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Closure of over 30,000 businesses in Argentina under Milei's government

Over 30,000 businesses have closed in Argentina since Javier Milei took office, according to data from Fundar.

18 August 2026Tagblick Newsdesk

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Archive photo: Closure of over 30,000 businesses in Argentina under Milei's government — Archive photoPhoto: Policía Nacional de los colombianos · Flickr · BY-SA

Since Javier Milei took office, more than 30,000 businesses have closed in Argentina, according to information from Fundar up to May 2026. This closure significantly impacts the country's business landscape.

As of May 2026, the total number of registered businesses in Argentina stood at 481,724, a figure lower than the historic high of 540,282 reached in February 2012. This decline in the number of businesses reflects the economic context under the current administration.

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