GDP growth is regaining strength after a long period of economic weakness
Note: Latin America is an average of Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico and Peru.
Source: OECD Economic Outlook database.
Strong growth is projected for this year and next
Source: OECD Economic Outlook (database).
Improving the fiscal position
Continued fiscal discipline would improve public debt sustainability and help reduce inflation further
Source: CEIC and OECD Economic Outlook database.
Regular use of spending reviews can improve public spending efficiency
Note: Data for 2023 except for Brazil and Costa Rica (2022). LAC is an average of Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico and Peru.
Source: IMF World Economic Outlook database: April 2025.
Improvements in tax information systems can help increase revenue collection
Note: LAC is an average of Argentina, Chile, Colombia, Costa Rica, Mexico and Peru. Data are from 2017 except for Costa Rica and Mexico (2016). OECD is an unweighted average of all member countries except Australia, Canada, Iceland, Israel, Japan, Korea, New Zealand, Norway, Switzerland, Türkiye and the United States.
Source: CEPAL - Estrategias para abordar la
tributaria en América Latina y el Caribe.
Improving the business environment
Maintaining reform momentum can reinvigorate productivity growth
Note: OECD is an average of OECD countries. Latin America is an average of Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico and Peru.
Source: World Bank World Development Indicators.
Making regulations more competition-friendly can boost productivity and employment
Note: Product Market Regulation overall indicator (0 = best – 6 = worst). Data reflect laws and regulations that were in force on 1 January 2025 for Argentina; on 1 January 2024 for Peru; and on 1 January 2023 for all other countries.
Source: Product Market Regulation database.
Better governance of state-owned enterprises would level the playing field with
Source: Product Market Regulation database. Governance of state-owned enterprises, Indicator score from
Note: Product Market Regulation sub-indicator (0 = best – 6 = worst). Data reflect laws and regulations that were in force on 1 January 2025 for Argentina; on 1 January 2024 for Peru; and on 1 January 2023 for all other countries.
Lower trade barriers can promote the adoption of new technologies
Integration in global supply chains, Percent, 2020
Forward: domestic value added in foreign final demand
Backward: foreign value added in gross exports
Note: OECD is an average of OECD countries. LAC is an average of Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico and Peru. Source: 2023 OECD Trade in Value Added database.
Enhancing trade facilitation can reduce logistics costs for exporters
Source: World Bank, Logistics Performance Index database. Logistics Performance Indicator, range from 1=low to 5=high
Note: The Logistics Performance Indicator measures challenges and opportunities countries face in their performance on trade logistics. It is based on two components. The first measures competence and quality of logistics services. The second measures the ease with which countries can arrange competitively priced international shipments.
Increasing
judiciary efficiency can lower costs for firms
Civil justice not subject to unreasonable delays, indicator score from 0 (worst) to 1 (best), 2024
Source: World Justice Project, Rule of Law Index.
Fostering formalisation
Reducing informal employment requires a comprehensive policy strategy
Note: 2023 for Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Peru; and 2022 for the rest of the countries. OECD is an unweighted average of all member countries except Canada, Israel, Japan, New Zealand and the United States. LAC is an average of Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico and Peru.
Source: International Labour Organization, based on Sustainable Development Goals, Labour Market Indicators.
Enhancing the flexibility of labour markets will lower the cost of formal employment
Protection in permanent contracts, Indicator score from 0 (least restrictive) to 6 (most restrictive), 2019
Note: The OECD indicators of employment protection are synthetic indicators of the strictness of regulation on dismissals. For each year, indicators refer to regulation in force on 1 January. LAC is an average of Argentina, Chile, Colombia, Mexico and Peru. The indicators have been updated for Argentina reflecting legislation in force on 1 January 2025.
Source: OECD Employment Protection Legislation database, Version 3, http://oe.cd/epl.
Reaping new opportunities from the global energy transition
Potential for renewable energy is high and could be exploited further
Note: LAC is an average of Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico and Peru. Values shown reflect long-term yearly average practical potential of a photovoltaic system.
Source: World Bank (2020), Global Solar Atlas.
Reducing emissions intensity can increase export competitiveness
Greenhouse
gas emissions, 2022 or latest year available
Note: Greenhouse gas emissions data include land use, land-use change and forestry. LAC is an average of Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico and Peru. OECD is an average of OECD countries. Latest year available is 2020 for Chile; 2019 for Mexico and Peru, 2018 for Argentina and Colombia; 2017 for Costa Rica; and 2016 for Brazil.
Source: OECD Air emissions - Greenhouse gas emissions Inventories.
Phasing out fossil fuel subsidies can steer investment towards sustainable projects
Source: International Energy Agency, Fossil Fuel Subsidies database, OECD Economic Outlook database.
Main messages
Regular use of spending reviews and broadening tax bases is needed to sustain fiscal consolidation while boosting growth.
Continuing to reduce barriers to domestic and international competition would foster productivity growth.
Enhancing the flexibility of labour market regulations and lowering social security contributions is important to tackle high labour market informality.
Reducing emissions intensity and phasing out fossil fuel subsidies would accelerate and optimise the climate transition.
https://oe.cd/argentina
Disclaimers: The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law. This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area.
