Overview

• Official data shows Argentina's poverty rate fell to 38.1% in the second half of 2024, down from a peak of 52.9% earlier in the administration.
• Multidimensional poverty, which accounts for deprivations in health, housing, and education, reached 61% in early 2024, underscoring deep structural challenges.
• Social programs boosted real incomes for the poorest by 70%, but failed to generate significant formal employment, leaving many in precarious conditions.
• Inflation slowed to 3.7%, but household consumption capacity has not grown proportionally, limiting broader economic recovery.
• Analysts highlight that a third of the population remains marginalized, with limited opportunities for upward mobility under the current economic model.