Argentina Labour Productivity Growth

1992 - 2024 | Yearly | % | CEIC Data

Key information about Argentina Labour Productivity Growth

  • Argentina Labour Productivity improved by 2.32 % YoY in Dec 2024, compared with a drop of 4.77 % in the previous year
  • Argentina Labour Productivity Growth data is updated yearly, available from Dec 1992 to Dec 2024, averaging at -4.07 %
  • The data reached an all-time high of 9.39 % in Dec 1993 and a record low of -7.73 % in Dec 2018

CEIC calculates annual Labour Productivity Growth from quarterly Real GDP and quarterly Employment. The National Institute of Statistics and Censuses provides Real GDP in local currency based on SNA 2008, at 2004 prices. The National Institute of Statistics and Censuses also provides Employment data. Labour productivity is measured from overall GDP and urban employment. Labour Productivity Growth prior to 2005 is based on World Bank's GDP per person employed, 2021 PPP

View Argentina's Labour Productivity Growth from 1992 to 2024 in the chart:

Argentina Labour Productivity Growth

What was Argentina's Labour Productivity Growth in 2024?

Argentina Labour Productivity improved by 2.32 % YoY in Dec 2024, compared with a drop of 4.77 % in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.32 2024 -4.77 2023 -7.73 2018 9.39 1993 % yearly 1992 - 2024

Labour Productivity Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 4.32 Sep 2025 quarterly Jun 1997 - Sep 2025
Algeria (%) 2.45 2024 yearly 1992 - 2024
Argentina (%) 2.32 2024 yearly 1992 - 2024
Armenia (%) 6.51 Jun 2025 quarterly Mar 2009 - Jun 2025
Australia (%) 0.46 Sep 2025 quarterly Jun 1979 - Sep 2025
Austria (%) 0.85 Sep 2025 quarterly Mar 2005 - Sep 2025
Azerbaijan (%) -0.23 Sep 2025 quarterly Mar 2009 - Sep 2025
Bahrain (%) -3.79 Jun 2023 quarterly Mar 2009 - Jun 2023
Bangladesh (%) 2.42 2024 yearly 1992 - 2024
Belarus (%) -0.49 Sep 2025 quarterly Mar 2006 - Sep 2025
Belgium (%) -0.08 Sep 2025 quarterly Mar 2000 - Sep 2025
Bolivia (%) -2.79 2024 yearly 2000 - 2024
Bosnia and Herzegovina (%) -0.03 2024 yearly 2007 - 2024
Botswana (%) 7.44 Dec 2022 quarterly Sep 2008 - Dec 2022
Brazil (%) 0.57 2024 yearly 1992 - 2024
Brunei (%) 1.26 2024 yearly 1992 - 2024
Bulgaria (%) 0.72 Sep 2025 quarterly Mar 2001 - Sep 2025
Cambodia (%) 1.04 2021 yearly 2008 - 2021
Canada (%) 1.27 Sep 2025 quarterly Mar 1977 - Sep 2025
Chile (%) 0.40 Sep 2025 quarterly Mar 1987 - Sep 2025
China (%) 5.84 2024 yearly 1953 - 2024
Colombia (%) 0.86 Sep 2025 quarterly Mar 2002 - Sep 2025
Croatia (%) 3.26 Jun 2025 quarterly Mar 2008 - Jun 2025
Cyprus (%) 0.51 Sep 2025 quarterly Jun 2005 - Sep 2025
Czech Republic (%) 1.53 Sep 2025 quarterly Mar 1997 - Sep 2025
Denmark (%) 2.73 Sep 2025 quarterly Mar 1991 - Sep 2025
Ecuador (%) -2.72 2024 yearly 1992 - 2024
Egypt (%) -2.61 Sep 2025 quarterly Mar 2004 - Sep 2025
Estonia (%) -0.18 Sep 2025 quarterly Mar 1996 - Sep 2025
European Union (%) 0.87 Sep 2025 quarterly Mar 2006 - Sep 2025
Finland (%) 0.76 Sep 2025 quarterly Mar 1991 - Sep 2025
France (%) 0.44 2024 yearly 1979 - 2024
Georgia (%) 4.37 2024 yearly 1997 - 2024
Germany (%) 0.35 Sep 2025 quarterly Mar 1992 - Sep 2025
Ghana (%) 3.61 2024 yearly 1992 - 2024
Greece (%) 0.83 Sep 2025 quarterly Mar 1996 - Sep 2025
Hong Kong SAR, China (%) 4.31 Sep 2025 quarterly Dec 1982 - Sep 2025
Hungary (%) 1.23 Sep 2025 quarterly Mar 1999 - Sep 2025
Iceland (%) -0.13 Jun 2025 quarterly Mar 2004 - Jun 2025
India (%) 3.39 2023 yearly 1992 - 2023
Indonesia (%) 1.55 2024 yearly 2001 - 2024
Iran (%) 2.38 2024 yearly 1992 - 2024
Ireland (%) 9.60 Sep 2025 quarterly Mar 1999 - Sep 2025
Israel (%) 2.61 Sep 2025 quarterly Mar 2013 - Sep 2025
Italy (%) -0.02 Sep 2025 quarterly Mar 1997 - Sep 2025
Ivory Coast (%) 2.85 2024 yearly 1992 - 2024
Japan (%) -0.00 Sep 2025 quarterly Mar 1969 - Sep 2025
Jordan (%) 2.69 2023 yearly 2001 - 2023
Kazakhstan (%) 6.30 Jun 2025 quarterly Mar 2002 - Jun 2025
Kenya (%) 1.38 2024 yearly 2011 - 2024
South Korea (%) 1.07 Sep 2025 quarterly Sep 1983 - Sep 2025
Kosovo (%) 10.87 Dec 2024 quarterly Mar 2017 - Dec 2024
Kuwait (%) -4.93 2024 yearly 1992 - 2024
Kyrgyzstan (%) 5.93 2023 yearly 1993 - 2023
Laos (%) 2.04 2024 yearly 1992 - 2024
Latvia (%) 1.09 Sep 2025 quarterly Mar 2003 - Sep 2025
Lebanon (%) -1.95 2023 yearly 1992 - 2023
Lithuania (%) 2.34 Sep 2025 quarterly Mar 1996 - Sep 2025
Luxembourg (%) 1.23 Sep 2025 quarterly Mar 1996 - Sep 2025
Macau SAR, China (%) 9.10 Sep 2025 quarterly Mar 2002 - Sep 2025
North Macedonia (%) 3.01 Sep 2025 quarterly Mar 2005 - Sep 2025
Malawi (%) -1.47 2024 yearly 1992 - 2024
Malaysia (%) 1.99 Sep 2025 quarterly Mar 2001 - Sep 2025
Malta (%) -1.73 Sep 2025 quarterly Dec 2001 - Sep 2025
Mauritius (%) 4.82 Jun 2025 quarterly Mar 2005 - Jun 2025
Mexico (%) -0.13 Sep 2025 quarterly Jun 1996 - Sep 2025
Moldova (%) 7.83 Sep 2025 quarterly Mar 2001 - Sep 2025
Mongolia (%) 3.94 Sep 2025 quarterly Sep 2007 - Sep 2025
Montenegro (%) 3.97 Sep 2025 quarterly Mar 2009 - Sep 2025
Morocco (%) 3.00 2024 yearly 2000 - 2024
Mozambique (%) -1.19 2024 yearly 1992 - 2024
Myanmar (%) -43.15 2022 yearly 1992 - 2022
Nepal (%) 3.63 2024 yearly 1992 - 2024
Netherlands (%) 1.44 Sep 2025 quarterly Mar 1996 - Sep 2025
New Zealand (%) 2.48 Sep 2025 quarterly Jun 1988 - Sep 2025
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) 1.45 Sep 2025 quarterly Mar 1996 - Sep 2025
Oman (%) 2.12 2024 yearly 1999 - 2024
Pakistan (%) -1.23 2019 yearly 2001 - 2019
Palestinian Territory (%) 0.72 Jun 2025 quarterly Dec 2009 - Jun 2025
Panama (%) 1.07 2024 yearly 1992 - 2024
Paraguay (%) 2.07 Jun 2025 quarterly Mar 2018 - Jun 2025
Peru (%) 0.56 2023 yearly 2002 - 2023
Philippines (%) 4.32 2024 yearly 1992 - 2024
Poland (%) 3.15 Sep 2025 quarterly Dec 1999 - Sep 2025
Portugal (%) -0.52 Sep 2025 quarterly Mar 1996 - Sep 2025
Qatar (%) -2.08 2024 yearly 2012 - 2024
Romania (%) 3.87 Sep 2025 quarterly Mar 1996 - Sep 2025
Russia (%) 0.13 Sep 2025 quarterly Mar 1996 - Sep 2025
Saudi Arabia (%) -7.72 2024 yearly 1971 - 2024
Serbia (%) 3.71 Sep 2025 quarterly Mar 2015 - Sep 2025
Singapore (%) 2.70 Sep 2025 quarterly Mar 1986 - Sep 2025
Slovakia (%) 1.33 Sep 2025 quarterly Mar 1996 - Sep 2025
Slovenia (%) 2.16 Sep 2025 quarterly Mar 1996 - Sep 2025
South Africa (%) 1.40 Sep 2025 quarterly Mar 2009 - Sep 2025
Spain (%) 0.06 Sep 2025 quarterly Mar 1996 - Sep 2025
Sri Lanka (%) 2.51 Jun 2025 quarterly Jun 2013 - Jun 2025
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) 2.35 Sep 2025 quarterly Mar 1994 - Sep 2025
Switzerland (%) 0.19 Sep 2025 quarterly Mar 2011 - Sep 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) 419.674 Nov 2025 monthly Jan 1993 - Nov 2025
Tax Revenue (USD mn) 8,098.139 Dec 2025 monthly Jan 1997 - Dec 2025
Tax Revenue: % of GDP (%) 14.0 Sep 2025 quarterly Mar 2004 - Sep 2025
National Government Debt (USD mn) 454,037.1 Sep 2025 quarterly Dec 1994 - Sep 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) 5,436,359.858 Dec 2025 monthly Jan 1997 - Dec 2025
Government Revenue: Social Security (ARS mn) 3,898,607.998 Dec 2025 monthly Jan 1997 - Dec 2025
Public Debt: Medium & Long Term (USD mn) 411,082.876 Sep 2025 quarterly Dec 1997 - Sep 2025
NFPS 2017: Capital Expenditure (ARS mn) 219,960.800 Nov 2025 monthly Jan 2015 - Nov 2025
NFPS 2017: Total Revenue (ARS mn) 11,402,650.300 Nov 2025 monthly Jan 2015 - Nov 2025
NFPS 2017: Total Expenditure (ARS mn) 10,802,696.500 Nov 2025 monthly Jan 2015 - Nov 2025
Non Financial Public Sector (NFPS) 2017: Total Balance (ARS mn) 599,953.800 Nov 2025 monthly Jan 2015 - Nov 2025
NFPS 2017: Current Expenditure (ARS mn) 10,582,735.700 Nov 2025 monthly Jan 2015 - Nov 2025
NFPS 2017: Current Revenue (ARS mn) 11,394,901.200 Nov 2025 monthly Jan 2015 - Nov 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) 2,333.1 Nov 2025 monthly Jan 1991 - Nov 2025
Total Exports (USD mn) 8,597.1 Nov 2025 monthly Jan 1991 - Nov 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) 6,264.0 Nov 2025 monthly Jan 1991 - Nov 2025
Total Imports Growth (%) 12.2 Nov 2025 monthly Jan 1992 - Nov 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) 832.795 Nov 2025 monthly Dec 1995 - Nov 2025
Total Imports from USA (USD mn) 415.099 Nov 2025 monthly Dec 1995 - Nov 2025
Total Exports to China (USD mn) 1,323.717 Nov 2025 monthly Jan 2003 - Nov 2025
Total Imports from China (USD mn) 1,478.109 Nov 2025 monthly Apr 1983 - Nov 2025
Exports: ytd: Asia: China (USD mn) 8,934.872 Nov 2025 monthly Dec 2002 - Nov 2025
Exports: ytd: America: United States (USD mn) 7,241.790 Nov 2025 monthly Dec 2002 - Nov 2025
Motor Vehicle Export (Unit) 19,908.000 Dec 2025 monthly Jan 1996 - Dec 2025
Imports: ytd: America: United States (USD mn) 6,142.873 Nov 2025 monthly Dec 2002 - Nov 2025
Imports: ytd: Asia: China (USD mn) 16,419.658 Nov 2025 monthly Dec 2002 - Nov 2025
Exports: fob: Agricultural: Residues & Waste from Food Industry (USD mn) 9,022.071 2023 yearly 1989 - 2023
Exports: fob: Industrial: Transport Material (USD mn) 8,350.345 2023 yearly 1989 - 2023
Exports: fob: Primary Products: Cereals (USD mn) 8,705.911 2023 yearly 1989 - 2023
Exports: fob: Industrial: Chemicals & Related Products (USD mn) 4,286.131 2023 yearly 1989 - 2023
Exports: fob: Agricultural: Fats and Oils (USD mn) 5,821.010 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) -1,580.8 Sep 2025 quarterly Mar 1976 - Sep 2025
Current Account Balance: % of GDP (%) -1.7 Jun 2025 quarterly Mar 2004 - Jun 2025
Foreign Direct Investment (USD mn) 4,248.0 Sep 2025 quarterly Mar 1977 - Sep 2025
Foreign Direct Investment: % of GDP (%) 2.5 Sep 2025 quarterly Mar 2004 - Sep 2025
Foreign Portfolio Investment (USD mn) -2,654.552 Sep 2025 quarterly Mar 1994 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 0.6 Jun 2025 quarterly Mar 1994 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -209.1 Sep 2025 quarterly Mar 1994 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -2,445.476 Sep 2025 quarterly Mar 1994 - Sep 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) 91,514.4 Sep 2025 quarterly Sep 2003 - Sep 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) 30,322.646 Sep 2025 quarterly Mar 2016 - Sep 2025
BoP: Financial Account: Direct Invt: NIL: Equity Investments & Investment Fund S... (USD mn) 1,242.361 Sep 2025 quarterly Mar 2006 - Sep 2025
BoP: Financial Account: Other Investments (USD mn) -2,097.655 Sep 2025 quarterly Mar 2006 - Sep 2025
BoP: Current Account: Services: Import (USD mn) 5,998.348 Sep 2024 quarterly Mar 2006 - Sep 2024
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: 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: Wholesale, Retail Trade & Repair of Motor Vehicles & ... (USD mn) -184.109 Sep 2024 quarterly Mar 2017 - Sep 2024
Foreign Direct Investment: Mining & Quarrying (USD mn) 718.119 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: Deposit-taking Corporations, except Central Bank (USD mn) 871.099 Sep 2024 quarterly Mar 2017 - Sep 2024
AR: BOP: Financial Account: Portfolio Investment: Net (USD mn) 4,689.510 2024 yearly 1976 - 2024
AR: BOP: Net Errors and Omissions (USD mn) -4,468.784 2024 yearly 1976 - 2024
AR: BOP: Current Account: Personal Remittances: Received (USD mn) 1,044.365 2024 yearly 1978 - 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.2 Sep 2025 monthly Dec 2002 - Sep 2025
Household Debt: % of GDP (%) 6.6 Sep 2025 quarterly Dec 2004 - Sep 2025
Money Supply M1 (USD mn) 33,356.612 Oct 2025 monthly Jan 1990 - Oct 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) 32,173.8 Nov 2025 monthly Dec 1956 - Nov 2025
Foreign Exchange Reserves: % of GDP (%) 4.714 Sep 2025 quarterly Dec 2004 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 4.3 Oct 2025 monthly Jan 1990 - Oct 2025
Gold Reserves (USD mn) 8,368.310 Nov 2025 monthly Dec 1956 - Nov 2025
Total Deposits (USD mn) 91,839.498 Dec 2025 monthly Jul 2002 - Dec 2025
Total Deposits Growth (%) 38.2 Dec 2025 monthly Jul 2003 - Dec 2025
Domestic Credit (USD mn) 213,262.4 Oct 2025 monthly Jan 1990 - Oct 2025
Domestic Credit Growth (%) 70.1 Oct 2025 monthly Jan 1991 - Oct 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) 37,711.9 Oct 2025 monthly Dec 1999 - Oct 2025
Total Loans (USD mn) 228,344.515 Oct 2025 monthly Jan 1990 - Oct 2025
Total Loans Growth (%) 60.13 Oct 2025 monthly Jan 1991 - Oct 2025
Private Debt: % of Nominal GDP (%) 13.08 Jun 2025 quarterly Dec 2004 - Jun 2025
Money Supply: Month End: M2 (ARS th) 118,889,029,830.000 Oct 2025 monthly Jan 1990 - Oct 2025
Money Supply: Month End: M3 (ARS th) 202,829,474,089.000 Oct 2025 monthly Jan 1990 - Oct 2025
Official Reserve Assets (ORA) (USD mn) 40,335.270 Nov 2025 monthly Dec 1999 - Nov 2025
ORA: Foreign Currency Reserves (FCR) (USD mn) 32,173.770 Nov 2025 monthly Jul 2006 - Nov 2025
ORA: Gold Incl Gold Deposits & Gold Swapped (USD mn) 8,368.310 Nov 2025 monthly Dec 1999 - Nov 2025
Money Supply: Month End: M1 (ARS th) 46,733,323,316.000 Dec 2024 monthly Jan 1990 - Dec 2024
Deposits: ARS (ARS mn) 133,626,469.871 Dec 2025 monthly Jul 2002 - Dec 2025
Loans: ARS: Non Financial: Private: Mortgages (ARS mn) 6,319,287.032 Dec 2025 monthly Jul 2002 - Dec 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 (%) 0.073 Dec 2025 monthly Jan 1985 - Dec 2025

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