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Facts about Argentina
Argentina, officially the Argentine Republic, is the second largest country in South America by land area, after Brazil. It is constituted as a federation of 23 provinces and an autonomous city, Buenos Aires. It is the eighth-largest country in the world by land area and the largest among Spanish-speaking nations.
Argentina's continental area is between the Andes mountain range in the west and the Atlantic Ocean in the east. It borders Paraguay and Bolivia to the north, Brazil and Uruguay to the northeast, and Chile to the west and south. Argentine claims over Antarctica, as well as overlapping claims made by Chile and the United Kingdom, are suspended by the Antarctic Treaty of 1961. Argentina also claims the Falkland Islands (Spanish: Islas Malvinas) and South Georgia and the South Sandwich Islands, which are administered by the United Kingdom as British Overseas Territories.
A recognised middle power, Argentina is Latin America's third-largest economy, with a high rating on the Human development index. Within Latin America, Argentina has the fifth highest nominal GDP per capita and the highest in purchasing power terms. Analysts have argued that the country has a "foundation for future growth due to its market size, levels of foreign direct investment, and percentage of high-tech exports as share of total manufactured goods", and it is classed by investors as an emerging economy. Argentina is a founding member of the United Nations, Mercosur, the Union of South American Nations, the OEI, the World Bank Group and the World Trade Organization, and is one of the G-15 and G-20 major economies.