Capital stock falls since 2007

Since 2007, investment has been on the decline, with an estimated level of less than 10% of GDP this year. The fall is more than double that of the GDP calculated above 10%. This year’s decline is understandable after the worldwide collapse of the coronavirus. But it happens that the Argentine economy has been consuming its capital stock for more than a decade. The level of investment in 2020 will be less than half of that of the beginning of the 80s. It is the lowest investment rate in history, surpassing even the collapse of the 2001/2002 crisis.

Source: Ámbito