Purchasing power parity in Argentina 2008-2021

Published by
Jose Sanchez,
Jul 11, 2025
Between 2008 and 2021, Argentina's purchasing power parity increased significantly. In 2008, the PPP was approximately **** NCU per U.S. dollars, whereas it reached ***** NCU in 2021. In recent years, Argentina has been facing soaring inflation rates and a massive fiscal deficit, leaving the country in a deep economic crisis.

Purchasing power parity indicates the number of units in the national currency (NCU) needed to buy the same amount of goods and services in a given country compared to those needed in the United States. This conversion aims to equalize the purchasing power among countries, by eliminating the differences in prices.
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Purchasing power parity (PPP) in Argentina from 2008 to 2021 (NCU per U.S. dollar)

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Release date

August 2022

Region

Argentina

Survey time period

2008 to 2021

Supplementary notes

National currency units per U.S. dollar.
Figures have been rounded.

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