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Argentina Business Report

General information
Source: The World Factbook - Central Intelligence Agency
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Population
44,293,293 (July 2017 est.)
GDP (PPP)
$920.2 billion (2017 est.)

GDP growth rate
2.9% (2017 est.)

Good but uneven

GDP (PPP) per capita
$20,900 (2017 est.)

Medium

Local currency
Argentine peso (ARS)

Unstable currency which lost more than half of its value since 2013

Financial stability (Public debt)
52.6% of GDP (2017 est.)

Medium

Inflation
25.7% (2017 est.)

Very high and not slowing

Language
Spanish

Italian, English, German, French

Corruption perception index (Source: Transparency International)
85/180

High level of corruption

Duties and tax
Source: PwC World Tax Summaries 2017-2018
VAT

21% standard rate 27% on utilities services 10.5% on some basic goods or services
Corporate Tax

30% standard rate
Duties

The levels of import duty currently range between 0% and 35%

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