Argentina Equity Market Index
1986 - 2026 | Monthly | 30Jun1986=0.01 | Buenos Aires Stock Exchange
Key information about Argentina S&P MERVAL
- Argentina S&P MERVAL closed at 3,199,554.0 points in Jan 2026, compared with 3,051,616.8 points at the previous month end
- Argentina Equity Market Index: Month End: BCBA: S&P MERVAL data is updated monthly, available from Jun 1986 to Jan 2026, with an average number of 1,800.6 points
- The data reached an all-time high of 3,199,554.0 points in Jan 2026 and a record low of 0.0 points in Nov 1986
Buenos Aires Stock Exchange provides daily data on several major stock market indices, but the Merval index is the one most closely monitored by analysts
View Argentina's Equity Market Index from Jun 1986 to Jan 2026 in the chart:
What was Argentina's Equity Market Index in Jan 2026?
Argentina S&P MERVAL closed at 3,199,554.0 points in Jan 2026, compared with 3,051,616.8 points at the previous month end See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 3,199,554.0 Jan 2026 | 3,051,616.8 Dec 2025 | 0.0 Nov 1986 | 3,199,554.0 Jan 2026 | 30Jun1986=0.01 | monthly | Jun 1986 - Jan 2026 |
Equity Market Index by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Algeria (02Jan2008=1000) | 3,832.6 Jan 2026 | monthly | Sep 1999 - Jan 2026 |
| Argentina (30Jun1986=0.01) | 3,199,554.0 Jan 2026 | monthly | Jun 1986 - Jan 2026 |
| Australia (01Jan1996=100) | 8,869.1 Jan 2026 | monthly | May 1992 - Jan 2026 |
| Austria (02Jan1991=1000) | 5,604.9 Jan 2026 | monthly | Jan 1991 - Jan 2026 |
| Bahrain (01Jul2004=1000) | 2,044.1 Jan 2026 | monthly | Jan 2003 - Jan 2026 |
| Bangladesh (17Jan2008=2951.91) | 4,865.3 Dec 2025 | monthly | Jan 2013 - Dec 2025 |
| Belarus (01Sep2005=100) | 17.1 Feb 2022 | monthly | Sep 2005 - Feb 2022 |
| Belgium (30Dec1990=1000) | 5,385.4 Jan 2026 | monthly | Dec 2000 - Jan 2026 |
| Bosnia and Herzegovina (31Dec2004=1000) | 1,511.4 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| Botswana (19Jun1989=100) | 11,082.9 Jan 2026 | monthly | Jan 2003 - Jan 2026 |
| Brazil (02Jan1968=100) | 181,363.9 Jan 2026 | monthly | Jan 1983 - Jan 2026 |
| Bulgaria (20Oct2000=100) | 1,374.9 Jan 2026 | monthly | Oct 2000 - Jan 2026 |
| Cambodia (18Apr2012=1000) | 423.1 Dec 2025 | monthly | Apr 2012 - Dec 2025 |
| Canada (31Dec1976=1000) | 31,923.5 Jan 2026 | monthly | May 2002 - Jan 2026 |
| Chile (30Dec2002=1000) | 11,420.1 Jan 2026 | monthly | Jan 2003 - Jan 2026 |
| China (31Dec2004=1000) | 4,706.3 Jan 2026 | monthly | Apr 2005 - Jan 2026 |
| Colombia (15Jan2008=1000) | 2,474.8 Jan 2026 | monthly | Dec 2007 - Jan 2026 |
| Croatia (01Jul1997=1000) | 3,985.9 Jan 2026 | monthly | Jan 1997 - Jan 2026 |
| Cyprus (03Sep2004=1000) | 300.3 Jan 2026 | monthly | Sep 2004 - Jan 2026 |
| Czech Republic (05Apr1994=1000) | 2,763.3 Jan 2026 | monthly | Jan 2000 - Jan 2026 |
| Denmark (03Jul1989=100) | 1,723.0 Jan 2026 | monthly | Jan 1994 - Jan 2026 |
| Ecuador (02Aug1993=1000) | 1,493.9 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| Egypt (01Jan1998=1000) | 47,785.9 Jan 2026 | monthly | Jan 1998 - Jan 2026 |
| Estonia (03Jun1996=100) | 2,089.4 Jan 2026 | monthly | Jan 2000 - Jan 2026 |
| European Union (31Dec1991=100) | 629.3 Jan 2026 | monthly | Dec 1986 - Jan 2026 |
| Finland (28Dec1990=1000) | 12,557.0 Jan 2026 | monthly | Jan 1996 - Jan 2026 |
| France (31Dec1987=1000) | 8,126.5 Jan 2026 | monthly | Dec 1987 - Jan 2026 |
| Georgia (31Aug2006=100) | 292.9 Jan 2026 | monthly | Aug 2006 - Jan 2026 |
| Germany (30Dec1987=1000) | 24,538.8 Jan 2026 | monthly | Oct 1959 - Jan 2026 |
| Ghana (31Dec2010=1000) | 9,006.5 Jan 2026 | monthly | Jan 2011 - Jan 2026 |
| Greece (31Dec1980=100) | 2,314.9 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| Hong Kong SAR, China (31Jul1964=100) | 25,858.9 Nov 2025 | monthly | Jul 1964 - Nov 2025 |
| Hungary (02Jan1991=1000) | 128,831.6 Jan 2026 | monthly | Apr 1997 - Jan 2026 |
| Iceland (31Dec1997=1000) | 2,291.4 Jan 2026 | monthly | Jan 2001 - Jan 2026 |
| India (1978-1979=100) | 85,220.6 Dec 2025 | monthly | Apr 1979 - Dec 2025 |
| Indonesia (10Aug1982=100) | 8,646.9 Dec 2025 | monthly | Apr 1983 - Dec 2025 |
| Iran (21Mar1998=1653.08) | 2,084,535.0 Sep 2023 | monthly | Sep 1997 - Sep 2023 |
| Ireland (04Jan1988=1000) | 13,147.8 Jan 2026 | monthly | Jan 1983 - Jan 2026 |
| Israel (31Dec1991=100) | 3,273.4 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| Italy (31Dec1997=24402) | 45,527.4 Jan 2026 | monthly | Sep 2003 - Jan 2026 |
| Ivory Coast (15Sep1998=100) | 364.9 Jan 2026 | monthly | Sep 1998 - Jan 2026 |
| Japan (16May1949=176.21) | 50,253.9 Nov 2025 | monthly | May 1949 - Nov 2025 |
| Jordan (Dec1999=1000) | 3,531.1 Jan 2026 | monthly | Dec 1999 - Jan 2026 |
| Kazakhstan (12Jul2000=100) | 7,702.6 Jan 2026 | monthly | Jul 2000 - Jan 2026 |
| Kenya (Jan1966=100) | 3,299.3 Jan 2026 | monthly | Jan 1996 - Jan 2026 |
| South Korea (04Jan1980=100) | 3,926.6 Nov 2025 | monthly | Jan 1976 - Nov 2025 |
| Kuwait (29Mar2018=1000) | 8,565.6 Jan 2026 | monthly | Apr 2018 - Jan 2026 |
| Kyrgyzstan (NA) | 6,317.6 Jan 2026 | monthly | Jan 2009 - Jan 2026 |
| Laos (11Jan2011=1000) | 1,311.7 Jan 2026 | monthly | Jan 2011 - Jan 2026 |
| Latvia (31Dec1999=100) | 925.6 Dec 2025 | monthly | Dec 1999 - Dec 2025 |
| Lebanon (Jan1996=100) | 4,636.0 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Lithuania (31Dec1999=100) | 1,337.8 Dec 2025 | monthly | Jan 2000 - Dec 2025 |
| Luxembourg (04Jan1999=1000) | 2.0 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| North Macedonia (30Dec2004=1000) | 9,971.7 Jan 2026 | monthly | Dec 2004 - Jan 2026 |
| Malawi (11Nov1996=100) | 588,918.9 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Malaysia (01Jan1977=100) | 1,604.5 Nov 2025 | monthly | Jan 1974 - Nov 2025 |
| Malta (27Dec1995=1000) | 3,773.3 Jan 2026 | monthly | Dec 1995 - Jan 2026 |
| Mauritius (05Jul1989=100) | 2,348.5 Jan 2026 | monthly | Nov 1997 - Jan 2026 |
| Mexico (30Oct1978=0.78) | 67,598.9 Jan 2026 | monthly | Jan 1981 - Jan 2026 |
| Moldova (2000=100) | 431.1 Mar 2015 | monthly | Jan 2010 - Mar 2015 |
| Mongolia (23Sep2009=7479.18) | 54,916.3 Jan 2026 | monthly | May 1998 - Jan 2026 |
| Montenegro (01Mar2003=1000) | 18,499.1 Jan 2026 | monthly | Mar 2003 - Jan 2026 |
| Morocco (31Dec1991=1000) | 18,667.0 Jan 2026 | monthly | Jan 1993 - Jan 2026 |
| Nepal (12Feb1994=100) | 2,714.1 Jan 2026 | monthly | Jul 2003 - Jan 2026 |
| Netherlands (03Jan1983=45.38) | 1,001.6 Jan 2026 | monthly | Nov 2002 - Jan 2026 |
| New Zealand (30Jun1986=1000) | 14,615.7 Jan 2026 | monthly | Aug 1996 - Jan 2026 |
| Nigeria (03Jan1984=100) | 165,370.4 Jan 2026 | monthly | Jan 1985 - Jan 2026 |
| Norway (29Dec1995=100) | 1,760.4 Jan 2026 | monthly | Aug 2001 - Jan 2026 |
| Oman (Jun2004=1000) | 6,330.3 Jan 2026 | monthly | Jan 2003 - Jan 2026 |
| Pakistan (01Nov1991=1000) | 166,677.7 Nov 2025 | monthly | Sep 1996 - Nov 2025 |
| Palestinian Territory (07Jul1997=100) | 630.1 Jan 2026 | monthly | May 1999 - Jan 2026 |
| Panama (Dec2002=100) | 630.5 Jan 2026 | monthly | Jan 1999 - Jan 2026 |
| Paraguay (Oct1993=100) | 1,170.7 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Peru (30Dec1991=100) | 34,937.7 Aug 2025 | monthly | Jan 1992 - Aug 2025 |
| Philippines (28Feb1990=1022) | 6,022.2 Nov 2025 | monthly | Jan 1987 - Nov 2025 |
| Poland (16Apr1994=1000) | 3,360.1 Jan 2026 | monthly | Dec 1996 - Jan 2026 |
| Portugal (31Dec1992=3000) | 8,662.2 Jan 2026 | monthly | Dec 1992 - Jan 2026 |
| Qatar (01Jan1998=1000) | 11,310.4 Jan 2026 | monthly | Oct 2003 - Jan 2026 |
| Romania (19Sep1997=1000) | 27,190.5 Jan 2026 | monthly | Sep 1997 - Jan 2026 |
| Russia (01Sep1995=100) | 1,157.5 Jan 2026 | monthly | Sep 1995 - Jan 2026 |
| Saudi Arabia (05Jan2017=5000) | 11,382.1 Jan 2026 | monthly | Jan 2007 - Jan 2026 |
| Serbia (01Oct2005=1000) | 1,279.2 Jan 2026 | monthly | Oct 2005 - Jan 2026 |
| Singapore (09Jan2008=3344.53) | 4,646.2 Dec 2025 | monthly | Jan 1985 - Dec 2025 |
| Slovakia (14Sep1993=100) | 295.9 Jan 2026 | monthly | Jul 1995 - Jan 2026 |
| Slovenia (31Mar2006=1000) | 2,789.3 Jan 2026 | monthly | Apr 2003 - Jan 2026 |
| South Africa (02Jan2002=100) | 75,534.4 Nov 2023 | monthly | Mar 2021 - Nov 2023 |
| Spain (31Dec1989=3000) | 17,589.7 Jan 2026 | monthly | Dec 1989 - Jan 2026 |
| Sri Lanka (1985=100) | 23,812.3 Jan 2026 | monthly | Jan 1987 - Jan 2026 |
| Sudan (Jun2004=1000) | 57,793.4 Mar 2023 | monthly | Sep 2009 - Mar 2023 |
| Sweden (31Dec1995=100) | 1,068.5 Jan 2026 | monthly | Jan 1996 - Jan 2026 |
| Switzerland (30Jun1988=1500) | 13,188.3 Jan 2026 | monthly | Jan 1988 - Jan 2026 |
| Syria (31Dec2009=1000) | 138,464.4 Jan 2026 | monthly | Dec 2009 - Jan 2026 |
| Taiwan, China (1966=100) | 27,626.5 Nov 2025 | monthly | Jan 1967 - Nov 2025 |
| Thailand (30Apr1975=100) | 1,325.6 Jan 2026 | monthly | Apr 1975 - Jan 2026 |
| Tunisia (31Dec1997=1000) | 14,353.5 Jan 2026 | monthly | Dec 1997 - Jan 2026 |
| Turkey (01Jan1986=1) | 116,524.8 Jun 2020 | monthly | Jan 1986 - Jun 2020 |
| Ukraine (01Oct1997=100) | 461.2 Dec 2025 | monthly | Nov 1997 - Dec 2025 |
| United Arab Emirates (31Dec2003=1000) | 6,435.4 Jan 2026 | monthly | Nov 2022 - Jan 2026 |
| United Kingdom (30Dec1983=100) | 10,223.5 Jan 2026 | monthly | Jan 1984 - Jan 2026 |
| United States (31Dec2002=5000) | 21,824.7 Nov 2025 | monthly | Dec 1965 - Nov 2025 |
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Learn more about what we doArgentina Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 0.3 Jun 2025 | quarterly | Dec 2004 - Jun 2025 |
| Consolidated Fiscal Balance (USD mn) | -2,275.026 Dec 2025 | monthly | Jan 1993 - Dec 2025 |
| Tax Revenue (USD mn) | 8,187.460 Jan 2026 | monthly | Jan 1997 - Jan 2026 |
| Tax Revenue: % of GDP (%) | 14.0 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| National Government Debt (USD mn) | 454,037.1 Sep 2025 | quarterly | Dec 1994 - Sep 2025 |
| Government Debt: % of GDP (%) | 73.3 Jun 2025 | quarterly | Dec 2004 - Jun 2025 |
| Forecast: Government Expenditure (ARS bn) | 527,411.583 2030 | yearly | 1993 - 2030 |
| Forecast: Government Net Debt (ARS bn) | 935,916.833 2030 | yearly | 1992 - 2030 |
| Forecast: Government Revenue (ARS bn) | 540,015.956 2030 | yearly | 1993 - 2030 |
| Government Revenue: Taxes: Net Vat (ARS mn) | 6,213,245.208 Jan 2026 | monthly | Jan 1997 - Jan 2026 |
| Government Revenue: Social Security (ARS mn) | 5,499,301.212 Jan 2026 | monthly | Jan 1997 - Jan 2026 |
| Public Debt: Medium & Long Term (USD mn) | 411,082.876 Sep 2025 | quarterly | Dec 1997 - Sep 2025 |
| NFPS 2017: Current Revenue (ARS mn) | 12,056,372.100 Dec 2025 | monthly | Jan 2015 - Dec 2025 |
| NFPS 2017: Current Expenditure (ARS mn) | 14,894,861.700 Dec 2025 | monthly | Jan 2015 - Dec 2025 |
| NFPS 2017: Capital Expenditure (ARS mn) | 464,310.900 Dec 2025 | monthly | Jan 2015 - Dec 2025 |
| NFPS 2017: Total Revenue (ARS mn) | 12,068,870.700 Dec 2025 | monthly | Jan 2015 - Dec 2025 |
| NFPS 2017: Total Expenditure (ARS mn) | 15,359,172.600 Dec 2025 | monthly | Jan 2015 - Dec 2025 |
| Non Financial Public Sector (NFPS) 2017: Total Balance (ARS mn) | -3,290,301.900 Dec 2025 | monthly | Jan 2015 - Dec 2025 |
| Government Revenue: Taxes (ARS mn) | 187,540.45 Jul 2018 | monthly | Jan 1997 - Jul 2018 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 4.933 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 1,257.7 Dec 2025 | monthly | Jan 1991 - Dec 2025 |
| Total Exports (USD mn) | 7,311.9 Dec 2025 | monthly | Jan 1991 - Dec 2025 |
| Total Exports Growth (%) | 9.3 Oct 2025 | monthly | Jan 1992 - Oct 2025 |
| Aluminum: Exports (USD th) | 2,077.905 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 468,925.080 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 58,673.181 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 6,054.2 Dec 2025 | monthly | Jan 1991 - Dec 2025 |
| Total Imports Growth (%) | 0.3 Dec 2025 | monthly | Jan 1992 - Dec 2025 |
| Imports: Medicament (USD th) | 1,250,723.052 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 1,428,643.832 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 832.795 Nov 2025 | monthly | Dec 1995 - Nov 2025 |
| Total Imports from USA (USD mn) | 467.196 Dec 2025 | monthly | Dec 1995 - Dec 2025 |
| Total Exports to China (USD mn) | 771.375 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Total Imports from China (USD mn) | 1,521.168 Dec 2025 | monthly | Apr 1983 - Dec 2025 |
| Exports: ytd: Asia: China (USD mn) | 8,934.872 Nov 2025 | monthly | Dec 2002 - Nov 2025 |
| Exports: ytd: America: United States (USD mn) | 7,241.790 Nov 2025 | monthly | Dec 2002 - Nov 2025 |
| Motor Vehicle Export (Unit) | 19,908.000 Dec 2025 | monthly | Jan 1996 - Dec 2025 |
| Imports: ytd: America: United States (USD mn) | 6,142.873 Nov 2025 | monthly | Dec 2002 - Nov 2025 |
| Imports: ytd: Asia: China (USD mn) | 17,940.826 Dec 2025 | monthly | Dec 2002 - Dec 2025 |
| Exports: fob: Primary Products: Cereals (USD mn) | 8,705.911 2023 | yearly | 1989 - 2023 |
| Exports: fob: Industrial: Transport Material (USD mn) | 8,350.345 2023 | yearly | 1989 - 2023 |
| Exports: fob: Agricultural: Residues & Waste from Food Industry (USD mn) | 9,022.071 2023 | yearly | 1989 - 2023 |
| Exports: fob: Industrial: Chemicals & Related Products (USD mn) | 4,286.131 2023 | yearly | 1989 - 2023 |
| Exports: fob: Agricultural: Fats and Oils (USD mn) | 5,821.010 2023 | yearly | 1989 - 2023 |
| Export Value Index (2015=100) | 137.248 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 104.950 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.2 Sep 2025 | monthly | Dec 2002 - Sep 2025 |
| Household Debt: % of GDP (%) | 6.6 Sep 2025 | quarterly | Dec 2004 - Sep 2025 |
| Money Supply M1 (USD mn) | 36,349.113 Nov 2025 | monthly | Jan 1990 - Nov 2025 |
| Money Supply M2 (USD mn) | 87,784.971 Nov 2025 | monthly | Jan 1990 - Nov 2025 |
| M2 Growth (%) | 38.7 Nov 2025 | monthly | Jan 1991 - Nov 2025 |
| Reserve Requirement Ratio (%) | 39.6 Jul 2025 | monthly | Apr 1985 - Jul 2025 |
| Foreign Exchange Reserves (USD mn) | 31,956.7 Dec 2025 | monthly | Dec 1956 - Dec 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 4.714 Sep 2025 | quarterly | Dec 2004 - Sep 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.3 Oct 2025 | monthly | Jan 1990 - Oct 2025 |
| Gold Reserves (USD mn) | 8,585.660 Dec 2025 | monthly | Dec 1956 - Dec 2025 |
| Total Deposits (USD mn) | 91,182.203 Jan 2026 | monthly | Jul 2002 - Jan 2026 |
| Total Deposits Growth (%) | 33.5 Jan 2026 | monthly | Jul 2003 - Jan 2026 |
| Domestic Credit (USD mn) | 219,921.8 Nov 2025 | monthly | Jan 1990 - Nov 2025 |
| Domestic Credit Growth (%) | 67.2 Nov 2025 | monthly | Jan 1991 - Nov 2025 |
| Credit to Households (USD bn) | 33.083 Jun 2025 | quarterly | Mar 1994 - Jun 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 153.388 Jun 2025 | quarterly | Mar 1990 - Jun 2025 |
| Household Debt (USD mn) | 37,711.9 Oct 2025 | monthly | Dec 1999 - Oct 2025 |
| Total Loans (USD mn) | 234,114.886 Nov 2025 | monthly | Jan 1990 - Nov 2025 |
| Total Loans Growth (%) | 57.92 Nov 2025 | monthly | Jan 1991 - Nov 2025 |
| Private Debt: % of Nominal GDP (%) | 13.08 Jun 2025 | quarterly | Dec 2004 - Jun 2025 |
| Money Supply: Month End: M2 (ARS th) | 127,419,884,988.000 Nov 2025 | monthly | Jan 1990 - Nov 2025 |
| Money Supply: Month End: M1 (ARS th) | 52,760,737,426.000 Nov 2025 | monthly | Jan 1990 - Nov 2025 |
| Money Supply: Month End: M3 (ARS th) | 212,079,938,265.000 Nov 2025 | monthly | Jan 1990 - Nov 2025 |
| Official Reserve Assets (ORA) (USD mn) | 41,094.280 Dec 2025 | monthly | Dec 1999 - Dec 2025 |
| ORA: Foreign Currency Reserves (FCR) (USD mn) | 31,956.690 Dec 2025 | monthly | Jul 2006 - Dec 2025 |
| ORA: Gold Incl Gold Deposits & Gold Swapped (USD mn) | 8,368.310 Nov 2025 | monthly | Dec 1999 - Nov 2025 |
| Deposits: ARS (ARS mn) | 131,940,647.194 Jan 2026 | monthly | Jul 2002 - Jan 2026 |
| Loans: ARS: Non Financial: Private: Mortgages (ARS mn) | 6,627,889.161 Jan 2026 | monthly | Jul 2002 - Jan 2026 |
| Loans (ARS mn) | 5,759,914.20 Jun 2018 | monthly | Jan 1990 - Jun 2018 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Geopolitical Risk Index (%) | 0.146 Jan 2026 | monthly | Jan 1985 - Jan 2026 |
More Indicators for Argentina
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