Argentina has lost ground relative to other economies
Fiscal policy adjusted only gradually
High interest rates attracted portfolio inflows
Capital inflows implied real appreciation and short-term vulnerabilities
Fiscal and external imbalances have widened
Inflation has spiked as targets have moved
Short-term indicators have deteriorated
Fiscal consolidation has been frontloaded
Gross public debt is stabilising under several scenarios
Currency reserves are low in international comparison
Labour market conditions have deteriorated
Exchange rate depreciation and core inflation are visibly correlated
External debt has risen
Main trading partners
Financial market indicators
Growth has been volatile
Inequalities exist in several dimensions
Poverty has declined and is lower than in other emerging economies
Public payroll expenditures are high
Social expenditures are rising while subsidies have declined
Transfers and taxes alleviate inequalities
Few people pay personal income tax
VAT revenues could be higher with stronger compliance and less use of reduced rates
Learning outcomes reflect quality shortcomings and inequalities
Education expenditures are high
Educational attainments compare well in secondary, but not in tertiary
Few students follow technical courses and careers
Labour market training policies could be expanded
Labour market regulations are relatively rigid
Perceived levels of corruption remain high
Tariff barriers are high
The financial sector is less developed than in other countries
Gross domestic saving is low
Greenhouse gas emissions are declining, except for energy
Native forest cover loss has slowed down but remains substantial
Green growth indicators