Income and Expenditure: Argentina

September 2021

Argentina’s income growth is projected to record only moderate growth over 2021-2040, dragged down by looming economic recession, persisting high unemployment and a slow rise in real wages. Purchasing power will be concentrated in the hands of generation Z, yet the population aged 40-44 will be the major spenders on luxury items. Expenditure on education will see the fastest growth, yet food and non-alcoholic beverages will remain the most substantial consumption category.

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The Country Briefings series examine market potential, economic and consumer trends impacting each country and how they are set to change.

Each Country Briefing covers one of these topics:

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Income and Expenditure: Argentina



Generation Z to remain key income earner over 2021-2040
Middle class to record fastest expansion through to 2040, yet social class D to remain prevalent
Discretionary spending to record slower growth than regional peers
Wealth Index
Chart 1 Annual Gross Income Distribution by Age in Argentina: 2020 Chart 2 Distribution of Income in Argentina: Key Metrics 2020-2040 Chart 3 Gross Income Growth Index in Argentina 2020-2040 Chart 4 Average Gross Income by Age in Argentina: 2020-2040 Chart 5 Population by Income Bracket in 2040 Chart 6 Gini Index 2020/2040 Chart 7 Households by Disposable Income (PPP) over 2020-2040 Chart 8 Overview of Argentina’s Social Classes Chart 9 Social Class D by Age: 2020/2040 Chart 10 Consumer Market and Spending in Argentina: Key Metrics 2040 Chart 11 Consumer Expenditure in Top Regions: Size in 2040 and Growth over 2015-2040 Chart 12 Urban/Rural Consumer Expenditure in 2040 Chart 13 Household Expenditure in 2020 Chart 14 Consumer Spending by Category in Argentina 2020-2040: USD per Household Chart 15 Index of Consumer Prices in Argentina over 2010-2020 Chart 16 Household Expenditure by Category in Argentina: 2040 Chart 17 Argentina’s Wealth Landscape: 2020-2030

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