GDP reached a new historic record thanks to Javier Milei

In 2025, the Argentine economy reached a new historical record in real terms, exceeding the previous maximum level recorded in 2022 and ranking at the highest point in the entire available series. The figure not only reflects growth, but also the beginning of a new phase in the country's economic dynamics, driven by the turn of direction implemented by the Government of Javier

Milei.

Unlike other transitory rebounds in the past, the current process occurs after two consecutive years of decline and in a context of strong macroeconomic reorganization. In 2023, GDP had fallen 1.9% and in 2024 it fell another 1.3%, dragged down by the imbalances accumulated during the Kirchner economic model. The 2025 result not only reverses that trend, but also brings the economy to its highest level since comparable records exist

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Growth was not driven by public spending, but by an expansion of the private sector. Investment showed a strong recovery, with an increase of 16.4%, while private consumption increased 7.9%. This pattern makes a substantial difference compared to previous cycles, where growth relied on unsustainable fiscal stimulus

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In addition, dynamism was concentrated in key productive sectors. Financial intermediation led with an increase of 24.7%, followed by mining and agriculture, which once again positioned themselves as pillars of the real economy. This change in the structure of growth reflects a reallocation of resources to more competitive and value-generating activities

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In quarterly terms, the economy maintained a positive trend towards the end of the year, with growth of 0.6% compared to the previous quarter in the seasonally adjusted series. This figure, far from being lower, indicates that the level of activity not only reached a historic peak, but that it did so on an upward trajectory, leaving a stronger base for 2026

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The record reached in 2025 marks the end of a period characterized by stagnation and volatility, and the beginning of a growth process based on investment, production and macroeconomic normalization. For the first time in years, the Argentine economy is not only growing, but it is breaking its own historic ceiling.