## Argentina: Recent Economic Developments

_IMF Staff Country Reports, December 1, 1995_

## Source details

**Canonical URL:** [Argentina: Recent Economic Developments](https://www.imf.org/en/publications/cr/issues/2016/12/30/argentina-recent-economic-developments-631)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/30/argentina-recent-economic-developments-631/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/30/argentina-recent-economic-developments-631/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/30/argentina-recent-economic-developments-631/bundle-manifest.json)

## Bibliographic details
- Published: December 1, 1995
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451801255.002

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### Summary and Context
- Paper describes economic developments in Argentina during the 1990s.
- Prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country.
- Views expressed are those of the staff team and do not necessarily reflect the views of the Government of Argentina, or the Executive Board of the IMF.
- Confidential material has been removed at the request of the member.

### Real GDP and Growth
- Since the implementation of the Convertibility Plan in early 1991, real GDP grew by more than 7 percent a year.
- Cumulative growth of real GDP was 35 percent over the years 1991–94.
- Prior to this period, GDP had been stagnating for more than a decade.

### Inflation and Price Stabilization
- Consumer price inflation had peaked at 3,000 percent in 1989.
- Inflation declined to 4 percent (average) in 1994 following the implementation of the Convertibility Plan.

### Investment and Capital Formation
- Gross fixed investment recovered to nearly 20 percent of GDP by 1994.
- This recovery reflected a real growth rate of 22 percent a year during the period.

### Subject Areas and Keywords Covered
- Subject: Economic sectors, Expenditure, Financial institutions, International organization, International trade, Monetary policy, Taxes
- Keywords: automobile production, Boldings of SDR, capital goods, cost of capital, Europe, IMF data, Imports, legal reserve, Loans, Privatization, Tariffs

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/30/argentina-recent-economic-developments-631_