Argentina · Economy

Key Facts

—Total closures 28,262 employing firms have been deregistered since Javier Milei took office, a 5.5% drop in the country’s formal business base.

—SMEs crushed Small and medium-sized enterprises account for 99.63% of all company closures, eroding the backbone of local employment.

—Job destruction 341,396 formal jobs were lost alongside those business closures, directly linking company failures to household income loss.