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Argentina's 2023 annual inflation was the highest in the world at 211.4%. [42] In January 2024, Argentina’s poverty rate reached 57.4%, the highest poverty rate in the country since 2004. [43] 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. [44]
The inflation that has ravaged Argentina caused prices to soar by almost 300 percent in the past year. ... Over half of the population lived in poverty during the first half of 2024, though the ...
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.
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 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 ...
Activity levels are at all-time highs in Argentina's prime region for oil and gas production, but equipment and transport bottlenecks are limiting its growth, energy executives said on Thursday at ...
On 12 June 2024, Argentina's Senate passed Milei's reforms by a majority vote of 37–36. The package included "measures on privatization and tax breaks for investors". [5] Most of the protests took place in Buenos Aires, the capital and most populous city in Argentina. Riot police attempted to disperse the protestors and arrested 18.
According to the 2019 list, Brazil has the thirteenth most valuable industry in the world (US$173.6 billion), Venezuela the thirtieth largest (US$58.2 billion, however, it depends on oil to obtain this value), Argentina the 31st largest (US$57.7 billion), Colombia the 46th largest (US$35.4 billion), Peru the 50th largest (US$28.7 billion) and ...