Banking and insurance

2019 was a challenging period for the banking sector in Argentina. Starting in April 2018, an economic contraction unfolded, continuing throughout 2019, deteriorating business activity. A sharp devaluation of the Argentine peso and a jump in ...

In the past two decades, Latin America has embraced a universal health strategy, based on the principles of equity, solidarity and collective action. This strategy required steadily growing public expenditure on health in order to guarantee universal ...

Argentina has the third-largest ICT market in Latin America in terms of number of subscribers, behind only Brazil and Mexico. By regional standards, the country also has high penetration rates in the main ICT services: mobile telephony, fixed-line ...

At the end of 2018, Latin America and the Caribbean accounted for 19.2% of the world’s crude oil reserves and for 4.3% of natural gas, making the region among the prominent players in the global oil and natural gas industry. However, a lack of ...

In 2018, Argentina was the third largest pharmaceutical market in Latin America with retail drug sales of USD 4.9bn. The country has a large and ageing population, a relatively developed public health system, and a small but consolidated private ...

In 2018, Latin America consolidated its position as one of the largest and fastest-growing manufacturing and export hubs for motor vehicles. Amidst the sharp downturn of both production and sales of motor vehicles in Europe, Asia and Oceania, Latin ...

The year 2019 was a challenging one for the global automotive industry, which reported a 5.2% y/y decrease in motor vehicle output, ending ten years of continuous growth. On the one hand, key markets reached maximum automobile ...

Argentina is recognised worldwide as one of the major producers and exporters of food and beverages, ranking among the ten biggest producers of vegetable oils, soybean by-products, pasta and wine on a global scale. The food and beverage sector plays ...

Argentina has a leading position in the production and export of agricultural commodities, ranking among the world’s ten biggest producers of soybean, maize, wheat, beef and poultry meat. The agriculture sector plays a major role in ...

Motor vehicle production was one of the sectors most affected by the recession that began in Argentina in the second quarter of 2018. The deterioration of macroeconomic conditions in 2018 pushed down both the domestic production and the sales of ...