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The economy of Argentina is the second-largest national economy in South America, behind Brazil. Argentina is a developing country with a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Argentina benefits from rich natural resources. However, its economic performance has historically been ...
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]
With industrial production of USD $79.8 billion in 2023 (19% of GDP), Argentina is the third-largest industrial power in Latin America after Mexico and Brazil. [1] Argentina has a sophisticated industrial base that ranges from small and medium-sized enterprises to world-class facilities operated by domestic and multinational corporations.
Argentina's gross domestic product (GDP) is expected to have shrunk 1.5% year-on-year in the final quarter of 2023, the third straight annualized contraction, hit by declines in virtually all ...
District Population [1] GDP (bil. US$) 2023 [1] a GDP per capita (US$) 2023 [1] a Agri culture b Mining b! Manufac turing b Services & cons truction b Exports (mil. US$) 2011 [2] Mean mo. salary 2017
Argentina's economy is essentially composed of competitive raw materials and services, so Lázzari, both economist and businessman, believes growth could really take off if the government can do ...
Argentina which is South America's second largest economy, boasts a rich history of industrialization and a well-developed agricultural sector. Despite economic challenges and very high inflation, Argentina uses its abundant natural resources and skilled workforce to drive economic growth and innovation.
In a bid to tamp down inflation Argentina's central bank has hiked the benchmark interest rate to 133%, which encourages saving in pesos, but hurts access to credit and economic growth. PESO ...