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Argentina Poverty Rate

Argentina's poverty rate fell to 1.2% in 2023, down from 1.3% in 2022, according to World Bank. This represents a decrease of 0.1% from the previous year. Argentina has poverty rate lower than the global median (1.20% vs median 1.90%). Compared with the median in Americas, Argentina is lower (1.20% vs regional median 2.25%) and ranks 16th out of 22 countries in Americas.

Argentina's annual unemployment rate rose to 7.88% in 2024, up from 6.14% in 2023.

Yearly Historical Data (1980-2023)

(in %)
Year Poverty Rate (%)
2023 1.2%
2022 1.3%
2021 1.4%
2020 2.2%
2019 1.7%
2018 1.6%
2017 1.1%
2016 1.3%
2014 1.1%
2013 1.1%
2012 1.3%
2011 1.2%
2010 1.5%
2009 2.4%
2008 2.6%
2007 2.8%
2006 3.5%
2005 4.4%
2004 6%
2003 8.2%
2002 17.1%
2001 10.7%
2000 7.3%
1999 5.9%
1998 5.7%
1997 5.2%
1996 5.4%
1995 5.1%
1994 2.7%
1993 2.9%
1992 2.5%
1991 1.3%
1987 1.5%
1986 1.3%
1980 0%
Argentina Poverty Rate : Definition
Poverty Rate measures the percentage of people in Argentina living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).