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South America
Page last updated: July 24, 2024
In 1816, the United Provinces of the Río de la Plata declared their independence from Spain. After Bolivia, Paraguay, and Uruguay went their separate ways, the area that remained became Argentina. European immigrants heavily shaped the country's population and culture, with Italy and Spain providing the largest percentage of newcomers from 1860 to 1930. Until about the mid-20th century, much of Argentina's history was dominated by periods of internal political unrest and conflict between civilian and military factions.
After World War II, former President Juan Domingo PERÓN -- the founder of the Peronist political movement -- introduced an era of populism, serving three non-consecutive terms in office until his death in 1974. Direct and indirect military interference in government throughout the PERÓN years led to a military junta taking power in 1976. In 1982, the junta failed in its bid to seize the Falkland Islands (Islas Malvinas) by force from the United Kingdom. Democracy was reinstated in 1983 and has persisted despite numerous challenges, the most formidable of which was a severe economic crisis in 2001-02 that led to violent public protests and the successive resignations of several presidents. The years 2003-15 saw Peronist rule by Néstor KIRCHNER (2003-07) and his spouse Cristina FERNÁNDEZ DE KIRCHNER (2007-15), who oversaw several years of strong economic growth (2003-11) followed by a gradual deterioration in the government’s fiscal situation and eventual economic stagnation and isolation. Argentina underwent a brief period of economic reform and international reintegration under Mauricio MACRI (2015-19), but a recession in 2018-19 and frustration with MACRI’s economic policies ushered in a new Peronist government in 2019 led by President Alberto FERNÁNDEZ and Vice President Cristina FERNÁNDEZ DE KIRCHNER. Argentina's high public debts, its pandemic-related inflationary pressures, and systemic monetary woes served as the catalyst for the 2023 elections, culminating with President Javier MILEI's electoral success. Argentina has since eliminated half of its government agencies and is seeking shock therapy to amend taxation and monetary policies.
Southern South America, bordering the South Atlantic Ocean, between Chile and Uruguay
34 00 S, 64 00 W
South America
Total : 2,780,400 km²
Land: 2,736,690 km²
Water: 43,710 km²
Slightly less than three-tenths the size of the US
Area comparison map:
Total: 11,968 km
Border countries (5): Bolivia 942 km; Brazil 1,263 km; Chile 6,691 km; Paraguay 2,531 km; Uruguay 541 km
4,989 km
Territorial sea: 12 nm
Contiguous zone: 24 nm
Exclusive economic zone: 200 nm
Continental shelf: 200 nm or to the edge of the continental margin
Mostly temperate; arid in southeast; subantarctic in southwest
Rich plains of the Pampas in northern half, flat to rolling plateau of Patagonia in south, rugged Andes along western border
Highest point: Cerro Aconcagua (located in the northwestern corner of the province of Mendoza; highest point in South America) 6,962 m
Lowest point: Laguna del Carbón (located between Puerto San Julián and Comandante Luis Piedra Buena in the province of Santa Cruz) -105 m
Mean elevation: 595 m
Fertile plains of the pampas, lead, zinc, tin, copper, iron ore, manganese, petroleum, uranium, arable land
Agricultural land: 53.9% (2018 est.)
Arable land: 13.9% (2018 est.)
Permanent crops: 0.4% (2018 est.)
Permanent pasture: 39.6% (2018 est.)
Forest: 10.7% (2018 est.)
Other: 35.4% (2018 est.)
23,600 km² (2012)
Fresh water lake(s): Lago Buenos Aires (shared with Chile) - 2,240 km²; Lago Argentino - 1,410 km²; Lago Viedma - 1,090 km²; Lago San Martín (shared with Chile) - 1,010 km²; Lago Colhué Huapi - 800 km²; Lago Fagnano (shared with Chile) - 590 km²; Lago Nahuel Huapi - 550 km²
Salt water lake(s): Laguna Mar Chiquita - 1,850 km²;
Río de la Plata/Paraná river mouth (shared with Brazil [s], Paraguay, and Uruguay) - 4,880 km; Paraguay (shared with Brazil [s], and Paraguay [m]) - 2,549 km; Uruguay (shared with Brazil [s] and Uruguay [m]) - 1,610 km
Note – [s] after country name indicates river source; [m] after country name indicates river mouth
Atlantic Ocean drainage: Paraná (2,582,704 km²)
Guaraní Aquifer System
One-third of the population lives in Buenos Aires; pockets of agglomeration occur throughout the northern and central parts of the country; Patagonia to the south remains sparsely populated
San Miguel de Tucumán and Mendoza areas in the Andes subject to earthquakes; pamperos are violent windstorms that can strike the pampas and northeast; heavy flooding in some areas
Volcanism: volcanic activity in the Andes Mountains along the Chilean border; Copahue (2,997 m) last erupted in 2000; other historically active volcanoes include Llullaillaco, Maipo, Planchón-Peteroa, San José, Tromen, Tupungatito, and Viedma
Note 1: second-largest country in South America (after Brazil); strategic location relative to sea lanes between the South Atlantic and the South Pacific Oceans (Strait of Magellan, Beagle Channel, Drake Passage); diverse geophysical landscapes range from tropical climates in the north to tundra in the far south; Cerro Aconcagua is the Western Hemisphere's tallest mountain, while Laguna del Carbón is the lowest point in the Western Hemisphere; shares Iguazú Falls, the world's largest waterfalls system, with Brazil
Note 2: southeast Bolivia and northwest Argentina seem to be the original development site for peanuts
Total: 46,994,384
Male: 23,274,794
Female: 23,719,590 (2024 est.)
Comparison rankings: female 33; male 33; total 34
Noun: Argentine(s)
Adjective: Argentine
European (mostly Spanish and Italian descent) and Mestizo (mixed European and Indigenous ancestry) 97.2%, Indigenous 2.4%, African descent 0.4% (2010 est.)
Spanish (official), Italian, English, German, French, indigenous (Quechua, Guarani, Mapudungun)
Major-language sample(s):
La Libreta Informativa del Mundo, la fuente indispensable de información básica. (Spanish)
The World Factbook, the indispensable source for basic information.
Roman Catholic 62.9%, Evangelical 15.3% (Pentecostal 13%, other Evangelical 2.3%), Jehovah's Witness and Church of Jesus Christ 1.4%, other 1.2% (includes Muslim, Jewish), none 18.9% (includes agnostic and atheist), unspecified 0.3% (2019 est.)
Argentina's population continues to grow but at a slower rate because of its steadily declining birth rate. Argentina's fertility decline began earlier than in the rest of Latin America, occurring most rapidly between the early 20th century and the 1950s, and then becoming more gradual. Life expectancy has been improving, most notably among the young and the poor. While the population under age 15 is shrinking, the youth cohort - ages 15-24 - is the largest in Argentina's history and will continue to bolster the working-age population. If this large working-age population is well-educated and gainfully employed, Argentina is likely to experience an economic boost and possibly higher per capita savings and investment. Although literacy and primary school enrollment are nearly universal, grade repetition is problematic and secondary school completion is low. Both of these issues vary widely by region and socioeconomic group.
Argentina has been primarily a country of immigration for most of its history, welcoming European immigrants (often providing needed low-skilled labor) after its independence in the 19th century and attracting especially large numbers from Spain and Italy. More than 7 million European immigrants are estimated to have arrived in Argentina between 1880 and 1930, when it adopted a more restrictive immigration policy. European immigration also began to wane in the 1930s because of the global depression. The inflow rebounded temporarily following WWII and resumed its decline in the 1950s when Argentina's military dictators tightened immigration rules and European economies rebounded. Regional migration increased, however, supplying low-skilled workers escaping economic and political instability in their home countries. As of 2015, immigrants made up almost 5% of Argentina's population, the largest share in South America. Migration from neighboring countries accounted for approximately 80% of Argentina's immigrant population in 2015.
The first waves of highly skilled Argentine emigrant workers headed mainly to the United States and Spain in the 1960s and 1970s, driven by economic decline and repressive military dictatorships. The 2008 European economic crisis drove the return migration of some Argentinean and other Latin American nationals, as well as the immigration of Europeans to South America, where Argentina was a key recipient. In 2015, Argentina received the highest number of legal migrants in Latin America and the Caribbean. The majority of its migrant inflow came from Paraguay and Bolivia.
0-14 years: 23.3% (male 5,632,983/female 5,301,778)
15-64 years: 63.9% (male 15,071,215/female 14,956,069)
65 years and over: 12.8% (2024 est.) (male 2,570,596/female 3,461,743)
2023 population pyramid:
Total dependency ratio: 54.3
Youth dependency ratio: 36
Elderly dependency ratio: 18.2
Potential support ratio: 5.5 (2021 est.)
Total: 33.3 years (2024 est.)
Male: 32.1 years
Female: 34.6 years
0.79% (2024 est.)
15.2 births/1,000 population (2024 est.)
7.3 deaths/1,000 population (2024 est.)
-0.1 migrant(s)/1,000 population (2024 est.)
One-third of the population lives in Buenos Aires; pockets of agglomeration occur throughout the northern and central parts of the country; Patagonia to the south remains sparsely populated
Urban population: 92.5% of total population (2023)
Rate of urbanization: 0.97% annual rate of change (2020-25 est.)
Total population growth rate v. urban population growth rate, 2000-2030
15.490 million BUENOS AIRES (capital), 1.612 million Córdoba, 1.594 million Rosario, 1.226 million Mendoza, 1.027 million San Miguel de Tucumán, 914,000 La Plata (2023)
At birth: 1.07 male(s)/female
0-14 years: 1.06 male(s)/female
15-64 years: 1.01 male(s)/female
65 years and over: 0.74 male(s)/female
Total population: 0.98 male(s)/female (2024 est.)
45 deaths/100,000 live births (2020 est.)
Total: 9 deaths/1,000 live births (2024 est.)
Male: 9.9 deaths/1,000 live births
Female: 7.9 deaths/1,000 live births
Total population: 78.8 years (2024 est.)
Male: 75.8 years
Female: 82 years
2.15 children born/woman (2024 est.)
1.04 (2024 est.)
70.1% (2019/20)
Improved: urban: 99.8% of population
Rural: NA
Total: NA
Unimproved: urban: 0.2% of population
Rural: NA
Total: (2020 est.) NA
10% of GDP (2020)
4.06 physicians/1,000 population (2020)
5 beds/1,000 population (2017)
Improved: urban: 100% of population
Rural: NA
Total: NA
Unimproved: rural: NA
Total: (2020 est.) NA
28.3% (2016)
Total: 7.95 liters of pure alcohol (2019 est.)
Beer: 3.62 liters of pure alcohol (2019 est.)
Wine: 2.88 liters of pure alcohol (2019 est.)
Spirits: 0.72 liters of pure alcohol (2019 est.)
Other alcohols: 0.72 liters of pure alcohol (2019 est.)
Total: 24.5% (2020 est.)
Male: 29.4% (2020 est.)
Female: 19.6% (2020 est.)
1.7% (2018/19)
48.9% (2023 est.)
Women married by age 15: 2.4%
Women married by age 18: 15.5% (2020 est.)
5% of GDP (2020 est.)
Definition: age 15 and over can read and write
Total population: 99%
Male: 98.9%
Female: 99.1% (2018)
Total: 18 years
Male: 17 years
Female: 20 years (2020)
Environmental problems (urban and rural) typical of an industrializing economy such as deforestation, soil degradation (erosion, salinization), desertification, air pollution, and water pollution
Party to: Antarctic-Environmental Protection, Antarctic-Marine Living Resources, Antarctic Seals, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Climate Change-Paris Agreement, Comprehensive Nuclear Test Ban, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping-London Convention, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Wetlands, Whaling
Signed, but not ratified: Marine Dumping-London Protocol, Marine Life Conservation
Mostly temperate; arid in southeast; subantarctic in southwest
Agricultural land: 53.9% (2018 est.)
Arable land: 13.9% (2018 est.)
Permanent crops: 0.4% (2018 est.)
Permanent pasture: 39.6% (2018 est.)
Forest: 10.7% (2018 est.)
Other: 35.4% (2018 est.)
Urban population: 92.5% of total population (2023)
Rate of urbanization: 0.97% annual rate of change (2020-25 est.)
Total population growth rate v. urban population growth rate, 2000-2030
0.09% of GDP (2018 est.)
0% of GDP (2018 est.)
Particulate matter emissions: 12.04 micrograms per cubic meter (2019 est.)
Carbon dioxide emissions: 201.35 megatons (2016 est.)
Methane emissions: 120.66 megatons (2020 est.)
Municipal solid waste generated annually: 17,910,550 tons (2014 est.)
Municipal solid waste recycled annually: 1,074,633 tons (2010 est.)
Percent of municipal solid waste recycled: 6% (2010 est.)
Fresh water lake(s): Lago Buenos Aires (shared with Chile) - 2,240 km²; Lago Argentino - 1,410 km²; Lago Viedma - 1,090 km²; Lago San Martín (shared with Chile) - 1,010 km²; Lago Colhué Huapi - 800 km²; Lago Fagnano (shared with Chile) - 590 km²; Lago Nahuel Huapi - 550 km²
Salt water lake(s): Laguna Mar Chiquita - 1,850 km²;
Río de la Plata/Paraná river mouth (shared with Brazil [s], Paraguay, and Uruguay) - 4,880 km; Paraguay (shared with Brazil [s], and Paraguay [m]) - 2,549 km; Uruguay (shared with Brazil [s] and Uruguay [m]) - 1,610 km
Note – [s] after country name indicates river source; [m] after country name indicates river mouth
Atlantic Ocean drainage: Paraná (2,582,704 km²)
Guaraní Aquifer System
Municipal: 5.85 billion cubic meters (2020 est.)
Industrial: 4 billion cubic meters (2020 est.)
Agricultural: 27.93 billion cubic meters (2020 est.)
876.24 billion cubic meters (2020 est.)
Conventional long form: Argentine Republic
Conventional short form: Argentina
Local long form: República Argentina
Local short form: Argentina
Etymology: originally the area was referred to as Tierra Argentina, i.e., "Land beside the Silvery River" or "silvery land," which referred to the massive estuary in the east of the country, the Río de la Plata (River of Silver); over time the name shortened to simply Argentina or "silvery"
Presidential republic
Name: Buenos Aires
Geographic coordinates: 34 36 S, 58 22 W
Time difference: UTC-3 (2 hours ahead of Washington, DC, during Standard Time)
Etymology: the name translates as "fair winds" in Spanish and derives from the original designation of the settlement that would become the present-day city, "Santa Maria del Buen Aire" (Saint Mary of the Fair Winds)
23 provinces (provincias, singular - provincia) and 1 autonomous city*; Buenos Aires, Catamarca, Chaco, Chubut, Ciudad Autonoma de Buenos Aires*, Cordoba, Corrientes, Entre Rios, Formosa, Jujuy, La Pampa, La Rioja, Mendoza, Misiones, Neuquen, Rio Negro, Salta, San Juan, San Luis, Santa Cruz, Santa Fe, Santiago del Estero, Tierra del Fuego - Antartida e Islas del Atlantico Sur (Tierra del Fuego - Antarctica and the South Atlantic Islands), Tucuman
Note: the US does not recognize any claims to Antarctica
9 July 1816 (from Spain)
Revolution Day (May Revolution Day), 25 May (1810)
History: several previous; latest effective 11 May 1853
Amendments: a declaration of proposed amendments requires two-thirds majority vote by both houses of the National Congress followed by approval by an ad hoc, multi-member constitutional convention; amended several times, last significant amendment in 1994
Civil law system based on West European legal systems; note - in mid-2015, Argentina adopted a new civil code, replacing the old one in force since 1871
Has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction
Citizenship by birth: yes
Citizenship by descent only: yes
Dual citizenship recognized: yes
Residency requirement for naturalization: 2 years
18-70 years of age; universal and compulsory; 16-17 years of age - optional for national elections
Chief of state: President Javier Gerardo MILEI (since 10 December 2023)
Head of government: President Javier Gerardo MILEI (since 10 December 2023)
Cabinet: Cabinet appointed by the president
Elections/appointments: president and vice president directly elected on the same ballot by qualified majority vote (to win, a candidate must receive at least 45% of votes or 40% of votes and a 10-point lead over the second place candidate; if neither occurs, a second round is held ); the president serves a 4-year term (eligible for a second consecutive term); election last held on 22 October 2023 with a runoff held 19 November 2023 (next to be held in October 2027)
Election results:
2023: Javier Gerardo MILEI elected president in second round; percent vote in first round - Sergio Tomás MASSA (FR) 36.7%, Javier Gerardo MILEI (PL) 30%, Patricia BULLRICH 23.8% (JxC/PRO), Juan SCHIARETTI (PJ) 6.8%, Myriam BREGMAN (PTS) 2.7%; percent of vote in second round - Javier Gerardo MILEI 55.7%, Sergio Tomás MASSA 44.3%
2019: Alberto Ángel FERNÁNDEZ elected president; percent of vote - Alberto Angel FERNÁNDEZ (TODOS) 48.1%, Mauricio MACRI (PRO) 40.4%, Roberto LAVAGNA (independent) 6.2%, other 5.3%
Description: bicameral National Congress or Congreso Nacional consists of:
Senate or Senado (72 seats; members directly elected from 24 provincial districts by closed-list proportional representation vote; 2 seats per district awarded to the party with the most votes and 1 seat per district to the party with the second highest votes; members serve 6-year terms with one-third of the membership renewed every 2 years)
Chamber of Deputies or Cámara de Diputados (257 seats; members directly elected in multi-seat constituencies by closed-list proportional representation vote; members serve 4-year terms with one-half of the membership renewed every 2 years)
Elections: Senate - last held on 22 October 2023 (next to be held in October 2025)
Chamber of Deputies - last held on 22 October 2023 (next to be held in October 2025)
Election results:
Senate - percent of vote by party/coalition - NA; seats by party/coalition - UP 12, LLA 8, JxC 2, other 2; composition - men 39, women 33, percentage women 45.8%
Chamber of Deputies - percent of vote by party/coalition - NA; seats by party/coalition - UP 58, LLA 35, JxC 31, NHP 4, other 2; composition - men 148, women 109, percentage women 42.4%; total National Congress percentage women 43.2%
Highest court(s): Supreme Court or Corte Suprema (consists of the court president, vice president, 2 judges, 1 vacancy)
Judge selection and term of office: judges nominated by the president and approved by the Senate; ministers can serve until mandatory retirement at age 75; extensions beyond 75 require renomination by the president and approval by the Senate
Subordinate courts: federal level appellate, district, and territorial courts; provincial level supreme, appellate, and first instance courts
Avanza Libertad or AL [José Luis ESPERT]
Civic Coalition ARI or CC-ARI [Elisa CARRIÓ, Maximiliano FERRARO]
Consenso Federal (Federal Consensus) or CF [Roberto LAVAGNA, Juan Manuel URTUBEY]
Frente Cívico por Santiago (Civic Front for Santiago) [Gerardo ZAMORA]
Frente de Izquierda y de los Trabajadores – Unidad (Workers' Left Front) or FIT-U [Nicolás DEL CAÑO, Miriam BREGMAN] (coalition of leftist parties in lower house; includes PTS, PO, and MST)
Frente de la Concordia Misionero (Front for the Renewal of Social Concord) or FRCS [Carlos Eduardo ROVIRA]
Frente Renovador (Renewal Front) or FR [Sergio MASSA, Pablo MIROLO]
Generación por un Encuentro Nacional (Generation for a National Encounter) or GEN [Margarita STOLBIZER]
Hacemos por Córdoba (We do for Cordoba) or HC [Juan SCHIARETTI]
Hacemos por Nuestro Pais (We Do For Our Country) or NHP [Juan SCHIARETTI]
Juntos por el Cambio (Together for Change) or JxC [Patricia BULLRICH, Horacio Rodríguez LARRETA, Mauricio MACRI] (includes CC-ARI, PRO, and UCR); note - primary opposition coalition since 2019
Juntos Somos Río Negro (Together We Are Rio Negro) or JSRN [Alberto WERETILNECK]
Partido Justicialista (Justicialist Party) or PJ [Alberto Angel FERNÁNDEZ]
La Cámpora [Maximo KIRCHNER]
La Libertad Avanza (The Liberty Advances) or LLA [Javier MILEI]
Movimiento Popular Neuquino (Neuquén People's Movement) or MPN [Omar GUTIÉRREZ]
Movimiento Socialista de los Trabajadores (Workers' Socialist Movement) or MST [Vilma RIPOLL, Alejandro BODART]
Partido de los Trabajadores Socialistas (Socialist Workers' Party) or PTS [Nicolás DEL CAÑO]
Partido Demócrata (Democratic Party) or PDN [Victoria VILLARRUEL]
Partido Libertario (Libertarian Party) or PL [Javier MILEI]; note - party is also a founding member of the coalition La Libertad Avanza, which is also led by MILEI
Partido Obrero (Workers' Party) or PO [Gabriel SOLANO]
Partido Socialista or PS [Mónica Haydée FEIN]
Propuesta Republicana (Republican Proposal) or PRO [Mauricio MACRI]
Unidad Federal (coalition of provencial parties in the lower house; includes FRCS and JSRN)
Unión Cívica Radical (Radical Civic Union) or UCR [Gerardo Rubén MORALES]
Unión por la Patria (Union for the Homeland) or UP (formerly Frente de Todos (Everyone's Front) or FdT) [Alberto FERNÁNDEZ, Cristina FERNÁNDEZ DE KIRCHNER] (includes FR, La Cámpora, and PJ); note - ruling coalition since 2019; includes several national and provincial Peronist political parties
Vamos con Vos (Let's Go with You) or VcV [Florencio RANDAZZO]
AfDB (nonregional member), Australia Group, BCIE, BIS, CAN (associate), CD, CABEI, CELAC, FAO, FATF, G-15, G-20, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAES, LAIA, Mercosur, MIGA, MINURSO, MINUSTAH, NAM (observer), NSG, OAS, OPANAL, OPCW, Paris Club (associate), PCA, PROSUR, SICA (observer), UN, UNASUR, UNCTAD, UNDOF, UNESCO, UNFICYP, UNHCR, UNHRC, UNIDO, Union Latina (observer), UNOOSA, UNTSO, UNWTO, UPU, Wassenaar Arrangement, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO, ZC
Three equal horizontal bands of sky blue (top), white, and sky blue; centered in the white band is a radiant yellow sun with a human face (delineated in brown) known as the Sun of May; the colors represent the clear skies and snow of the Andes; the sun symbol commemorates the appearance of the sun through cloudy skies on 25 May 1810 during the first mass demonstration in favor of independence; the sun features are those of Inti, the Inca god of the sun
Sun of May (a sun-with-face symbol); national colors: sky blue, white
Name: "Himno Nacional Argentino" (Argentine National Anthem)
Lyrics/music: Vicente LOPEZ y PLANES/Jose Blas PARERA
Note: adopted 1813; Vicente LOPEZ was inspired to write the anthem after watching a play about the 1810 May Revolution against Spain
Total World Heritage Sites: 12 (7 cultural, 5 natural)
Selected World Heritage Site locales: Los Glaciares National Park (n); Jesuit Missions of the Guaranis (c); Iguazú National Park (n); Cueva de las Manos (c); Valdés Península (n); Ischigualasto/Talampaya National Parks (n); Jesuit Block and Estancias of Córdoba (c); Quebrada de Humahuaca (c); Qhapaq Ñan/Andean Road System (c)
Large diversified economy; financial risks from debt obligations, rapid inflation, and reduced investor appetites; resource-rich, export-led growth model; increasing trade relations with China; G20 and OAS leader; tendency to nationalize businesses and under-report inflation
$1.235 trillion (2023 est.)
$1.254 trillion (2022 est.)
$1.195 trillion (2021 est.)
Note: data in 2021 dollars
-1.55% (2023 est.)
4.96% (2022 est.)
10.72% (2021 est.)
Note: annual GDP % growth based on constant local currency
$26,500 (2023 est.)
$27,100 (2022 est.)
$26,100 (2021 est.)
Note: data in 2021 dollars
$640.591 billion (2023 est.)
Note: data in current dollars at official exchange rate
25.7% (2017 est.)
26.5% (2016 est.)
Note: data are derived from private estimates
Fitch rating: CCC (2020)
Moody's rating: Ca (2020)
Standard & Poors rating: CCC+ (2020)
Note: The year refers to the year in which the current credit rating was first obtained.
Agriculture: 10.8% (2017 est.)
Industry: 28.1% (2017 est.)
Services: 61.1% (2017 est.)
Comparison rankings: services 114; industry 94; agriculture 86
Household consumption: 65.9% (2017 est.)
Government consumption: 18.2% (2017 est.)
Investment in fixed capital: 14.8% (2017 est.)
Investment in inventories: 3.7% (2017 est.)
Exports of goods and services: 11.2% (2017 est.)
Imports of goods and services: -13.8% (2017 est.)
Maize, soybeans, wheat, sugarcane, milk, barley, sunflower seeds, beef, sorghum, chicken (2022)
Note: top ten agricultural products based on tonnage
Food processing, motor vehicles, consumer durables, textiles, chemicals and petrochemicals, printing, metallurgy, steel
-0.35% (2023 est.)
Note: annual % change in industrial value added based on constant local currency
21.906 million (2023 est.)
Note: number of people ages 15 or older who are employed or seeking work
6.18% (2023 est.)
6.81% (2022 est.)
8.74% (2021 est.)
Note: % of labor force seeking employment
Total: 29.9% (2021 est.)
Male: 25%
Female: 37.1%
39.2% (2022 est.)
Note: % of population with income below national poverty line
40.7 (2022 est.)
Note: index (0-100) of income distribution; higher values represent greater inequality
On food: 23.2% of household expenditures (2021 est.)
On alcohol and tobacco: 1.9% of household expenditures (2021 est.)
Lowest 10%: 2% (2022 est.)
Highest 10%: 29.8% (2022 est.)
Note: % share of income accruing to lowest and highest 10% of population
0.25% of GDP (2023 est.)
0.2% of GDP (2022 est.)
0.18% of GDP (2021 est.)
Note: personal transfers and compensation between resident and non-resident individuals/households/entities
Revenues: $150.823 billion (2019 est.)
Expenditures: $170.725 billion (2019 est.)
-6% (of GDP) (2017 est.)
57.6% of GDP (2017 est.)
55% of GDP (2016 est.)
11.15% (of GDP) (2022 est.)
Note: central government tax revenue as a % of GDP
-$21.494 billion (2023 est.)
-$4.29 billion (2022 est.)
$6.645 billion (2021 est.)
Note: balance of payments - net trade and primary/secondary income in current dollars
$83.359 billion (2023 est.)
$103.002 billion (2022 est.)
$87.486 billion (2021 est.)
Note: balance of payments - exports of goods and services in current dollars
Brazil 15%, China 9%, US 8%, Chile 6%, India 5% (2022)
Note: top five export partners based on percentage share of exports
Soybean meal, corn, soybean oil, wheat, trucks (2022)
Note: top five export commodities based on value in dollars
$92.574 billion (2023 est.)
$97.558 billion (2022 est.)
$72.392 billion (2021 est.)
Note: balance of payments - imports of goods and services in current dollars
China 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2% (2022)
Note: top five import partners based on percentage share of imports
Refined petroleum, vehicle parts/accessories, natural gas, fertilizers, cars (2022)
Note: top five import commodities based on value in dollars
$23.081 billion (2023 est.)
$44.795 billion (2022 est.)
$39.653 billion (2021 est.)
Note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
$278.524 billion (2019 est.)
$261.949 billion (2018 est.)
Argentine pesos (ARS) per US dollar -
Exchange rates:
296.258 (2023 est.)
130.617 (2022 est.)
94.991 (2021 est.)
70.539 (2020 est.)
48.148 (2019 est.)
Electrification - total population: 100% (2022 est.)
Installed generating capacity: 46.82 million kW (2022 est.)
Consumption: 127.98 billion kWh (2022 est.)
Exports: 31 million kWh (2022 est.)
Imports: 12.909 billion kWh (2022 est.)
Transmission/distribution losses: 29.877 billion kWh (2022 est.)
Comparison rankings: transmission/distribution losses 197; imports 20; exports 92; consumption 30; installed generating capacity 29
Fossil fuels: 65.3% of total installed capacity (2022 est.)
Nuclear: 5.2% of total installed capacity (2022 est.)
Solar: 2% of total installed capacity (2022 est.)
Wind: 9.7% of total installed capacity (2022 est.)
Hydroelectricity: 16.4% of total installed capacity (2022 est.)
Biomass and waste: 1.5% of total installed capacity (2022 est.)
Number of operational nuclear reactors: 3 (2023)
Number of nuclear reactors under construction: 1 (2023)
Net capacity of operational nuclear reactors: 1.64GW (2023 est.)
Percent of total electricity production: 6.3% (2023 est.)
Production: 1.318 million metric tons (2022 est.)
Consumption: 3.391 million metric tons (2022 est.)
Exports: 8,000 metric tons (2022 est.)
Imports: 2.196 million metric tons (2022 est.)
Proven reserves: 799.999 million metric tons (2022 est.)
Total petroleum production: 807,000 bbl/day (2023 est.)
Refined petroleum consumption: 706,000 bbl/day (2022 est.)
Crude oil estimated reserves: 2.483 billion barrels (2021 est.)
Production: 43.28 billion cubic meters (2022 est.)
Consumption: 46.228 billion cubic meters (2022 est.)
Exports: 3.422 billion cubic meters (2022 est.)
Imports: 6.229 billion cubic meters (2022 est.)
Proven reserves: 396.464 billion cubic meters (2021 est.)
185.37 million metric tonnes of CO2 (2022 est.)
From coal and metallurgical coke: 5.392 million metric tonnes of CO2 (2022 est.)
From petroleum and other liquids: 89.464 million metric tonnes of CO2 (2022 est.)
From consumed natural gas: 90.515 million metric tonnes of CO2 (2022 est.)
75.735 million Btu/person (2022 est.)
Total subscriptions: 7.615 million (2022 est.)
Subscriptions per 100 inhabitants: 17 (2022 est.)
Total subscriptions: 60.236 million (2022 est.)
Subscriptions per 100 inhabitants: 132 (2022 est.)
General assessment: Argentina’s ongoing problem with hyperinflation continues to distort the telecom market’s performance, which shows strong growth in revenue but only modest gains in subscriber numbers each year; the fixed broadband segment has penetration levels only slightly higher than the fixed-line teledensity; nearly a quarter of the country’s broadband connections are via DSL, although fiber is starting claim an increasing share of that market as networks expand across most of the main cities; mobile broadband continues to be the preferred platform for internet access, supported by high mobile penetration levels and nationwide LTE coverage; the first 5G service was launched in February 2021 using refarmed LTE frequencies; the anticipated 5G spectrum auctions should drive even stronger uptake in mobile broadband services; while the various fixed, mobile, and cable operators push to expand and enhance their services, the government is also making an active contribution towards boosting broadband connectivity around the country; its national connectivity plan ‘Plan Conectar’, launched in September 2020, provides funding for a range of programs to increase coverage; in August 2021, the telecom regulator announced the release funding to help operators accelerate the rollout of their broadband infrastructure and services (2021)
Domestic: roughly 15 per 100 fixed-line and 130 per 100 mobile-cellular; microwave radio relay, fiber-optic cable, and a domestic satellite system with 40 earth stations serve the trunk network (2021)
International: country code - 54; landing points for the UNISUR, Bicentenario, Atlantis-2, SAm-1, and SAC, Tannat, Malbec and ARBR submarine cable systems that provide links to Europe, Africa, South and Central America, and US; satellite earth stations - 112 (2019)
Government owns a TV station and radio network; more than two dozen TV stations and hundreds of privately owned radio stations; high rate of cable TV subscription usage (2022)
.ar
Total: 39.15 million (2021 est.)
Percent of population: 87% (2021 est.)
Total: 9,571,562 (2020 est.)
Subscriptions per 100 inhabitants: 21 (2020 est.)
Number of registered air carriers: 6 (2020)
Inventory of registered aircraft operated by air carriers: 107
Annual passenger traffic on registered air carriers: 18,081,937 (2018)
Annual freight traffic on registered air carriers: 311.57 million (2018) mt-km
LV
756 (2024)
144 (2024)
29,930 km gas, 41 km liquid petroleum gas, 6,248 km oil, 3,631 km refined products (2013)
Total: 17,866 km (2018)
Total: 240,000 km
Paved: 81,355 km
Unpaved: 158,645 km (2017)
11,000 km (2012)
Total: 201 (2023)
By type: container ship 1, bulk carrier 1 general cargo 8, oil tanker 33, other 158
Total ports: 37 (2024)
Large: 1
Medium: 2
Small: 10
Very small: 24
Ports with oil terminals: 19
Key ports: Buenos Aires, Campana, Concepcion del Uruguay, La Plata, Mar del Plata, Puerto Belgrano, Puerto Ingeniero White, Puerto Madryn, Rosario, San Sebastian Bay, Santa Fe, Ushuaia, Zarate
Armed Forces of the Argentine Republic (Fuerzas Armadas de la República Argentina): Argentine Army (Ejercito Argentino, EA), Navy of the Argentine Republic (Armada Republica, ARA; includes naval aviation and naval infantry), Argentine Air Force (Fuerza Aerea Argentina, FAA)
Ministry of Security: Gendarmería Nacional Argentina (National Gendarmerie), Coast Guard (Prefectura Naval) (2024)
Note: all federal police forces are under the Ministry of Security
0.5% of GDP (2023 est.)
0.6% of GDP (2022 est.)
0.8% of GDP (2021 est.)
0.8% of GDP (2020 est.)
0.7% of GDP (2019 est.)
Approximately 80,000 active-duty personnel (50,000 Army; 17,000 Navy, including about 3,500 marines); 13,000 Air Force); estimated 20,000 Gendarmerie (2023)
The inventory of Argentina's armed forces is a mix of domestically-produced and mostly older imported weapons, largely from Europe and the US; in recent years, France and the US have been the leading suppliers of equipment; Argentina has an indigenous defense industry that produces air, land, and naval systems (2023)
18-24 years of age for voluntary military service for men and women; conscription suspended in 1995; citizens can still be drafted in times of crisis, national emergency, or war, or if the Defense Ministry is unable to fill all vacancies to keep the military functional (2024)
Note: as of 2022, women comprised about 20% of the active duty military
325 Cyprus (UNFICYP) (2024)
The Argentine military’s primary responsibilities are territorial defense and protecting the country’s sovereignty; other duties include border security, countering narcotics trafficking, and other internal missions, such as disaster response and infrastructure development; it also conducts support operations in Antarctica to promote an active presence in areas of national territory that are sparsely populated; the military participates in both bilateral and multinational training exercises and supports UN peacekeeping operations
Argentina participates in the Tripartite Command, an interagency security mechanism created by Argentina, Brazil, and Paraguay to exchange information and combat transnational threats, including terrorism, in the Tri-Border Area; in addition, Argentina and Chile have a joint peacekeeping force known as the Combined Southern Cross Peacekeeping Force (FPC), designed to be made available to the UN; the FPC is made up of infantry, command and control, air, naval, and logistics support elements; Argentina has Major Non-NATO Ally (MNNA) status with the US, a designation under US law that provides foreign partners with certain benefits in the areas of defense trade and security cooperation
The Army and Navy were both created in 1810 during the Argentine War of Independence, while the Air Force was established in 1945; the military conducted coups d'état in 1930, 1943, 1955, 1962, 1966, and 1976; the 1976 coup, aka the "National Reorganization Process," marked the beginning of the so-called "Dirty War," a period of state-sponsored terrorism that saw the deaths or disappearances of thousands of Argentinians; the defeat in the 1983 Falklands War led to the downfall of the military junta (2023)
Argentina National Space Activities Commission (Comision Nacional de Actividades Espaciales, CONAE; formed in 1991); CONAE’s predecessor was the National Commission for Space Research (Comisión Nacional de Investigaciones Espaciales, CNIE; formed in 1960) (2024)
Manuel Belgrano Space Center (Buenos Aires province): planned launch platform of the Tronador SLV (see Appendix S); Punta Indio Space Center (Buenos Aires province): test facility; Teofilo Tabanera Space Center (CETT; Cordoba Province): testing, mission control site (2024)
Has a long history of involvement in the development of space-related capabilities, including rockets and satellites; develops, builds, and operates communications, remote sensing (RS), and scientific satellites, often in partnership with other countries; developing additional satellites with more advanced payloads; has a national space plan; contracts with commercial and other government space agencies for launches but has a domestic rocket program and is developing space launch vehicle (SLV) capabilities; cooperates with a broad range of space agencies and industries, including those of Brazil, China, the European Space Agency and its member states (particularly France, Italy), and the US; also has a commercial space industry, which includes efforts to design, build, and launch reusable small SLVs (2024)
Note: further details about the key activities, programs, and milestones of the country’s space program, as well as government spending estimates on the space sector, appear in the Space Programs reference guide
Terrorist group(s): Hizballah
Note: details about the history, aims, leadership, organization, areas of operation, tactics, targets, weapons, size, and sources of support of the group(s) appear(s) in the Terrorism reference guide
Refugees (country of origin): 217,742 (Venezuela) (economic and political crisis; includes Venezuelans who have claimed asylum, are recognized as refugees, or have received alternative legal stay) (2023)
Counterfeiting, drug trafficking, and other smuggling offenses in the Tri-Border area; some money laundering organizations in the TBA have may have links to the terrorist organization Hizballah; a large producer of chemical precursors