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last mo.

Private Data Show Argentina’s Poverty Rate at 31.6%, Lowest Since 2018

Slowing inflation coupled with rising real incomes drives the decline ahead of INDEC’s September report

Tomas Vera warms his hands up on a fire outside his house in the Garrote neighborhood of Buenos Aires, Argentina, Tuesday, June 3, 2025. (AP Photo/Rodrigo Abd) VILLA GARROTE - VILLA EL GARROTE - BARRIO EL GARROTE - SAN FERNANDO - POBREZA
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Overview

  • Private sector measures from Consultora LCG and UTDT’s Nowcast estimate Argentina’s poverty rate at 31.6% for the first quarter and semester of 2025, marking the lowest level since 2018.
  • The government’s Casa Rosada released a closely aligned poverty estimate of 31.7%, with official INDEC figures scheduled for release in September.
  • Extreme poverty (indigence) is projected at 7%, representing a 13.3 percentage-point drop from a year earlier and affecting about 3.4 million people.
  • The share of households classified as middle class climbed to 39%, adding roughly 7.7 million people over the past year amid sustained disinflation.
  • Child poverty improved by 23 percentage points year-on-year to 47% but remains elevated, and the number of people at risk of falling into poverty fell by 700,000 to 4 million.