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Decentralization and remote work seems to be the answer.
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
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
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 |
-5.3 % (2018 estimate)
14.4% (2018)
0.32% (2018)
0.24% (2018)
Soybeans and derivatives, petroleum and gas, vehicles, corn, wheat
Machinery, motor vehicles, petroleum and natural gas, organic chemicals, plastics
Brazil 16.1%, US 7.9%, China 7.5%, Chile 4.4% (2017)
Brazil 26.9%, China 18.5%, US 11.3%, Germany 4.9% (2017)
2016 | 2017 | 2018 |
USD 3,260 million | USD 11,517 million | USD 12,162 million |
2016 | 2017 | 2018 |
USD 1,787 million | USD 1,156 million | USD 1,911 million |
2015 | 2016 | 2017 | 2018 |
USD 509 million | USD 138 million | USD 540 million | USD -270 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:
126 out of 190 countries
Subcategories:
Starting a Business: 141 out of 190 countries
Dealing with Construction Permits: 155 out of 190 countries
Getting Electricity: 111 out of 190 countries
Registering Property: 123 out of 190 countries
Getting Credit: 104 out of 190 countries
Protecting Minority Investors: 61 out of 190 countries
Paying Taxes: 170 out of 190 countries
Trading across Borders: 119 out of 190 countries
Enforcing Contracts: 97 out of 190 countries
Resolving Insolvency: 111 out of 190 countries
83 out of 141 countries
(2019)
Ranking: 148 / Score: 52.2 (Mostly unfree)
(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 | 2015 | 2020* |
32.53 million | 36.78 million | 40.79 million | 43.13 million | 45.55 million |
*Estimate
1960 | 1980 | 2000 | 2018 |
73.6% | 82.9% | 89.1% | 91.9% |
Total population: 99.1%
Male: 99.1%
Female: 99.1%
Definition: age 15 and over can read and write (2016 est.)
2.4% (last available estimate, 2017)
41.2 (last available estimate, 2017)
(0=perfect equality, 100=absolute inequality)
Free
Political Rights: 2
Civil Liberties: 2 (2019)
(1 represents the most free, 7 the least free rating)
Fixed: 21.9%
Mobile: 132.1%
(2018)
(fixed-telephone subscribers and mobile-cellular subscribers)