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%

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Sending out an offer letter to a new employee is an exciting time for both the employer and employees. However, you must ensure that your offer letter is in compliance with your country of business. Global People Strategist makes the process easy!

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