The natural gas rents in Argentina have experienced significant fluctuations from 2013 to 2023. The trend shows a strong decline from 2013 to 2017, followed by periods of brief recovery and further instability. The rent value peaked in 2013 at 0.56% of GDP, dropped drastically to 0.12% in 2016, and then increased again to 0.52% by 2023. Year-on-year variations in this period range from a significant decrease of approximately -53.9% in 2015 to an increase of 203.59% in 2018. The last 5 years have seen average annual growth at a CAGR of 5.42%.
Looking ahead to 2028, the natural gas rents are forecasted to steadily rise, reaching 0.57% of GDP with a CAGR of 1.27% and an overall forecasted five-year growth rate of 6.52%. Future trends to watch include the global energy market fluctuations, Argentina’s domestic energy policies, technological advancements in natural gas extraction, and any economic reforms that may influence GDP and natural gas production. Monitoring these factors will be critical for forecasting the stability and growth of natural gas rents in the coming years.
