0
4
8
12
16
20
0%
6%
12%
18%
24%
30%
25.7%
18.7
GDP per capita (€) and annual growth (%)
in Argentina and the EU-28
Public finances, monetary and financial data
GDP per capita
(left axis)
EU-28
Argentina
GDP growth
(right axis)
Argentina
EU-28
Argentina total unemployment and
female labour market participation
FDI and remittances to
Argentina and the EU-28
EU-28
Argentina
AG peso/€ exchange rate (right axis)
Argentina inflation rate (%, left axis)
30%
40%
50%
60%
70%
0%
5%
10%
15%
20%
55.3%
8.5%
Female labour force participation (right axis)
Total unemployment (left axis)
EU-28
(2017)
7.6%
51.0%
Remittances received (% of GDP)
FDI net inflows (% of GDP)
Argentina business environment and socio-economic indicators
The Ease of Doing Business’s ‘distance to frontier’ score assesses the overall level of regulatory performance of a country. It ranges from 0=’lowest performance’ to 100=’the frontier’, the best performance observed worldwide each year.
Rank
85/180 47/189 117/190 111/154Score
Ease of Doing Business
Human Development Index*
Corruption Perception Index
GINI Index*
Worst Best Best Worst 100 100 100 0 0 0 82.5 58.1 39.0 1000 42.4 The GINI Index measures the deviation of the distribution of income among individuals or households within a country from a perfectly equal distribution. It is hence a measure of inequality in income distribution. A value of 0 represents absolute equality, a value of 100 absolute inequality.
The Human Development Index (HDI) measures the average achievement in key dimensions of human development. It is based on life expectancy at birth, average duration of education and GDP per capita. It ranges from 0 to 100. ‘High human development countries’ (UN) are in the range between 70 and 80. The Corruption Perception Index measures the perceived levels of public–sector corruption worldwide. Scores range from 0 (highly corrupt) to 100 (very clean). In 2017, two thirds of countries scored below 50.
€ thousand
27.7
2.4%
2.9%
12.8
2002
2007
2012
2017
Public debt (% of GDP)
Surplus/deficit (% of GDP)
EU-28
Argentina
2007 2012 2017
2007 2012 2017
Argentina: Economic indicators and trade with EU
EPRS | European Parliamentary Research Service EUI | European University Institute
Authors: Giulio Sabbati and Gisela Grieger, Members’ Research Service
Marta Russo, Globalstat, EUI
PE 586.627 - December 2018
AT A GLANCE
EU exports of goods to Argentina (2017)
EU imports of goods from Argentina (2017)
EU trade with Argentina
0
2
4
6
8
10
12
2007 2009 2011
2013
2015
2017
10
8
Imports
Exports
2
5
Imports
Exports
€ billion
EU exports of services to Argentina (2016)
Other
Chemicals: 2.4%
Agri-food: 2.8%
Iron and steel: 2.9%
Organic chemicals
Plastic and rubber
Optical instruments
Oil, gas, coal
Pharmaceutical products
Cars and trucks
Mechanical appliances
and electrical
equipment
35.1% 12.4% 5.3% 5.1% 4.1% 3.0% 17.9% 9.0%Other
Cars and trucks:
2.6%Chemicals
Ores, slag and ash
Residues from food
industries, animal fodder
Agri-food
35.0% 5.8% 3.9% 11.9% 40.8%Other
Personal, cultural and
recreational:
2.0%ICT
Transport
Travel
Various business services
34.9%
28.4% 20.5%
6.5%
(Legal, accounting, consulting, public relations, Employment, market research, public opinion polling, trade-related, architectural, engineering, scientific, operating leasing , R&D, waste treatment and de-pollution)
7.7%
Other
Maintenance and repair:
2.0%Intellectual property
ICT
Transport
Various business
services
Travel
p p y
27.2% 21.3% 9.2% (Employment, legal, accounting, consulting, public relations, architectural, engineering, scientific, R&D, public opinion polling, waste treatment and de-pollution, trade-related) 20.8%12.0% 7.5%
EU imports of services from Argentina (2016)
Main trade partners (2017)
Trade in goods, exports plus imports
EU
US
Others
Other
APEC
members
Vietnam:
2.3%
India: 2.3%
Chile: 2.7%
US
China
EU-28
Brazil
21.9%
20.2%
AG
11.1%
EU-28
16.2%
13.4%
9.7%
Others
Other
APEC
members
Argentina
Japan: 3.5%
Turkey: 4.1%
Russia: 6.2%
Switzerland
China
US
16.9%
15.3
%
7.0%
17.0
%
29.5
%
EU
Others
Argentina: 0.5%
Top EU partners (2017)
Trade in goods
EU exports to Argentina
EU imports from Argenitna
3.9
2.8
2.4
2.1
1.3
1.2
1.0
0.8
0.5
0.3
0
2
4
DE
ES
IT
NL
FR
UK
BE
PL
DK
SE
Thousands
EU imports from
Argentina
EU export to Argentina
0
2
4
€ billion
Goods (2007-2017)
Services (2010-2016)
Imports
Exports
Imports
Exports
NotesGlobalStat is a project developed by the European University Institute’s Global Governance Programme (Italy) and the Francisco Manuel dos Santos Foundation (Portugal). Data sources for page 1: GDP figures and inflation are from IMF WEO (October 2017) and Eurostat (2018); Labour market data are from World Bank WDI based on ILO KILM (2017); FDI and remittances data are estimates from World Bank staff based on IMF BoP data (2017); HDI and GINI index is an average value for the period 2010-2017 as reported in the UNDP HDR (2017), and (*) is re-scaled from 0-1 to 0-100 for better comparability.
Data sources for page 2: EU trade with Argentina, Main trade partners (EU), Top EU partners (goods), EU exports of goods to Argentina (%) and EU imports of goods from Argentina (%) are from ComExt, Eurostat; Other APEC members = Australia, Brunei Darussalam, Canada, Chile, Hong Kong, Indonesia, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam; Trade in services are from Eurostat; Main trade partners (Argentina) are from IMF; Other APEC members = Australia, Brunei Darussalam, Canada, Hong Kong, Indonesia, Japan, South Korea, Malaysia, New Zealand, Papua New Guinea, Peru, Philippines, Russia, Singapore, Taiwan and Thailand.
This is an updated edition of an ‘At a Glance’ note published in September 2016.
This document is prepared for, and addressed to, the Members and staff of the European Parliament as background material to assist them in their parliamentary work. The content of the document is the sole responsibility of its author(s) and any opinions expressed herein should not be taken to represent an official position of the Parliament. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the European Parliament is given prior notice and sent a copy. © European Union & GlobalStat, 2018.
eprs@ep.europa.eu (mail) http://www.eprs.ep.parl.union.eu (intranet) http://www.europarl.europa.eu/thinktank (internet) http://epthinktank.eu (blog)
globalstat@eui.eu(mail) http://www.globalstat.eu (internet)
