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Argentina

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Country summary

Capital

Buenos Aires

Borders

Bolivia 832 km, Brazil 1,261 km, Chile 5,308 km, Paraguay 1,880 km, Uruguay 580 km

Government type

republic

Population

40,913,584 (July 2010 est.)[1]

Population growth %

1.053 (2010 est.)[1]

Life expectancy

76.56 years[1]

Unemployment

8.7% (2009 est.)[1]

Index of Economic Freedom

135[2]

Corruption Perceptions Index

106[3]

Doing Business ranking

118[4]


In 1816, the United Provinces of the Rio Plata declared their independence from Spain. After Bolivia, Paraguay, and Uruguay went their separate ways, the area that remained became Argentina. The country's population and culture were heavily shaped by immigrants from throughout Europe, but most particularly Italy and Spain, which provided the largest percentage of newcomers from 1860 to 1930. Up until about the mid-20th century, much of Argentina's history was dominated by periods of internal political conflict between Federalists and Unitarians and between civilian and military factions. After World War II, an era of Peronist populism and direct and indirect military interference in subsequent governments was followed by a military junta that took power in 1976. Democracy returned in 1983 after a failed bid to seize the Falkland (Malvinas) Islands by force, 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.[1]

Economical characteristics[]

  • Currency: Peso (ISO code: ARS)
  • Central bank discount rate: NA%[1]
  • Commercial banks lending rate: 19.47% (31 December 2008)[1]
  • Stock of money (M1): $32.57 billion (31 December 2008)[1]
  • Quasi money (with M1 makes M2): $46.18 billion (31 December 2008)[1]


Statistics[]

Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[5] 283 523 284 204 268 697 102 040 129 597 153 129 183 193 214 066 262 421 328 465
Govt. debt (% of GDP)[6]
Govt. revenue (% of GDP)[7] 14.056 17.200 18.136
Govt. expenses (% of GDP)[8] 19.677 19.837 18.289
Debt to revenue (years)

References[]

Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Facebook. "Argentina", from The World Facebook. Referenced 2010-09-28.
  2. ↑ Heritage Foundation. "Argentina", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-28.
  3. ↑ Transparency International. "Argentina", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-09-28.
  4. ↑ Doing Business. "Argentina", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-28.
  5. ↑ World Bank. "Argentina: GDP", from World Bank Data. Referenced 2010-09-28.
  6. ↑ World Bank. "Argentina: government debt", from World Bank Data. Referenced 2010-09-28.
  7. ↑ World Bank. "Argentina: government revenue", from World Bank Data. Referenced 2010-09-28.
  8. ↑ World Bank. "Argentina: government expenses", from World Bank Data. Referenced 2010-09-28.

External links[]

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