The economy of argentina is a high income economy for fiscal year 2017 according to world bank latin america's third largest, and the second largest in south america behind brazil  the country benefits from rich natural resources , a highly literate population, an export-oriented agricultural sector , and a diversified industrial base.
Economic activity is projected to rebound later in the year and growth is projected at 2% in 2018 and 26% in 2019, supporting further declines in unemployment however, recently, the exchange rate has depreciated significantly amidst declining confidence and capital flight.
His approach — emphasizing lower tariffs, accurate economic data, trade pacts and the freer flow of capital — was largely aimed at coaxing foreign investment back to argentina and ending the economic exile that followed the country’s default in 2001.
Note: 1) the information regarding argentina on this page is re-published from the 2018 world fact book of the united states central intelligence agency no claims are made regarding the accuracy of argentina economy 2018 information contained here. Argentina economic outlook august 7, 2018 recently released data shows that the financial storm that hit the country in the second quarter, coupled with a prolonged drought, took a heavy toll on the economy economic activity contracted sharply in may, after a small drop in april, dragged down by plunging agricultural output.
Argentina’s economic freedom score is 523, making its economy the 144th freest in the 2018 index its overall score has increased by 19 points, led by improvements in the indicators for judicial effectiveness, tax burden, and government spending.
The economic history of argentina is one of the most studied, owing to the argentine paradox, its unique condition as a country that had achieved advanced development in the early 20th century but experienced a reversal, which inspired an enormous wealth of literature and diverse analysis on the causes of this decline. Are debt crises in argentina and turkey a global warning sign kenneth rogoff with an economy 10 times the size of greece, a default in italy would blow up the eurozone indeed, the populist. In 2017, argentina’s economy emerged from recession with gdp growth of nearly 30% the government passed important pension, tax, and fiscal reforms and after years of international isolation, argentina took on several international leadership roles, including hosting the world economic forum on latin america and the world trade organization.