3 ms·
I just used the data available in Wikipedia. Instead, if we go to official data from Argentina's INDEC (national institute of statistics) we get a more reliable
by Findeton 2y ago
I just used the data available in Wikipedia. Instead, if we go to official data from Argentina's INDEC (national institute of statistics) we get a more reliable picture. Here [1] we see they show annual GDP (called PIB in Spanish) in constant prices of 2004 (so, they correct it by inflation). In page 6 you can see this image [2], where you see that yes, GDP hasn't really grown at all since 2011 (which is more than a decade ago). And this is aggregate GDP, but population has grown, so GDP per capita has gone down.
[1] https://www.indec.gob.ar/uploads/informesdeprensa/pib_06_242C4E01A10F.pdf https://www.indec.gob.ar/uploads/informesdeprensa/pib_06_242...
[2] https://i.imgur.com/f0pIiFE.png https://i.imgur.com/f0pIiFE.png
- gus_massa 2y agoIn 2015 the situation of the INDEC was strange, the inflation was underestimated [1] and also the dollar/peso ratio was fictional. So take all that numbers with a grain of salt. However I agree that there is (almost) no gro in the GDP in a long time. [2] [1] Comparison of the official inflation rate and the unofficial one published by the oposition in the congress: https://economictrends.com.ar/2015/01/16/economia-en-1-grafico-inflacion-oficial-y-no-oficial/ https://economictrends.com.ar/2015/01/16/economia-en-1-grafi... [2] Anyway, I remember 2015 was a good year, we had a huge soy harvest and the international price was very high.