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The purchasing power of money in Argentina over time

The same amount buys very different things in Argentina depending on the year. The World Bank series, spanning 2017 to 2024, shows ARS 100.00 from 2017 matching ARS 5,596.50 in 2024. The inflation peak of the archive is 219.9% in 2024; over the last ten recorded years the average was 86.3% a year, with 219.9% in 2024.

Annual inflation for the whole series (2018 to 2024)

YearInflation (%)
2024219.9
2023133.5
202272.4
202148.4
202042
201953.5
201834.3

What the series shows

No period weighed more than the 2020s, which averaged 103.2% a year; at the opposite end, 2018 was the most stable year, at 34.3%. Adding everything from 2017 to the end of the series, prices rose 5,496.5%; a ARS 100.00 purchase back then costs ARS 5,596.50 in 2024. There is not a single deflation year in the whole series: prices always went up.

Want to see where this country sits on the global map? The archive Inflation around the world compares 40 series side by side.

Honest limits of these numbers

These numbers come from the World Bank national average CPI (FP.CPI.TOTL, base 2010 = 100): yearly averages for the entire country, with no regional breakdown and no month by month view. It does not replace the official local index for contracts, rents or court decisions: Brazil relies on IBGE and its IPCA, the United States on the BLS CPI-U, and every country has its own. Coverage for Argentina runs from 2017 to 2024 (8 years); World Bank series start in different years depending on the country. For Argentina, the World Bank publishes only the annual change; the index used here was rebuilt by chaining those changes from 2017. Everything is expressed in present day ARS; redenominations and zeros cut along the way are already absorbed by the chaining of the index.

Source: World Bank Open Data, indicators FP.CPI.TOTL and FP.CPI.TOTL.ZG, CC BY-4.0 license, snapshot of 2026-07-10. The Argentina equivalences are computed by this site from the ratio of the index values.

Last updated: · Methodology and sources