Argentina PESTLE Insights - A Macroeconomic Outlook Report
Summary According to the analyst, in 2021, mining and manufacturing contributed 24% towards GVA, followed by wholesale, retail trade and hotels (20.7%) and financial intermediation with a share of 15.6% towards GVA. The above sectors are forecast to grow by 34.8%, 35.6%, and 33.5%, respectively, in 2022.
The four major cities comprised 38.1% of the country’s population in 2021 and the highest concentration of economic activities are in Buenos Aires, the capital of Argentina.
The overall MERV (Argentina Merval Index) index exhibited an increase over last year. As of January 3, 2022, the MERV index stood at 83, 500.1, compared to 51,226.5 on January 3, 2021.
Scope - Argentina envisages attracting $26.5 billion in infrastructure investments in the form of public-private partnerships (PPPs) by 2022.
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.
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