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Argentina Business Guide


Geography


Location:
Southern South America, bordering the South Atlantic Ocean, between Chile and Uruguay


Geographic coordinates:
34 00 S, 64 00 W


Map references:
South America


Area:
total:2,780,400 sq kmcountry comparison to the world: 8
land:2,736,690 sq km
water:43,710 sq km


Area - comparative:
Area comparison map: '>


Land boundaries:
total:11,968 km
border countries:Bolivia 942 km, Brazil 1,263 km, Chile 6,691 km, Paraguay 2,531 km, Uruguay 541 km


Coastline:
4,989 km


Maritime claims:
territorial sea:12 nm
contiguous zone:24 nm
exclusive economic zone:200 nm
continental shelf:200 nm or to the edge of the continental margin


Climate:
mostly temperate; arid in southeast; subantarctic in southwest


Terrain:
rich plains of the Pampas in northern half, flat to rolling plateau of Patagonia in south, rugged Andes along western border


Elevation extremes:
lowest point:Laguna del Carbon -105 m (located between Puerto San Julian and Comandante Luis Piedra Buena in the province of Santa Cruz)
highest point:Cerro Aconcagua 6,960 m (located in the northwestern corner of the province of Mendoza; highest point in South America)


    Natural resources:
fertile plains of the pampas, lead, zinc, tin, copper, iron ore, manganese, petroleum, uranium


Land use:
arable land:13.68%
permanent crops:0.36%
other:85.96% (2011)


Irrigated land:
15,500 sq km (2003)


Total renewable water resources:
814 cu km (2011)


Freshwater withdrawal (domestic/industrial/agricultural):
814 cu km (2011)

Natural hazards:
San Miguel de Tucuman and Mendoza areas in the Andes subject to earthquakes; pamperos are violent windstorms that can strike the pampas and northeast; heavy flooding in some areas


Environment - current issues:
environmental problems (urban and rural) typical of an industrializing economy such as deforestation, soil degradation, desertification, air pollution, and water pollution


Environment - international agreements:
party to:Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Seals, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Wetlands, Whaling
signed, but not ratified:Marine Life Conservation


Geography - note:
second-largest country in South America (after Brazil); strategic location relative to sea lanes between the South Atlantic and the South Pacific Oceans (Strait of Magellan, Beagle Channel, Drake Passage); diverse geophysical landscapes range from tropical climates in the north to tundra in the far south; Cerro Aconcagua is the Western Hemisphere's tallest mountain, while Laguna del Carbon is the lowest point in the Western Hemisphere



People and Society


Nationality:
noun: Argentine(s)
adjective:Argentine


Ethnic groups:
white (mostly Spanish and Italian) 97%, mestizo (mixed white and Amerindian ancestry), Amerindian, or other non-white groups 3%


Languages:
Spanish (official), Italian, English, German, French, indigenous (Mapudungun, Quechua)


Religions:
nominally Roman Catholic 92% (less than 20% practicing), Protestant 2%, Jewish 2%, other 4%


Demographic profile:
Argentina's population continues to grow but at a slower rate because of its steadily declining birth rate. Argentina's fertility decline began earlier than in the rest of Latin America, occurring most rapidly between the early 20th century and the 1950s and then becoming more gradual. Life expectancy has been improving, most notably among the young and the poor. While the population under age 15 is shrinking, the youth cohort - ages 15-24 - is the largest in Argentina's history and will continue to bolster the working-age population. If this large working-age population is well-educated and gainfully employed, Argentina is likely to experience an economic boost and possibly higher per capita savings and investment. Although literacy and primary school enrollment are nearly universal, grade repetition is problematic and secondary school completion is low. Both of these issues vary widely by region and socioeconomic group.


Population:
43,024,374 (July 2014 est.)country comparison to the world: 33


Age structure:
0-14 years:24.9% (male 5,486,989/female 5,233,968)
15-24 years:15.7% (male 3,445,086/female 3,301,168)
25-54 years:38.9% (male 8,345,893/female 8,391,445)
55-64 years:9.1% (male 1,895,965/female 2,017,330)
65 years and over:11.4% (male 2,036,545/female 2,869,985) (2014 est.)


Dependency ratios:
total dependency ratio:54.1 %
youth dependency ratio:37 %
elderly dependency ratio:17.1 %
potential support ratio:5.9 (2014 est.)


Median age:
total:31.2 years
male:30.1 years
female:32.3 years (2014 est.)


Population growth rate:
0.95% (2014 est.)country comparison to the world: 123


Birth rate:
16.88 births/1,000 population (2014 est.)country comparison to the world: 113


Death rate:
7.34 deaths/1,000 population (2014 est.)country comparison to the world: 119


Net migration rate:
0 migrant(s)/1,000 population (2014 est.)country comparison to the world: 95


Urbanization:
urban population:92.5% of total population (2011)
rate of urbanization:1.01% annual rate of change (2010-15 est.)


Major urban areas - population:
BUENOS AIRES (capital) 13.528 million; Cordoba 1.556 million; Rosario 1.283 million; Mendoza 957,000; San Miguel de Tucuman 868,000; La Plata 759,000 (2011)


Sex ratio:
at birth:1.05 male(s)/female
0-14 years:1.05 male(s)/female
15-24 years:1.04 male(s)/female
25-54 years:1 male(s)/female
55-64 years:0.97 male(s)/female
65 years and over:0.7 male(s)/female
total population:0.97 male(s)/female (2014 est.)


    Maternal mortality rate:
77 deaths/100,000 live births (2010)


Infant mortality rate:
total:9.96 deaths/1,000 live birthscountry comparison to the world: 141
male:11.15 deaths/1,000 live births
female:8.71 deaths/1,000 live births (2014 est.)


Life expectancy at birth:
total population:77.51 yearscountry comparison to the world: 66
male:74.28 years
female:80.91 years (2014 est.)


Total fertility rate:
2.25 children born/woman (2014 est.)country comparison to the world: 97


Contraceptive prevalence rate:
78.9% (2004/05)


Health expenditures:
8.1% of GDP (2011)


Physicians density:
3.16 physicians/1,000 population (2004)


Hospital bed density:
4.5 beds/1,000 population (2011)


Drinking water source:
improved:
urban: 99% of population
rural: 95.3% of population
total: 98.7% of population
unimproved:
urban: 1% of population
rural: 4.7% of population
total: 1.3% of population (2012 est.)


Sanitation facility access:
improved:
urban: 97.1% of population
rural: 99.4% of population
total: 97.2% of population
unimproved:
urban: 2.9% of population
rural: 0.6% of population
total: 2.8% of population (2012 est.)


HIV/AIDS - adult prevalence rate:
0.4% (2012 est.)country comparison to the world: 75


HIV/AIDS - people living with HIV/AIDS:
97,900 (2012 est.)country comparison to the world: 45


HIV/AIDS - deaths:
3,700 (2012 est.)country comparison to the world: 47


Obesity - adult prevalence rate:
29.7% (2008)country comparison to the world: 29


Children under the age of 5 years underweight:
2.3% (2005)country comparison to the world: 117


Education expenditures:
6.3% of GDP (2011)country comparison to the world: 32

Literacy:
definition:age 10 and over can read and write
total population:97.9%
male:97.8%
female:97.9% (2011 est.)


School life expectancy (primary to tertiary education):
total:17 years
male:16 years
female:18 years (2011)


Child labor - children ages 5-14:



Unemployment, youth ages 15-24:
total:18.3%country comparison to the world: 68
male:15.3%
female:23.1% (2011)


Government


Country name:
conventional long form: Argentine Republic
conventional short form:Argentina
local long form:Republica Argentina
local short form:Argentina


Government type:
republic


Capital:
name:Buenos Aires
geographic coordinates:34 35 S, 58 40 W
time difference:UTC-3 (2 hours ahead of Washington, DC, during Standard Time)
daylight saving time:none scheduled for 2014


Administrative divisions:
23 provinces (provincias, singular - provincia) and 1 autonomous city*; Buenos Aires, Catamarca, Chaco, Chubut, Ciudad Autonoma de Buenos Aires*, Cordoba, Corrientes, Entre Rios, Formosa, Jujuy, La Pampa, La Rioja, Mendoza, Misiones, Neuquen, Rio Negro, Salta, San Juan, San Luis, Santa Cruz, Santa Fe, Santiago del Estero, Tierra del Fuego - Antartida e Islas del Atlantico Sur (Tierra del Fuego), Tucuman


Independence:
9 July 1816 (from Spain)


National holiday:
Revolution Day, 25 May (1810)


Constitution:
several previous; latest effective 11 May 1853; amended many times, last in 1994 (2013)


Legal system:
civil law system based on West European legal systems; note - as of January 2013, Congress was deliberating a government-backed reform to the civil code


International law organization participation:
has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction


Suffrage:
18-70 years of age; universal and compulsory; 16-17 years of age - optional


Executive branch:
chief of state:President Cristina FERNANDEZ DE KIRCHNER (since 10 December 2007); Vice President Amado BOUDOU (since 10 December 2011); note - the president is both chief of state and head of government
head of government:President Cristina FERNANDEZ DE KIRCHNER (since 10 December 2007); Vice President Amado BOUDOU (since 10 December 2011)
cabinet:Cabinet appointed by the president
elections:president and vice president elected on the same ticket by popular vote for four-year terms (eligible for a second consecutive term); election last held on 23 October 2011 (next election to be held in October 2015)
election results:Cristina FERNANDEZ DE KIRCHNER reelected president; percent of vote - Cristina FERNANDEZ DE KIRCHNER 54%, Hermes BINNER 16.9%, Ricardo ALFONSIN 11.1%, Alberto Rodriguez SAA 8%, Eduardo DUHALDE 5.9%, other 4.1%


Legislative branch:
bicameral National Congress or Congreso Nacional consists of the Senate (72 seats; members are elected by direct vote; presently one-third of the members elected every two years to serve six-year terms) and the Chamber of Deputies (257 seats; members are elected by direct vote; one-half of the members elected every two years to serve four-year terms)
elections:Senate - last held on 27 October 2013 (next to be held October 2015); Chamber of Deputies - last held on 27 October 2013 (next to be held October 2015)
election results:Senate - percent of vote by bloc or party - NA; seats by bloc or party - FpV 32, UCR 17, dissident Peronists 7, FAP and UNEN 7, FpV allies 6, PRO and allies 3, other 6; Chamber of Deputies - percent of vote by bloc or party - NA; seats by bloc or party - FpV 18, FpV allies 14, UCR 10, dissident Peronists 34, FAP and UNEN 21, PRO 16, CC 3, other 14


Judicial branch:
highest court(s):Supreme Court or Corte Suprema (consists of the court president, vice-president, and 5 judges)
note - Argentina has a system of federal and provincial courts
judge selection and term of office:judges nominated by the president and approved by the Senate; judges serve for life
subordinate courts:federal level appellate, district, and territorial courts; provincial level supreme, appellate, and first instance courts


    Political parties and leaders:
Broad Progressive Front or FAP [Hermes BINNER]
Civic Coalition or CC (a broad coalition loosely affiliated with Elisa CARRIO)
Dissident Peronists (PJ Disidente) or Federal Peronism (a sector of the Justicialist Party opposed to the Kirchners)
Front for Victory or FpV (a broad coalition, including elements of the PJ, UCR, and numerous provincial parties) [Cristina FERNANDEZ DE KIRCHNER]
Peronist (or Justicialist) Party or PJ [vacant]
Radical Civic Union or UCR [Mario BARLETTA]
Republican Proposal or PRO [Mauricio MACRI]
Socialist Party or PS [Ruben GIUSTINIANI]
numerous provincial parties


Political pressure groups and leaders:
Argentine Association of Pharmaceutical Labs (CILFA)


International organization participation:
AfDB (nonregional member), Australia Group, BCIE, BIS, CAN (associate), CD, CELAC, FAO, FATF, G-15, G-20, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAES, LAIA, Mercosur, MIGA, MINURSO, MINUSTAH, NAM (observer), NSG, OAS, OPANAL, OPCW, Paris Club (associate), PCA, SICA (observer), UN, UN Security Council (temporary), UNASUR, UNCTAD, UNESCO, UNFICYP, UNHCR, UNIDO, Union Latina (observer), UNTSO, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO, ZC


Diplomatic representation in the US:
chief of mission:Ambassador Maria Cecilia NAHON (since 19 February 2013)
chancery:1600 New Hampshire Avenue NW, Washington, DC 20009
telephone:[1] (202) 238-6400
FAX:[1] (202) 332-3171
consulate(s) general:Atlanta, Chicago, Houston, Los Angeles, Miami, New York


Diplomatic representation from the US:
chief of mission:Ambassador (vacant); Charge d'Affaires Kevin K. SULLIVAN (since June 2013)
embassy:Avenida Colombia 4300, C1425GMN Buenos Aires
mailing address:international mail: use embassy street address; APO address: US Embassy Buenos Aires, Unit 4334, APO AA 34034
telephone:[54] (11) 5777-4533
FAX:[54] (11) 5777-4240


Flag description:
three equal horizontal bands of light blue (top), white, and light blue; centered in the white band is a radiant yellow sun with a human face known as the Sun of May; the colors represent the clear skies and snow of the Andes; the sun symbol commemorates the appearance of the sun through cloudy skies on 25 May 1810 during the first mass demonstration in favor of independence; the sun features are those of Inti, the Inca god of the sun


National symbol(s):
Sun of May (a sun-with-face symbol)


National anthem:
name:'Himno Nacional Argentino' (Argentine National Anthem)

lyrics/music:Vicente LOPEZ y PLANES/Jose Blas PARERA
note:adopted 1813; Vicente LOPEZ was inspired to write the anthem after watching a play about the 1810 May Revolution against Spain


Economy


Economy - overview:
Argentina benefits from rich natural resources, a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Although one of the world's wealthiest countries 100 years ago, Argentina suffered during most of the 20th century from recurring economic crises, persistent fiscal and current account deficits, high inflation, mounting external debt, and capital flight. A severe depression, growing public and external indebtedness, and an unprecedented bank run culminated in 2001 in the most serious economic, social, and political crisis in the country's turbulent history. Interim President Adolfo RODRIGUEZ SAA declared a default - at the time the largest ever - on the government's foreign debt in December of that year, and abruptly resigned only a few days after taking office. His successor, Eduardo DUHALDE, announced an end to the peso's decade-long 1-to-1 peg to the US dollar in early 2002. The economy bottomed out that year, with real GDP 18% smaller than in 1998 and almost 60% of Argentines under the poverty line. Real GDP rebounded to grow by an average 8.5% annually over the subsequent six years, taking advantage of previously idled industrial capacity and labor, an audacious debt restructuring and reduced debt burden, excellent international financial conditions, and expansionary monetary and fiscal policies. Inflation also increased, however, during the administration of President Nestor KIRCHNER, which responded with price restraints on businesses, as well as export taxes and restraints, and beginning in 2007, with understating inflation data. Cristina FERNANDEZ DE KIRCHNER succeeded her husband as President in late 2007, and the rapid economic growth of previous years began to slow sharply the following year as government policies held back exports and the world economy fell into recession. The economy in 2010 rebounded strongly from the 2009 recession, but has slowed since late 2011 even as the government continued to rely on expansionary fiscal and monetary policies, which have kept inflation in the double digits. The government expanded state intervention in the economy throughout 2012. In May 2012 the Congress approved the nationalization of the oil company YPF from Spain's Repsol. The government expanded formal and informal measures to restrict imports during the year, including a requirement for pre-registration and pre-approval of all imports. In July 2012 the government also further tightened currency controls in an effort to bolster foreign reserves and stem capital flight. During 2013, the government continued with a mix expansionary fiscal and monetary policies and foreign exchange and imports controls to limit the drain in Central Bank foreign reserves, which nevertheless dropped US $12 billion during the year. GDP grew 3% and inflation remained steady at 25%, according to private estimates. In October 2013, the government settled long-standing international arbitral disputes (including with three US firms) dating back to before and following the 2002 Argentine financial crisis. In early 2014, the government embraced a series of more orthodox economic policies. It devalued the peso 20%, substantially tightened monetary and fiscal policies, and took measures to mend ties with the international financial community, including: engaging with the IMF to improve its economic data reporting, reaching a compensation agreement with Repsol for the expropriation of YPF, and presenting a proposal to pay its arrears to the Paris Club.


GDP (purchasing power parity):
$771 billion (2013 est.)
country comparison to the world: 23
$745.2 billion (2012 est.)
$731.3 billion (2011 est.)
note:data are in 2013 US dollars


GDP (official exchange rate):
$484.6 billion (2013 est.)


GDP - real growth rate:
3.5% (2013 est.)
country comparison to the world: 95
1.9% (2012 est.)
8.9% (2011 est.)


GDP - per capita (PPP):
$18,600 (2013 est.)
country comparison to the world: 75
$18,200 (2012 est.)
$18,000 (2011 est.)
note:data are in 2013 US dollars


Gross national saving:
24.6% of GDP (2013 est.)
country comparison to the world: 51
24% of GDP (2012 est.)
25.6% of GDP (2011 est.)


GDP - composition, by end use:
household consumption:55.5%
government consumption:18%
investment in fixed capital:22%
investment in inventories:3.1%
exports of goods and services:20.3%
imports of goods and services:-18.9%
(2013 est.)


GDP - composition, by sector of origin:
agriculture:9.3%
industry:29.7%
services:61% (2013 est.)


Agriculture - products:
sunflower seeds, lemons, soybeans, grapes, corn, tobacco, peanuts, tea, wheat; livestock


Industries:
food processing, motor vehicles, consumer durables, textiles, chemicals and petrochemicals, printing, metallurgy, steel


Industrial production growth rate:
2.7%
country comparison to the world: 112
note:based on private sector estimates (2013 est.)


Labor force:
17.32 million
country comparison to the world: 36
note:urban areas only (2013 est.)



    Labor force - by occupation:
agriculture:5%
industry:23%
services:72% (2009 est.)


Unemployment rate:
7.5% (2013 est.)
country comparison to the world: 82
7.2% (2012 est.)


Population below poverty line:
30%


Household income or consumption by percentage share:
lowest 10%:1.5%
highest 10%:32.3% (2010 est.)


Distribution of family income - Gini index:
45.8 (2009)
country comparison to the world: 36

Budget:
revenues:$129.6 billion
expenditures:$145.3 billion (2013 est.)


Taxes and other revenues:
26.8% of GDP (2013 est.)
country comparison to the world: 111

Budget surplus (+) or deficit (-):
-3.2% of GDP (2013 est.)
country comparison to the world: 127


Public debt:
45.8% of GDP (2013 est.)
country comparison to the world: 80
44.8% of GDP (2012 est.)


Fiscal year:
calendar year


Inflation rate (consumer prices):
20.8% (2013 est.)
country comparison to the world: 218
25.3% (2012 est.)
note:data are derived from private estimates


Central bank discount rate:
NA%


Commercial bank prime lending rate:
16.4% (31 December 2013 est.)
country comparison to the world: 48
14.06% (31 December 2012 est.)


Stock of narrow money:
$70.25 billion (31 December 2013 est.)
country comparison to the world: 43
$65.63 billion (31 December 2012 est.)


Stock of broad money:
$145 billion (31 December 2013 est.)
country comparison to the world: 47
$145.9 billion (31 December 2012 est.)


Stock of domestic credit:
$157.7 billion (31 December 2013 est.)
country comparison to the world: 46
NA% (31 December 2012 est.)


Market value of publicly traded shares:
$34.24 billion (31 December 2012 est.)


Current account balance:
-$2.371 billion (2013 est.)
country comparison to the world: 148
$106.9 million (2012 est.)


Exports:
$85.08 billion (2013 est.)
country comparison to the world: 44
$80.91 billion (2012 est.)


Exports - commodities:
soybeans and derivatives, petroleum and gas, vehicles, corn, wheat


Exports - partners:
Brazil 20.4%, China 7.4%, Chile 6%, US 5.2% (2012)


Imports:
$71.3 billion (2013 est.)
country comparison to the world: 42
$65.55 billion (2012 est.)


Imports - commodities:
machinery, motor vehicles, petroleum and natural gas, organic chemicals, plastics


Imports - partners:
Brazil 27.2%, US 15.6%, China 11.9%, Germany 4.5% (2012)


Reserves of foreign exchange and gold:
$33.65 billion (31 December 2013 est.)
country comparison to the world: 50
$43.25 billion (31 December 2012 est.)


Debt - external:
$111.5 billion (31 December 2013 est.)
country comparison to the world: 45
$113.7 billion (31 December 2012 est.)


Stock of direct foreign investment - at home:
$115.9 billion (31 December 2013 est.)
country comparison to the world: 39
$107.1 billion (31 December 2012 est.)


Stock of direct foreign investment - abroad:
$34.21 billion (31 December 2013 est.)
country comparison to the world: 40
$32.91 billion (31 December 2012 est.)


Exchange rates:
Argentine pesos (ARS) per US dollar -
5.447 (2013 est.)
4.5369 (2012 est.)
3.8963 (2010 est.)
3.7101 (2009)
3.1636 (2008)


Energy


Electricity - production:
119.3 billion kWh (2010 est.)
country comparison to the world: 30


Electricity - consumption:
111.1 billion kWh (2010 est.)
country comparison to the world: 31


Electricity - exports:
1.701 billion kWh (2010 est.)
country comparison to the world: 44


Electricity - imports:
10.3 billion kWh (2010 est.)
country comparison to the world: 22


Electricity - installed generating capacity:
32.87 million kW (2010 est.)
country comparison to the world: 26


Electricity - from fossil fuels:
66.2% of total installed capacity (2010 est.)
country comparison to the world: 117


Electricity - from nuclear fuels:
3.1% of total installed capacity (2010 est.)
country comparison to the world: 24


Electricity - from hydroelectric plants:
27.6% of total installed capacity (2010 est.)
country comparison to the world: 82


Electricity - from other renewable sources:
0.2% of total installed capacity (2010 est.)
country comparison to the world: 93


Crude oil - production:
723,200 bbl/day (2012 est.)
country comparison to the world: 27


Crude oil - exports:
90,920 bbl/day (2010 est.)
country comparison to the world: 38


Crude oil - imports:
0 bbl/day (2010 est.)
country comparison to the world: 155


    Crude oil - proved reserves:
2.805 billion bbl (1 January 2013 est.)
country comparison to the world: 32


Refined petroleum products - production:
622,200 bbl/day (2010 est.)
country comparison to the world: 27


Refined petroleum products - consumption:
678,100 bbl/day (2011 est.)
country comparison to the world: 27


Refined petroleum products - exports:
94,500 bbl/day (2010 est.)
country comparison to the world: 44


Refined petroleum products - imports:
76,550 bbl/day (2010 est.)
country comparison to the world: 58


Natural gas - production:
38.77 billion cu m (2011 est.)
country comparison to the world: 24


Natural gas - consumption:
43.29 billion cu m (2010 est.)
country comparison to the world: 22


Natural gas - exports:
200 million cu m (2011 est.)
country comparison to the world: 49


Natural gas - imports:
7.57 billion cu m (2011 est.)
country comparison to the world: 33


Natural gas - proved reserves:
332.5 billion cu m (1 January 2013 est.)
country comparison to the world: 39


Carbon dioxide emissions from consumption of energy:
190.6 million Mt (2011 est.)



Communications


Telephones - main lines in use:
10 million (2012)
country comparison to the world: 22


Telephones - mobile cellular:
58.6 million (2012)
country comparison to the world: 23


Telephone system:
general assessment:in 1998 Argentina opened its telecommunications market to competition and foreign investment encouraging the growth of modern telecommunications technology; fiber-optic cable trunk lines are being installed between all major cities; major networks are entirely digital and the availability of telephone service is improving
domestic:microwave radio relay, fiber-optic cable, and a domestic satellite system with 40 earth stations serve the trunk network; fixed-line teledensity is increasing gradually and mobile-cellular subscribership is increasing rapidly; broadband Internet services are gaining ground
international:country code - 54; landing point for the Atlantis-2, UNISUR, South America-1, and South American Crossing/Latin American Nautilus submarine cable systems that provide links to Europe, Africa, South and Central America, and US; satellite earth stations - 112; 2 international gateways near Buenos Aires (2011)



    Broadcast media:
government owns a TV station and a radio network; more than 2 dozen TV stations and hundreds of privately owned radio stations; high rate of cable TV subscription usage (2007)


Internet country code:
.ar


Internet hosts:
11.232 million (2012)
country comparison to the world: 13


Internet users:
13.694 million (2009)
country comparison to the world: 28



Transportation


Airports
1,138 (2013)
country comparison to the world: 6


Airports - with paved runways
total:161
over 3,047 m:4
2,438 to 3,047 m:29
1,524 to 2,437 m:65
914 to 1,523 m:53
under 914 m:10 (2013)


Airports - with unpaved runways
total:977
over 3,047 m:1
2,438 to 3,047 m:1
1,524 to 2,437 m:43
914 to 1,523 m:484
under 914 m:
448 (2013)


Heliports
2 (2013)


Pipelines
gas 29,930 km; liquid petroleum gas 41 km; oil 6,248 km; refined products 3,631 km (2013)


Railways
total:36,966 kmcountry comparison to the world: 8
broad gauge:26,475 km 1.676-m gauge (94 km electrified)
standard gauge:2,780 km 1.435-m gauge (42 km electrified)
narrow gauge:7,711 km 1.000-m gauge (2008)


    Roadways
total:231,374 kmcountry comparison to the world: 21
paved:69,412 km (includes 734 km of expressways)
unpaved:161,962 km (2004)


Waterways
11,000 km (2012)
country comparison to the world: 11


Merchant marine
total:36country comparison to the world: 80
by type:bulk carrier 1, cargo 5, chemical tanker 6, container 1, passenger/cargo 1, petroleum tanker 18, refrigerated cargo 4
foreign-owned:14 (Brazil 1, Chile 6, Spain 3, Taiwan 2, UK 2)
registered in other countries:15 (Liberia 1, Panama 5, Paraguay 5, Uruguay 1, unknown 3) (2010)



Ports and terminals
major seaport(s):Bahia Blanca, Buenos Aires, La Plata, Punta Colorada, Ushuaia
river port(s):Arroyo Seco, Rosario, San Lorenzo-San Martin (Parana)
container port(s) (TEUs):Buenos Aires (1,851,701)
LNG terminal(s) (import):Bahia Blanca


Military


Military branches
Argentine Army (Ejercito Argentino), Navy of the Argentine Republic (Armada Republica; includes naval aviation and naval infantry), Argentine Air Force (Fuerza Aerea Argentina, FAA) (2013)


Military service age and obligation
18-24 years of age for voluntary military service (18-21 requires parental consent); no conscription; if the number of volunteers fails to meet the quota of recruits for a particular year, Congress can authorize the conscription of citizens turning 18 that year for a period not exceeding one year (2012)


Manpower available for military service
males age 16-49:10,038,967
females age 16-49:9,959,134 (2010 est.)


Manpower fit for military service
males age 16-49:8,458,362
females age 16-49:8,414,460 (2010 est.)


    Manpower reaching militarily significant age annually
male:339,503
female:323,170 (2010 est.)


Military expenditures
0.91% of GDP (2012)
country comparison to the world: 108
0.9% of GDP (2011)
0.91% of GDP (2010)


Military - note
the Argentine military is a well-organized force constrained by the country's prolonged economic hardship; the country has recently experienced a strong recovery, and the military is implementing a modernization plan aimed at making the ground forces lighter and more responsive (2008)


Transnational Issues


Disputes - international
Argentina continues to assert its claims to the UK-administered Falkland Islands (Islas Malvinas), South Georgia, and the South Sandwich Islands in its constitution, forcibly occupying the Falklands in 1982, but in 1995 agreed to no longer seek settlement by force; UK continues to reject Argentine requests for sovereignty talks; territorial claim in Antarctica partially overlaps UK and Chilean claims; uncontested dispute between Brazil and Uruguay over Braziliera/Brasiliera Island in the Quarai/Cuareim River leaves the tripoint with Argentina in question; in 2010, the ICJ ruled in favor of Uruguay's operation of two paper mills on the Uruguay River, which forms the border with Argentina; the two countries formed a joint pollution monitoring regime; the joint boundary commission, established by Chile and Argentina in 2001 has yet to map and demarcate the delimited boundary in the inhospitable Andean Southern Ice Field (Campo de Hielo Sur); contraband smuggling, human trafficking, and illegal narcotic trafficking are problems in the porous areas of the border with Bolivia


    Illicit drugs
a transshipment country for cocaine headed for Europe, heroin headed for the US, and ephedrine and pseudoephedrine headed for Mexico; some money-laundering activity, especially in the Tri-Border Area; law enforcement corruption; a source for precursor chemicals; increasing domestic consumption of drugs in urban centers, especially cocaine base and synthetic drugs (2008)

Information provided by CIA - The World Fact Book



Doing Business in Argentina 2017


           
 

 
Argentina

  Ease of Doing Business Rank
Overall DTF
116
57.45
 
 
Starting a Business (rank)
157
 
 
Protecting Minority Investors (rank)
51
 
  DTF
73.56
 
  DTF
61.67
 
  Procedures - Men (number)
14.0
 
  Strength of minority investor protection index (0-10)
6.2
 
  Time - Men (number)
25.0
 
  Extent of conflict of interest regulation index (0-10)
5.0
 
  Cost - Men (days)
9.3
 
  Extent of disclosure index (0-10)
7.0
 
  Procedures - Women (days)
14.0
 
  Extent of director liability index (0-10)
2.0
 
  Time - Women (% of income per capita)
25.0
 
  Ease of shareholder suits index (0-10)
6.0
 
  Cost - Women (% of income per capita)
9.3
 
  Extent of shareholder governance index (0-10)
7.3
 
  Paid-in min. capital (% of income per capita)
0.0
 
  Extent of shareholder rights index (0-10)
9.0
 
 

 
  Extent of ownership and control index (0-10)
6.0
 
  Dealing with Construction Permits (rank)
173
 
  Extent of corporate transparency index (0-10)
7.0
 
  DTF
51.17
 
 

 
  Procedures (number)
21.0
 
  Paying Taxes (rank)
178
 
  Time (days)
341.0
 
  DTF
39.76
 
  Cost (% of warehouse value)
2.8
 
  Payments (number per year)
9.0
 
  Building Quality Control Index(0-15)
11.0
 
  Time (hours per year)
359.0
 
  Quality of building regulations index (0-2)
2.0
 
  Total tax rate (% of profit)
106.0
 
  Quality control before construction index (0-1)
1.0
 
  Profit tax (% of profit)
3.9
 
  Quality control during construction index (0-3)
2.0
 
  Labor tax and contributions (% of profit)
29.3
 
  Quality control after construction index (0-3)
3.0
 
  Other taxes (% of profit)
108.1
 
  Liability and insurance regimes index (0-2)
1.0
 
  Postfiling index (0-100)
17.0
 
  Professional certifications index (0-4)
2.0
 
 
 
 
   
 
 
  Trading Across Borders (rank)
111
 
  Getting Electricity (rank)
91
 
  DTF
65.36
 
  DTF
69.98
 
  Time to export: Border compliance (hours)
21
 
  Procedures (number)
6.0
 
  Cost to export: Border compliance (USD)
150
 
  Time (days)
92.0
 
  Time to export: Documentary compliance (hours)
30
 
  Cost (% of income per capita)
32.2
 
  Cost to export: Documentary compliance (hours) (USD)
60
 
  Reliability of supply and transparency of tariff index (0-8)
5.0
 
  Time to import: Border compliance (hours)
60
 
  Total duration and frequency of outages per customer a year (0-3)
0.0
 
  Cost to import: Border compliance (USD)
1200
 
  Mechanisms for monitoring outages (0-1)
1.0
 
  Time to import: Documentary compliance (hours)
192
 
  Mechanisms for restoring service (0-1)
1.0
 
  Cost to import: Documentary compliance (USD)
120
 
  Regulatory monitoring (0-1)
1.0
 
   
 
 
  Financial deterrents aimed at limiting outages (0-1)
1.0
 
  Enforcing Contracts (rank)
50
 
  Communication of tariffs and tariff changes (0-1)
1.0
 
  DTF
64.81
 
  Price of electricity (US cents per kWh)
8.8
 
  Time (days)
660.0
 
   
 
 
  Cost (% of claim)
22.5
 
  Registering Property (rank)
114
 
  Quality of judicial processes index (0-18)
11.5
 
  DTF
56.32
 
   
 
 
  Procedures (number)
7.0
 
  Resolving Insolvency (rank)
98
 
  Time (days)
51.5
 
  DTF
41.87
 
  Cost (% of property value)
6.6
 
  Recovery rate (cents on the dollar)
22.6
 
  Quality of the land administration index (0-30)
13.0
 
  Time (years)
2.8
 
  Reliability of infrastructure index (0-8)
5.0
 
  Cost (% of estate)
14.5
 
  Transparency of information index (0-6)
2.0
 
  Outcome (0 as piecemeal sale and 1 as going concern)
0
 
  Geographic coverage index (0-8)
2.0
 
  Strength of insolvency framework index (0-16)
9.5
 
  Land dispute resolution index (0-8)
4.0
 
  Commencement of proceedings index (0-3)
2.5
 
  Equal access to property rights index (-2-0)
0.0
 
  Management of debtor's assets index (0-6)
4.0
 
 
 
 
  Reorganization proceedings index (0-3)
2.0
 
  Getting Credit (rank)
82
 
  Creditor participation index (0-4)
1.0
 
  DTF
50.00
 
   
 
 
  Strength of legal rights index (0-12)
2.0
 
   
 
 
  Depth of credit information index (0-8)
8.0
 
 
 
 
  Credit registry coverage (% of adults)
41.6
 
   
 
 
  Credit bureau coverage (% of adults)
100.0
 
 
 
 
 

 
   
 
 
 
 
 
 



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