Argentina Economy - 1986

GEOGRAPHICAL NAMES 

GDP: $74.4 billion (1984), $2,470 per capita; 80% consumption, 15% investment; 5% net exports; 2.0% real GDP growth rate (1984)

Natural resources: pampas, lead, zinc, tin, copper, iron, manganese, oil, uranium

Agriculture: main products—cereals, oilseed, livestock products; major world exporter of temperate zone foodstuffs

Fishing: catch 290 000 metric tons (1984); exports $139.7 million (1984)

Major industries: food processing (especially meat packing), motor vehicles, consumer durables, textiles, chemicals, printing, and metallurgy

Steel- 2.6 million metric tons produced (1984)

Electric power: 15,210,000 kW capacity (1985); 40.5 billion kWh produced (1985), 1,319 kWh per capita

Exports: $8.1 billion (f.o.b., 1984); wheat, corn, oilseed, hides, wool

Imports. $4 1 billion (f.o.b., 1984); chemical products, machinery, metallurgical products, fuel and lubricants

Major trade partners: (1984) exports—15% USSR, 11% Netherlands, 11% US, 6% Brazil 5% Italy, 4% FRG, 3% Japan; imports—20% US, 19% Brazil, 12% FRG, 9% Bolivia, 8% Japan 5% France

Budget: (1984) general government revenues $16.9 billion; expenditures $21.7 billion at official exchange rate

Monetary conversion rate: 0.8 australes=US$l (December 1985); Argentina introduced a new currency, the austral, in June 1985; new currency to be exchanged for the peso argentino at 1,000 pesos to the austral

Fiscal year: calendar year

NOTE: The information regarding Argentina on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Argentina 1986 information contained here. All suggestions for corrections of any errors about Argentina 1986 should be addressed to the CIA or the source cited on each page.