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Argentina - Macroeconomic Outlook Report

  • Country Profile

  • 46 Pages
  • March 2024
  • Region: Argentina
  • GlobalData
  • ID: 4396679
Mining, manufacturing and utilities activities contributed 24.0% to the gross value added (GVA) in 2023, followed by wholesale, retail and hotels activities (21.9%), financial intermediation, real estate and business activities(14.1%). In nominal terms, the three sectors are expected to grow by 61.9%, 61.9% and 61.0%, respectively, in 2024.

Four major cities comprised 39.2% of the country’s population in 2023 and the highest concentration of economic activities are in Buenos Aires, the capital of Argentina, according to the publisher.

The MERV index has been on an upward trend. As of February 7, 2024, the index stood at 1,260,998, compared to 246,804.2 on February 7, 2023.

Scope

  • In October 2023, the government introduced 2024-26 public works investment program for 4,107 projects with an investment of $15.1 billion.

Reasons to Buy

  • Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
  • PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
  • Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
  • This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.

Table of Contents

  • List of Exhibits
  • Did You Know?
  • Country Highlights
  • Key Economic Updates
  • Country Snapshot
  • Political Landscape
  • Economic Landscape
  • Social Landscape
  • Technological Landscape
  • Legal Landscape
  • Environmental Landscape
  • Outlook
List of Tables
Exhibit 1: Argentina’s performance in country risk analysis in comparison to Latin America and World average
Exhibit 2: Performance overview (score: 0-100)
Exhibit 3: Broad categories and weights behind the index
Exhibit 4: MERV index, (February 2023 - February 2024)
Exhibit 5: Key sectors contribution to the economy (2019-26f)
Exhibit 6: FDI inflows and outflows (2018-22), FDI inward stock and outward stock (2018-22)
Exhibit 7: Greenfield FDI projects and net cross border M&A deals in Argentina (2018-22)
Exhibit 8: Key infrastructure indicators
Exhibit 9: Real GDP and household consumption growth rate (2019-26f)
Exhibit 10: Real GDP growth rate comparison (2023e)
Exhibit 11: Volume of exports and imports growth (2019-26f)
Exhibit 12: Current account balance (2019-26f)
Exhibit 13: Top three commodity exports, % of total exports (2018-22)
Exhibit 14: Exports of cereals, % of world total (2022)
Exhibit 15: Interest rates (December 2018 - December 2023)
Exhibit 16: Exchange rate and inflation (2019-26f)
Exhibit 17: Public finance (2019-26f)
Exhibit 18: General government debt (2019-26f)
Exhibit 19: Unemployment rate (2019-26f)
Exhibit 20: Average annual wages (2019-26f)
Exhibit 21: Labor cost index (2019-26f)
Exhibit 22: Rural/urban share of total population (1995, 2005, 2015, 2025f)
Exhibit 23: Age-group share of total population (1995, 2005, 2015, 2025f)
Exhibit 24: Gender split (1995, 2005, 2015, 2025f)
Exhibit 25: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2023e)
Exhibit 26: Number of patents granted per million population (2022)
Exhibit 27: High technology exports, % of manufactured exports (2022)
Exhibit 28: Rule of law index (rankings) 2023
Exhibit 29: Corruption perceptions index (rankings) (2023)
Exhibit 30: Renewable energy, installed capacity (2019-23e)
Exhibit 31: CO2 emissions (2018-22)