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Argentina GDP 4Q2013

by Eduardo Petazze
In the 4th. quarter of 2013 the nominal GDP grew at 18.94% Y/Y from 23.30% Y/Y in 3Q2013.
In 2013 the nominal GDP grew by 22.04%, from 19.17% in 2012.
The INDEC of Argentina has released its estimate of GDP for the period 2004/2013, under a new methodology
Press release pdf, 2 pages
Links: Cuentas Nacionales base 2004
In the following summary, the impact of the change in methodology is added. Some own estimates are included to
complete the data released by the INDEC
Current GDP
Price index
Real GDP - (2004) prices
million
pesos
Actual Adjust (*) 2004=100
Y/Y
NSA
Y/Y
Previous
SA
Y/Y
2004
535,828
19.70%
100.00 9.20% 535,828 9.05%
9.03%
535,828
9.05%
2005
647,257
21.68%
110.62 10.62% 585,116 9.20%
9.18%
585,116
9.20%
2006
808,593
23.56%
127.53 15.28% 634,055 8.36%
8.47%
634,055
8.36%
2007
1,027,339
26.45%
150.02 17.64% 684,798 8.00%
8.65%
684,798
8.00%
2008
1,283,906
24.32%
181.85 21.21% 706,041 3.10%
6.76%
706,041
3.10%
2009
1,411,526
23.23%
199.82 9.88% 706,398 0.05%
0.85%
706,398
0.05%
2010
1,810,282
25.48%
234.82 17.51% 770,936 9.14%
9.16%
770,936
9.14%
2011
2,303,246
25.04%
275.22 17.20% 836,889 8.55%
8.87%
836,889
8.55%
2012
2,744,829
26.83%
324.91 18.06% 844,807 0.95%
1.90%
844,807
0.95%
2013
3,349,848
25.30%
385.16 18.54% 869,739 2.95%
5.10%
869,739
2.95%
Own estimate
Last data (*) Adjust: This is the rate of change of nominal GDP, new methodology, versus the previous methodology
Price index
Real GDP - (2004) prices at annual rate
million Current GDP, NSA
pesos
Actual Adjust (*) 2004=100
Y/Y
NSA
Y/Y
Previous
SA
Q/Q
SAAR
2004Q1
475,843
21.14%
95.02 7.85% 500,792 11.26% 11.26% 525,509 3.34% 14.06%
2004Q2
544,790
14.88%
100.74 10.89% 540,780 7.15%
7.15% 526,223 0.14%
0.54%
2004Q3
543,070
20.13%
102.02 10.02% 532,336 8.74%
8.74% 540,990 2.81% 11.71%
2004Q4
579,611
22.94%
101.79 8.06% 569,406 9.27%
9.27% 550,592 1.77%
7.29%
2005Q1
572,050
25.24%
106.20 11.77% 538,633 7.56%
7.97% 567,205 3.02% 12.63%
2005Q2
649,313
17.54%
107.78 6.98% 602,458 11.41% 10.39% 584,604 3.07% 12.85%
2005Q3
652,058
19.81%
112.55 10.32% 579,374 8.84%
9.21% 587,777 0.54%
2.19%
2005Q4
715,606
24.59%
115.42 13.39% 620,001 8.89%
9.02% 600,879 2.23%
9.22%
2006Q1
714,927
25.87%
122.03 14.90% 585,883 8.77%
8.78% 616,043 2.52% 10.48%
2006Q2
806,227
18.86%
124.24 15.28% 648,923 7.71%
7.75% 630,323 2.32%
9.60%
2006Q3
822,248
23.05%
130.43 15.89% 630,430 8.81%
8.74% 640,013 1.54%
6.29%
2006Q4
890,969
26.69%
132.79 15.05% 670,984 8.22%
8.64% 649,840 1.54%
6.28%
2007Q1
883,293
29.68%
140.59 15.21% 628,279 7.24%
7.95% 662,815 2.00%
8.23%
2007Q2 1,006,758
20.55%
143.73 15.68% 700,472 7.94%
8.65% 679,779 2.56% 10.64%
2007Q3 1,038,214
25.47%
153.24 17.49% 677,507 7.47%
8.82% 686,130 0.93%
3.79%
2007Q4 1,181,091
30.35%
161.15 21.36% 732,934 9.23%
9.10% 710,468 3.55% 14.96%
2008Q1 1,155,100
30.13%
173.56 23.45% 665,534 5.93%
8.53% 699,641 -1.52% -5.96%
2008Q2 1,315,204
18.71%
179.90 25.17% 731,078 4.37%
7.82% 711,346 1.67%
6.86%
2008Q3 1,319,176
24.74%
184.51 20.40% 714,978 5.53%
6.94% 720,905 1.34%
5.48%
2008Q4 1,346,142
24.89%
188.91 17.23% 712,574 -2.78%
4.05% 692,272 -3.97% -14.97%
2009Q1 1,275,052
28.41%
192.27 10.78% 663,168 -0.36%
2.04% 696,680 0.64%
2.57%
2009Q2 1,376,780
15.18%
195.17 8.49% 705,411 -3.51%
-0.77% 689,409 -1.04% -4.11%
2009Q3 1,429,471
22.30%
203.44 10.26% 702,663 -1.72%
-0.35% 708,368 2.75% 11.46%
2009Q4 1,564,801
27.77%
207.44 9.81% 754,349 5.86%
2.61% 731,134 3.21% 13.49%
2010Q1 1,559,852
28.13%
223.84 16.42% 696,859 5.08%
6.76% 734,592 0.47%
1.91%
2010Q2 1,781,454
18.11%
225.34 15.46% 790,558 12.07% 11.85% 771,710 5.05% 21.80%
2010Q3 1,860,197
26.90%
239.64 17.80% 776,240 10.47%
8.59% 782,277 1.37%
5.59%
2010Q4 2,039,627
29.16%
248.71 19.90% 820,086 8.71%
9.22% 795,165 1.65%
6.75%
2011Q1 2,007,553
28.07%
260.26 16.27% 771,371 10.69%
9.92% 812,469 2.18%
8.99%
2011Q2 2,298,740
16.32%
269.00 19.38% 854,542 8.09%
9.14% 835,255 2.80% 11.70%
2011Q3 2,371,153
27.11%
281.61 17.51% 842,001 8.47%
9.30% 845,787 1.26%
5.14%
2011Q4 2,535,539
29.44%
288.25 15.90% 879,641 7.26%
7.28% 854,044 0.98%
3.96%
2012Q1 2,447,171
30.52%
303.43 16.59% 806,495 4.55%
5.22% 846,932 -0.83% -3.29%
2012Q2 2,671,357
17.52%
317.45 18.01% 841,496 -1.53%
0.00% 824,140 -2.69% -10.34%
2012Q3 2,811,963
28.82%
333.40 18.39% 843,414 0.17%
0.70% 847,029 2.78% 11.58%
2012Q4 3,048,823
31.08%
343.40 19.14% 887,825 0.93%
2.07% 861,129 1.66%
6.83%
2013Q1 2,957,318
29.74%
361.34 19.08% 818,438 1.48%
3.05% 859,061 -0.24% -0.96%
2013Q2 3,348,580
15.18%
377.29 18.85% 887,533 5.47%
8.26% 868,499 1.10%
4.47%
2013Q3 3,467,228
27.87%
397.09 19.10% 873,155 3.53%
5.53% 877,555 1.04%
4.24%
2013Q4 3,626,268
29.69%
402.99 17.35% 899,833 1.35%
3.43% 873,843 -0.42% -1.68%
Own estimate
Last data - Adjust: This is the rate of change of nominal GDP, new methodology, versus the previous methodology