Argentina Economy

Argentina economy is booming according the last year record. Argentina Economy comes under the Latin America and the Caribbean region and considered as an Upper middle-income country according to the Classification of economies by income and region, FY 2005 made by the World Bank.

The total population of Argentina in the year 2004 have reached at 38.2 millions in comparison to 37.9 millions in the previous year.
The growth rate of population in the country is shown in the graph below:
The average annual growth rate of population (1998-04) in Argentina was 1 percent in comparison to 1.4 percent in the Latin America and Caribbean Regions.
The life expectancy years in the year 2003 was 74.5.
The Infant mortality rate per one thousand life births was 17 in the year 2003.

Under the age of 5 the mortality rate for one thousand children was 20.

Key Economic Indicators of Argentina Economy

The Gross National Income (Atlas method) to the year 2004 was 142.3 billions in current US $. The GNI Percapita (Atlas method) was 3,720.0 in the current US $ for the same year.

The Gross Domestic Product was 151.5 billions in current US $ to the year 2004 compared to 129.6 billions (current US $) in the previous year.

The annual percentage growth of GDP is very high presently. It has grown from a negative value in the year 2000 to 9.0 percent in the year 2004.