8.1 |
Argentina |
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Selected Economic and Social Data |
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1987 |
1988 |
1989 |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
1996 |
1997 |
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Population ('000) |
31,192 |
31,636 |
32,081 |
32,527 |
32,974 |
33,421 |
33,869 |
34,318 |
34,768 |
35,220 |
35,672 |
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Growth Rate (%) |
1.4 |
1.4 |
1.4 |
1.4 |
1.4 |
1.4 |
1.3 |
1.3 |
1.3 |
1.3 |
1.3 |
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National Accounts |
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GDP, current prices (m. pesos) |
23.33 |
111.1 |
3,244 |
68,922 |
180,898 |
226,847 |
257,569 |
281,645 |
280,000 |
295,535 |
317,261 |
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GDP, 1986 prices ('000 pesos) |
10,242 |
10,042 |
9,338 |
9,213 |
10,180 |
11,229 |
11,931 |
12,948 |
12,355 |
12,887 |
13,969 |
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Real GDP Growth Rate (%) |
2.6 |
(2.0) |
(7.0) |
(1.3) |
10.5 |
10.3 |
6.3 |
8.5 |
(4.6) |
4.3 |
8.4 |
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Real Per Capita GDP (1986 pesos) |
0.3284 |
0.3174 |
0.2911 |
0.2832 |
0.3087 |
0.3360 |
0.3523 |
0.3773 |
0.3554 |
0.3659 |
0.3916 |
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Real Per Cap. GDP Growth Rate (%) |
1.1 |
(3.3) |
(8.3) |
(2.7) |
9.0 |
8.8 |
4.8 |
7.1 |
(5.8) |
3.0 |
7.0 |
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Gross Domestic Investment/GDP (%) |
19.6 |
18.6 |
15.5 |
14.0 |
14.6 |
16.7 |
18.4 |
20.0 |
18.0 |
18.4 |
21.9 |
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Prices |
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GDP Deflator (1986=100) |
228 |
1,106 |
34,740 |
748,095 |
1,776,994 |
2,020,189 |
2,158,822 |
2,175,201 |
2,266,289 |
2,293,280 |
2,271,179 |
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Annual Change (%) |
127.8 |
385.7 |
3,040.0 |
2,053.4 |
137.5 |
13.7 |
6.9 |
0.8 |
4.2 |
1.2 |
(1.0) |
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Consumer Prices (1990=100) |
0.050 |
0.130 |
4.143 |
100.000 |
271.700 |
339.300 |
375.300 |
391.000 |
404.200 |
404.800 |
407.000 |
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Annual Change (%) |
131.3 |
343.0 |
3,079.8 |
2,313.7 |
171.7 |
24.9 |
10.6 |
4.2 |
3.4 |
0.1 |
0.5 |
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Balance of Payments (US$m) |
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Current Account Balance |
(4,235) |
(1,572) |
(1,305) |
4,552 |
(647) |
(5,462) |
(7,672) |
(10,118) |
(2,768) |
(3,787) |
(10,119) |
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Exports, fob |
6,360 |
9,134 |
9,573 |
12,354 |
11,978 |
12,235 |
13,117 |
15,839 |
20,964 |
23,811 |
25,223 |
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Imports, fob |
5,343 |
4,892 |
3,864 |
3,726 |
7,559 |
13,685 |
15,543 |
20,077 |
18,726 |
22,189 |
28,418 |
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Trade Balance |
1,017 |
4,242 |
5,709 |
8,628 |
4,419 |
(1,450) |
(2,426) |
(4,238) |
2,238 |
1,622 |
(3,195) |
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Services, net |
(5,244) |
(5,814) |
(7,022) |
(5,074) |
(5,859) |
(4,742) |
(5,780) |
(6,305) |
(5,480) |
(5,769) |
(7,316) |
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Transfers, net |
(8) |
0 |
8 |
998 |
793 |
730 |
534 |
425 |
474 |
360 |
392 |
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Capital Account Balance |
3,045 |
3,625 |
(272) |
(2,145) |
3,028 |
8,363 |
12,149 |
10,674 |
2,707 |
7,570 |
13,176 |
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Direct Investment, net |
(19) |
1,147 |
1,028 |
1,836 |
2,439 |
4,019 |
3,262 |
2,982 |
4,628 |
4,885 |
6,298 |
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Portfolio Investment, net |
(96) |
(656) |
2,618 |
(1,309) |
483 |
910 |
28,304 |
4,537 |
5,173 |
10,868 |
10,448 |
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Other Investment, net |
3,160 |
3,134 |
(3,918) |
(2,672) |
106 |
3,434 |
(19,417) |
3,155 |
(7,094) |
(8,183) |
(3,570) |
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Errors and Omissions |
(112) |
(165) |
(249) |
715 |
(341) |
205 |
35 |
(16) |
12 |
(8) |
25 |
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Overall Balance |
(1,302) |
1,888 |
(1,826) |
3,122 |
2,040 |
3,106 |
4,512 |
540 |
(49) |
3,775 |
3,082 |
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External Debt |
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Debt Outstanding,12/31 (US$m) |
49,221 |
47,546 |
51,832 |
46,906 |
46,574 |
47,611 |
52,034 |
55,832 |
55,970 |
62,392 |
.. |
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Debt Outstanding/GDP (%) [a] |
45.1 |
37.4 |
67.6 |
33.2 |
24.6 |
20.8 |
20.2 |
19.8 |
20.0 |
21.1 |
.. |
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Debt Service/Exports (%) |
56.7 |
33.6 |
23.5 |
32.5 |
26.9 |
22.6 |
33.0 |
24.5 |
26.3 |
31.9 |
.. |
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Consolidated Nonfinancial Public Sector (% of GDP) |
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Current Revenue |
23.5 |
22.1 |
24.0 |
20.4 |
20.3 |
20.9 |
19.4 |
17.9 |
17.1 |
15.6 |
17.2 |
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Current Expenditures |
25.0 |
24.8 |
25.2 |
20.9 |
20.8 |
20.3 |
17.2 |
16.9 |
16.9 |
16.4 |
17.6 |
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Current Surplus/Deficit |
-1.5 |
-2.7 |
-1.2 |
-0.5 |
-0.5 |
0.6 |
2.2 |
1.0 |
0.2 |
-0.8 |
-0.4 |
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Capital Revenue |
0.1 |
0.3 |
0.5 |
0.4 |
1.0 |
0.8 |
0.3 |
0.3 |
0.5 |
0.2 |
0.2 |
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Capital Expenditures |
3.9 |
4.2 |
3.1 |
1.4 |
1.0 |
0.8 |
1.5 |
1.4 |
1.2 |
1.2 |
1.2 |
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Statistical Discrepancy |
0.3 |
0.6 |
.. |
.. |
.. |
.. |
.. |
.. |
.. |
.. |
.. |
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Overall Surplus/Deficit |
-5.0 |
-6.0 |
-3.8 |
-1.5 |
-0.5 |
0.6 |
1.0 |
-0.1 |
-0.5 |
-1.8 |
-1.4 |