Argentina

Argentina, one of the largest economies in Latin America, has a Gross Domestic Product (GDP) of $640 billion.  The country’s vast natural resources in energy and agriculture include fertile lands as well as gas and lithium reserves. There is also great potential for renewable energy.

Argentina’s large-scale agricultural and livestock industries have transformed the country into a leading food producer. In addition, Argentina has significant opportunities to lead the way for high tech industries and in manufacturing subsectors.

Argentina’s economy grew by 4.4% in 2025, and growth of 3.6% is projected for 2026, driven by macroeconomic stability, investments in the energy sector, and the strong performance of the agribusiness sector.

The stabilization program launched in late 2023 continues to advance, delivering significant results on multiple fronts. Since 2024, the country has managed to sustain fiscal balance, a central pillar of the program. Inflation declined rapidly, falling from over 20% per month to a rate of around 2.5%–3% per month. However, from late 2025 this disinflation process slowed somewhat, partly as a result of the conflict in the Middle East. Country risk also declined substantially, from more than 2,000 basis points (bps) at the end of 2023 to around 570 bps in March 2026, although it remains high compared with other countries in the region.

In April 2025, Argentina entered into a US$20 billion program with the International Monetary Fund (IMF), of which approximately US$14.4 billion has been disbursed. The World Bank also provided US$1.5 billion in budget support, complementing an active portfolio of sectoral projects in education, health, and infrastructure. These resources help sustain the stabilization process, strengthen protection for vulnerable populations, and promote trade and private investment, as part of a broader international effort to support sustained growth and long-term job creation

The World Bank’s long-term partnership with Argentina has most recently resulted in work with the administration of President Javier Milei to develop a new World Bank Group Partnership Framework for 2025-2029. It aims to contribute to poverty reduction by promoting private sector-led growth that generates quality jobs.

Projections indicate that in the next 10 years, nearly 2 million young people will reach working age in Argentina, but jobs will be available for only half of them. Faced with this challenge, the World Bank and Argentina are promoting job creation, particularly for young people, women, and informal workers.

The main areas of the World Bank Group's program with Argentina include promoting productive private investment, creating jobs, strengthening human capital, and improving connectivity.