Argentina: Adjusted net national income per capita (constant 2015 US$)

Key figures

What the numbers say

In 2021, Argentina's adjusted net national income per capita (constant 2015 US$) rose US$1,172 on 2020 (from US$9,612 to US$10,784).

Across the 30 yearly changes before that (1991 to 2020), the average change was +US$116.87 and a typical year strayed about US$676.91 from that (the standard deviation). This year's change was 1.6 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was US$3,198 in 1979 and the biggest yearly fall was US$3,379 in 1978. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 the straight-line trend is downward, about US$163.7 a year. A straight line explains 51% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2021, Argentina had the 42nd highest value of the 135 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Argentina in the 2021 ranking

• Hungary — 39th of 135: US$12,173
• Costa Rica — 40th of 135: US$11,298
• Panama — 41st of 135: US$10,962
• Chile — 43rd of 135: US$10,445
• Romania — 44th of 135: US$9,695
• Bulgaria — 45th of 135: US$8,488

What this measures

Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Limitations: Adjusted net national income differs from the adjustments made in the calculation of adjusted net savings, by not accounting for investments in human capital or the damages from pollution. Thus, adjusted net national income remains within the boundaries of the United Nations System of National Accounts (SNA). The SNA includes non-produced natural assets (such as land, mineral resources, and forests) within the asset boundary when they are under the effective control of institutional units. The calculation of adjusted net national income, which accounts for net forest, energy, and mineral depletion, as well as consumption of fixed capital, thus remains within the SNA boundaries.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 52 values

Adjusted net national income per capita (constant 2015 US$) in nearby economies

• Bahamas, The — US$23,262 (2021)
• Belize — US$4,621 (2021)
• Bolivia — US$2,075 (2021)
• Brazil — US$6,478 (2021)
• Chile — US$10,445 (2021)
• Colombia — US$5,423 (2021)
• Costa Rica — US$11,298 (2021)
• Cuba — US$7,102 (2019)
• Dominican Republic — US$7,079 (2021)

More economic policy & debt data for Argentina

• Total reserves, including gold (current US$) — US$41 billion (2025)
• Total reserves, excluding gold (current US$) — US$32.33 billion (2025)
• Final consumption expenditure (current US$) — US$580.02 billion (2025)
• Final consumption expenditure (current LCU) — 719.72 trillion (2025)
• Final consumption expenditure (constant 2015 US$) — US$522.52 billion (2025)
• Final consumption expenditure (constant LCU) — 646.27 billion (2025)
• Final consumption expenditure (% of GDP) — 84.91% (2025)
• Gross national expenditure deflator (base year varies by country) — 107,789 (2025)
• Gross national expenditure (current US$)

Reading data like this

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Questions people ask

What is Argentina's adjusted net national income per capita (constant 2015 US$)?

US$10,784 in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is up 38.35% from US$7,795 in 1970 (0.64% a year on average, compounded). The highest value was US$11,891 in 2011 and the lowest US$5,082 in 1984.

How does Argentina rank?

42nd highest of 135 economies with data for 2021.

Is the latest change in adjusted net national income per capita (constant 2015 US$) unusual for Argentina?

In 2021, Argentina's adjusted net national income per capita (constant 2015 US$) rose US$1,172 on 2020 (from US$9,612 to US$10,784). Across the 30 yearly changes before that (1991 to 2020), the average change was +US$116.87 and a typical year strayed about US$676.91 from that (the standard deviation). This year's change was 1.6 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator NY.ADJ.NNTY.PC.KD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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