<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Argentina Fund, Inc. Semiannual report for the six months ended 4/30/2000 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000878351
<NAME> THE ARGENTINA FUND, INC.
<SERIES>
<NUMBER> 010
<NAME> THE ARGENTINA FUND, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 117,025
<INVESTMENTS-AT-VALUE> 139,457
<RECEIVABLES> 673
<ASSETS-OTHER> 1
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 140,131
<PAYABLE-FOR-SECURITIES> 209
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 206
<TOTAL-LIABILITIES> 415
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 114,282
<SHARES-COMMON-STOCK> 9,295
<SHARES-COMMON-PRIOR> 9,284
<ACCUMULATED-NII-CURRENT> 695
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,310
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 22,430
<NET-ASSETS> 139,716
<DIVIDEND-INCOME> 2,826
<INTEREST-INCOME> 125
<OTHER-INCOME> 0
<EXPENSES-NET> 1,055
<NET-INVESTMENT-INCOME> 1,896
<REALIZED-GAINS-CURRENT> 2,560
<APPREC-INCREASE-CURRENT> 6,215
<NET-CHANGE-FROM-OPS> 10,671
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,878)
<DISTRIBUTIONS-OF-GAINS> (3,621)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 130
<NET-CHANGE-IN-ASSETS> 4,302
<ACCUMULATED-NII-PRIOR> 1,677
<ACCUMULATED-GAINS-PRIOR> 3,371
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 788
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,055
<AVERAGE-NET-ASSETS> 152,214
<PER-SHARE-NAV-BEGIN> 14.59
<PER-SHARE-NII> 0.20
<PER-SHARE-GAIN-APPREC> 0.94
<PER-SHARE-DIVIDEND> (0.31)
<PER-SHARE-DISTRIBUTIONS> (0.39)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.03
<EXPENSE-RATIO> 1.39
</TABLE>
