Key information about Argentina Household Income per Capita

• Argentina Annual Household Income per Capita reached 4,522.736 USD in Dec 2023, compared with the previous value of 4,354.647 USD in Dec 2022.
• Argentina Annual Household Income per Capita data is updated yearly, available from Dec 2004 to Dec 2023, with an averaged value of 3,818.417 USD.
• The data reached an all-time high of 5,915.943 USD in Dec 2017 and a record low of 1,383.333 USD in Dec 2004.
• In the latest reports, Retail Sales of Argentina dropped 13.777 % YoY in Jan 2024.

In 2023, Argentina's annual household income amounted to 4,522.74 U.S. dollars. Even if this figure represented a slight increase compared to the previous year, it remains considerably lower than the household income per capita registered in 2017 and 2018.

Wages in Argentina increased to 1599507.44 ARS/Month in February from 1598083.32 ARS/Month in January of 2025. This dataset provides - Argentina Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The bottom 50 percent in Argentina earned on average 15,057 U.S. dollars at purchasing power parity (PPP) before income taxes as of 2022, while individuals in the top one percent earned pre-tax more than 686,433 dollars. Looking at the percentage distribution of wealth in Argentina, the poorest half held 5.7 percent of the total in 2021. Moreover, the top one percent in the South American country accounted for 25.7 percent of the overall national wealth.

In March 2020, the media salary in the software and IT services sector in Argentina stood at 71.7 thousand U.S. dollars. For highly experiences professionals (seniors), the figure amounted to 92.78 thousand dollars.

Costa Rica is the country with the highest minimum monthly wage in Latin America. According to the minimum salary established by law as of January 2025, workers in the Central American country enjoy a basic monthly wage of over 726 U.S. dollars, an increase of 2.37 percent compared to the previous year. They also earn over 200 U.S. dollars more than the second place, Uruguay. On the other side of the spectrum is Venezuela, where employees are only guaranteed by law a minimum salary of 130 bolívares or little more than 2.50 dollars per month. Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 25 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2020, the average net monthly salary in Mexico was barely higher than Chile's minimum wage in 2021. What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work at least two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.

Os dados de Rendimento familiar por habitante da Argentina foram registrados em 4,522.736 USD em 2023. Este é um registro de um aumento com relação aos números anteriores de 4,354.647 USD em 2022. Os dados de Rendimento familiar por habitante da Argentina são atualizados anualmente, com uma média de 3,818.417 USD em 2004 até 2023, com 20 observações. Os dados alcançaram um alto recorde de 5,915.943 USD em 2017 e um baixo recorde de 1,383.333 USD em 2004. Os dados de Rendimento familiar por habitante da Argentina permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: Annual Household Income Per Capita: USD.

The national gross income per capita in Argentina increased by 930 U.S. dollars (+8.02 percent) compared to the previous year. In total, the national gross income amounted to 12,520 U.S. dollars in 2023. Gross national income (GNI) per capita is the total value of money received by a country, from both domestic or foreign sources, divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which implements a price adjusted, three year moving average, smoothing out fluctuations in exchange rates.Find more statistics on other topics about Argentina with key insights such as consumer expenditure, value added by the agriculture, forestry and fishing sector to the gross domestic product, and value added by the services industry to the gross domestic product.

Panama City, Mexico City, and Guadalajara had the highest average apartment rents in 2022 among the selected Latin American cities. To rent an apartment in a mid-income area in Panama City, renters would have to earn at least 2,250 U.S. dollars per month, assuming that rent comprises not more than 40 percent of the monthly income. Córdoba, Argentina, was the most affordable city, with ideal income needed to rent an apartment amounting to 600 U.S. dollars.

Guyana was the South American country 20360the highest gross national income per capita, with 20,360 U.S. dollars per person in 2023. Uruguay ranked second, registering a GNI of 19,530 U.S. dollars per person, based on current prices. Gross national income (GNI) is the aggregated sum of the value added by residents in an economy, plus net taxes (minus subsidies) and net receipts of primary income from abroad. Which are the largest Latin American economies? Based on annual gross domestic product, which is the total amount of goods and services produced in a country per year, Brazil leads the regional ranking, followed by Mexico, Argentina, and Chile. Many Caribbean countries and territories hold the highest GDP per capita in this region, measurement that reflects how GDP would be divided if it was perfectly equally distributed among the population. GNI per capita is, however, a more exact calculation of wealth than GDP per capita, as it takes into consideration taxes paid and income receipts from abroad. How much inequality is there in Latin America? In many Latin American countries, more than half the total wealth created in their economies is held by the richest 20 percent of the population. When a small share of the population concentrates most of the wealth, millions of people don't have enough to make ends meet. For instance, in Brazil, about 5.32 percent of the population lives on less than 3.2 U.S. dollars per day.

In 2018, it was estimated that Congress members in Chile had one of the highest monthly salaries in Latin America. Each member of the Chilean Chamber of Deputies, the National Congress' lower chamber, received a gross monthly income of more than 23,000 U.S. dollars. Mexico came in second among the countries shown in this graph, with an income of over 20,600 dollars per month. The regional average stood at around 10,200 dollars.

Argentina AR: BoP: Current Account: Primary Income: Compensation of Employees data was reported at -91.577 USD mn in 2023. This records an increase from the previous number of -94.559 USD mn for 2022. Argentina AR: BoP: Current Account: Primary Income: Compensation of Employees data is updated yearly, averaging 0.000 USD mn from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 25.813 USD mn in 2015 and a record low of -119.940 USD mn in 2021. Argentina AR: BoP: Current Account: Primary Income: Compensation of Employees data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Argentina – Table AR.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

At 7.99 U.S. dollars, Switzerland has the most expensive Big Macs in the world, according to the January 2025 Big Mac index. Concurrently, the cost of a Big Mac was 5.79 dollars in the U.S., and 5.95 U.S. dollars in the Euro area. What is the Big Mac index? The Big Mac index, published by The Economist, is a novel way of measuring whether the market exchange rates for different countries’ currencies are overvalued or undervalued. It does this by measuring each currency against a common standard – the Big Mac hamburger sold by McDonald’s restaurants all over the world. Twice a year the Economist converts the average national price of a Big Mac into U.S. dollars using the exchange rate at that point in time. As a Big Mac is a completely standardized product across the world, the argument goes that it should have the same relative cost in every country. Differences in the cost of a Big Mac expressed as U.S. dollars therefore reflect differences in the purchasing power of each currency. Is the Big Mac index a good measure of purchasing power parity? Purchasing power parity (PPP) is the idea that items should cost the same in different countries, based on the exchange rate at that time. This relationship does not hold in practice. Factors like tax rates, wage regulations, whether components need to be imported, and the level of market competition all contribute to price variations between countries. The Big Mac index does measure this basic point – that one U.S. dollar can buy more in some countries than others. There are more accurate ways to measure differences in PPP though, which convert a larger range of products into their dollar price. Adjusting for PPP can have a massive effect on how we understand a country’s economy. The country with the largest GDP adjusted for PPP is China, but when looking at the unadjusted GDP of different countries, the U.S. has the largest economy.

Argentina AR: BoP: Current Account: Primary Income: Compensation of Employees: Debit data was reported at 175.851 USD mn in 2023. This records a decrease from the previous number of 176.241 USD mn for 2022. Argentina AR: BoP: Current Account: Primary Income: Compensation of Employees: Debit data is updated yearly, averaging 29.900 USD mn from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 243.386 USD mn in 2013 and a record low of 0.000 USD mn in 1991. Argentina AR: BoP: Current Account: Primary Income: Compensation of Employees: Debit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Argentina – Table AR.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Argentina AR: BoP: Current Account: Primary Income: Investment Income: Direct Investment data was reported at -6.640 USD bn in 2024. This records an increase from the previous number of -7.407 USD bn for 2023. Argentina AR: BoP: Current Account: Primary Income: Investment Income: Direct Investment data is updated yearly, averaging -1.626 USD bn from Dec 1976 (Median) to 2024, with 49 observations. The data reached an all-time high of -27.000 USD mn in 1976 and a record low of -11.162 USD bn in 2010. Argentina AR: BoP: Current Account: Primary Income: Investment Income: Direct Investment data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Argentina – Table AR.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Ireland IE: Foreign Direct Investment Income: Outward: USD: Total: Argentina data was reported at 11.876 USD mn in 2022. This records a decrease from the previous number of 13.154 USD mn for 2021. Ireland IE: Foreign Direct Investment Income: Outward: USD: Total: Argentina data is updated yearly, averaging 21.363 USD mn from Dec 2015 (Median) to 2022, with 6 observations. The data reached an all-time high of 33.278 USD mn in 2015 and a record low of 11.876 USD mn in 2022. Ireland IE: Foreign Direct Investment Income: Outward: USD: Total: Argentina data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Ireland – Table IE.OECD.FDI: Foreign Direct Investment Income: USD: by Region and Country: OECD Member: Annual. Reverse investment: Netting of reverse investment in equity (when a direct investment enterprise acquires less than 10% equity ownership in its parent) and reverse investment in debt (when a direct investment enterprise extends a loan to its parent) is applied in the recording of total inward and outward FDI transactions and positions. Treatment of debt FDI transactions and positions between fellow enterprises: directional basis according to the residency of the ultimate controlling parent (extended directional principle). FDI transactions and positions by partner country and/or by industry are available excluding and including resident Special Purpose Entities (SPEs). The dataset 'FDI statistics by parner country and by industry - Summary' contains series including resident SPEs only. Valuation method used for listed inward and outward equity positions: Market value, Own funds at book value. Valuation method used for unlisted inward and outward equity positions: Own funds at book value. Valuation method used for inward and outward debt positions: Market value .; FDI statistics are available by geographic allocation, vis-à-vis single partner countries worldwide and geographical and economic zones aggregates. Partner country allocation can be subject to confidentiality restrictions. Geographic allocation of inward and outward FDI transactions and positions is according to the immediate counterparty. Intercompany debt between related financial intermediaries, including permanent debt, are not excluded from FDI transactions and positions. Direct investment relationships are identified according to the criteria of the Framework for Direct Investment Relationships (FDIR) method. Debt between fellow enterprises are completely covered. Collective investment institutions are not covered as direct investment enterprises. Non-profit institutions serving households are covered as direct investors. FDI statistics are available by industry sectors according to ISIC4 classification. Industry sector allocation can be subject to confidentiality restrictions. Inward FDI transactions and positions are allocated to the activity of the resident direct investment enterprise. Outward FDI transactions and positions are allocated according to the activity of the resident direct investor. Statistical unit: Enterprise.

Argentina AR: BoP: Current Account: Primary Income: Investment Income: Others: Interest: Memorandum Items: Interest Before FISIM: Debit data was reported at 6.636 USD bn in 2023. This records an increase from the previous number of 4.582 USD bn for 2022. Argentina AR: BoP: Current Account: Primary Income: Investment Income: Others: Interest: Memorandum Items: Interest Before FISIM: Debit data is updated yearly, averaging 3.245 USD bn from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 6.636 USD bn in 2023 and a record low of 499.000 USD mn in 1977. Argentina AR: BoP: Current Account: Primary Income: Investment Income: Others: Interest: Memorandum Items: Interest Before FISIM: Debit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Argentina – Table AR.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Argentina AR: BoP: Current Account: Primary Income: Investment Income: Direct Investment: Interest data was reported at -1.140 USD bn in 2023. This records a decrease from the previous number of -927.102 USD mn for 2022. Argentina AR: BoP: Current Account: Primary Income: Investment Income: Direct Investment: Interest data is updated yearly, averaging -563.089 USD mn from Dec 1992 (Median) to 2023, with 32 observations. The data reached an all-time high of -49.864 USD mn in 1992 and a record low of -1.140 USD bn in 2023. Argentina AR: BoP: Current Account: Primary Income: Investment Income: Direct Investment: Interest data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Argentina – Table AR.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Argentina AR: BoP: Current Account: Primary Income: Investment Income: Direct Investment: Interest: Enterprise: Ultimate Controlling Parent: Unknown: Debit data was reported at 0.000 USD mn in 2024. This stayed constant from the previous number of 0.000 USD mn for 2023. Argentina AR: BoP: Current Account: Primary Income: Investment Income: Direct Investment: Interest: Enterprise: Ultimate Controlling Parent: Unknown: Debit data is updated yearly, averaging 0.000 USD mn from Dec 2006 (Median) to 2024, with 19 observations. The data reached an all-time high of 0.000 USD mn in 2024 and a record low of 0.000 USD mn in 2024. Argentina AR: BoP: Current Account: Primary Income: Investment Income: Direct Investment: Interest: Enterprise: Ultimate Controlling Parent: Unknown: Debit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Argentina – Table AR.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Argentina AR: BoP: Current Account: Primary Income: Investment Income: Direct Investment: Debit data was reported at 9.557 USD bn in 2023. This records an increase from the previous number of 7.251 USD bn for 2022. Argentina AR: BoP: Current Account: Primary Income: Investment Income: Direct Investment: Debit data is updated yearly, averaging 2.115 USD bn from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 12.361 USD bn in 2011 and a record low of 36.000 USD mn in 1976. Argentina AR: BoP: Current Account: Primary Income: Investment Income: Direct Investment: Debit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Argentina – Table AR.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.