Upgrade Your Lifestyle And Slash Your Costs
If you're after the best quality of life for your future... Without any danger of burning through your nest egg......
Read moreKathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.
To know Argentina’s economy is to know one of the world’s biggest dramas.
The country is up and then it is down, with flashes of stability bridging the time between the last rise and next big tumble.
And, if there has been something consistent in economy stability and political leadership during the last half century, it is probably inconsistency.
The economy is so fickle in this part of the world that economists are bona fide celebrities.
They appear so regularly on television and in media that they are recognized on the street and photographed in restaurants.
Some of the biggest names boast more social media followers than many of the most popular Argentine actors.
The country’s economic hiccups (crashes, usually) are always accompanied with pointed fingers at some administration in particular, as each seems to have its own very different approach to and belief about handling the economy.
Argentina is still a naturally rich country, with a bevy of investment opportunities. Perhaps critics are too tough on Argentina.
Even when inflation was starting to creep up and people were harping on the country’s economic policies a handful of years ago, the economy was actually growing, in large part thanks to the country’s bountiful soy production and exports.
While it seems like most people have resigned themselves to the Argentine drama of default after default, they have in fact gotten smarter.
People have taken their money elsewhere. But people still do not give up. Argentina is a place that bristles with opportunity.
Start Your New Life Today, Overseas
A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today
It’s, as mentioned, a very rich country naturally and also rich in talent and creativity. It is highly regarded and copied in many professional fields from medicine to media. Argentina is still working to get away from its emerging economy status— and it might still be that way for some time.
Information Type | Notes |
---|---|
Real annual growth rate (2015) | 1.2% |
Per capita income(2015) | US$22,600 |
Inflation rate(2015 est.) | 27.6% |
Natural resources | fertile plains of the pampas, lead, zinc, tin, copper, iron ore, manganese, petroleum, uranium, arable land |
Primary sectors (60.4% of GDP) | Services |
Secondary sectors (29.1% of GDP) | Industry |
Tertiary sectors(10.5% of GDP) | Agriculture |
Exports | US$65.95 billion: soybeans and derivatives, petroleum and gas, vehicles, corn, wheat |
Major trade markets(2015) | Brazil (17%), China (8.6%), US (5.9%) |
Imports | US$60.56 billion: machinery, motor vehicles, petroleum and natural gas, organic chemicals, plastics |
Major suppliers | Brazil (22.1%), US (16.1%), China (15.4%), Germany (5.1%) |
Labor force | 17,470,000 |
If you're after the best quality of life for your future... Without any danger of burning through your nest egg......
Read moreRetire To The World's Most Passionate City "Buenos Aires is one of the world's most beguiling places, best known worldwide...
Read moreIf you're after the best quality of life for your future... Without any danger of burning through your nest egg......
Read moreWe live in a great big beautiful world that is bursting with opportunity around every corner if you decide to live overseas.Please believe me: The life you want is waiting for you out here...You just need to get up, get moving, and seize it for yourself.Where in the world might be best for you?After more than 36 years covering this beat, I have thousands of miles of boots-on-the-ground reconnaissance, decades of experience, and countless feedback from retirees to draw from...
Read moreSign up for our free daily e-letter, Overseas Opportunity Letter, and get your FREE report: The 10 Best Places To Retire Overseas In 2023
© 2008-2023 - Live and Invest Overseas - All Rights Reserved.
© 2008-2023 - Live and Invest Overseas - All Rights Reserved.
Download your FREE report on
The Best Places To Retire In 2023
FREE:
Find Your Paradise Overseas