Argentina in Brief

Country Profile
Official Name Argentine Republic
Capital City Autonomous City of Buenos Aires
Area 3.8 million km2 (2.8 million km2 of mainland territory and 969 thousand km2 of Antarctic territory and southern islands)
Coastline 4,725 km
Population 41.09 million inhabitants
Population growth 0.9% per annum
Literacy rate 98%
Life expectancy 76 years
GDP per capita USD 18,205
Currency Argentine Peso (ARS)
Political division 23 autonomous provinces and the Autonomous City of Buenos Aires
Political System Republican, Representative and Federal
Fiscal year January-December
System of Measurement Metric
Time Zone GMT-03:00
Official language Spanish

 

 

  2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
GDP growth rate (annual %, at constant prices) 8,8% 9,0% 9,2% 8,5% 8,7% 6,8% 0,9% 9,2% 8,9% 1,9%
GDP (in USD millions, at current prices) 127.545 151.823 181.358 212.510 260.074 324.407 305.769 367.561 444.605 475.211
GDP (PPP per capita, in current international USD)* 8.983 9.938 11.051 12.217 13.474 14.502 14.574 15.922 17.477 17.917
Exports of goods and services (in USD millions) 34.439 39.864 47.021 54.569 66.343 82.175 66.639 81.782 99.677 96.021
Imports of goods and services (in USD millions) 19.544 29.064 36.313 42.677 55.583 70.902 51.039 71.309 92.136 87.001
Balance of trade in goods and services (in USD millions) 14.895 10.799 10.708 11.892 10.760 11.272 15.600 10.472 7.541 9.020
Trade surplus (% of GDP) 11,7% 7,1% 5,9% 5,6% 4,1% 3,5% 5,1% 2,8% 1,7% 1,9%
Current account surplus (% of GDP) 6,4% 2,1% 2,9% 3,7% 2,8% 2,1% 3,6% 0,4% -0,5% 0,0%
Primary fiscal surplus (% of GDP) 2,3% 3,9% 3,7% 3,5% 3,2% 3,1% 1,5% 1,7% 0,3% -0,2%
Gross capital formation (% of GDP, at constant prices) 14,3% 17,7% 19,8% 21,6% 22,6% 23,1% 20,6% 22,8% 24,5% 22,8%
Foreign Direct Investment (in USD millions) 1.652 4.125 5.265 5.537 6.473 9.726 4.017 7.055 9.881 12.116
Exchange rate (ARS/USD; annual average) 3,0 2,9 2,9 3,1 3,1 3,2 3,7 3,9 4,1 4,6
International Reserves (in USD millions) 14.119 19.646 28.077 32.037 46.176 46.386 47.967 52.145 46.376 43.290
Unemployment rate (% of EAP)** 17,20% 13,52% 11,51% 10,09% 8,40% 7,83% 8,64% 7,75% 7,15% 7,20%
Gini Coefficient*** 0,53 0,51 0,49 0,48 0,47 0,46 0,45 0,44 0,43 0,42

 

 

 

* The data for 2011 and 2012 are estimates.
** The annual data was calculated as the average of the four quarters.
*** Population according to the range of per capita household income, for the universe of individuals.