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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 ...
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 2020, the EU imported services from Argentina worth 1.6 billion euros, while it exported services worth 3.5 billion euros. Argentina is also an important investment destination for European companies, particularly Spain. The stock of investments from the EU was 35.8 billion euros in 2020, making the EU, as a bloc, the top foreign investor in ...
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]
LONDON (Reuters) -Argentina plans to tap a $7.5 billion disbursement from the International Monetary Fund to repay China part of the money it borrowed through a currency swap line, two sources ...
In a move to help the government make current debt payments, Argentina's President Cristina Fernandez de Kirchner is proposing to "nationalize" the country's private pension system. Translation ...
Argentina was, in 2017, the 18th largest producer in the world, and the largest producer in Latin America, of natural gas, in addition to being the 28th largest oil producer; although the country has the Vaca Muerta field, which holds close to 16 billion barrels of technically recoverable shale oil, and is the second largest shale natural gas ...
Argentina's libertarian President Javier Milei laid out a bleak vision in his maiden speech a year ago amid an economic crisis. The crowd in front of Congress cheered his every word. A year later ...