Argentina: Gross national expenditure (constant 2015 US$)

Key figures

What the numbers say

In 2025, Argentina's gross national expenditure (constant 2015 US$) rose 8.4% on 2024 (from US$578.2 billion to US$626.49 billion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +2.1% and a typical year strayed about 8% from that (the standard deviation). This year's change was 0.8 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 16.7% in 1991 and the biggest yearly fall was 16.6% in 2002. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

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

How it compares

In 2025, Argentina had the 19th highest value of the 123 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 2025 ranking

• Netherlands — 15th of 123: US$838.31 billion
• Switzerland — 16th of 123: US$747.48 billion
• Poland — 17th of 123: US$652.79 billion
• Sweden — 19th of 123: US$558.33 billion
• Egypt, Arab Rep. — 20th of 123: US$540.48 billion
• Belgium — 21st of 123: US$529.23 billion

What this measures

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. 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.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 66 values

Gross national expenditure (constant 2015 US$) in nearby economies

• Bahamas, The — US$14.3 billion (2024)
• Belize — US$2.65 billion (2024)
• Bolivia — US$40.57 billion (2024)
• Brazil — US$2.08 trillion (2025)
• Chile — US$310.48 billion (2025)
• Colombia — US$412.09 billion (2025)
• Costa Rica — US$75.05 billion (2025)
• Cuba — US$83.46 billion (2024)
• Dominican Republic — US$112.84 billion (2025)
• Ecuador

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 gross national expenditure (constant 2015 US$)?

US$626.49 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is up 351.49% from US$138.76 billion in 1960 (2.35% a year on average, compounded). The highest value was US$626.61 billion in 2017 and the lowest US$137.81 billion in 1963.

How does Argentina rank?

19th highest of 123 economies with data for 2025.

Is the latest change in gross national expenditure (constant 2015 US$) unusual for Argentina?

In 2025, Argentina's gross national expenditure (constant 2015 US$) rose 8.4% on 2024 (from US$578.2 billion to US$626.49 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +2.1% and a typical year strayed about 8% from that (the standard deviation). This year's change was 0.8 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NE.DAB.TOTL.KD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, 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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