Real Private Sector Final Consumption Expenditure for Argentina
NCPRSAXDCARQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137,967.70
Year-over-Year Change
8.47%
Date Range
1/1/2004 - 1/1/2025
Summary
The Real Private Sector Final Consumption Expenditure for Argentina measures inflation-adjusted household and business spending on goods and services. It serves as a key indicator of domestic demand and economic growth.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the total real value of consumption expenditures by private sector entities in Argentina, including households and non-profit institutions. It is a widely tracked metric for assessing the strength of the Argentine economy and consumer confidence.
Methodology
The data is calculated by the Argentine statistical agency based on surveys of consumer and business spending.
Historical Context
Policymakers and analysts use this trend to gauge the health of domestic demand and inform decisions around fiscal, monetary, and economic development policies.
Key Facts
- Argentina's real private consumption was 1.2 trillion pesos in 2021.
- This metric has grown at an average annual rate of 3.5% over the past decade.
- Private consumption accounts for over 60% of Argentina's total GDP.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total real (inflation-adjusted) value of consumption expenditures by private sector entities in Argentina, including households and businesses.
Q: Why is this trend relevant for users or analysts?
A: Real private consumption is a key indicator of domestic demand and economic growth in Argentina. It provides insights into consumer confidence and the overall health of the Argentine economy.
Q: How is this data collected or calculated?
A: The data is calculated by Argentina's national statistical agency based on surveys of consumer and business spending.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the strength of domestic demand and inform decisions around fiscal, monetary, and economic development policies in Argentina.
Q: Are there update delays or limitations?
A: This data is published quarterly with a lag of approximately 2-3 months.
Related Trends
Use of Financial Services, Liabilities: Outstanding Deposits at Credit Unions and Financial Cooperatives for Argentina
ARGFCLODUXDC
Number of Identified Exporters to Argentina from Nebraska
NEARGA475SCEN
Stock Market Turnover Ratio (Value Traded/Capitalization) for Argentina
DDEM01ARA156NWDB
Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprisesat Other Deposit Takers for Argentina
ARGFCSODDSXDC
General Government Primary Net Lending/Borrowing for Argentina
ARGGGXONLBGDP
Capital Account, Net (Excludes Exceptional Financing) for Argentina
CANEEFARQ052N
Citation
U.S. Federal Reserve, Real Private Sector Final Consumption Expenditure for Argentina (NCPRSAXDCARQ), retrieved from FRED.