IMD World Competitiveness Booklet 2021

COMPETITIVENESS TRENDS - OVERALL ARGENTINA

OVERALL PERFORMANCE (64 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Buenos Aires

2017 2018 2019 2020 2021

2,780 2020 70.539 2020 45.38 2020 383.1 2020 20,756 2020 42.02 2020 11.00 2020 21.21 2020 1.39 2020 69.2 2019 1.50 2019 -9.9 2020

56

58

Exchange Rate (per $)

61

62

63

20

Population - market size (millions)

CHALLENGES IN 2021 Effectively manage COVID-19 second wave in order to keep the recovery of economic activity. • Effectively manage COVID-19 second wave in order to keep the recovery of economic activity. • Sustain actual economic recovery consistent with the containment of inflationary pressures, through prudent monetary and fiscal measures. • Conclude a debt restructuration deal with IMF, to improve confidence and reopen sources for public funding. • Strengthen political dialog between government, opposition, and social partners to create a better investment climate. • Reform social transfers scheme in order to generate incentives for job creation. Provided by: Research Program on Economic Development and Institutions, Faculty of Economic Sciences, Catholic University of Argentina Research Program on Economic Development and Institutions, Faculty of Economic Sciences, Catholic University of Argentina

29

Gross Domestic Product (GDP) (US$ billions)

49

GDP (PPP) per capita (US$)

60

Real GDP growth (%)

63

Consumer price inflation (%)

55

Unemployment rate (%)

20

Labor force (millions)

32

Current account balance (% of GDP)

49

Direct investment stocks inward ($bn)

44

Direct investment flows inward (% of GDP)

COMPETITIVENESS LANDSCAPE

Economic Performance

Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance

Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

43

46

50

52 54

53

54

55

56

61

61

62

62

63

63

63

64

64 61 59

PEER GROUPS RANKINGS THE AMERICAS (9 countries)

POPULATIONS > 20 MILLION (29 countries)

2017 2018 2019 2020 2021

2017 2018 2019 2020 2021

25

26

6

7

28

28

28

8

8

8

52

IMD WORLD COMPETITIVENESS BOOKLET 2021