Population: 39,537,943 (July 2005 est.)

Capital: Buenos Aires

Languages: Spanish (official), English, Italian, German, French

Religions: nominally Roman Catholic 92% (less than 20% practicing), Protestant 2%, Jewish 2%, other 4%

Government: republic

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

Geography: 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 Laguna del Carbon is the lowest point in the Western Hemisphere

Ethnic groups: white (mostly Spanish and Italian) 97%, mestizo (mixed white and Amerindian ancestry), Amerindian, or other non-white groups 3%

Economy: 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 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 real GDP fell by 10.9% in 2002, but by mid-year the economy had stabilized, albeit at a lower level. GDP expanded by about 8% per year from 2003 to 2005. Growth is being led by a revival in domestic demand, solid exports, and favorable external conditions. The government boosted spending ahead of the October 2005 midterm congressional elections, but strong revenue performance will allow Argentina to exceed its primary budget surplus target for this year of 3.2 percent of GDP. Inflation has been rising steadily and is expected to reach 11.8 percent this year.

GDP per capita: purchasing power parity - $13,600 (2005 est.)

GDP real growth: 8.2% (2005 est.)

Unemployment rate: 11.1% (September 2005)

Internet country code: .ar

Dial code: +54