Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Friday, August 20, 2021

Argencon: Knowledge Economy exports fell 6.5% in 2020

At the end of the year they accumulated ten consecutive quarters of decline, pointed out the chamber that gathers large companies in the software industry in its Argenconomics report with data from that year. The employed population fell 4.2%.

Mainly the items with the lowest incidence, headed by cultural, personal and recreational services (-23.5%); and charges for the use of intellectual property (-21.4%). Among the most important items, computer services fell 7.9% in the year; and professional services, 2.4%.

Argencon attributed the result to the impact of the pandemic and the suspension of the Software Law. It also announced that due to the parliamentary delay of the Knowledge Economy Law, a change in trend is not expected in 2021.

In this context, the entity predicted that the flight of companies and talents will continue due to comparative advantages of other countries.

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