Economy

Imports
$76.9 billion (2022). Refined Petroleum ($6.79B), Motor vehicles; parts and accessories (8701 to 8705) ($3.58B), Petroleum Gas ($3.49B), Cars ($1.89B), and Soybeans ($1.67B), importing mostly from China ($16.4B), Brazil ($15.4B), United States ($11.1B), Germany ($2.69B), and Paraguay ($1.91B).

Financial inclusion factors (over 15 years of  age)
• 66.3% have an account with a financial institution
• 28.9% have a credit card
• 35.1% have a mobile money account
• 24.3% make online purchases

Ease of doing business
Ease of conducting business is medium (rated 59 out of 100). Ranked 19th out of 32 Latin American and Caribbean countries. Ranked 126th out of 190 countries worldwide (2023, World Bank).

Exports
$87.2 billion (2022). Soybean Meal ($12B), Corn ($9.79B), Soybean Oil ($6.79B), Wheat ($4.77B), and Delivery Trucks ($4.53B), exporting mostly to Brazil ($12.6B), China ($8B), United States ($6.99B), Chile ($5.11B), and India ($4.38B).

In 2022, Argentina was the world’s biggest exporter of Soybean Meal ($12B), Soybean Oil ($6.79B), Ground Nuts ($818M), Bran ($480M), and Other Vegetable Residues and Waste ($331M)

Main local online stores
MercadoLibre, eBay and Amazon, Netshoes, Alibaba, Garbarino.com, Musimundo.com, Frávega, Apple and Cencosud

Economic freedom
‘Mostly not free’ (rated 49.9 out of 100). Ranked 27th out of 32 Latin American countries. Ranked 145th out of 186 countries worldwide (2024, Heritage Foundation and Wall Street Journal).

Global Innovation Index
Ranked 6th out of 19 Latin American and Caribbean countries, and 73rd out of 132 worldwide.

The Global Innovation Index captures the innovation
ecosystem performance of 132 economies and tracks the most recent global innovation trends.

Media

Media language Spanish

Information channels
The Grupo Clarin and La Nacion conglomerates are the main players in the national media. The top free-to-air TV networks – Telefe, America, El Nueve and El Trece – are privately owned. Public broadcasting has a minor role. Clarin and La Nacion are the leading national newspapers. The government does not routinely block or filter online content, says Freedom House.

The press

Clarin – popular daily
La Nacion – respected conservative daily
Cronica – tabloid daily
La Prensa – Argentina’s oldest newspaper
Pagina 12 – left-wing daily

Television

Telefe (Canal 11) – leading national network, operated by Grupo Telef
El Trece (Canal 13) – leading national network, operated by Grupo Clarin
El Nueve (Canal 9) – popular national network
America (Canal 2) – popular network
Todo Noticias – cable/satellite news channel owned by Grupo Clarin

Radio

Radio Mitre – talk radio, operated by Grupo Clarin
Radio Nacional – public
Radio America – private, news and entertainment
Radio Continental – private speech-based network
Los 40 Principales – private FM music network

News agency

Telam – state-run
Noticias Argentinas – set up by privately-owned newspapers
Infobae – news portal

Internet Data

Internet users
88.4% penetration, 40.58 million

Share of web traffic by device
58.15% mobile phones, 41.24% computers (laptops and desktops), 0.56% tablet devices and 0.04% other devices.

Median speed of mobile Internet connection
24.99  Mbps

Median speed of fixed Internet connection
75.89 Mbps

Mobile connection as a percentage of total population: 135.5%

Percentage of mobile connections that are broadband (3G-5G): 92.9%

Most popular web search engines
Google (97.88%), Bing (1.05%), Yahoo (0.85%), DuckduckGo (0.1%),  Ecosia (0.1%), Yandex Ru (0.01%)

Most used social media
Facebook (82.65%),  Instagram (6.8%), Pinterest (4.85%), Twitter (2.83%), YouTube (2.67%), Tumblr (0.13%)

Social statistics

Life expectancy
76 yrs (2022)

Current health expenditure
9.71% of GDP (2021)

Current education expenditure
94.5% of total expenditure in public institutions

Gender
In recent decades, women have gained access to many positions in the job market as well as in politics, economics, etc. However, some constraints keep women from advancing within a more predominant male job culture and helps explain the small numbers of women at the top level of many organizations.

Corruption perceptions Index
Argentina scored 38 out of 100, ranked 94 out 180 countries worldwide.

CO2 emissions
4.06 metric tons per capita.

Religion
Generally speaking, Argentina is a Catholic country, with the presence of some minorities, such as the Jewish community (2% of the population, concentrated in the area of Buenos Aires) and other minorities such as Muslims. Religion does not usually have any particular impact in the workplace.

Ethnicity
85% of the population in Argentina has European origin and 15% are of mixed origin. Sometimes, discrimination due to physical appearance does arise.

World Happiness Index
Argentina ranked 57 out of 146 countries, with a score of 5.967.