 quarterly Mar 2006 - Sep 2024
Foreign Direct Investment (USD mn) 2,395.434 Sep 2024 quarterly Mar 2017 - Sep 2024
Foreign Direct Investment: Deposit-taking Corporations, except Central Bank (USD mn) 871.099 Sep 2024 quarterly Mar 2017 - Sep 2024
Foreign Direct Investment: Wholesale, Retail Trade & Repair of Motor Vehicles & ... (USD mn) -184.109 Sep 2024 quarterly Mar 2017 - Sep 2024
Foreign Direct Investment: Manufacturing (USD mn) 371.240 Sep 2024 quarterly Mar 2017 - Sep 2024
Foreign Direct Investment: Mining & Quarrying (USD mn) 718.119 Sep 2024 quarterly Mar 2017 - Sep 2024
AR: BOP: Net Errors and Omissions (USD mn) -4,468.784 2024 yearly 1976 - 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.2 Sep 2025 monthly Dec 2002 - Sep 2025
Household Debt: % of GDP (%) 6.3 Jun 2025 quarterly Dec 2004 - Jun 2025
Money Supply M1 (USD mn) 35,941.524 Sep 2025 monthly Jan 1990 - Sep 2025
Money Supply M2 (USD mn) 85,204.707 Sep 2025 monthly Jan 1990 - Sep 2025
M2 Growth (%) 37.9 Sep 2025 monthly Jan 1991 - Sep 2025
Reserve Requirement Ratio (%) 39.6 Jul 2025 monthly Apr 1985 - Jul 2025
Foreign Exchange Reserves (USD mn) 30,663.2 Oct 2025 monthly Dec 1956 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 4.697 Jun 2025 quarterly Dec 2004 - Jun 2025
Foreign Exchange Reserves: Months of Import (NA) 4.3 Oct 2025 monthly Jan 1990 - Oct 2025
Gold Reserves (USD mn) 7,934.400 Oct 2025 monthly Dec 1956 - Oct 2025
Total Deposits (USD mn) 87,892.131 Nov 2025 monthly Jul 2002 - Nov 2025
Total Deposits Growth (%) 39.9 Nov 2025 monthly Jul 2003 - Nov 2025
Domestic Credit (USD mn) 206,063.2 Sep 2025 monthly Jan 1990 - Sep 2025
Domestic Credit Growth (%) 66.1 Sep 2025 monthly Jan 1991 - Sep 2025
Credit to Households (USD bn) 33.083 Jun 2025 quarterly Mar 1994 - Jun 2025
Credit to Private Non-Financial Sector (USD bn) 153.388 Jun 2025 quarterly Mar 1990 - Jun 2025
Household Debt (USD mn) 37,896.6 Sep 2025 monthly Dec 1999 - Sep 2025
Total Loans (USD mn) 225,371.562 Sep 2025 monthly Jan 1990 - Sep 2025
Total Loans Growth (%) 57.81 Sep 2025 monthly Jan 1991 - Sep 2025
Private Debt: % of Nominal GDP (%) 13.08 Jun 2025 quarterly Dec 2004 - Jun 2025
Money Supply: Month End: M1 (ARS th) 46,733,323,316.000 Dec 2024 monthly Jan 1990 - Dec 2024
Money Supply: Month End: M3 (ARS th) 152,173,589,134.000 Dec 2024 monthly Jan 1990 - Dec 2024
Money Supply: Month End: M2 (ARS th) 101,280,342,625.000 Dec 2024 monthly Jan 1990 - Dec 2024
ORA: Foreign Currency Reserves (FCR) (USD mn) 22,050.920 Jan 2025 monthly Jul 2006 - Jan 2025
Official Reserve Assets (ORA) (USD mn) 28,309.770 Jan 2025 monthly Dec 1999 - Jan 2025
Deposits: ARS (ARS mn) 127,575,428.233 Nov 2025 monthly Jul 2002 - Nov 2025
Loans: ARS: Non Financial: Private: Mortgages (ARS mn) 5,993,917.633 Nov 2025 monthly Jul 2002 - Nov 2025
Loans (ARS mn) 5,759,914.20 Jun 2018 monthly Jan 1990 - Jun 2018
Business and Economic Survey Last Frequency Range
Geopolitical Risk Index (%) 0.042 Nov 2025 monthly Jan 1985 - Nov 2025

More Indicators for Argentina

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