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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). [198] 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 ...
A further one third were composed of processed agricultural products, such as animal feed, flour and vegetable oils. [4] The national governmental organization in charge of overseeing agriculture is the Secretariat of Agriculture, Cattle Farming, Fishing and Food ( Secretaría de Agricultura, Ganadería, Pesca y Alimentos , SAGPyA).
[6] Argentina did increase its international trade. Argentina is a member of the G20. The country is looking into the OECD to become an observer in the Pacific Alliance. At the beginning of 2019, economic growth slowed, producing forecasts of a recession. In April 2018, the Argentine peso depreciated with its value decreasing by 50% against the ...
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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.
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]
Argentina is a regional power, and retains its historic status as a middle power in international affairs. [21] [22] [23] A major non-NATO ally of the United States, [24] Argentina is a developing country with the second-highest HDI (human development index) in Latin America after Chile. [25]
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