Likewise, the fact that Mendoza and the rest of Argentine provinces share most of the macroeconomic variables (exchange rate, interest rate, etc.) makes the national economy to have a profound influence on the evolution of provincial economies resulting in some economic indicators of Mendoza showing a similar evolution to the nation’s.

Producto Bruto Geográfico.
Valor Agregado Bruto, Variación respecto al año anterior
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Producto Bruto Geográfico.
Valor Agregado Bruto y Tendencia
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The fall of economic activity levels was stopped when certain political and economic factors started to stabilize reducing uncertainty and improving consumer’s confidence.
As a consequence, depressed consumption levels began to increase and
The economy started to revive.
In the case of Argentina, the production gap during 2002 reached more than 20%. Therefore, any boost to aggregate demand allowed a strong recovery of economic activity.

Consequently, in 2003, based on a huge productive gap, excellent international conditions and more political stability, Argentina started an important process of economic revitalization observed in most of the provinces including Mendoza.

The high economic dependence of the province on the national economy has also been maintained for the last 10 years, since during the period 1993-2003, Argentine economic evolution asserted what happened to Mendoza's economic activity by 84%. So, during the early 90s, when Argentina showed high growth rates, Mendoza also grew together with the nation. The growth process stopped in the late 1998, and as from 1999, both Mendoza and Argentina were pushed into a long period of recession, ending up in the collapse of both economies in 2002, registering record falls. In 2003, both economies started to grow again, overcoming the recession cycle which started in 1998.