IMD World Competitiveness Booklet 2020

COMPETITIVENESS TRENDS - OVERALL ARGENTINA

OVERALL PERFORMANCE (63 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Buenos Aires

2016 2017 2018 2019 2020

2,780 2019 48.148 2019 44.94 2019 449.7 2019 20,284 2019 53.55 2019 8.90 2019 20.43 2019 -0.77 2019 72.8 2018 1.43 2019 -2.2 2019

55

56

58

Exchange Rate (per $)

61

62

20

Population - market size (millions)

CHALLENGES IN 2020 Respond adequately to Covid-19 challenge, keeping a balance with the need to restore economic activity and employment. • Respond adequately to Covid-19 challenge, keeping a balance with the need to restore economic activity and employment. • Assist the most vulnerable groups and sectors to endure the economic downturn. • Return to credit markets and reopen sources for public funding through a workable debt restructuration negotiation. • Keep anticyclical expansion of monetary aggregates and fiscal deficit consistent with the containment of inflationary pressures. • Resist protectionist pressures and implement a sensible competitive agenda.

26

Gross Domestic Product (GDP) (US$ billions)

51

GDP (PPP) per capita (US$)

62

Real GDP growth (%)

62

Consumer price inflation (%)

54

Unemployment rate (%)

20

Labor force (millions)

41

Current account balance (% of GDP)

48

Direct investment stocks inward ($bn)

Research Program on Economic Development and Institutions, Faculty of Economic Sciences, Catholic University of Argentina Provided by: Research Program on Economic Development and Institutions, Faculty of Economic Sciences, Catholic University of Argentina

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

41

46

47 46

49

50

51

51

53

55

55

56

58

60

62

62

62

62

62

63

PEER GROUPS RANKINGS THE AMERICAS (9 countries)

POPULATIONS > 20 MILLION (29 countries)

2016 2017 2018 2019 2020

2016 2017 2018 2019 2020

25

25

26

6

7

7

28

28

8

8

54

IMD WORLD COMPETITIVENESS BOOKLET 2020