Official: the economy fell 1.6% in 2023 due to setbacks in the countryside, industry and commerce. The International Monetary Fund (IMF) projects that Argentina's GDP will contract by 2.8% this year.
Private economists consulted monthly by the Central Bank (BCRA) for its expectations report predict a drop of 3%. Although in general private consultants see a recovery in the agricultural sector, one of Argentina's economic drivers, this would not compensate for the decline in other activities.