Have Milei's first six months improved the Argentine economy? - BBC
Jun 9, 2024 · And although official growth figures are not yet available for the period since Mr Milei took office on 10 December, there is evidence that Argentina's economy has contracted sharply,...
The worst economic crisis in decades puts Argentine ingenuity to …
Jul 24, 2024 · In the last five months, the official unemployment rate jumped two points to 7.7%, a figure that appears far lower than it really is, experts say, because Argentina’s underground economy accounts for some half of its gross domestic product. Rising joblessness and poverty have forced even more Argentines into the informal workforce.
Economy of Argentina - Wikipedia
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.
How Argentina went from one of the world's richest nations to …
Apr 10, 2023 · Argentina's economy hit 100 per cent inflation in February — the highest it's been in 32 years. But the crisis has done nothing to dampen Argentines' enthusiasm for spending.
Argentina Overview: Development news, research, data | World Bank
Oct 3, 2024 · With a Gross Domestic Product (GDP) of approximately US$640 billion, Argentina is one of the largest economies in Latin America. Argentina has vast natural resources in energy and agriculture.
Argentina Economy, Politics and GDP Growth Summary - The …
Inflationary pressures will remain high in the first half of 2024 following a maxi-devaluation of the peso in December 2023, sharp cuts to subsidies and an end to price controls. Domestic demand will also suffer from the government's front-loaded fiscal consolidation measures.
Key economic indicators of Argentina - statistics & facts
Sep 17, 2024 · Argentina is considered a developing nation of upper-middle income. It is the third largest economy in Latin America and, as its membership in the G20 and prospective accession to the OECD...
Argentina reports its first single-digit inflation in 6 months as ...
May 14, 2024 · Prices rose at a rate of 8.8% last month, the Argentine government statistics agency reported, down from a monthly rate of 11% in March and well below a peak of 25% last December, when Milei became president with a mission to combat Argentina’s dizzying inflation, among the highest in the world.
Argentina Economy Posts Best Month Under Milei Despite Cuts
Jul 18, 2024 · Argentina’s economy recorded its best month in May since President Javier Milei took office late last year as investors look for signs of recovery from another recession. Economic activity...
Argentina | OECD Economic Outlook, Volume 2022 Issue 2
The economy is projected to contract in the third and fourth quarters of 2022, but annual 2022 GDP growth will nonetheless reach 4.4%, before slowing to 0.5% in 2023, and then recovering to 1.8% in 2024.