ECONOMIC INFORMATION

Population: 38.4m

Population growth: 0.87%

Advertisement

Population density (people per sq. km): 14

UN Human Development Index ranking: 34/177

Gross national income (current US$): $140.1bn (2003)

Gross national income per capita: $3,650

PPP Gross national income: $419.2bn

PPP Gross national income per capita: $10,920

GDP growth: 3.4% (2003)

GDP breakdown Agriculture: 11.1%, Industry: 34.8%, Services: 54.1%

Inflation (12-month average): 10.7 (2003)

Gross capital formation as % of GDP: 15.1%

Final consumption expenditure as % of GDP (growth): 74.1% (7.3%)

Exports of goods & services as % of GDP: 25.0%

Top 3 export markets: Brazil, US, Chile

Local industries: Food processing, motor vehicles, consumer durables, textiles, chemicals & petrochemicals, printing, metallurgy, steel

WEF Growth Competitiveness ranking * : 74/104

WEF Business Competitiveness ranking **: 74/10

WEF Quality of the Business Environment ranking : 78/103

Transparency International Corruption Perceptions ranking: 108/145

Languages: Spanish (official), English, Italian, German, French

 

 

 

1057.photo.jpg

 

FDI INFORMATION

 

Region: South America

No. of projects (Jan-Sep 2004): 128

Market-share of projects in the region: 12.7%

Value of projects relative to GDP: 9.8%

Top 3 destination sectors: Energy, food & drink, metals/mining

Top 3 business functions: Manufacturing, extraction, retail

Top 3 source countries: US, Spain, Canada

Top 3 investors: Repsol YPF, Petrobras, PSA Peugeot Citroen

IPA

 

Name: ADI Argentina

 

Web address: www.inversiones.gov.ar

 

* World Economic Forum Growth Competitiveness Ranking assesses an economy’s ability to grow consistently

** World Economic Forum Business Competitiveness Ranking assesses the microeconomic factors that contribute to economic growth

*** The difficulty of hiring workers and the difficulty and expense of firing workers is reflected as an index where the higher the value the more rigid the regulations