Macro-economic Data

Text bolded/green below shows notes and variable definitions when you roll over. If you cannot see the notes, please download an Excel version from the Research Center, which includes notes. Also, a PDF featuring variable definitions is available in the document list under "Definition of Hofinet Variables".

 

A. Demography and Macroeconomy

A.1 Population
VariableEnd of 2017End of 2016End of 2015SourcesVar ID
Total population44.27 million43.85 million43.42 million
WDI
A.1.1
Total number of households  39.67 million
2010 Census
A.1.2
Average household size  3.48
Research
A.1.3
Urban population (% of total)92.03% of total91.89% of total91.75% of total
WDI
A.1.4
Urban population growth (annual %)1.11%1.14%1.17%
WDI
A.1.5
A.2 Economy
VariableEnd of 2017End of 2016End of 2015SourcesVar ID
GDP, current prices (U.S. dollars)637,717 USD (millions)554,107 USD (millions)642,464 USD (millions)
WEO
A.2.1
GDP based on PPP valuation of country GDP (Current international dollar)920,249 USD (millions)878,814 USD (millions)883,851 USD (millions)
WEO
A.2.2
GDP per capita, current prices (U.S. dollars)14,466.55 USD 12,708.87 USD 14,895.32 USD
WEO
A.2.3
GDP based on PPP per capita GDP (Current international dollar)20,875.76 USD 20,156.26 USD 20,491.79 USD
WEO
A.2.4
GDP, constant prices (Percent change)2.86%-1.82%2.73%
WEO
A.2.5
Inflation, end of period consumer prices (Percent change)24.8%Not availableNot available
WEO
A.2.6
GDP, deflator (Index)1449.101156.05825.31
WEO
A.2.7
Consumer price indexNot availableNot availableNot available
WDI
A.2.8
GINI IndexNot available42.40Not available
WDI
A.2.9
Median national annual household income21,479.1 USD   
Research
A.2.10
Urban minimum wages per month in USD534.94 USD 512.26 USD 605.21 USD
Ministerio de Trabajo
A.2.12
Growth in urban household income (%/year)A.2.13
Employment (% of total laborforce)A.2.14
Unemployed7.2%7.6%5.9%
Ministerio de Trabajo - Boletin de Estatiticas Laborales
A.2.14.3
Interest Rates:A.2.15
Average bank deposit rate21.55%18.95%26.58%
IFS
A.2.15.4
Lending rate31.24%25.92%30.33%
IFS
A.2.15.5
B. Housing Market
B.1 Housing Stock: Production, Transactions
VariableEnd of 2017End of 2016End of 2015SourcesVar ID
Number of dwelling units:B.1.1
Total  13.8 million
IADB
B.1.1.1
Percentage of vacant units  18% of total
IADB (Inter-American Development Bank)
B.1.2
Characteristics of housing stock:B.1.3
% of substandard dwelling units25% of total  
World Bank: documents.worldbank.org/curated/en/.../P161487-06-28-2017-1498688499724.docx
B.1.3.2
Tenure in urban areas (%):B.1.4
Owner-occupied units  68.9% of total
IADB "The Rental Market in Argentina" (Moya)
B.1.4.1
Private rental units  18% of total
IADB "The Rental Market in Argentina" (Moya)
B.1.4.3
Other forms of tenure   12.5% of total
IADB "The Rental Market in Argentina" (Moya)
B.1.4.5
Estimated Number of units completed/yearB.1.5
Formal sector/registered  63,749 units
Instituto Nacional Estadistica y Censos (https://www.indec.gov.ar/index.asp)
B.1.5.1
B.2 Housing Prices and Cost for Urban Areas or Capital City
VariableEnd of 2017End of 2016End of 2015SourcesVar ID
Median urban house price in USD:B.2.1
Median house price to median annual HH income:B.2.2
Annual average % change in median house prices:B.2.3
M2 construction cost for median quality houseB.2.4
Capital city  516 USD/sq.mt
IADB
B.2.4.3


back to top | Country Data:
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996.
Notes: A credit bureau was introduced in Argentina in May of 1996. 
Notes: A credit bureau was introduced in Argentina in May of 1996.  
Notes: Argentine residents are exempt from capital gains tax.
Notes: Argentine residents are exempt from capital gains tax.
Notes: Argentine residents are exempt from capital gains tax.
Notes: Argentinian banks practice self-regulation and each bank may have its own interest rate.
Notes: Argentinian banks practice self-regulation and each bank may have its own interest rate.
Notes: Argentinian banks practice self-regulation and each bank may have its own interest rate.
Notes: Argentinian banks practice self-regulation and each bank may have its own interest rate.
Notes: Argentinian banks practice self-regulation and each bank may have its own interest rate.
Notes: Argentinian banks practice self-regulation and each bank may have its own interest rate.
Notes: Argentinian banks practice self-regulation and each bank may have its own interest rate.
Notes: Argentinian banks practice self-regulation and each bank may have its own interest rate.
Notes: Argentinian banks practice self-regulation and each bank may have its own interest rate.
Notes: Argentinian banks practice self-regulation and each bank may have its own interest rate.
Notes: Argentinian banks practice self-regulation and each bank may have its own interest rate.
Notes: Argentinian banks practice self-regulation and each bank may have its own interest rate.
Notes: Argentinian banks practice self-regulation and each bank may have its own interest rate.
Notes: Argentinian banks practice self-regulation and each bank may have its own interest rate.
Notes: Argentinian banks practice self-regulation and each bank may have its own interest rate. 
Notes: Argentinian banks practice self-regulation and each bank may have their own LTV cap, generally between 70-80%.
Notes: Argentinian banks practice self-regulation and each bank may have their own LTV cap, generally between 70-80%.
Notes: Argentinian banks practice self-regulation and each bank may have their own LTV cap, generally between 70-80%.
Notes: Argentinian banks practice self-regulation and each bank may have their own LTV cap, generally between 70-80%.
Notes: Argentinian banks practice self-regulation and each bank may have their own LTV cap, generally between 70-80%.
Notes: Argentinian banks practice self-regulation and each bank may have their own LTV cap, generally between 70-80%.
Notes: Argentinian banks practice self-regulation and each bank may have their own LTV cap, generally between 70-80%.
Notes: Argentinian banks practice self-regulation and each bank may have their own LTV cap, generally between 70-80%.
Notes: Argentinian banks practice self-regulation and each bank may have their own LTV cap, generally between 70-80%.
Notes: Argentinian banks practice self-regulation and each bank may have their own LTV cap, generally between 70-80%.
Notes: Argentinian banks practice self-regulation and each bank may have their own LTV cap, generally between 70-80%.
Notes: Argentinian banks practice self-regulation and each bank may have their own LTV cap, generally between 70-80%.
Notes: Argentinian banks practice self-regulation and each bank may have their own LTV cap, generally between 70-80%.
Notes: Argentinian banks practice self-regulation and each bank may have their own LTV cap, generally between 70-80%. 
Notes: Argentinian banks practice self-regulation and each bank may have their own LTV cap, generally between 70-80%. 
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country.
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country. 
Notes: Banco de la Nacion Argentina was established in 1891. It is a wholly-owned state bank and is the largest in the country. 
Notes: Banks dominate the micro-finance industry in Argentina.
Notes: Banks dominate the micro-finance industry in Argentina.
Notes: Banks dominate the micro-finance industry in Argentina. 
Notes: Banks dominate the micro-finance industry in Argentina. 
Notes: Comisión Nacional de Valores supervises the conduct of business and prudential matters
Notes: Comisión Nacional de Valores supervises the conduct of business and prudential matters
Notes: Comisión Nacional de Valores supervises the conduct of business and prudential matters
Notes: Comisión Nacional de Valores supervises the conduct of business and prudential matters
Notes: Comisión Nacional de Valores supervises the conduct of business and prudential matters
Notes: Comisión Nacional de Valores supervises the conduct of business and prudential matters 
Notes: Comisión Nacional de Valores supervises the conduct of business and prudential matters  
Notes: Comisión Nacional de Valores supervises the conduct of business and prudential matters  
Notes: Depreciation is deductible, as well as expenses such as taxes, realtors' commissions, etc.
Notes: Depreciation is deductible, as well as expenses such as taxes, realtors' commissions, etc. 
Notes: Depreciation is deductible, as well as expenses such as taxes, realtors' commissions, etc.  
Notes: Government - public housing programs
Notes: Government - public housing programs
Notes: Housing deficit estimated to affect 6 million out of 24 million households
Notes: Monthly installments to income ratio usually "not above 30 percent"
Notes: On December 27, the Senate approved tax reform that introduced a capital gains tax of 15%
Notes: PRO.CREAR provided mortgage loans for low and middle-income families with subsidized interest rates. This program was phased out and replaced with a program that provides a lump-sum subsidy in 2016.
Notes: PRO.CREAR provided mortgage loans for low and middle-income families with subsidized interest rates. This program was phased out and replaced with a program that provides a lump-sum subsidy in 2016.
Notes: PRO.CREAR provided mortgage loans for low and middle-income families with subsidized interest rates. This program was phased out and replaced with a program that provides a lump-sum subsidy in 2016.
Notes: PRO.CREAR provided mortgage loans for low and middle-income families with subsidized interest rates. This program was phased out and replaced with a program that provides a lump-sum subsidy in 2016.
Notes: PRO.CREAR provided mortgage loans for low and middle-income families with subsidized interest rates. This program was phased out and replaced with a program that provides a lump-sum subsidy in 2016. 
Notes: PRO.CREAR provided mortgage loans for low and middle-income families with subsidized interest rates. This program was phased out and replaced with a program that provides a lump-sum subsidy in 2016. 
Notes: Real property tax is levied on the urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depend on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.  
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.  
Notes: Real property tax is levied on urban and rural land. The rate depends on the jurisdiction and is applied on the value of the property.
Notes: Regulated Deposit-taking Institutions (DTIs) in all member jurisidictions are subject o the supervision of prudential regulators. In some jurisdictions, DTIs are concurrently regulated by separate conduct regulators.
Notes: Rental income is subject to a flat tax of 24.5% The taxable portion of rental income is 60%. Therefore, leading to an effective rate of 14.7%.
Notes: Rental income is subject to a flat tax of 24.5% The taxable portion of rental income is 60%. Therefore, leading to an effective rate of 14.7%. 
Notes: Rental income is subject to a flat tax of 24.5% The taxable portion of rental income is 60%. Therefore, leading to an effective rate of 14.7%.  
Notes: roughly 4% of mortgage market is secondary
Notes: Significant increase in mortgages due to introduction of UVA
Notes: Significant increase in mortgages due to introduction of UVA
Notes: Stamp tax ranges from 2.5% to 4% for real estate
Notes: There is a stamp duty tax of 3.6% that is split by buyer and seller of the property.
Notes: There is a stamp duty tax of 3.6% that is split by buyer and seller of the property.
Notes: There is a stamp duty tax of 3.6% that is split by buyer and seller of the property.