Argentina
- November 6, 2023
- 5:39 am
Often regarded as a high-income economy endowed with a large population of highly educated and skilled workers, Argentina can be a rewarding location for businesses that want to expand into the region,
The country has a literacy rate of 99.51% as of 2021, the best in South America, a diversified industrial base and a very strong agricultural sector.
Argentina boasts a wealth of natural resources, contributing significantly to its impressive Gross Domestic Product (GDP) of 487.2 billion, ranking 27th globally.
Despite facing economic challenges from high debt and fiscal deficits, the country boasts a remarkable Human Development Index (HDI) of 0.842, putting it in a strong 47th place worldwide and second in all of Latin America.
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