TOOL · GROSS COST

How much would a basic income cost in Argentina?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 35,433,131child population 10,105,270year 2023World Bank WDI

GROSS ANNUAL COST

388,663 million

in ARSARS 388,663,353,600

Equal to 0.2% of reference GDP

Population covered: 45,538,401 people

Adults: 35,433,131 × ARS 800 × 12 = ARS 340,158,057,600

Children: 10,105,270 × ARS 400 × 12 = ARS 48,505,296,000

ARS 340,158,057,600 + ARS 48,505,296,000 = ARS 388,663,353,600

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $649,461,687,959 · World Bank WDI

Currency ARS · exchange rate 296.2580 ARS/USD (2023)

Converted cost $1,311,908,198 for the GDP share.