Argentina

The Argentine Republic is a federal republic located in southern South America, and its capital is Buenos Aires. Situated on the southwestern side of the South American continent, it borders Chile, Bolivia, Paraguay, Brazil, and Uruguay, while its eastern and southern regions face the Atlantic Ocean. It is a nation that occupies an important position in the South American region, possessing a unique presence and industrial structure background.

Looking at macroeconomic trends, the real GDP growth rate in 2025 recorded 4.4% (up 5.7 pt year-on-year), and the per capita real GDP growth rate also turned positive to 4.0% (up 5.7 pt year-on-year). In addition, nominal GDP (in USD) in 2025 was approximately 683.1 billion USD, up 7.0% year-on-year, and per capita nominal GDP (in USD) was approximately 14,898 USD, up 6.6% year-on-year. The total population as of 2025 was approximately 45.85 million (up 0.3% year-on-year), and the unemployment rate stood at 7.1% (down 0.0 pt year-on-year), remaining at a level flat with the previous year.

On the other hand, the consumer price inflation rate as of 2024 was at an extremely high level of 219.9% (up 86.4 pt year-on-year), reflecting ongoing severe inflation. Under these circumstances, the real interest rate in 2025 rose to 5.0% (up 52.4 pt year-on-year). Regarding the external balance, trade (as a percentage of GDP) in 2025 reached 30.4% (up 2.4 pt year-on-year), while the current account balance (as a percentage of GDP) showed a deficit trend at -1.1% (a year-on-year difference of -2.1 pt). Government debt (as a percentage of GDP) remains undisclosed.