inflationbattered argentina registered economic growth of 52 percent in 2022 slower than in 2021 but the first time in more than a decade the country has had two consecutive years of expansion official data showed thursday after gdp growth of 103 percent in 2021 last years 52 percent suggested a rebound in latin americas thirdlargest economy turning the page on a threeyear cycle or recession due in part to the covid19 pandemic provisional data by the national institute of statistics and census showed improvement in the hotel and restaurant sectors while agriculture took a battering amidst a prolonged drought chronic inflation which reached 948 percent in 2022 prevented the country from reaping some of the fruits of its economic growth argentina also has to remain fiscally disciplined as part of a loan refinancing agreement with the international monetary fund the imf has forecast growth of 20 percent for the south american country for 2023 above the projected regional average