Accroding to euromonitor, Argentina has a population of 41,240,000 people. 4,417. 300 of the population of Argentina is 65+. The forcast for 2015 will show that 11. 1 percent, of the people who lives in Argentina. Will be 65 or older. In 2015, 16 percent of the people will be in their twenties. Between now and 2015, 15 percent of the people will be in their thirtees. When you look which agegroup will make the biggest growth. From now till 2020 it will be the agegroup of 35-49. In Argentina 15,149. 470 have an internetconnection, that is 36,73 percent. 18 percent of the households are without childeren.
In 2007 43 percent of the houdholds are couples with childeren. When you look at the forecast of 2005 it will be 41 percent. And about 14 percent of the housholds in Argentina consits of singel parents. The growth of the population is less then one percent. The housholds are getting smaller and the population is aging. Economic When you look at the GDP, measured at purchasing power parity, the trend is. That it is growing. For example, in 2010 it was 632,633. 04 and in 2011 it is 672,927. 71. If you look at the growth at the real GPD percentage. You will notice thay in the year 2009 there was growth of 0. 89 precent.
But in 2010 there was a growth of 8. 50 percent and in 2011 the growth will be, 5. 00 percent. 10. 6 of the GPD is used for the healthcare sector. This is the highest percentage in Latin Amercia. A problem of Argentina is the inflation, since 2007 the inflation went up. For atleast 6. 20 percent. When you look at 2010 en 2011. The percentage is 10. 45 and 10. 61. So that is a very high growth. The export of goods and services were in 2009 244,569. 000. The import was 183,301. 000 dollar. So their export value is higher then their import value. When you take a look to the consumer expenditure from 2005 till 2010.
There is a growth. In the year 2010 the consumer expenditure value is 780,819. 000. In the previous year it was, 652,872. 000 US dollars. The disposable income When you compare the year 2000 with 2007 you will notice that number of people. Who had a income above 5000 us dollars. Have lowerd, and when you look at the incomes above 25000 us dollars. The number of people is reduced with atleast 22 percent and the people who make 3500 us dollar had reduced with atleast 39 percent. http://www. doingbusiness. org/data/exploreeconomies/argentina/ It is important to know how easy hard it is for a company to do business.
In Argentina, when you look at the “Ease of Doing Business” table. You will see that since 2007 Argentina gets a lower ranking. In 2010 the ranking was 113 and in 2011 it will be 115. Out of the 183 economies that is compared to. they socre very low at paying taxes. And dealing with construction permits. Political/legal Argentina is a republic country. 92 percent of the people is Nominally Roman Catholic When you compare Argentinia to other countries. You will notic that is is pretty hard to start a business and dealing with construction permits. They rank also low on paying texas.
On the other hand, they are easier. Giving a business credit, and they rank high at enforcing contracts. The tax rate is pretty high, in 2009 the income tax was 35 percent. The sames goed for the corporate tax. Environmental In the past the goverment of Argentina lacked of investing in the energy sector. So the last few years the goverment had to take action. Because the demand for electricity is growing. For example, the average growth between 2003 and 2008 was 6. 4 percent. Because of the energy imbalancement of demand and supply. There were some electricity downfall problems.
To solve these problems the goverment wants to create a behavior change by the people in Argentina. There a strict rules about the prices of using electricity, to change the behavior. A benefit for the companies there who are selling products. That workson electricity is that they have an extra marketing tool. They can promote it by saying that it will save energy. Social/economic Consumers in Argentina are now more concerend about their energy and electricity. More woman are working, the effect is, that they are less focusing at starting a family.
In a religous contry as Argentina divorce is not common. But now more woman can create a good lifestyle for their own. The divorce rate is getting higher. There is a strong urbanization, when you look at the population. 90% of the people lives in an urban area. Technological In 2007 58 percent of the people had cable tv and 87 percent of the people had a mobilephone. And 72 percent had a regular telephone. The forecast of 2015 is that 38. 4 percent of the housholds have a pc with broadband internet acces. In the year 2010 it was 24. 5 percent. And 15. 7 percent will have a satelite tv. In 2010 92.
3 percent of the households has a mobilephone. Education is getting more important, when you compare the year 2002 with 2007 there was an increase of 50 percent. At spending on education, by consumers. Since 1995 till 2008 there was a growth of 45 percent of people doing higher education. There is a growth in technolgy and information and e-commerce.
The downside is that the number of patenting is pretty low. Compared to other countries as Brazil, that is a sign of low innovation. http://www. euromonitor. com/factfile. aspx? country=AR Argentina has the second largest IT sector in America.