Argentina

Argentina has one of Latin America's largest economies, rich in agriculture and energy, but it has been defined for decades by recurring crises — high inflation, debt defaults, and currency turmoil — that have squandered its early-20th-century prosperity.

Under a libertarian government elected in 2023, Argentina has pursued radical austerity to tame triple-digit inflation, a painful effort to stabilize a chronically volatile economy.

Key Sectors

Key sectors include agriculture (a global leader in soy, beef, corn, and wheat), energy (the vast Vaca Muerta shale formation), mining (lithium and copper), and manufacturing.