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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]
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 ...
2024 was a good year for travel but the prognosis for 2025 is even better. ... cargo volumes will rise by 5.8% from 2024. For the first time, total industry revenues will likely be over the ...
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 ...
The 2024 Argentina protests were a series of protests and riots in Argentina, lasting from January to June, 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]
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The automotive industry in Argentina is the third largest in Latin America, driving 3% of Argentina’s GDP, 10% of industrial production, and 10% of exports in 2023. [1] With a dozen global multinationals [ 2 ] and over 200 auto parts [ 3 ] companies operating in the country, Argentina's automotive sector is a sophisticated and technologically ...