Germany Vs. Argentina In The Business World Cup

As we get ready for a scintillating World Cup final between footballing giants Argentina and Germany, we take a look at which country comes out on top in terms of business.

This weekend, Argentina takes on Germany in the World Cup Final for the third time - an historical occurrence. It stands even, with Argentina reigning victorious in 1986 and Germany taking the trophy in 1990. But what do these two countries have going for them (other than football that is)?

Here's an old-fashioned stat face-off:

Argentina

Germany

Average number of days to start a business

25 days

14.5 days

Average time it takes to get electricity

91 days

17 days

Average time it takes to prepare, file and pay taxes

405 hours per year

218 hours per year

Yet figures don't give the whole picture. Argentina is one of the largest economies in Latin America, with a GDP of more than US$490 billion. It also has fantastic relations with rising neighbour Brazil and is home to valuable natural resources - the Vaca Muerta shale-oil and gasfield is thought to be the world's third largest.

Although the country is facing some challenges with its economy and inflation, the fact remains that it experienced the fastest growth of the Latin American economies between 2002 and 2012 and growth is predicted again this year. The 2015 presidential elections are another reason to hope for Argentina's future, presenting real opportunity for change.

Germany needs little introduction and like its football...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT