ARGENTINA INFLATION RATE

The inflation rate in Argentina was last reported at 10.6

percent in January of 2011. From 1944 until 2010, the
average inflation rate in Argentina was 215.46 percent
reaching an historical high of 20262.80 percent in March of
1990 and a record low of -7.00 percent in February of
1954. Inflation rate refers to a general rise in prices
measured against a standard level of purchasing power.
The most well known measures of Inflation are the CPI
which measures consumer prices, and the GDP deflator,
which measures inflation in the whole of the domestic
economy.

Year Inflation rate (consumer prices) Rank Percent Change Date of Information
2003 41.00 % 7 2002, yearend
2004 13.40 % 29 -67.32 % 2003
2005 6.10 % 162 -54.48 % 2004 est.
2006 9.60 % 190 57.38 % 2005 est.
2007 9.80 % 186 2.08 % 2006
2008 8.80 % 180 -10.20 % 2007 est.
2009 9.60 % 131 -2.27 % 2008 est.
2010 7.70 % 177 -10.47 % 2009 est.

Unemployment rate

Argentina’s urban labor force stood at 16.38 million in 2009. The agriculture,
industry and services sectors employed 1%, 23% and 76%, respectively, of the
total workforce in 2008. The unemployment rate in 2009 was recorded at 9.6%,
up from the 2008 figures, when the rate was 7.875%. About 13.9% of the
population lived below the poverty line, according to the official government
estimates.

Year Unemployment rate Rank Percent Change Date of Information

2004 17.30 % 54 -19.53 % 2003

2005 14.80 % 127 -14.45 % 2004 est.
2006 11.60 % 116 -21.62 % 2005 est.
2007 8.70 % 100 -25.00 % 2006 est.
2008 8.50 % 108 -2.30 % 2007 est.
2009 7.90 % 107 -7.06 % 2008
2010 8.70 % 101 10.13 % 2009 est.

Argentina G.D.P

Argentina’s GDP (PPP) was $558 billion, according to the 2009 estimates. The
2009 GDP was up from $572.3 billion in 2008 and $545 billion in 2007. The GDP
– official exchange rate was $301.3 billion in 2009. While the GDP growth rate
fell to -2.5% in 2009, it was at 5% and 7.5% in 2008 and 2007, respectively,
mirroring the adverse effects of the global recession. The GDP (per capita) was
$13,800, according to the 2009 estimates, and was $14,400 and $13,600
according to 2008 and 2007 estimates, respectively. Argentina’s agriculture,
industry and services sectors contributed 8.5%, 32.2% and 59.3%, respectively,
to the nation’s GDP, according to the 2009 estimates.

Year GDP - real growth rate Rank Percent Change Date of Information
200
-14.70 % 210 2002 est.
3
200
8.70 % 14 -159.18 % 2003 est.
4
200
8.30 % 21 -4.60 % 2004 est.
5
200
9.20 % 18 10.84 % 2005 est.
6
200
8.50 % 26 -7.61 % 2006 est.
7
200
8.70 % 26 2.35 % 2007 est.
8
200
6.80 % 41 -21.84 % 2008 est.
9
201
.90 % 102 -86.76 % 2009 est.
0