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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.
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 ...
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
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 ...
Please help update this article to reflect recent events or newly available information. ( April 2022 ) This article includes a list of Argentine provinces by gross regional product , the value of all final goods and services produced within a nation in a given year, and other main indicators.
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 ...
As of mid-2008 [needs update] Venezuela holds an estimated US$6 billion in Argentine debt. [148] In 2006, Argentina re-entered international debt markets selling US$500 million of its Bonar V five-year dollar denominated bonds, with a yield of 8.36%, mostly to foreign banks, and Moody's boosted Argentina's debt rating from B− to B. [149]