# Argentina GVA: construction at 2004 prices

Argentina GVA: construction at 2004 prices was up 0.2% year on year in Q2 2026, compared with 2.4% in Q1 2026.
The level stood at 18,998 ARS million at 2004 prices.
That is the lowest reading since Q4 2024.
Over the past ten years it has ranged from −50.0% (Q2 2020) to 86.0% (Q2 2021), averaging 0.5%.

- Source agency: INDEC
- Makrognosis code: `AR.GVA.Q.REAL.NACE-F`
- Frequency: quarterly
- Units: ARS million at 2004 prices
- Coverage: 2004-01-01 to 2026-04-01 (90 observations)
- Page: https://makrognosis.robomacro.com/data/argentina/gva-construction-at-2004-prices

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | 18,998 ARS million at 2004 prices | 0.2 |
| Q1 2026 | 20,194 ARS million at 2004 prices | 2.4 |
| Q4 2025 | 18,849 ARS million at 2004 prices | 0.3 |
| Q3 2025 | 20,245 ARS million at 2004 prices | 0.8 |
| Q2 2025 | 18,954 ARS million at 2004 prices | 10.5 |
| Q1 2025 | 19,720 ARS million at 2004 prices | 5.9 |
| Q4 2024 | 18,792 ARS million at 2004 prices | −12.3 |
| Q3 2024 | 20,075 ARS million at 2004 prices | −15.0 |
| Q2 2024 | 17,160 ARS million at 2004 prices | −23.2 |
| Q1 2024 | 18,628 ARS million at 2004 prices | −20.1 |
| Q4 2023 | 21,429 ARS million at 2004 prices | −1.0 |
| Q3 2023 | 23,621 ARS million at 2004 prices | 0.5 |
| Q2 2023 | 22,341 ARS million at 2004 prices | 0.7 |
| Q1 2023 | 23,300 ARS million at 2004 prices | 3.4 |
| Q4 2022 | 21,648 ARS million at 2004 prices | 2.0 |
| Q3 2022 | 23,501 ARS million at 2004 prices | 7.0 |
| Q2 2022 | 22,196 ARS million at 2004 prices | 12.1 |
| Q1 2022 | 22,529 ARS million at 2004 prices | 3.1 |
| Q4 2021 | 21,229 ARS million at 2004 prices | 5.0 |
| Q3 2021 | 21,959 ARS million at 2004 prices | 26.6 |
| Q2 2021 | 19,795 ARS million at 2004 prices | 86.0 |
| Q1 2021 | 21,857 ARS million at 2004 prices | 24.7 |
| Q4 2020 | 20,225 ARS million at 2004 prices | 3.9 |
| Q3 2020 | 17,340 ARS million at 2004 prices | −21.7 |

## API

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

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