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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 a bank run culminated in 2001 in the most serious economic, social, and political crisis in the country's turbulent history. Interim President Ad...  More..

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Economy of Argentina
SOURCE: CIA - The World Factbook
Currency Peso
Fiscal Year 01 January - 31 December
GDP (PPP) $558 billion (2009 est.)
GDP (per capita) $13,800 (2009 est.)
Exports $55.7 billion (2009)
Imports $38.71 billion (2009 est.)
Main Industries Food Processing, Motor Vehicles, Consumer Durables, Textiles, Chemicals and Petrochemicals, Printing, Metallurgy, Steel
Exports - Commodities Soybeans and Derivatives, Petroleum and Gas, Vehicles, Corn, Wheat
Imports - Commodities Machinery, Motor Vehicles, Petroleum and Natural Gas, Organic Chemicals, Plastics
Exports Partners Brazil 18.9%, China 9.1%, US 7.9%, Chile 6.7%, Netherlands 4.2% (2008)
Imports Partners Brazil 31.3%, China 12.4%, US 12.2%, Germany 4.4% (2008)

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