Makrognosis

Argentina Gross fixed capital formation (INDEC)

QuarterlyReal (inflation-adjusted)Code AR.INVEST.Q.REAL

Latest (y/y)−11.1%Q2 2026
Previous (y/y)−12.0%Q1 2026
Level130,870 ARS million at 2004 pricesQ2 2026

Argentina Gross fixed capital formation (INDEC) was down 11.1% year on year in Q2 2026, compared with −12.0% in Q1 2026.

The level stood at 130,870 ARS million at 2004 prices.

Over the past ten years it has ranged from −38.3% (Q2 2020) to 78.6% (Q2 2021), averaging 1.7%.

Argentina Gross fixed capital formation (INDEC), annual % change, Q1 2005 – Q2 2026−50%−25%0%25%50%75%20052010201520202025Robomacro
Argentina Gross fixed capital formation (INDEC), annual % change, Q1 2005 – Q2 2026. Source: INDEC.
Argentina Gross fixed capital formation (INDEC), level (ARS million at 2004 prices)60k80k100k120k140k160k20052010201520202025Robomacro
Argentina Gross fixed capital formation (INDEC), level (ARS million at 2004 prices).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
Q2 2026130,870 ARS million at 2004 prices−11.1
Q1 2026124,666 ARS million at 2004 prices−12.0
Q4 2025135,974 ARS million at 2004 prices−2.6
Q3 2025148,830 ARS million at 2004 prices10.2
Q2 2025147,249 ARS million at 2004 prices32.4
Q1 2025141,621 ARS million at 2004 prices31.4
Q4 2024139,618 ARS million at 2004 prices1.9
Q3 2024135,000 ARS million at 2004 prices−16.8
Q2 2024111,251 ARS million at 2004 prices−29.4
Q1 2024107,772 ARS million at 2004 prices−24.0
Q4 2023137,053 ARS million at 2004 prices−7.8
Q3 2023162,177 ARS million at 2004 prices0.8
Q2 2023157,588 ARS million at 2004 prices−1.9
Q1 2023141,756 ARS million at 2004 prices−1.3
Q4 2022148,604 ARS million at 2004 prices0.3
Q3 2022160,953 ARS million at 2004 prices13.6
Q2 2022160,569 ARS million at 2004 prices17.9
Q1 2022143,684 ARS million at 2004 prices10.8
Q4 2021148,125 ARS million at 2004 prices14.9
Q3 2021141,728 ARS million at 2004 prices22.1
Q2 2021136,178 ARS million at 2004 prices78.6
Q1 2021129,688 ARS million at 2004 prices38.8
Q4 2020128,942 ARS million at 2004 prices15.7
Q3 2020116,053 ARS million at 2004 prices−9.2

Last 24 observations. The full history (90 observations) is available through the API.

Get Argentina Gross fixed capital formation (INDEC) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/AR.INVEST.Q.REAL"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/AR.INVEST.Q.REAL",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
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About this series

Latest observationQ2 2026
First observationQ1 2004
Observations90
FrequencyQuarterly
UnitsARS million at 2004 prices
AdjustmentReal (inflation-adjusted)
10-year high78.6% (Q2 2021)
10-year low−38.3% (Q2 2020)
10-year average1.7%
Source agencyINDEC
Makrognosis codeAR.INVEST.Q.REAL

Other Argentina indicators

Argentina GDP (Gross Domestic Product)Argentina Nominal GDP at current prices, annual (INDEC, ARS million)Argentina Nominal GDP at current purchasers' prices, quarterly at annual rate (INDEC Oferta y Demanda Globales, base 2004)Argentina Real GDP at constant 2004 prices, annual (INDEC)Argentina Inflation Rate (CPI)Argentina Core Inflation RateArgentina Unemployment RateArgentina Credit Rating & Sovereign Risk ScoreArgentina Industrial ProductionArgentina Current account balance, quarterly (INDEC)Argentina Trade Balance: Goods & ServicesArgentina Exports of goods & services (national accounts, real) (INDEC)Argentina Imports of goods & services (national accounts, real) (INDEC)Argentina Total imports CIF (USD MM)Argentina Government Debt to GDPArgentina Consumer confidence index, national (UTDT)

FAQ

What is the current gross fixed capital formation (INDEC) in Argentina?
The latest reading is −11.1% year on year for Q2 2026, published by INDEC.
Where does this data come from?
It is collected directly from INDEC and is available through the Makrognosis API under the code AR.INVEST.Q.REAL.

Last updated 2026-10-22. Source: INDEC. Original title: “Argentina - Gross fixed capital formation (INDEC)”.