According to a report, Argentina’s economy experienced a growth of 4.4% in 2025. The rise was primarily propelled by two sectors: agriculture and financial intermediation. In comparison to December 2024, eleven sectors of economic activity experienced growth, while four sectors saw a decline. The economy experienced a growth of 3.5% in December relative to the same month in 2024. Agriculture, livestock, hunting, and forestry experienced the most significant year-on-year growth at 32.2%, propelled by the peak wheat production noted in the complete statistical series and an unprecedented average yield. The second-highest positive contribution to the index was observed in financial intermediation, which saw an increase of 14.1%. Other sectors exhibiting notable growth included fishing, energy, and mining.
The manufacturing industry experienced the most significant decline, registering a decrease of 3.9% in December 2025 relative to the same period in the prior year. Subsequently, wholesale, retail trade, and repairs experienced a contraction of 1.3%. Recent figures indicate that the manufacturing sector is facing significant challenges. The most recent report from INDEC indicates that the industrial sector operated at 53.8% of its capacity in December. The sectors currently experiencing the most significant downturn are the automotive, plastic, and textile industries, which are functioning at merely 31.2%, 33.4%, and 35.2% of their capacity, respectively.
Florencia Fiorentin indicated that the recent high-profile shutdown of an 86-year-old tyre manufacturer, Fate, should not be viewed as an isolated incident. “A significant number of companies are ceasing operations, particularly within the Buenos Aires metropolitan region,” stated Fiorentin. “Essentially, a decline in demand coincides with the liberalisation of imports — consequently, firms are unable to sell their products,” she noted.