Back to today’s briefing

Story perspectives

Argentina's Tourism Plummets 30% Amid Currency Crisis

1/28/2025

42 10

Summary

Story summary

Argentina's tourism is facing a steep decline, with a staggering 30% drop in visitors from neighboring Uruguay and Chile due to President Javier Milei's currency policies. This shift has led to a US$2.1 billion tourism deficit in 2023, while Argentines flock to Uruguay for vacations, providing a much-needed boost to local businesses.

1 of 1

Story summary

Argentina's tourism is facing a steep decline, with a staggering 30% drop in visitors from neighboring Uruguay and Chile due to President Javier Milei's currency policies. This shift has led to a US$2.1 billion tourism deficit in 2023, while Argentines flock to Uruguay for vacations, providing a much-needed boost to local businesses.