About 32,300 companies, equivalent to 6% of all firms in the country, closed in Argentina between December 2023 and July 2026, according to a survey by the Fundar research center.

Industrial output fell 3.2% in August from the same month in 2025, according to the national statistics institute (Indec). Economists say the country probably entered a technical recession in the third quarter of 2026, after two consecutive quarters of contracting activity.