The Argentina has the same stock of companies as four decades agorevealed a study of the Pyme Observatory Foundation (FOP). The work suggests that the problem lies in the low rate of creation of new companies, rather than their disappearance.
The report, presented this Wednesday at the UIA headquarters, indicates that In Argentina there are only 12.1 companies per 1,000 inhabitants, compared to 72.1 in the European Union. Inside Argentina, the distribution of companies is irregular, since the The city of Buenos Aires has 42.6, compared to only 3.9 in Formosa.
In this regard, the President of the FOP, Christian Haedo, said that “Argentina has the same number of companies as 40 years ago.” and maintained that since that moment “its stock has not grown.”
“We are in levels of Central Africa. Since 2008 it has stagnated, while Chile grew 35% and the EU 11%. Thus, generating employment without entrepreneurs becomes a problem,” Haedo explained.
The FOP report indicates that In 2024, the recovery in the number of companies will take place and specifies that the phenomenon is due to “the low birth rate.”
According to the survey, towards In the third quarter of 2024 there were 550,845 companies. Compared to the fourth quarter of 2023, 43,981 were born and 50,122 closed. That implies a net loss of 6,141 signatures.
The fact to keep in mind is that, if compared with The period from the first quarter of 2022 to the fourth quarter of 2023, which covers the recovery from the pandemic, decreased company mortality. The problem is that the creation of signatures fell even more. In that period, 108,836 signatures were born and 74,726 died.
For the period from August to October of this year the net birth rate of companies was negative 0.2 pointsproduct of a birth rate of 0.5 and a mortality rate of 0.7. He The only sector that continues to generate companies is softwarewhich maintains a net rate of 0.2. The manufacturing industry has -0.2 and the rest of the service sector -0.2.
The FOP report indicates that some 85,000 SME companies in the industrial sector are responsible for 44% of the gross product and 51% of registered employment.
The Government’s view
For its part, The SME Secretary, Marcos Ayerra, who participated in the meeting at the close of the meeting, said that “there have been the same number of employers in Argentina for 17 years.”. “Before there were 540,000 CUITs (unique tax identification codes) employers and today there are the same number. During that time, 60,000 employer cuits were created and none remained,” the official said.
Ayerra was consulted by the president of FOP, Giorgio Alliata di Monterealeregarding what the policies of its portfolio are to strengthen the SME network, but Ayerra only mentioned that the Government is trying, for now, to put the macroeconomy in order. The official did not propose any specific program or policy for the sector.
“We try to mitigate this process, for example, by lowering tariffs for widespread inputs. We are looking for balance, the import of inputs has been expedited,” he explained. Ayerra pointed out that the Government is constantly “untying knots,” while defending the fiscal order.
Source: Ambito
