Argentina
Online Business Education. Economy. Politics. Culture. Religion. Media

Capital City: Buenos Aires (pop. 3 million)

Other Cities:
Córdoba (pop. 1 350 000), Rosario (pop. 1 158 000), Mendoza (pop. 800 000 ), Santa Fe (pop. 360 000), Mar del Plata, La Plata, Tucuman.

Local Time: UTC -3h

Geography:
Location: Southern South America, bordering the South Atlantic Ocean, between Chile and Uruguay.
Area: 2.8 million sq. km. (1.1 million sq. mi.); second-largest country in South America.
Terrain: Rich plains of the Pampas in northern half, flat to rolling plateau of Patagonia in south, rugged Andes along western border.

Border countries: Bolivia, Brazil, Chile, Paraguay, Uruguay


Climate: Varied--predominantly temperate with extremes ranging from subtropical in the north to arid/sub- Antarctic in far south.

Government:
Type: Republic.
Independence: 9 July 1816 (from Spain). Constitution: 1 May 1853; revised August 1994.

People:
Nationality: Noun and adjective--Argentine(s).
Population: 38 million.
GNI per capita PPP: $ 13 153 (year)
Ethnic groups: European 97%, mostly of Spanish and Italian descent; Mestizo, Amerindian or other nonwhite groups 3%.
Religions: Roman Catholic 92% (less than 20% practicing), Protestant 2%, Jewish 2%, other 4%.
Languages: Spanish (official), English, Italian, German, French.
Literacy (2001): 97%.

Business

Currency: Argentine Peso (ARS)

Natural resources: Fertile plains (pampas); minerals--lead, zinc, tin, copper, iron, manganese, oil, and uranium.

Agriculture products: Grains, oilseeds and by-products, lemons, soybeans, grapes, corn, tobacco, peanuts, tea, wheat; livestock.

Industries: Food processing, oil refining, machinery and equipment, textiles, chemicals and petrochemicals.

Exports partners: Brazil 15.8%, Chile 12%, USA 10.6%, China 8.4%, Spain 4.7% (2003)

Imports partners: Brazil 34%, USA 16.4%, Germany 5.6%, China 5.2% (2003)

Introduction

Argentina

Background:  Following independence from Spain in 1816, Argentina
experienced periods of internal political conflict between conservatives
and liberals and between civilian and military factions. After World
War II, a long period of Peronist authoritarian rule and interference in
subsequent governments was followed by a military junta that took power
in 1976. Democracy returned in 1983, and numerous elections since then
have underscored Argentina's progress in democratic consolidation.

Geography Argentina

Location:  Southern South America, bordering the South Atlantic Ocean,
between Chile and Uruguay

Geographic coordinates:  34 00 S, 64 00 W

Map references:  South America

Area:  total: 2,766,890 sq km land: 2,736,690 sq km water: 30,200 sq km

Area - comparative:  slightly less than three-tenths the size of the US

Land boundaries:  total: 9,665 km border countries: Bolivia 832 km,
Brazil 1,224 km, Chile 5,150 km, Paraguay 1,880 km, Uruguay 579 km

Coastline:  4,989 km

Maritime claims:   12 NM exclusive economic zone: Climate:  mostly
temperate; arid in southeast; subantarctic in southwest

Terrain:  rich plains of the Pampas in northern half, flat to rolling
plateau of Patagonia in south, rugged Andes along western border

Elevation extremes:  lowest point: Salinas Chicas -40 m (located on
Peninsula Valdes) highest point: Cerro Aconcagua 6,960 m

Natural resources:  fertile plains of the Pampas, lead, zinc, tin,
copper, iron ore, manganese, petroleum, uranium

Land use:  arable land: 9% permanent crops: 1% other: 90% (1998 est.)

Irrigated land:  15,610 sq km (1998 est.)

Natural hazards:  San Miguel de Tucuman and Mendoza areas in the Andes
subject to earthquakes; pamperos are violent windstorms that can strike
the Pampas and northeast; heavy flooding

Environment - current issues:  environmental problems (urban and rural)
typical of an industrializing economy such as deforestation, soil
degradation, desertification, air pollution, and water pollution note:
Argentina is a world leader in setting voluntary greenhouse gas targets

Environment - international agreements:  party to: Antarctic-Environmental
Protocol, Antarctic-Marine Living Resources, Antarctic Seals, Antarctic
Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol,
Desertification, Endangered Species, Environmental Modification, Hazardous
Wastes, Law of the Sea, Marine Dumping, Nuclear Test Ban, Ozone Layer
Protection, Ship Pollution, Wetlands, Whaling signed, but not ratified:
Marine Life Conservation

Geography - note:  second-largest country in South America (after Brazil);
strategic location relative to sea lanes between the South Atlantic
and the South Pacific Oceans (Strait of Magellan, Beagle Channel,
Drake Passage); Cerro Aconcagua is South America's tallest mountain,
while the Valdes Peninsula is the lowest point on the continent

People Argentina

Population:  37,812,817 (July 2002 est.)

Age structure:  0-14 years: 26.3% (male 5,090,046; female 4,854,761) 15-64
years: 63.2% (male 11,968,135; female 11,937,709) 65 years and over: 10.5%
(male 1,636,332; female 2,325,834) (2002 est.)

Population growth rate:  1.13% (2002 est.)

Birth rate:  18.23 births/1,000 population (2002 est.)

Death rate:  7.57 deaths/1,000 population (2002 est.)

Net migration rate:  0.63 migrant(s)/1,000 population (2002 est.)

Sex ratio:  at birth: 1.05 male(s)/female under 15 years: 1.05
male(s)/female 15-64 years: 1 male(s)/female 65 years and over: 0.7
male(s)/female total population: 0.98 male(s)/female (2002 est.)

Infant mortality rate:  17.2 deaths/1,000 live births (2002 est.)

Life expectancy at birth:   79.03 years (2002 est.)  male: Total fertility
rate:  2.41 children born/woman (2002 est.)

HIV/AIDS - adult prevalence rate:  0.69% (1999 est.)

HIV/AIDS - people living with HIV/AIDS:  130,000 (1999 est.)

HIV/AIDS - deaths:  1,800 (1999 est.)

Nationality:  noun: Argentine(s) adjective: Argentine

Ethnic groups:  white (mostly Spanish and Italian) 97%, mestizo,
Amerindian, or other nonwhite groups 3%

Religions:  nominally Roman Catholic 92% (less than 20% practicing),
Protestant 2%, Jewish 2%, other 4%

Languages:  Spanish (official), English, Italian, German, French

Literacy:  definition: age 15 and over can read and write total
population: 96.2% male: 96.2% female: 96.2% (1995 est.)

Government Argentina

Country name:   Argentine Republic conventional short form: Government
type:  republic

Capital:  Buenos Aires

Administrative divisions:  23 provinces (provincias, singular -
provincia), and 1 autonomous city* (distrito federal); Buenos Aires,
Buenos Aires Capital Federal*, Catamarca, Chaco, Chubut, Cordoba,
Corrientes, Entre Rios, Formosa, Jujuy, La Pampa, La Rioja, Mendoza,
Misiones, Neuquen, Rio Negro, Salta, San Juan, San Luis, Santa Cruz,
Santa Fe, Santiago del Estero, Tierra del Fuego - Antartida e Islas del
Atlantico Sur, Tucuman note: Independence:  9 July 1816 (from Spain)

National holiday:  Revolution Day, 25 May (1810)

Constitution:  1 May 1853; revised August 1994

Legal system:  mixture of US and West European legal systems; has not
accepted compulsory ICJ jurisdiction

Suffrage:  18 years of age; universal and mandatory

Executive branch:  chief of state: President Eduardo Alberto DUHALDE
(since 2 January 2002); note - selected by National Congress in aftermath
of resignation of former President DE LA RUA on 20 December 2001 and
resignations of others who briefly held the office following DE LA RUA's
departure; Vice President Carlos "Chacho" ALVAREZ resigned 6 October
2000 and the post remains vacant; note - the president is both the
chief of state and head of government head of government: President
Eduardo Alberto DUHALDE (since 2 January 2002); note - selected by
National Congress in aftermath of resignation of former President
DE LA RUA on 20 December 2001 and resignations of others who briefly
held the office following DE LA RUA's departure; Vice President Carlos
"Chacho" ALVAREZ resigned 6 October 2000 and the post remains vacant;
note - the president is both the chief of state and head of government
cabinet: Cabinet appointed by the president election results: Fernando
DE LA RUA elected president; percent of vote - 48.5% ; Vice President
Carlos "Chacho" ALVAREZ resigned 6 October 2000 and a replacement was
not named; DE LA RUA resigned 20 December 2001; following a series of
interim presidents, Eduardo Alberto DUHALDE was selected president by
the National Congress on 1 January 2002 elections:  for four-year terms;
election last held 24 October 1999 (next to be held NA October 2003)

Legislative branch:  bicameral National Congress or Congreso Nacional
consists of the Senate (72 seats; formerly, three members appointed
by each of the provincial legislatures; presently transitioning to
one-third of the members being elected every two years to six-year terms)
and the Chamber of Deputies (257 seats; one-half of the members elected
every two years to four-year terms) election results: Senate - percent
of vote by bloc or party - NA%; seats by bloc or party - Justicialist
(Peronist) 40, UCR 24, provincial parties 6, Frepaso 1, ARI 1; Chamber
of Deputies - percent of vote by bloc or party - NA%; seats by bloc
or party - Justicialist (Peronist) 113, UCR 74, provincial parties 27,
Frepaso 17, ARI 17, AR 9 elections: Senate - last held 14 October 2001
(next to be held NA October 2003); Chamber of Deputies - last held 14
October 2001 (next to be held NA October 2003)

Judicial branch:  Supreme Court or Corte Suprema (the nine Supreme Court
judges are appointed by the president with approval by the Senate)

Political parties and leaders:  Action for the Republic or AR [Domingo
CAVALLO]; Alternative for a Republic of Equals or ARI [Elisa CARRIO];
Front for a Country in Solidarity or Frepaso (a four-party coalition)
[Dario Pedro ALESSANDRO]; Justicialist Party or PJ [Carlos Saul MENEM]
(Peronist umbrella political organization); Radical Civic Union or UCR
[Angel ROZAS]; several provincial parties

Political pressure groups and leaders:  Argentine Association of
Pharmaceutical Labs (CILFA); Argentine Industrial Union (manufacturers'
association); Argentine Rural Society (large landowners' association);
business organizations; General Confederation of Labor or CGT
(Peronist-leaning umbrella labor organization); Peronist-dominated labor
movement; Roman Catholic Church; students

International organization participation:  AfDB, Australia Group, BCIE,
BIS, CCC, ECLAC, FAO, G-6, G-15, G-19, G-24, G-77, IADB, IAEA, IBRD, ICAO,
ICC, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol,
IOC, IOM, ISO, ITU, LAES, LAIA, Mercosur, MINURSO, MIPONUH, MTCR, NSG,
OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNFICYP, UNHCR, UNIDO,
UNIKOM, UNMEE, UNMIBH, UNMIK, UNMOP, UNMOVIC, UNTSO, UNU, UPU, WCL,
WFTU, WHO, WIPO, WMO, WToO, WTrO, ZC

Diplomatic representation in the US:  chief of mission: Ambassador
Diego Ramiro GUELAR chancery: 1600 New Hampshire Avenue NW, Washington,
DC 20009 consulate(s) general: Atlanta, Chicago, Houston, Los Angeles,
Miami, New York FAX: [1] (202) 332-3171 telephone: [1] (202) 238-6400

Diplomatic representation from the US:  chief of mission: Ambassador James
D. WALSH embassy: Avenida Colombia 4300, C1425GMN Buenos Aires mailing
address: international mail: use street address; APO address: Unit 4334,
APO AA 34034 telephone: [54] (11) 5777-4533 FAX: [54] (11) 5511-4240

Flag description:  three equal horizontal bands of light blue (top),
white, and light blue; centered in the white band is a radiant yellow
sun with a human face known as the Sun of May

Economy Argentina

Economy - overview:  Argentina benefits from rich natural resources,
a highly literate population, an export-oriented agricultural sector,
and a diversified industrial base. However, when President Carlos MENEM
took office in 1989, the country had piled up huge external debts,
inflation had reached 200% per month, and output was plummeting. To
combat the economic crisis, the government embarked on a path of trade
liberalization, deregulation, and privatization. In 1991, it implemented
radical monetary reforms which pegged the peso to the US dollar and
limited the growth in the monetary base by law to the growth in reserves.
Inflation fell sharply in subsequent years. In 1995, the Mexican peso
crisis produced capital flight, the loss of banking system deposits,
and a severe, but short-lived, recession; a series of reforms to bolster
the domestic banking system followed. Real GDP growth recovered strongly,
reaching 8% in 1997. In 1998, international financial turmoil caused by
Russia's problems and increasing investor anxiety over Brazil produced
the highest domestic interest rates in more than three years, halving the
growth rate of the economy. Conditions worsened in 1999 with GDP falling
by 3%. President Fernando DE LA RUA, who took office in December 1999,
sponsored tax increases and spending cuts to reduce the deficit, which
had ballooned to 2.5% of GDP in 1999. Growth in 2000 was a negative
0.5%, as both domestic and foreign investors remained skeptical of the
government's ability to pay debts and maintain the peso's fixed exchange
rate with the US dollar. The economic situation worsened still further in
2001 with the widening of spreads on Argentine bonds, massive withdrawals
from the banks, and a further decline in consumer and investor confidence.
Government efforts to achieve a "zero deficit", to stabilize the banking
system, and to restore economic growth proved inadequate in the face
of the mounting economic problems. At the start of 2002, newly elected
president Eduardo DUHALDE met with IMF officials to secure an additional
$20 billion loan, but immediate action seemed unlikely. The peso's peg
to the dollar was abandoned in January 2002, and the peso was floated
from the dollar in February; inflation picked up rapidly.

GDP:  purchasing power parity - $453 billion (2001 est.)

GDP - real growth rate:  -4.6% (2001 est.)

GDP - per capita:  purchasing power parity - $12,000 (2001 est.)

GDP - composition by sector:  agriculture: 6% industry: 28% services: 66%
(2001 est.)

Population below poverty line:  37% (2001 est.)

Household income or consumption by percentage share:  lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices):  4% (2001 est.)

Labor force:  15 million (1999)

Labor force - by occupation:  agriculture NA%, industry NA%, services NA%

Unemployment rate:  25% (yearend 2001)

Budget:  revenues: $44 billion expenditures: $48 billion, including
capital expenditures of $NA (2000 est.)

Industries:  food processing, motor vehicles, consumer durables, textiles,
chemicals and petrochemicals, printing, metallurgy, steel

Industrial production growth rate:  1% (2000 est.)

Electricity - production:  82.802 billion kWh (2000)

Electricity - production by source:  fossil fuel: 51.81% hydro: 40.67%
other: 0.29% (2000) nuclear: 7.23%

Electricity - consumption:  80.806 billion kWh (2000)

Electricity - exports:  3.7 billion kWh (2000)

Electricity - imports:  7.5 billion kWh (2000)

Agriculture - products:  sunflower seeds, lemons, soybeans, grapes,
corn, tobacco, peanuts, tea, wheat; livestock

Exports:  $26.5 billion (f.o.b., 2000 est.)

Exports - commodities:  edible oils, fuels and energy, cereals, feed,
motor vehicles

Exports - partners:  Brazil 26.5%, US 11.8%, Chile 10.6%, Spain 3.5%
(2000)

Imports:  $23.8 billion (f.o.b., 2000 est.)

Imports - commodities:  machinery and equipment, motor vehicles,
chemicals, metal manufactures, plastics

Imports - partners:  Brazil 25.1%, US 18.7%, Germany 5%, China 4.6% (2000)

Debt - external:  $155 billion (2001 est.)

Economic aid - recipient:  $10 billion (2001 est.)

Currency:  Argentine peso (ARS)

Currency code:  ARS

Exchange rates:  Argentine pesos per US dollar - 1.33325 (January 2002),
1.000 (1997-2001); note - fixed rate pegged to the US dollar was abandoned
in January 2002; peso now floats

Fiscal year:  calendar year

Communications Argentina

Telephones - main lines in use:  7.5 million (1998)

Telephones - mobile cellular:  3 million (December 1999)

Telephone system:  general assessment: by opening the telecommunications
market to competition and foreign investment with the "Telecommunications
Liberalization Plan of 1998", Argentina encouraged the growth of modern
telecommunication technology; fiber-optic cable trunk lines are being
installed between all major cities; the major networks are entirely
digital and the availability of telephone service is being improved;
however, telephone density is presently minimal, and making telephone
service universally available will take some time domestic: microwave
radio relay, fiber-optic cable, and a domestic satellite system with 40
earth stations serve the trunk network; more than 110,000 pay telephones
are installed and mobile telephone use is rapidly expanding international:
Unisur submarine cables; two international gateways near Buenos Aires
(1999)

Radio broadcast stations:  AM 260 (including 10 inactive stations),
FM NA (probably more than 1,000, mostly unlicensed), shortwave 6 (1998)

Radios:  24.3 million (1997)

Television broadcast stations:  42 (plus 444 repeaters) (1997)

Televisions:  7.95 million (1997)

Internet country code:  .ar

Internet Service Providers (ISPs):  33 (2000)

Internet users:  3.88 million (2001)

Transportation Argentina

Railways:  total: 33,744 km (167 km electrified) broad gauge: 20,594 km
1.676-m gauge (141 km electrified) standard gauge: 2,739 km 1.435-m gauge
(26 km electrified) narrow gauge: 10,154 km 1.000-m gauge; 257 km 0.750-m
gauge (2000 est.)

Highways:  total: 215,434 km paved: 63,553 km (including 734 km of
expressways) unpaved: 151,881 km (1998 est.)

Waterways:  10,950 km

Pipelines:  crude oil 4,090 km; petroleum products 2,900 km; natural
gas 9,918 km

Ports and harbors:  Bahia Blanca, Buenos Aires, Comodoro Rivadavia,
Concepcion del Uruguay, La Plata, Mar del Plata, Necochea, Rio Gallegos,
Rosario, Santa Fe, Ushuaia

Merchant marine:  total: 24 ships (1,000 GRT or over) totaling 147,505
GRT/222,500 DWT ships by type: cargo 9, petroleum tanker 10, railcar
carrier 1, refrigerated cargo 2, roll on/roll off 1, short-sea passenger
1, includes some foreign-owned ships registered here as a flag of
convenience: United Arab Emirates 1, Uruguay 1 (2002 est.)

Airports:  1,369 (2001)

Airports - with paved runways:  total: 144 over 3,047 m: 4 2,438 to
3,047 m: 26 1,524 to 2,437 m: 60 914 to 1,523 m: 45 under 914 m: 9 (2001)

Airports - with unpaved runways:   2 1,524 to 2,437 m: Military Argentina

Military branches:  Argentine Army, Navy of the Argentine Republic
(includes naval aviation and Marines), Coast Guard, Argentine Air Force,
National Gendarmerie, National Aeronautical Police Force

Military manpower - military age:  20 years of age (2002 est.)

Military manpower - availability:  males age 15-49: 9,521,633 (2002 est.)

Military manpower - fit for military service:  males age 15-49: 7,721,219
(2002 est.)

Military manpower - reaching military age annually:  males: 335,085
(2002 est.)

Military expenditures - dollar figure:  $4.3 billion (FY99)

Military expenditures - percent of GDP:  1.3% (FY00)

Transnational Issues Argentina

Disputes - international:  claims UK-administered Falkland Islands
(Islas Malvinas); claims UK-administered South Georgia and the South
Sandwich Islands; territorial claim in Antarctica partially overlaps
British and Chilean claims

Illicit drugs:  used as a transshipment country for cocaine headed for
Europe and the US; increasing use as a money-laundering center; domestic
consumption of drugs in urban centers is increasing

This page was last updated on 1 January 2002

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