Living Standards in Argentina Have Fallen Sharply


 
GDP per capita has fallen over the past decade, underperformed most Emerging Markets, and fallen seriously behind other South American countries.

Argentina's GDP per Capita Growth
Index: 1995=100
Living Standards in Argentina Have Fallen Sharply


Living Standards in Argentina Have Fallen Sharply

* GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data.



Real GDP per capita in Argentina is only 19% higher than it was a quarter of a century ago and has dropped by 12% since 2011. Argentina’s growth in living standards is hampered by poor governance. The World Economics Governance Factors Index rates Argentina at only 58.0 in line with other badly performing South American economies like Brazil.

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