Doing Business in Argentina
The main objective of this Doing Business Guide is to provide you with basic knowledge about Argentina; an overview of its economy, business culture, potential opportunities and an introduction to other relevant issues. Novice exporters, in particular will find it a useful starting point.
Further assistance is available from the UKTI team in Argentina. Full contact details are available at the end of this guide.
Argentina shares with Chile the southernmost tip of South America and the world’s third longest border. It is the world’s eighth largest country in terms of surface and stretches, from tip to toe, a distance of 4,000 km, a distance similar to that between London and Baghdad.
Beside from the recurrent images of tango, football, good wines and beef, Argentina is also the world’s 19th largest economy, the second largest in South America: twice the size of Chile, the Czech Republic, Norway or Portugal and three times the size of Finland to name but a few. Its 40.1 million inhabitants generate the highest per capita GDP in South America, currently US$ 15,570.
The capital of Argentina is Buenos Aires. It is a sophisticated and buoyant city of 12.8 million, influential in the region and jointly ranked with Mexico and Sao Paulo ranked as the top city in Latin America according to Loughborough University’s Globalisation and World Cities research project (2010).
The Argentine economy has grown for six years, interrupting this cycle in 2009 with a contraction of three percent, resuming high growth rates (9.2%), 8% in 2010, 7% in 2011 and with estimates of over 4% growth for 2012.
Topics: Getting Started