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Macro - Country Economic Forecasts - Argentina

Publisher Oxford Economics
Published Dec 04, 2024
Length 10 Pages
SKU # OFE19416494

Description

Macro - Country Economic Forecasts - Argentina



We cut our GDP growth forecast by 0.3ppts to 3.5% for 2025 and by 0.1ppt to 3.9% for 2026. The revision is due to base effects from a better-than-expected Q3 performance in the external sector. Our forecast for next year is lower than consensus for 2025 but higher for 2026. The approved RIGI scheme presents an upside risk to growth, while the La Niña weather pattern causing droughts poses a downside risk.

Table of Contents

10 Pages
Argentina: Milei's popularity is rising but risks remain
Forecast overview
Recent developments
Short-term growth outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risk scenarios
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

Pricing

Currency Rates
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