Country name conventional long form: Argentine Republic conventional short form: Argentina local short form: Argentina local long form: Republica Argentina Background Following independence from Spain in 1816, Argentina experienced periods of internal political conflict between conservatives and liberals and between civilian and military factions. After World War II, a long period of Peronist authoritarian rule and interference in subsequent governments was followed by a military junta that took power in 1976. Democracy returned in 1983, and numerous elections since then have underscored Argentina"s progress in democratic consolidation.Location Southern South America, bordering the South Atlantic Ocean, between Chile and Uruguay Area total: 2,766,890 sq km land: 2,736,690 sq km water: 30,200 sq km Area - comparative slightly less than three-tenths the size of the US Coastline 4,989 km Climate mostly temperate; arid in southeast; subantarctic in southwest Terrain rich plains of the Pampas in northern half, flat to rolling plateau of Patagonia in south, rugged Andes along western border Elevation extremes lowest point: Salinas Chicas -40 m (located on Peninsula Valdes) highest point: Cerro Aconcagua 6,960 m Natural hazards San Miguel de Tucuman and Mendoza areas in the Andes subject to earthquakes; pamperos are violent windstorms that can strike the Pampas and northeast; heavy flooding Environment - current issues environmental problems (urban and rural) typical of an industrializing economy such as deforestation, soil degradation, desertification, air pollution, and water pollution note: Argentina is a world leader in setting voluntary greenhouse gas targets Geography - note second-largest country in South America (after Brazil); strategic location relative to sea lanes between the South Atlantic and the South Pacific Oceans (Strait of Magellan, Beagle Channel, Drake Passage); Cerro Aconcagua is South America"s tallest mountain, while the Valdes Peninsula is the lowest point on the continent Population 38,740,807 (July 2003 est.) Age structure 0-14 years: 26.2% (male 5,185,548; female 4,955,551) 15-64 years: 63.4% (male 12,274,625; female 12,282,772) 65 years and over: 10.4% (male 1,659,641; female 2,382,670) (2003 est.) Median age total: 29 years male: 28 years female: 29.9 years (2002) Sex ratio at birth: 1.05 male(s)/female under 15 years: 1.05 male(s)/female 15-64 years: 1 male(s)/female 65 years and over: 0.7 male(s)/female total population: 0.97 male(s)/female (2003 est.) Nationality noun: Argentine(s) adjective: Argentine Ethnic groups white (mostly Spanish and Italian) 97%, mestizo, Amerindian, or other nonwhite groups 3% Religions nominally Roman Catholic 92% (less than 20% practicing), Protestant 2%, Jewish 2%, other 4% Languages Spanish (official), English, Italian, German, French Internet country code .ar Literacy definition: age 15 and over can read and write total population: 97.1% male: 97.1% female: 97.1% (2003 est.) Government type republic National holiday Revolution Day, 25 May (1810) Legal system mixture of US and West European legal systems; has not accepted compulsory ICJ jurisdiction International organization participation AfDB, Australia Group, BCIE, BIS, ECLAC, FAO, G-6, G-15, G-19, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA, Mercosur, MINURSO, MIPONUH, MONUC, MTCR, NSG, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNFICYP, UNHCR, UNIDO, UNIKOM, UNMEE, UNMIBH, UNMIK, UNMOP, UNMOVIC, UNTSO, UNU, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTrO, ZC Economy - overview Argentina benefits from rich natural resources, a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Over the past decade, however, the country has suffered recurring economic problems of inflation, external debt, capital flight, and budget deficits. Growth in 2000 was a negative 0.8%, as both domestic and foreign investors remained skeptical of the government"s ability to pay debts and maintain the peso"s fixed exchange rate with the US dollar. The economic situation worsened in 2001 with the widening of spreads on Argentine bonds, massive withdrawals from the banks, and a further decline in consumer and investor confidence. Government efforts to achieve a "zero deficit," to stabilize the banking system, and to restore economic growth proved inadequate in the face of the mounting economic problems. The peso"s peg to the dollar was abandoned in January 2002, and the peso was floated in February; the exchange rate plunged and inflation picked up rapidly, but by mid-2002 the economy had stabilized, albeit at a lower level. Strong demand for the peso compelled the Central Bank to intervene in foreign exchange markets to curb its appreciation in early 2003. Led by record exports, the economy began to recover with output up 5.5% in 2003, unemployment falling, and inflation sliced to 4.2% at year-end. Exports - partners Brazil 23.6%, US 10.9%, Chile 9.7%, Spain 4.3% (2002) Currency Argentine peso (ARS) Currency code ARS Exchange rates Argentine pesos per US dollar - 3.06 (2002), 1 (2001), 1 (2000), 1 (1999), 1 (1998) Airports 1,342 (2002) Airports - with paved runways total: 145 over 3,047 m: 4 2,438 to 3,047 m: 26 1,524 to 2,437 m: 62 914 to 1,523 m: 44 under 914 m: 9 (2002) Airports - with unpaved runways total: 1,197 over 3,047 m: 2 2,438 to 3,047 m: 2 1,524 to 2,437 m: 50 914 to 1,523 m: 572 under 914 m: 571 (2002) Disputes - international claims UK-administered Falkland Islands (Islas Malvinas) and South Georgia and the South Sandwich Islands in its constitution, but in 1995 ceded the right to settle the dispute by force; Beagle Channel islands dispute resolved through Papal mediation in 1984, but armed incidents persist since 1992 oil discovery; territorial claim in Antarctica partially overlaps UK and Chilean claims (see Antarctic disputes); unruly region at convergence of Argentina-Brazil-Paraguay borders is locus of money laundering, smuggling, arms and drug trafficking, and harbors Islamist militants; uncontested dispute between Brazil and Uruguay over Braziliera Island in the Quarai/Cuareim leaves the tripoint with Argentina in question |