<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from The
Argentina Fund Inc. Annual Report for the fiscal year ended 10/31/2000 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000878351
<NAME> THE ARGENTINA FUND,INC.
<SERIES>
<NUMBER> 01
<NAME> THE ARGENTINA FUND, INC.
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 117,888,681
<INVESTMENTS-AT-VALUE> 131,071,814
<RECEIVABLES> 613,074
<ASSETS-OTHER> 739
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 131,685,627
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 433,414
<TOTAL-LIABILITIES> 433,414
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 114,281,769
<SHARES-COMMON-STOCK> 9,295,304
<SHARES-COMMON-PRIOR> 9,284,370
<ACCUMULATED-NII-CURRENT> 1,593,679
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,194,145
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 13,182,620
<NET-ASSETS> 131,252,213
<DIVIDEND-INCOME> 4,634,325
<INTEREST-INCOME> 261,338
<OTHER-INCOME> 0
<EXPENSES-NET> 2,064,474
<NET-INVESTMENT-INCOME> 2,831,189
<REALIZED-GAINS-CURRENT> 2,407,752
<APPREC-INCREASE-CURRENT> (3,031,870)
<NET-CHANGE-FROM-OPS> 2,207,071
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,878,155)
<DISTRIBUTIONS-OF-GAINS> (3,620,904)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 10,934
<NET-CHANGE-IN-ASSETS> (4,161,760)
<ACCUMULATED-NII-PRIOR> 1,676,843
<ACCUMULATED-GAINS-PRIOR> 3,371,099
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,509,998
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,064,474
<AVERAGE-NET-ASSETS> 144,942,103
<PER-SHARE-NAV-BEGIN> 14.59
<PER-SHARE-NII> 0.30
<PER-SHARE-GAIN-APPREC> (0.07)
<PER-SHARE-DIVIDEND> (0.31)
<PER-SHARE-DISTRIBUTIONS> (0.39)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.12
<EXPENSE-RATIO> 1.43
</TABLE>
