IMD World Competitiveness Booklet 2023

Argentina Competitiveness Trends – Overall

OVERALL PERFORMANCE (64 countries)

BASIC FACTS

Rank

2019

2020

2021

2022

2023

Capital Land area (square km '000)

2.780 2022 130,617 2022 Buenos Aires

61

62

62

Exchange rate (per $)

63

63

46,05 2022 19 632,8 2022 22 26.218 2022 50 5,2 2022 22 72,43 2022 63 7,10 2022 49 21,19 2021 19 -1,03 2022 34 98,9 2021 46 1,39 2021 48

Population - market size (millions)

Gross Domestic Product (GDP) (US$ billions)

CHALLENGES IN 2023

GDP (PPP) per capita (US$)

• Accommodate the impact of growing uncertainty on the exchange rate due to the upcoming presidential elections. • Control inflation through prudent monetary, financial, and fiscal measures, in line with the IMF deal. • Reverse production stagnation and balance on goods deficit in the energy sector, encouraging new investments. • 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: Shaw Institute for Business Research, Catholic University of Argentina, Buenos Aires

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 & Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health & Environment Education

49

50 53

50

51 50

55

56 55

58 58

59

62 61 58 63 63

64

64 62

PEER GROUPS RANKINGS THE AMERICAS (9 countries)

POPULATIONS > 20 MILLION (27 countries)

2019

2020

2021

2022

2023

2019

2020

2021

2022

2023

8

8

8

8

8

26

26

26

26

26

56 Competitiveness Country Profiles