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More than 30,000 Companies Closed in the Last Two and a Half Years in Argentina, According to the Secretariat of Labor
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Since Javier Milei took office as President, Argentina has lost 30,633 registered businesses, according to the latest Business Monitor compiled by Fundar using data from the Superintendency of Occupational Risks. This figure represents a drop of nearly 6% compared to November 2023, when there were 512,357 firms, leaving the current business sector with 481,724 productive units. The decline continued in May 2026, with 2,371 fewer businesses than …
The deterioration of the productive fabric deepened in the last year and strongly affected the sectors of industry and commerce. Official data reflect a daily loss of jobs and a sharp fall in the creation of new enterprises.
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