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Argentina: mining sector's growth of economic activity 2020

The economic activity of the mining and quarrying sector in Argentina decreased by more than 20 percent in April and May 2020, in comparison to the respective months of the previous year. The slowdown in economic activity in the sector in Argentina is largely associated with lockdown measures implemented in the country since March 20, in the face of the COVID-19 pandemic. In contrast, in February, the sector's economic activity reported an year-on-year growth of 3.5 percent.

Change in economic activity of the mining and quarrying sector in Argentina from January to May 2020

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Sources

Release date

July 2020

Region

Argentina

Survey time period

January to May 2020

Special properties

Year-on-year variation

Supplementary notes

Data prior to May 2020 was retrieved from previous reports.
According to the source, the sector considers the extraction of crude oil, gas, and its associated services, as well as extraction of non-ferrous metallic minerals. Further information about the methodology can be found here.

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