The economic activity of the retail and trade sector in Argentina registered negative year-on-year growth rates from January 2020 to May 2021. The steepest decline was registered right after the COVID-19 outbreak, in April, with an economic activity decrease of approximately 26 percent. In June 2020, this sector seemed to have started a slow recovery, but the following months saw slightly higher declines. The Brazilian retail sector has also been affected by the coronavirus pandemic.
Change in economic activity of the retail and trade sector in Argentina from January to August 2020
compared to the same month of the previous year; includes retail, wholesale, and repairs industry
Supplementary notes
Figures are estimates.
According to the source, retail and trade generated in 2004 -the base year for the calculation-12.4 percent of the GDP in the country, of which retail and wholesale accounted for 11.4 percent. Automotive repair and maintenance accounted for 0.7 percent and repair of personal items and household appliances for the remaining 0.3 percent. Information about the methodology used to calculate the economic activity can be found here.
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Instituto Nacional de Estadística y Censos (Argentina). (July 21, 2021). Change in economic activity of the retail and trade sector in Argentina from January to August 2020 [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1143228/economic-activity-variation-retail-trade-argentina/
Instituto Nacional de Estadística y Censos (Argentina). "Change in economic activity of the retail and trade sector in Argentina from January to August 2020." Chart. July 21, 2021. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1143228/economic-activity-variation-retail-trade-argentina/
Instituto Nacional de Estadística y Censos (Argentina). (2021). Change in economic activity of the retail and trade sector in Argentina from January to August 2020. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1143228/economic-activity-variation-retail-trade-argentina/
Instituto Nacional de Estadística y Censos (Argentina). "Change in Economic Activity of The Retail and Trade Sector in Argentina from January to August 2020." Statista, Statista Inc., 21 Jul 2021, https://www.statista.com/statistics/1143228/economic-activity-variation-retail-trade-argentina/
Instituto Nacional de Estadística y Censos (Argentina), Change in economic activity of the retail and trade sector in Argentina from January to August 2020 Statista, https://www.statista.com/statistics/1143228/economic-activity-variation-retail-trade-argentina/ (last visited November 03, 2024)
Change in economic activity of the retail and trade sector in Argentina from January to August 2020 [Graph], Instituto Nacional de Estadística y Censos (Argentina), July 21, 2021. [Online]. Available: https://www.statista.com/statistics/1143228/economic-activity-variation-retail-trade-argentina/
