
Small Is Beautiful
Encouraged by government stimulus programs, banks are finding new ways to finance SMEs. Once the economy recovers, will the surge of interest recede?
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Argentina economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Argentina best banks and safest banks are also available.
Argentina’s new Peronist government must resolve the country’s economic crisis.
USD 65.8 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
USD 518.1 billion (2018, estimate)
Intl$ 915.1 billion (2018, estimate)
2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
9% | 4.1% | -5.9% | 10.1% | 6% | -1% | 2.4% |
2014 | 2015 | 2016 | 2017* | 2018* | ||
-2.5% | 2.7% | -2.1% | 2.7% | -2.5% |
*Estimate
USD 11,626.9 (2018, estimate)
1980 | 1990 | 2000 | 2010 | 2019* |
1.37% | 0.88% | 0.89% | 0.89% | 0.65% |
*Estimate
(2018 estimate)
0.5% (2016)
OECD, data retrieved October 2019
2015 | 2016 | 2017 | 2018* | 2019* |
N/A | N/A | 25.7% | 34.3% | 54.4% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
6.5% | 8.5% | 8.4% | 9.2% | 10.6% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
52.6% | 53.1% | 57.1% | 86.1% | 93.3% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
-6% | -6.7% | -6.7% | -5.2% | -4% |
*Estimate
Standard & Poor's: CCC-
Moody's rating: Caa2
Standard & Poor's / Moody's
2016 | 2017 | 2018 |
USD 63.6 billion | USD 108.7 billion | USD 46.0 billion |
-3.2% (2017 estimate)
11.1% (2015)
0.3% (2015)
0.3% (2015)
Soybeans and derivatives, petroleum and gas, vehicles, corn, wheat
Machinery, motor vehicles, petroleum and natural gas, organic chemicals, plastics
Brazil 17%, China 8.6%, US 5.9% (2015)
Brazil 22.4%, US 16.3%, China 15.5%, Germany 5.1% (2015)
2013 | 2014 | 2015 |
USD 9,822 million | USD 5,065 million | USD 11,655 million |
2013 | 2014 | 2015 |
USD 890 million | USD 1,921 million | USD 1,139 million |
2012 | 2013 | 2014 | 2015 |
USD 2753.9 million | USD 99.2 million | USD 61.2 million | USD 509.2 million |
Argentina, YPF SA, Argentina, USD 5.2 billion
(for a monthly update on M&A; click here )
N/A
(for a monthly update on M&A; click here )
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
104 out of 138 countries
(2016-2017)
Ranking: 169 / Score: 43.77 (Repressed) (2016)
(100=totally free 0=totally repressed)
Spanish (official), Italian, English, German, French, indigenous (Mapudungun, Quechua)
Nominally Roman Catholic 92% (less than 20% practicing), Protestant 2%, Jewish 2%, other 4%
1990 | 2000 | 2010 | 2016* | 2021* |
32.53 million | 36.784 million | 40.788 million | 43.6 million | 46.126 million |
*Estimate
1960 | 1980 | 2000 | 2015 |
74% | 83% | 89% | 92% |
Total population: 98.1%
Male: 98%
Female: 98.1% (2015 est.)
(age 10 and over can read and write)
1.7% (2014)
42.7 (2014)
(0=perfect equality, 100=absolute inequality)
Political Rights: 2
Civil Liberties: 2 (2017)
(1 represents the most free, 7 the least free rating)
Fixed 23.90% Mobile 146.70% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)