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ARGENTINA INFLATION RATE
The inflation rate in Argentina was last reported at 10.6percent
in January of 2011. From 1944 until 2010, theaverage inflation rate
in Argentina was 215.46 percentreaching an historical high of
20262.80 percent in March of1990 and a record low of -7.00 percent
in February of1954. Inflation rate refers to a general rise in
pricesmeasured against a standard level of purchasing power.The
most well known measures of Inflation are the CPIwhich measures
consumer prices, and the GDP deflator,
which measures inflation in the whole of the
domesticeconomy.
Year Inflation rate (consumer prices) Rank Percent Change Date
of Information
2003 41.00 % 7 2002, yearend
2004 13.40 % 29 -67.32 % 2003
2005 6.10 % 162 -54.48 % 2004 est.
2006 9.60 % 190 57.38 % 2005 est.
2007 9.80 % 186 2.08 % 2006
2008 8.80 % 180 -10.20 % 2007 est.
2009 9.60 % 131 -2.27 % 2008 est.
2010 7.70 % 177 -10.47 % 2009 est.
Unemployment rate
Argentinas urban labor force stood at 16.38 million in 2009. The
agriculture,industry and services sectors employed 1%, 23% and 76%,
respectively, of thetotal workforce in 2008. The unemployment rate
in 2009 was recorded at 9.6%,up from the 2008 figures, when the
rate was 7.875%. About 13.9% of the
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population lived below the poverty line, according to the
official governmentestimates.
Year Unemployment rate Rank Percent Change Date of
Information
2004 17.30 % 54 -19.53 % 2003
2005 14.80 % 127 -14.45 % 2004 est.
2006 11.60 % 116 -21.62 % 2005 est.
2007 8.70 % 100 -25.00 % 2006 est.
2008 8.50 % 108 -2.30 % 2007 est.
2009 7.90 % 107 -7.06 % 2008
2010 8.70 % 101 10.13 % 2009 est.
Argentina G.D.P
Argentinas GDP (PPP) was $558 billion, according to the 2009
estimates. The2009 GDP was up from $572.3 billion in 2008 and $545
billion in 2007. The GDP official exchange rate was $301.3 billion
in 2009. While the GDP growth ratefell to -2.5% in 2009, it was at
5% and 7.5% in 2008 and 2007, respectively,mirroring the adverse
effects of the global recession. The GDP (per capita) was
$13,800, according to the 2009 estimates, and was $14,400 and
$13,600according to 2008 and 2007 estimates, respectively.
Argentinas agriculture,industry and services sectors contributed
8.5%, 32.2% and 59.3%, respectively,to the nations GDP, according
to the 2009 estimates.
Year GDP - real growth rate Rank Percent Change Date of
Information
2003
-14.70 % 210 2002 est.
200
4
8.70 % 14 -159.18 % 2003 est.
2005
8.30 % 21 -4.60 % 2004 est.
2006
9.20 % 18 10.84 % 2005 est.
2007
8.50 % 26 -7.61 % 2006 est.
