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    Argentina Facts And Figures

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    Facts About Argentina

    Reviewed by Kathleen Peddicord

    Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.


    looking down on a street corner with outdoor stands selling a cariety of goods

    Argentina facts and figures provides information on population, inflation rate, seasons, taxes, economics, government, residency, and more.

    As a country in South America, Argentina is not one of the world’s current bargain destinations, and establishing legal residency can be a challenge. So, Buenos Aires might best be considered as a part-time retirement choice.

    You could spend winter here (remember, the seasons are reversed), enjoying one of the world’s most intriguing and exciting lifestyles while the snow is falling up north, and spend the rest of the year somewhere more affordable and closer to home

    Argentina makes about one-half of all the wine produced annually in South America. About half of this comes from Argentina’s Mendoza region, where the landscapes of red earth and purple grapes appear eternal. Argentina’s is a café culture, meaning the people value good wine, good coffee, and good conversation.

    Click here for currency conversion at today’s exchange rate.

    Information TypeArgentina Essential Data
    Population46.7 million (2024 est.)
    Gross Domestic Product PPP (GDP)US$1.41 billion (2024 est.)
    GDP Per CapitaUS$12,578 (2024 est.)
    Inflation Rate13.2% (2024 est.)
    CurrencyArgentine Peso (ARS)
    Exchange Rate Versus U.S. Dollar$1 = 869.193 ARS (April 2024)
    LanguageSpanish (official), Guarani and Quechua.
    CapitalBuenos Aires
    Population of Capital City15.6 million (2024 est.)
    TimezoneGMT – 3
    SeasonsSummer: December to March. Autumn: March to June. Winter: June to September. Spring: September to December.
    International DialingCode +54
    Electricity220V supply voltage and 50Hz
    Plug TypesC and I.Type C is the plug which has two round pins. And, type I has three flat pins in a triangular pattern.
    System of GovermentPresidential Republic
    Current LeaderPresident Javier Milei (since Dec. 2023)
    Income Tax Rate for Residents5% to 35%
    Self-employment Tax21.4% (Report quarterly income in April, July, October and January).
    Capital Gains Tax15%
    Corporate Tax25% to 35%
    Value-added Tax (VAT)21% for most items in Argentina.
    Property TaxAnnual payments. The tax rate varies by province and will be based on the estimated value of the property.
    Local Chamber of CommerceCámara Argentina de Comercio y Servicios Av. Leandro N. Alem 36 | CABA Buenos Aires, Argentina Tel: +54 11 5300-9000
    American Chamber of CommerceViamonte 1133, 8th Floor, Buenos Aires, Argentina. Tel: +54 11 4371 4500
    Primary ExportsSoybeans, meat, corn, wheat, delivery trucks and cars.
    Export PartnersBrazil, China, United States, Chile, and India.
    National AirlineAerolíneas Argentinas

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