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Argentina’s Poverty Rate Rises Above 30% Under President Milei, Reversing Recent Decline
INDEC said incomes rose 11.5% while the basic goods basket climbed nearly 20%, leaving 9.7 million people below the poverty line.
- Official data from INDEC showed Thursday that Argentina's poverty rate jumped to 32.3 percent in the first half of 2026, up 4.1 percentage points from 28.2 percent in the second half of 2025.
- The reversal marks a sharp break from the downward trend of 2024 and 2025, when President Javier Milei's austerity measures and inflation controls had driven poverty to an eight-year low of 28 percent.
- Nearly 45 percent of children under 15 lived in poverty, while roughly 9.7 million people across 31 urban areas surveyed by INDEC fell below the poverty line, including 2.25 million in extreme poverty.
- Economy Minister Luis Caputo acknowledged the increase but emphasized that poverty rates remain sharply lower than the first half of 2024, when they exceeded 50 percent.
- Household income rose 11.5 percent over six months while the basic basket of goods used to calculate poverty increased nearly 20 percent, signaling that economic gains may not sustain relief for struggling Argentines.
Insights by Ground AI
73 Articles
73 Articles
Argentina accounted for a total of 15 million poor people in the first half of the year
·Madrid, Spain
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Poverty in Argentina reached 32.3% in the first half of 2026, while poverty advanced and children had a higher rate.
·São Paulo, Brazil
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While poverty affected 24.4 per cent of households in the first half of the year in Argentina, indigence reached 5.6 per cent of the core population and 7.5 per cent of the population, almost 3.5 million.
·Caracas, Venezuela (Bolivarian Republic of)
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Coverage Details
Total News Sources73
Leaning Left16Leaning Right6Center9Last UpdatedBias Distribution52% Left
Bias Distribution
- 52% of the sources lean Left
52% Left
L 52%
C 29%
R 19%
Factuality
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