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Argentina's 2023 annual inflation was the highest in the world at 211.4%. [43] In January 2024, Argentina’s poverty rate reached 57.4%, the highest poverty rate in the country since 2004. [44] Because of Milei's policies, the monthly inflation rate dropped to 2.4% in December 2024, marking an end to Argentina's period of hyperinflation. [45]
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.
Over half of the population lived in poverty during the first half of 2024, though the poverty rate has begun to decline since spring, and the Argentine central bank doesn't have enough foreign ...
The 2024 Argentina protests are a significant wave of protests and riots in response to reforms introduced by President Javier Milei. Milei proposes reducing government ministries and addressing economic challenges through spending cuts and fiscal reforms, criticizing previous administrations for excessive spending. [ 1 ]
Argentina's mining sector could be forced to shut if the government does not remove barriers to importing key supplies, the country's CAEM mining chamber said on Wednesday. Falling international ...
Argentina's gross domestic product will grow at least 7% this year, Economy Minister Martin Guzman said on Tuesday, signaling a faster than previously expected recovery after three years of ...
July 12 – Argentina formally designates Hamas as a terrorist organisation. [20] July 14 – Argentina wins its 16th Copa America title following a 1-0 match against Colombia at the 2024 Copa América final held in Miami. [21] July 15 – An A-4AR Fightinghawk attack aircraft of the Argentine Air Force crashes in Villa Reynolds Airport, San ...
Argentina's new economy minister Silvina Batakis was sworn in on Monday and quickly moved to calm markets that slid after the shock resignation of her predecessor on fears his exit would spark a ...