Buenos Aires, Argentina – The Argentine middle class has experienced historic growth, adding 7.7 million people, or 16 percentage points, in just one year, reaching pre-pandemic levels. This achievement is directly attributed to the macroeconomic policies implemented by President Javier Milei’s government.

According to a study by the LCG consultancy, based on INDEC data, the percentage of the population in the middle class increased from 23% at the beginning of 2024 to 39% in the first quarter of 2025. The study defines the middle class as households with a total family income between 1.5 and 4 times the value of the Total Basic Basket (CBT), which allows them to cover their basic needs and have a consumption margin without falling into poverty.

The article links this notable recovery to the visible effects of the government’s fiscal order, including a sustained surplus, monetary discipline, and a reduction in public spending—measures that have helped restore the purchasing power of middle-class sectors.