As per International Monetary Fund (IMF)
Argentina’s nominal gross domestic product is expected to grow at a CAGR of
20.9% from it’s 2015 level of ARS 5854.01 billion and reach ARS 22106.04
billion by 2022.
Argentina, officially the Argentine Republic,
is a federal republic located in southeastern South America. Covering most of
the Southern Cone, it is bordered by Bolivia and Paraguay to the north, Brazil
to the northeast, Uruguay and the Atlantic Ocean to the east, Chile to the west
and the Drake Passage to the south. Argentina claims sovereignty over part of
Antarctica, the Falkland Islands, South Georgia and the South Sandwich Islands.
A historical and current middle power, prominent Latin American and Southern
Cone regional power, Argentina is one of the G-15and G-20 major economies and
Latin America's third-largest. It is also a founding member of the United
Nations, WBG, WTO, OAS, Mercosur, UNASUR, CELAC and OEI.
Argentina had estimated population of 43.6
million in the year 2016 and expected to reach 46.667 million by 2022.
Argentina's unemployment rate was 8.467% of total labor force.
Argentina's real gross domestic product (GDP)
was around ARS 704.33 billions in 2016 whereas the nominal GDP was ARS 8055.99
billions. This resulted in GDP deflator 1143.78. Per capita GDP was estimated
at USD 12502.82 whereas purchasing power parity (PPP) based per capita GDP was
estimated to be at USD 20047.49.
In 2016, Argentina government's revenue was
ARS 2714.83 billions whereas the expenditure was ARS 3181.39 billions. This
resulted Argentina government's net lending / borrowing negative at ARS 466.555
billion in 2016 indicating that enough financial resources were not made
available by the government to boost economic growth.
The current account balance for Argentina was
estimated to be at USD 14.172 billions for the year 2016 and is expected to
decline at a CAGR of 12.30% and reach USD 37.845 by 2022. This negative current
account balance indicates the Argentina is net borrower from the whole world.
Scope of the Argentina
PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Argentina.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Argentina.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Argentina.
- These reports provide risk analysis for Argentina.
For more information and to purchase
Argentina PESTEL Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/argentina-pestel-analysis-market-research-report
For more information and to purchase
Argentina SWOT Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/argentina-swot-analysis-market-research-report
For more information and to purchase
Argentina Risk Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/argentina-risk-analysis-market-research-report
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