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With industrial production of USD $79.8 billion in 2023 (19% of GDP), Argentina is the third-largest industrial power in Latin America after Mexico and Brazil. [1] Argentina has a sophisticated industrial base that ranges from small and medium-sized enterprises to world-class facilities operated by domestic and multinational corporations.
In relation to other Latin American countries, Argentina has a moderate to low level of income inequality. Its Gini coefficient is of about 0.407 (2022). [197] The social gap is worst in the suburbs of the capital, where beneficiaries of the economic rebound live in gated communities, and many of the poor live in slums known as villas miserias ...
Argentina developed an agro-export model where they were highly dependent on the external sector, exporting commodities mostly to Western Europe.Much as colonial elites tried to emulate European styles, a wave of European investment and immigration so reshaped local culture and architecture in the late 19th and early 20th centuries (primarily in the Pampas area), that visitors often compared ...
The abrupt departure of Argentina's economy minister and lack of a clear successor could threaten to further destabilize an economy already shaken by sky-high inflation, rising energy costs and ...
Evolution of GDP growth. The economic history of Argentina is one of the most studied, owing to the "Argentine paradox". As a country, it had achieved advanced development in the early 20th century but experienced a reversal relative to other developed economies, which inspired an enormous wealth of literature and diverse analysis on the causes of this relative decline. [2]
BUENOS AIRES (Reuters) -Argentina will weaken its peso over 50% to 800 per dollar, cut energy subsidies, and cancel tenders of public works, new Economy Minister Luis Caputo said on Tuesday ...
This article includes a list of Argentine provinces by gross regional product, the value of all final goods and services produced within a nation in a given year, and other main indicators.
Marcelo J García, Buenos Aires-based director for the Americas at global consulting firm Horizon Engage, says Milei's decision to wield a chainsaw on the campaign trail as a sign of his approach ...