Source
Central bank

Central Bank of Argentina

International Reserves

USD 36.4 billion (2016)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 595.0 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 924.5 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
8.1% 9% 4.1% -5.9% 10.1% 6% -1%
2013 2014 2015* 2016* 2017*    
2.4% -2.5% 2.5% -1.8% 2.7%    

*Estimate

GDP per capita - current prices

USD 13,497.0 (2017, estimate)

GDP per capita - PPP

Intl$ 20,971.8 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
1.37% 0.88% 0.89% 0.89% 0.7%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 11.4% 
  • industry: 30.2% 
  • services: 58.4%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

0.6% (2014)

OECD, data retrieved January 2017

Inflation
2013 2014 2015 2016 2017*
10.6% N/A N/A N/A 23.2%

*Estimate

Unemployment rate
2013 2014 2015 2016* 2017*
7.1% 7.3% N/A 9.2% 8.5%

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
42.2% 43.6% 52.1% 51.8% 50.7%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-3% -4% -6.6% -7.1% -7.4%

*Estimate  

Government bond ratings

Standard & Poor's: B-

Moody's rating: B3

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
US$ 53.1 billion US$ 60.1 billion US$ 56.1 billion
Largest companies in Argentina

YPF, Grupo Galicia

 
 
Source
Current account balance

USD -19.3 billion (2017 estimate)

Current account balance by percentage of GDP

-3.2% (2017 estimate)

Exports as percent of GDP(Exports of goods and services)

11.1% (2015)

Shares in world total merchandising export

0.3% (2015)

Shares in world total commercial services export

0.3% (2015)

Total exports

USD 58.4 billion (2016 estimate)

Export commodities

Soybeans and derivatives, petroleum and gas, vehicles, corn, wheat

Total imports

USD 57.2 billion (2016 estimate)

 
 
Source
Import commodities

Machinery, motor vehicles, petroleum and natural gas, organic chemicals, plastics

Exports - major partners

Brazil 17%, China 8.6%, US 5.9% (2015)

Imports - major partners

Brazil 22.4%, US 16.3%, China 15.5%, Germany 5.1% (2015)

FDI inflows
2013 2014 2015
USD 9,822 million USD 5,065 million USD 11,655 million
FDI outflows
2013 2014 2015
USD 890 million USD 1,921 million USD 1,139 million
Value of cross-border M&A; by country of purchaser
2012 2013 2014 2015
USD 2753.9 million USD 99.2 million USD 61.2 million USD 509.2 million
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

Argentina, YPF SA, Argentina, USD 5.2 billion

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 116 out of 190 countries (2017)

Subcategories:

Starting a business: 157 out of 190 countries

Enforcing Contracts: 50 out of 190 countries

Registering Property: 114 out of 190 countries

Getting credit: 82 out of 190 countries

Protecting investors: 51 out of 190 countries

Trading across border: 111 out of 190 countries

Paying Taxes: 178 out of 190 countries

Dealing with Construction Permits: 173 out of 190 countries

Getting Electricity: 91 out of 190 countries

Resolving Insolvency: 98 out of 190 countries

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

104 out of 138 countries

(2016-2017)

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 169 / Score: 43.77 (Repressed) (2016)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC-3

Total area

2,780,400 sq km

Capital

Buenos Aires

Currency

Argentine pesos (ARS)

Government type

republic

Languages

Spanish (official), Italian, English, German, French, indigenous (Mapudungun, Quechua)

Religions

nominally Roman Catholic 92% (less than 20% practicing), Protestant 2%, Jewish 2%, other 4%

Total population
1990 2000 2010 2014* 2019**
32.274 million 35.923 million 40.117 million 41.961 million 44.384 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
73.6% 83% 89% 91%
Population median age

31.2 years (2014 est.)

Population growth rate

0.95% (2014 est.)

Life expectancy

77.51 years (2014 estimate)

Adult literacy

97.9% (2011 estimate)

% of population living on less than $2 a day

2.9% (2011)

Inequality of wealth distribution (Gini index)

43.6 (2011)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 2
Civil Liberties: 2 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed 23.3%  Mobile 159.0%
(2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

59.90% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Buenos Aires 86th (2014)

CO2 emissions(Metric tons of CO2 per capita)

4.5 (2010)

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