IMD World Competitiveness Booklet 2022

Argentina Competitiveness Trends – Overall

OVERALL PERFORMANCE (63 countries)

BASIC FACTS

Rank

2018

2019

2020

2021

2022

Capital Land area (square km '000)

2,780 2021 94.991 2021 Buenos Aires

56

Exchange Rate (per $)

61

45.81 2021 19 491.5 2021 26 23,614 2021 49 10.3 2021 07 48.41 2021 62 8.20 2021 51 21.31 2021 19 1.38 2021 25 85.5 2020 48 1.03 2020 41

62

62

Population - market size (millions)

63

Gross Domestic Product (GDP) (US$ billions)

CHALLENGES IN 2022

GDP (PPP) per capita (US$)

• Strengthen consensus building between political and economic actors to create a better investment climate. • Control inflation through prudent monetary and fiscal measures, according to the debt restructuration deal with IMF. • Reverse production stagnation, and balance on goods deficit. Encourage new investments in energy sector. • Foster competition in key price maker sectors. • Continue reform of social transfers scheme, to generate incentives for job creation.

Real GDP growth (%)

Consumer price inflation (%)

Unemployment rate (%)

Labor force (millions)

Current account balance (% of GDP)

Direct investment stocks inward ($bn)

Direct investment flows inward (% of GDP)

PROVIDED BY: Research Department, Faculty of Economic Sciences, Catholic University of Argentina

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

33

47 46

50

50 45

51

53

57 58

58 60 63 62 59 60

62

63

63 60

PEER GROUPS RANKINGS THE AMERICAS (9 countries)

POPULATIONS > 20 MILLION (27 countries)

2018

2019

2020

2021

2022

2018

2019

2020

2021

2022

24

6

26

26

26

26

8

8

8

8

52 Competitiveness Country Profiles