History of Argentina in Timeline

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Argentina

Argentina, officially the Argentine Republic, is located in the southern half of South America. It is the second-largest South American country and the eighth-largest globally, covering 2,780,085 km2. Argentina is a federal state comprised of twenty-three provinces and the autonomous city of Buenos Aires, which serves as its capital. It shares borders with Chile, Bolivia, Paraguay, Brazil, and Uruguay. Argentina also claims sovereignty over the Falkland Islands, South Georgia and the South Sandwich Islands, the Southern Patagonian Ice Field, and a portion of Antarctica.

1904: Argentina's presence in Antarctica

Argentina claims 965,597 km in Antarctica, where it has the world's oldest continuous state presence, since 1904.

1904: Founding of La Voz del Interior

In 1904, the centrist newspaper La Voz del Interior was founded in Argentina.

1908: Argentina as seventh wealthiest nation

By 1908, Argentina was the seventh wealthiest developed nation in the world.

1910: Wheat and beef exports rise

From 1870 to 1910, Argentina's wheat exports increased to 2,500,000 t per year, while frozen beef exports increased to 365,000 t per year.

1912: Periods of Democracy in Argentina

Argentina experienced periods of democracy between 1912 and 1930.

1912: Enactment of universal male suffrage

In 1912, President Roque Sáenz Peña enacted universal and secret male suffrage.

1913: Argentina one of the wealthiest countries

In 1913, Argentina was one of the wealthiest countries in the world by GDP per capita.

1916: Yrigoyen wins election

In 1916, Hipólito Yrigoyen, leader of the Radical Civic Union (UCR), won the election.

1916: 1916 elections

In 1916, the National Autonomist Party's dominance ended with the elections.

1917: First Animated Feature Film

In 1917, the world's first animated feature films were made and released in Argentina by cartoonist Quirino Cristiani.

1918: First Animated Feature Film

In 1918, the world's first animated feature films were made and released in Argentina by cartoonist Quirino Cristiani.

August 1920: First Radio Broadcasting

On 27 August 1920, Argentina began the world's first regular radio broadcasting with Richard Wagner's Parsifal aired in Buenos Aires.

1920: Argentina's income relative to developed countries

Between 1862 and 1920, Argentina's per capita income went from 67% of developed country levels to 100%.

1930: Political Turmoil in Argentina

Between 1930 and 1976, the armed forces overthrew six governments in Argentina.

1930: First coup d'état

In 1930, The Great Depression led to the first coup d'état led by José Félix Uriburu, beginning the "Infamous Decade".

1930: Yrigoyen ousted from power

In 1930, Yrigoyen was ousted from power by the military led by José Félix Uriburu.

1930: Golden Age of Tango Begins

The golden age of tango began around 1930 in Argentina, mirroring the popularity of jazz and swing in the United States.

1943: Four more coups

After the coup in 1930, four more coups followed in 1943.

1943: Military coup d'état

In 1943, a military coup d'état led by General Arturo Rawson toppled the democratically elected government of Ramón Castillo.

1944: Perón named defense minister

In 1944, Juan Perón was named defense minister.

March 1945: Argentina declares war on Axis Powers

In March 1945, Argentina declared war on the Axis Powers.

1945: Perón forced to resign and arrested

In 1945, Juan Perón was forced to resign and was arrested.

1946: Periods of Democracy in Argentina

Argentina experienced periods of democracy between 1946 and 1955.

1946: Creation of The Madí Movement

In 1946, Gyula Košice and others created The Madí Movement in Argentina.

1946: Perón becomes president

In 1946, Juan Perón became president after a landslide victory over the UCR in the general election.

1946: Rise of Juan Perón to the presidency

In 1946, the Labour Party came into power with the rise of Juan Perón to the presidency.

1947: Bernardo Houssay Nobel Prize

In 1947, Bernardo Houssay received the Nobel Prize in Physiology or Medicine for discovering the role of pituitary hormones in regulating glucose in animals.

1947: Congress enacts women's suffrage

In 1947, Juan Perón pushed Congress to enact women's suffrage.

1948: Infant Mortality Rate in 1948

In 1948, Argentina had an infant mortality rate of 70 per 1000 live births, and a life expectancy at birth of 60 years.

1950: Basketball World Cup Hosted in 1950

Argentina hosted the Basketball World Cup in 1950.

1950: Economy begins to decline

In 1950, the economy began to decline due in part to government expenditures and the protectionist economic policies.

1951: La Pampa and Chaco became provinces

In 1951, La Pampa and Chaco became provinces in Argentina.

1951: Perón re-elected

In 1951, Perón managed to get re-elected.

1952: Death of Eva Perón

In 1952, Eva Perón died of cancer.

1953: Misiones became provinces

In 1953, Misiones became provinces in Argentina.

1953: Mortality Patterns in 1953

In 1953, deaths from cardiovascular disease accounted for 20% of total deaths in Argentina, while infant deaths accounted for 19% of all deaths.

1955: Astor Piazzolla and Nuevo Tango

After 1955, Astor Piazzolla popularized Nuevo tango, a subtler and more intellectual trend for the genre.

1955: Four more coups

After the coup in 1930, four more coups followed in 1955.

1955: Periods of Democracy in Argentina

Argentina experienced periods of democracy between 1946 and 1955.

1955: Reyes arrested

In 1955, Cipriano Reyes was arrested on charges of terrorism.

1955: Formosa, Neuquén, Río Negro, Chubut and Santa Cruz became provinces

In 1955, Formosa, Neuquén, Río Negro, Chubut and Santa Cruz became provinces in Argentina.

1955: Bombing of the Plaza de Mayo and Perón's deposition

In 1955, The Navy bombed the Plaza de Mayo and a few months later, during the Liberating Revolution coup, Perón was deposed and went into exile in Spain.

1955: Bombing of Plaza de Mayo

Individual cases of state-sponsored terrorism against Peronism and the left can be traced back to the Bombing of Plaza de Mayo in 1955.

1957: First research reactor

In 1957, Argentina was the first country in Latin America to design and build a research reactor with homegrown technology, the RA-1 Enrico Fermi.

1958: Frondizi wins election

In 1958, Arturo Frondizi from the UCR won the general election.

1960: Climate Change in Argentina

Since 1960, Argentina's climate has been changing with regards to precipitation patterns and temperatures.

1961: Antarctic Treaty

Argentina is a founding signatory and permanent consulting member of the 1961 Antarctic Treaty.

1962: Four more coups

After the coup in 1930, four more coups followed in 1962.

1963: Illia elected

In 1963, Arturo Illia was elected and led an increase in prosperity across the board.

1966: Four more coups

After the coup in 1930, four more coups followed in 1966.

1966: Military coup led by Onganía

In 1966, Arturo Illia was overthrown by another military coup d'état led by General Juan Carlos Onganía.

1969: First artificial heart implanted

In 1969, Domingo Liotta designed and developed the first artificial heart that was successfully implanted in a human being.

1969: Popular discontent leads to protests

In 1969, popular discontent led to two massive protests: the Cordobazo and the Rosariazo.

1969: Targeting of trade unionists

In 1969, trade unionists were targeted for assassination by Peronist and Marxist paramilitaries.

1970: Luis Leloir Nobel Prize

In 1970, Luis Leloir received the Nobel Prize in Chemistry for discovering how organisms store energy converting glucose into glycogen.

1971: Lanusse appointed president

In 1971, Alejandro Agustín Lanusse was appointed president by the military junta.

1972: Trelew massacre

The Trelew massacre occurred in 1972.

March 1973: Cámpora wins election

In March 1973, Cámpora won the election, issued pardons for condemned guerrilla members.

May 1973: Cámpora takes office

In May 1973, Hector Cámpora, Perón's surrogate candidate, took office.

July 1973: Cámpora and Lima resigned

In July 1973, Cámpora and Vice President Vicente Solano Lima resigned, calling for new elections.

September 1973: Perón wins election

In September 1973, Perón won the election with his third wife Isabel as vice-president.

1973: Periods of Democracy in Argentina

Argentina experienced periods of democracy between 1973 and 1976.

1973: Railway system goods transport

By 1991, Argentina's railway system was transporting 1,400 times less goods than it did in 1973.

1973: Argentine Anticommunist Alliance commences actions

The actions of the Argentine Anticommunist Alliance commenced in 1973.

July 1974: Death of Perón

In July 1974, Perón died and his wife Isabel Perón succeeded him in office.

1974: Commercial nuclear power plant

In 1974, Argentina was the first country in Latin America to put in-line a commercial nuclear power plant, Atucha I.

1974: Death of President Juan Perón

In 1974, President Juan Perón died, and his widow and vice president, Isabel Perón, ascended to the presidency.

1975: Annihilation decrees against left-wing guerrillas

In 1975, Isabel Perón's "annihilation decrees" against left-wing guerrillas occurred during Operativo Independencia (Operation Independence).

1976: Political Turmoil in Argentina

Between 1930 and 1976, the armed forces overthrew six governments in Argentina.

1976: Ousting of Isabel Perón

In 1976, Isabel Perón was ousted by the military.

1976: Final coup

In 1976, Isabel Perón was overthrown in the final coup.

1977: ERP subdued

By 1977, the ERP was completely subdued.

1978: World Cup Win in 1978

In 1978, Argentina's men's national football team won the World Cup.

1979: Counterattack by the Montoneros

In 1979, the severely weakened Montoneros launched a counterattack, which was quickly put down.

1980: World Team Cup Win in 1980

Argentina won the World Team Cup in 1980.

1981: Davis Cup final in 1981

The Argentine team played the Davis Cup final in 1981, where they lost against the United States.

March 1982: Argentine force took control of South Georgia and invaded the Falkland Islands

In March 1982, an Argentine force took control of the British territory of South Georgia, marking an escalation of tensions in the region.

1983: Transition to Democracy in Argentina

Following a transition that began in 1983, full-scale democracy in Argentina was reestablished.

1983: Argentina admits capability

In 1983, Argentina admitted having the capability of producing weapon-grade uranium.

1983: Election of Raúl Alfonsín

In 1983, Raúl Alfonsín was elected as president.

1983: Raúl Alfonsín won the elections

In 1983, Raúl Alfonsín won the elections, campaigning for the prosecution of those responsible for human rights violations during the Proceso.

1983: Embalse finished

In 1983, the Embalse nuclear power station was finished, with 30% Argentine-built components.

1984: César Milstein Nobel Prize

In 1984, César Milstein received the Nobel Prize in Physiology or Medicine for his research in antibodies.

1985: Academy Award for The Official Story

In 1985, Argentina won an Academy Award for Best Foreign Language Film for "The Official Story".

1986: World Cup Win in 1986

In 1986, Argentina's men's national football team won the World Cup.

1987: Founding of Página/12

In 1987, the leftist newspaper Página/12 was founded in Argentina.

1989: Carlos Menem won the election

In 1989, Carlos Menem, a Peronist, won the election amidst a worsening economic crisis and hyperinflation, leading to Alfonsín's early resignation.

1990: Basketball World Cup Hosted in 1990

Argentina hosted the Basketball World Cup in 1990.

1990: Launch of LUSAT-1

In 1990, Argentina launched LUSAT-1, an Argentine-built satellite.

1990: Tierra del Fuego became a province

In 1990, Tierra del Fuego became the Tierra del Fuego, Antártida e Islas del Atlántico Sur Province.

1990: Forest Cover in Argentina

In 1990, the forest cover in Argentina was 35,204,000 hectares.

1991: Railway decline

By 1991, Argentina's railway system was transporting 1,400 times less goods than it did in 1973.

1991: Argentina sends warships to Gulf War

In 1991, Argentina was the only South American country to send warships and cargo planes to the Gulf War under a UN mandate.

1991: Establishment of CONAE

In 1991, CONAE, the Argentine space agency, was established.

1994: Constitutional Amendment allowed Menem to be elected for a second term

In 1994, a Constitutional Amendment allowed Menem to be elected for a second term.

1994: Air Force provided UN Air contingent in Cyprus

Since 1994, the Argentine Air Force has provided the UN Air contingent in Cyprus as part of UNFICYP, among Army and Marines troops.

1995: Economy began to decline

In 1995, the economy began to decline, with increasing unemployment and recession.

1996: Launch of Victor-1

In 1996, Argentina launched Víctor-1, an Argentine-built satellite.

1998: Argentina became a Major non-NATO ally

Argentina is a Major non-NATO ally since 1998.

1999: UCR returned to the presidency

In 1999, the UCR, led by Fernando de la Rúa, returned to the presidency in the elections.

1999: Cable and Satellite Television Availability in 1999

Since 1999, Argentines have enjoyed the highest availability of cable and satellite television in Latin America.

December 2001: December 2001 riots forced De la Rúa to resign

In December 2001, riots in Argentina, triggered by economic crisis and capital flight, forced President De la Rúa to resign.

2001: Argentina's Democracy

Argentina's democracy endured through the 2001–02 crisis.

2002: World Team Cup Win in 2002

Argentina won the World Team Cup in 2002.

2002: Registered Radio Stations in 2002

By 2002, there were 260 AM and 1150 FM registered radio stations in Argentina.

2002: Economic crisis began to recede

By late 2002, the economic crisis in Argentina began to recede, but political unrest was caused by the assassination of two piqueteros by the police, prompting Duhalde to move elections forward.

2002: Argentina emphasized its key role in Latin American integration

Since 2002 the country has emphasized its key role in Latin American integration, and the Mercosur block is its first international priority.

2002: Improvement in income distribution

Since 2002, there was improvement in income distribution.

May 2003: Néstor Kirchner was sworn in as president

On May 26, 2003, Néstor Kirchner was sworn in as the new president of Argentina.

2004: Paved roads interconnected

By 2004, Buenos Aires, all provincial capitals except Ushuaia, and all medium-sized towns were interconnected by 69,412 km of paved roads.

2004: Argentina's poverty rate

In January 2024, Argentina's poverty rate reached 57.4%, the highest poverty rate since 2004.

2005: Mortality Patterns in 2005

In 2005, deaths from cardiovascular disease increased to 23% of the total in Argentina, while infant deaths fell to 3% of all deaths.

2006: Davis Cup Finals Against Russia in 2006

Argentina reached the finals of the Davis Cup in 2006, losing against Russia.

2006: Argentina's Healthcare Ranking in 2006

In 2006, Argentina ranked fourth in Latin America in terms of healthcare.

2007: World Team Cup Win in 2007

Argentina won the World Team Cup in 2007.

2007: Launch of PEHUENSAT-1

In 2007, Argentina launched PEHUENSAT-1, an Argentine-built satellite.

2007: Argentine contingent sent to help Bolivia

In 2007, Argentina sent a contingent, including helicopters, boats, and water purification plants, to assist Bolivia with its worst floods in decades.

2007: Cristina Kirchner won the elections

In 2007, Cristina Kirchner won the elections, succeeding her husband as president.

2007: Los Pumas' Highest Rugby World Cup Result

In 2007, Los Pumas achieved their highest-ever result in the Rugby World Cup, coming in third place.

2008: CONICET poll in 2008

According to a 2008 CONICET poll, 76.5% of Argentines were Catholic, 11.3% were Agnostics and Atheists, 9% were Evangelical Protestants, 1.2% were Jehovah's Witnesses, and 0.9% were Mormons.

2008: Davis Cup Finals Against Spain in 2008

Argentina reached the finals of the Davis Cup in 2008, losing against Spain.

2008: Operating railway lines

In 2008, Argentina had 36,966 km of operating railway lines, part of a larger network of almost 48,000 km.

June 2009: Agreement with the European Space Agency

In June 2009, Argentina secured an agreement with the European Space Agency for the installation of a 35-m diameter antenna at the Pierre Auger Observatory.

2009: Víctor Galíndez Record in 2009

As of 2009, Víctor Galíndez held the record for consecutive world light heavyweight title defences.

2009: Academy Award for The Secret in Their Eyes

In 2009, Argentina won an Academy Award for Best Foreign Language Film for "The Secret in Their Eyes".

2009: Infant Mortality Rate in 2009

In 2009, Argentina's infant mortality rate decreased to 12.1 per 1000 live births, and the life expectancy at birth increased to 76 years.

2009: Jaguares in Americas Rugby Championship

Since 2009, the Jaguares have competed in the Americas Rugby Championship.

2010: World Team Cup Win in 2010

Argentina won the World Team Cup in 2010.

2010: Climate Change in Argentina

From 1960-2010, the highest increases in precipitation have occurred in the eastern parts of Argentina.

2010: University Graduates in 2010

In 2010, 7.1% of people over age 20 in Argentina had graduated from university.

2010: Legalization of Same-Sex Marriage

In 2010, Argentina legalized same-sex marriage, becoming the first country in Latin America, the second in the Americas, and the tenth worldwide to do so.

2010: Population Count in 2010

In 2010, Argentina's population was counted as 40,117,096 inhabitants.

2010: Genetic Ancestry Study

In 2010, a genetic study revealed that the average genetic ancestry of Argentines is 79% European, 18% indigenous, and 4.3% African.

2010: Armed Forces involved in humanitarian responses

In 2010, the Argentine Armed Forces participated in humanitarian responses in Haiti and Chile following their respective earthquakes.

2011: Davis Cup Finals Against Spain in 2011

Argentina reached the finals of the Davis Cup in 2011, losing against Spain.

2011: Telecommunications Coverage in 2011

By 2011, approximately 67% of Argentina's population had internet access and the ratio of mobile phone subscriptions to population was 137.2%.

2011: Argentina's Defence Budget

In 2011 Argentina's defence budget was only about 0.74% of GDP, a historical minimum, below the Latin American average.

2011: Manufacturing growth rate

In 2011, Argentina's manufacturing sector experienced a 6.5% production growth rate.

2011: Bérénice Bejo's Academy Award Nomination

In 2011, Argentine French actress Bérénice Bejo received a nomination for the Academy Award for Best Supporting Actress.

2011: Cristina Kirchner won the elections

In 2011, Cristina Kirchner won the elections again, securing a second term as president.

2011: Atucha II reactor

In 2011, the Atucha II reactor finished with 40% Argentine-built components.

2012: Argentina elected to United Nations Security Council

In 2012 Argentina was elected again to a two-year non-permanent position on the United Nations Security Council.

2012: Kilometers of waterways

In 2012, Argentina had about 11,000 km of waterways, mostly comprising the La Plata, Paraná, Paraguay and Uruguay rivers.

2012: Revenues from International Tourists

In 2012, Revenues from international tourists reached US$4.89 billion.

2012: Manufacturing accounted for 20.3% of GDP

In 2012, manufacturing accounted for 20.3% of Argentina's GDP, becoming the largest sector in the nation's economy. The leading sectors by volume included: food processing, beverages and tobacco products; motor vehicles and auto parts; textiles and leather; refinery products and biodiesel; chemicals and pharmaceuticals; steel, aluminium and iron; industrial and farm machinery; home appliances and furniture; plastics and tires; glass and cement; and recording and print media.

2012: Los Pumas in The Rugby Championship

Since 2012, Los Pumas have competed in The Rugby Championship against Australia, New Zealand, and South Africa.

March 2013: Election of Pope Francis

On 13 March 2013, Argentine Jorge Mario Bergoglio was elected Bishop of Rome and Supreme Pontiff of the Catholic Church, taking the name "Francis".

2013: Number of industrial parks

As of 2013, Argentina had 314 industrial parks.

2013: Airports with paved runways

In 2013, Argentina had 161 airports with paved runways out of more than a thousand.

2013: International Tourist Arrivals

In 2013, Argentina had 5.57 million visitors, making it the top destination in South America and second in Latin America for international tourist arrivals. Revenues reached US$4.41 billion in 2013.

2013: Argentine Film Industry in 2013

In 2013, approximately 100 full-length motion pictures were being created annually in Argentina.

2013: Up-River port region

In 2013, the Up-River port region accounted for 50% of Argentina's exports.

2013: Public and Private Universities in 2013

In 2013, there were 47 national public universities and 46 private universities across Argentina.

2014: Chamber of Deputies representation

As of 2014 ten provinces have just five deputies while the Buenos Aires Province has 70 in the Chamber of Deputies.

2014: Cable and Satellite Television in 2014

As of 2014, 87.4% of Argentine households had cable and satellite television.

2014: Academy Award for Best Original Screenplay

In 2014, Armando Bó and Nicolás Giacobone shared in the Academy Award for Best Original Screenplay.

2014: Improvement of 22 positions

In 2017, Argentina ranked 85th out of 180 countries in the Transparency International's Corruption Perceptions Index, an improvement of 22 positions over its 2014 rankings.

April 2015: Renationalization of railways

In April 2015, the Argentine Senate passed a law re-creating Ferrocarriles Argentinos, effectively re-nationalizing the country's railways.

November 2015: Mauricio Macri won the first ballotage in Argentina's history

On 22 November 2015, Mauricio Macri won the first ballotage in Argentina's history.

December 2015: Macri took office

On 10 December 2015, Mauricio Macri took office as president, inheriting an economy with a high inflation rate and in a poor shape.

2015: Forest Ownership in Argentina

In 2015, 0% of the forest area was reported to be under public ownership, 4% private ownership and 96% with ownership listed as other or unknown.

April 2016: Macri government introduced neoliberal austerity measures

In April 2016, the Macri government introduced neoliberal austerity measures intended to tackle inflation and overblown public deficits.

2016: Argentina settled its debt default crisis

In 2016, Argentina settled its long-standing debt default crisis with the so-called vulture funds, allowing Argentina to enter capital markets.

2016: Davis Cup Victory in 2016

The Argentine national squad won the Davis Cup in 2016.

2017: Los Pumas in 2017

As of 2017, Argentina's men's national rugby team, Los Pumas, had competed at the Rugby World Cup each time it was held.

2017: Religious Data recorded in 2017

Data recorded in 2017 indicated that Catholics made up 66% of the population in Argentina, and the nonreligious stood at 21%.

2017: Corruption Perceptions Index ranking

In 2017, Argentina ranked 85th out of 180 countries in the Transparency International's Corruption Perceptions Index.

2017: Annual inflation rate

In 2017, Argentina's annual inflation rate reached 24.8%.

2017: Loss of Argentine submarine San Juan

In 2017, the accidental loss of the Argentine submarine San Juan occurred.

2018: Forest Landscape Integrity Index

In 2018 Argentina had a Forest Landscape Integrity Index mean score of 7.21/10.

December 2019: Fernández and Kirchner took office

In December 2019, Alberto Fernández and vice president Cristina Kirchner took office.

2019: Alberto Fernández won the election

In 2019, Alberto Fernández won the election, defeating Mauricio Macri.

2019: Argentina ranked 4th world producer of beef

In 2019, Argentina was the 4th world producer of beef with 3 million tons, the 4th world producer of honey, and the 10th world producer of wool.

May 2020: Argentina defaulted on debt

On May 22, 2020, Argentina defaulted on its debt by failing to pay a $500 million bill to its creditors.

2020: Argentina's electricity sources

In 2020, more than 60% of Argentina's electricity came from non-renewable sources, with the remainder from hydropower (27%), wind and solar energy (7.3%), and nuclear energy (4.4%).

2020: Forest Cover in Argentina

In 2020, the forest cover in Argentina was approximately 10% of the total land area, equivalent to 28,573,000 hectares.

November 2021: Ruling Peronist party lost its majority in Congress

In November 2021, the ruling Peronist party, Frente de Todos, lost its majority in Congress in midterm legislative elections for the first time in almost 40 years.

2021: Installed hydroelectric power

At the end of 2021 Argentina was the 21st country in the world in terms of installed hydroelectric power (11.3 GW), the 26th country in the world in terms of installed wind energy (3.2 GW) and the 43rd country in the world in terms of installed solar energy (1.0 GW).

2021: Kilometers of dual carriageways

In 2021, Argentina had about 2,800 km of dual carriageways, mostly leaving the capital Buenos Aires, linking it with cities such as Rosario and Córdoba, Santa Fe, Mar del Plata and Paso de los Libres (in border with Brazil), there are also dual carriageways leaving from Mendoza towards the capital, and between Córdoba and Santa Fé, among other locations.

January 2022: Argentina became an OECD candidate country

Since January 2022 Argentina is an OECD candidate country.

2022: Russian Invasion of Ukraine

Following the Russian invasion of Ukraine in 2022, more than 18,500 Russians immigrated to Argentina by July 2023.

2022: 2022 census

In 2022, Argentina's census conducted by INDEC counted 46,044,703 inhabitants, an increase from 40,117,096 in 2010.

2022: World Cup Win in 2022

In 2022, Argentina's men's national football team won the World Cup.

April 2023: Fernández announced he would not seek re-election

In April 2023, Fernández announced that he would not seek re-election in the next presidential election.

July 2023: Influx of Russians in 2023

As of July 2023, more than 18,500 Russians have arrived in Argentina following the Russian invasion of Ukraine in 2022.

November 2023: Javier Milei won the election

In November 2023, Javier Milei won the election run-off with 55.7% of the vote.

December 2023: Milei's presidency began

On 10 December 2023, Milei's presidency began.

2023: Argentina's Democracy

According to the V-Dem Democracy indices, Argentina in 2023 was the second most electoral democratic country in Latin America.

2023: Inflation reached 102.5%

In 2023, Argentina's inflation rate reached 102.5%, ranking among the highest in the world, with approximately 43% of the population living below the poverty line.

2023: Poverty in Argentina

Poverty in Argentina was 41.7 percent at the end of the second half of 2023. The annual inflation rate, which was 211% in 2023, is expected to be below 30% in 2025.

January 2024: Poverty rate

In January 2024, Argentina's poverty rate reached 57.4%, the highest rate since 2004.

November 2024: Monthly inflation rate slows

In November 2024, Argentina's monthly inflation rate slowed to 2.4%, the lowest in over four years.

2024: Global Innovation Index ranking

Argentina was ranked 76th in the Global Innovation Index in 2024.

2025: Favourable results and normalization expected

Favourable results and normalization in Argentina’s economy are expected to continue in 2025. Economic activity has also begun to recover after the severe recession at the beginning of 2024. The economy is expected to expand by more than 4% in 2025.