Argentina Poverty Rises to 32 Percent

Argentina reports its first poverty increase under President Javier Milei as the rate reaches 32.3 percent. Rising economic strains and falling approval among low-income voters challenge the administration ahead of the 2027 election.

People barter goods, as soup kitchens, barter clubs and families taking out short-term loans for groceries are exposing the social strains emerging under Argentine President Javier Milei's austerity program, barely a year before Argentina's next presidential election, in Lomas de Zamora, on the outskirts of Buenos Aires, Argentina, September 13, 2026. REUTERS/Agustin Marcarian

Poverty in Argentina reached 32.3% in the first half of 2026, up from 28.2% previously. The increase follows President Javier Milei's successful efforts to curb inflation. The uptick marks the first reversal in poverty rates since the libertarian administration took office, arriving a year before the next presidential election.

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