Argentina’s population continues to grow but at a slower rate because of its steadily declining birth rate. Argentina’s fertility decline began earlier than in the rest of Latin America, occurring most rapidly between the early 20th century and the 1950s and then becoming more gradual in the 1990s.  Life expectancy has been improving, most notably among the young and the poor. While the population under age 15 is shrinking, the youth cohort – ages 15 – 24 – is the largest in Argentina’s history and will continue to bolster the working-age population. If this large working-age population is well-educated and gainfully employed, Argentina is likely to experience an economic boost and possibly higher per capita savings and investment. Although literacy and primary school enrollment are nearly universal, grade repetition is problematic and secondary school completion is low. Both of these issues vary widely by region and socioeconomic group. Only 24% of Argentinians complete tertiary education.  With wages failing to keep pace with soaring inflation – one of the highest in the world – the poverty rate has climbed to over 4]0% in the first half of 2023.

Argentina has been primarily a country of immigration for most of its history, welcoming European immigrants (often providing needed low-skilled labor) after its independence in the 19th century and attracting especially large numbers from Spain and Italy. More than 7 million European immigrants are estimated to have arrived in Argentina between 1880 and 1930 (composing 30% of the total population by 1914), when it adopted a more restrictive immigration policy.  European immigration also began to wane in the 1930s because of the global depression.  The inflow rebounded temporarily following WWII and resumed its decline in the 1950s when Argentina’s military dictators tightened immigration rules and European economies rebounded. Regional migration increased, however, supplying low-skilled workers escaping economic and political instability in their home countries. As of 2022, immigrants make up 3.1% of the population, with over half coming from Paraguay and Bolivia.  Despite runaway inflation, hundreds of thousands immigrants arrive each year.

The first waves of highly skilled Argentine emigrant workers headed mainly to the United States and Spain in the 1960s and 1970s, driven by economic decline and repressive military dictatorships. The 2008 European economic crisis drove the return migration of some Argentinean and other Latin American nationals, as well as the immigration of Europeans to South America, where Argentina was a key recipient.