In 2020, like many other industries worldwide, the Argentine automotive manufacturing sector was severely hit by the social and economic impacts of the COVID-19 pandemic. In the second quarter of the year, the industry added just under 1.4 billion Argentine pesos to the country's gross domestic product (GDP), down from over four billion pesos a year earlier. Despite a recovery in the third and fourth quarters of 2020, the total 2020 added value of almost 11 billion pesos represented a year-on-year drop of 29.5 compared to 2019's total. By 2023, the sector had recovered, reaching an added value of some 5.47 billion Argentine pesos in the fourth quarter of 2023.
Value added by the automotive manufacturing sector to the gross domestic product (GDP) in Argentina from 1st quarter 2017 to 2nd quarter 2024
(in billion Argentine pesos)
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Instituto Nacional de Estadística y Censos (Argentina). (September 18, 2024). Value added by the automotive manufacturing sector to the gross domestic product (GDP) in Argentina from 1st quarter 2017 to 2nd quarter 2024 (in billion Argentine pesos) [Graph]. In Statista. Retrieved November 25, 2024, from https://www.statista.com/statistics/1057059/automotive-industry-added-value-gdp-quarter-argentina/
Instituto Nacional de Estadística y Censos (Argentina). "Value added by the automotive manufacturing sector to the gross domestic product (GDP) in Argentina from 1st quarter 2017 to 2nd quarter 2024 (in billion Argentine pesos)." Chart. September 18, 2024. Statista. Accessed November 25, 2024. https://www.statista.com/statistics/1057059/automotive-industry-added-value-gdp-quarter-argentina/
Instituto Nacional de Estadística y Censos (Argentina). (2024). Value added by the automotive manufacturing sector to the gross domestic product (GDP) in Argentina from 1st quarter 2017 to 2nd quarter 2024 (in billion Argentine pesos). Statista. Statista Inc.. Accessed: November 25, 2024. https://www.statista.com/statistics/1057059/automotive-industry-added-value-gdp-quarter-argentina/
Instituto Nacional de Estadística y Censos (Argentina). "Value Added by The Automotive Manufacturing Sector to The Gross Domestic Product (Gdp) in Argentina from 1st Quarter 2017 to 2nd Quarter 2024 (in Billion Argentine Pesos)." Statista, Statista Inc., 18 Sep 2024, https://www.statista.com/statistics/1057059/automotive-industry-added-value-gdp-quarter-argentina/
Instituto Nacional de Estadística y Censos (Argentina), Value added by the automotive manufacturing sector to the gross domestic product (GDP) in Argentina from 1st quarter 2017 to 2nd quarter 2024 (in billion Argentine pesos) Statista, https://www.statista.com/statistics/1057059/automotive-industry-added-value-gdp-quarter-argentina/ (last visited November 25, 2024)
Value added by the automotive manufacturing sector to the gross domestic product (GDP) in Argentina from 1st quarter 2017 to 2nd quarter 2024 (in billion Argentine pesos) [Graph], Instituto Nacional de Estadística y Censos (Argentina), September 18, 2024. [Online]. Available: https://www.statista.com/statistics/1057059/automotive-industry-added-value-gdp-quarter-argentina/
