Argentina is the second largest country in South America and the largest Spanish-speaking nation in the world. The country has experienced political, social, and economic prosperity after a ‘dirty war’ which took place from 1975 to 1978, a period of state-sponsored terrorism. Since then, Argentina has become a high-income economy as per the World Bank. Currently, its economy is the second largest in South America behind Brazil. The manufacturing industry accounts for 15% of the country’s GDP, making it the biggest single sector.

In terms of cultural diversity, Argentina’s modern culture is primarily influenced by Spanish, Italian, and European immigrants. To some extent, the Amerindians and the Africans have also influenced culture in terms of art and music. The continued political stability and favorable business laws make Argentina an economic hub to many investors, contributing to its current status as a relatively high-income economy.

Average Monthly Earnings

Employment-to-Population Ratio

Unemployment Rate

Employment by Sector

Agriculture .1%
Industry 21.8%
Services 77.9%

Employment Distribution by Education

Age 15+

Less than Basic 3.4%
Basic 29.5%
Intermediate 42.4%
Advanced 24.6%
Level Not Stated .2%

Age 15-24

Less than Basic 1.5%
Basic 35.6%
Intermediate 57.7%
Advanced 5.0%
Level Not Stated .3%

Age 15-64

Less than Basic 3.0%
Basic 29.2%
Intermediate 43.2%
Advanced 24.4%
Level Not Stated .2%

Age 25+

Less than Basic 3.7%
Basic 28.7%
Intermediate 40.5%
Advanced 26.9%
Level Not Stated .1%

Schedule a Demo

In Uzbekistan, the laws enforce implied contracts. Where there is no express agreement, the intent of the parties can be determined by conduct. #Uzbekistan #ComplianceUpdates #GlobalCompliance #GlobalPeopleStrategist

In Turkey, effective July 1, 2022, Turkey's gross minimum wage is TRY 6,471 per month. #Turkey #ComplianceUpdates #GlobalCompliance #GlobalPeopleStrategist

In the Bahamas, foreign nationals wishing to work remotely for a foreign company, a visa program named BEATS grants a residence and work permit for 12 months. #ComplianceUpdates #GlobalCompliance #GlobalPeopleStrategist

The Bahamas has a program called Bahamas Extended Access Stay, allowing students to study remotely from the Bahamas. The fee for this visa is BSD 525 and is valid for 12 months. #ComplianceUpdates #GlobalCompliance #GlobalPeopleStrategist

In Romania, starting January 1, 2023, pensioners of the public pension system and beneficiaries whose monthly income is less than or equal to RON 3,000 are eligible for financial aid. #Romania #ComplianceUpdates #GlobalCompliance #GlobalPeopleStrategist

Load More...