Unemployment in Argentina

Argentina Unemployment | Economic News & Forecasts

Argentina - Unemployment

The economy seemingly moved into a lower gear in Q1. Annual growth in economic activity slowed in the quarter. Moreover, consumer confidence dropped further, while inflation spiked. On top of this, the industrial sector expanded at a weaker pace than in Q4. Turning to Q2, a further deterioration in consumer confidence in April-May, coupled with rising inflation, bodes poorly for household spending and overall activity. Meanwhile, the country recently postponed payments on its over USD 2 billion debt to the Paris Club group until 2024 or until a new framework is agreed. Moreover, the government launched a tender to build a new gas pipeline from the Vaca Muerta shale formation, which could increase transport capacity by 25%, and is encouraging investment in the project. Finally, in order to reduce the fiscal deficit, an 'extraordinary income' tax was announced in June, which should mainly affect the grains industry.

Argentina - Unemployment Data

2015   2016   2017   2018   2019  
Unemployment Rate7.1  8.4  8.4  9.2  9.8  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Argentina Unemployment Chart


Argentina Unemployment
Note: Unemployment in % of active population.
Source: National Statistical Institute (INDEC).

Argentina Facts

Value Change Date
Bond Yield6.690.15 %Dec 17
Exchange Rate59.880.45 %Dec 30

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form