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United Kingdom
Key definition
Gross Domestic Product definition

What does Gross Domestic Product mean? In legal and transactional practice, gross domestic product (GDP) is the total market value of goods and services produced within a jurisdiction over a stated period, used as a macroeconomic benchmark in statutes, public finance rules and contracts. It is not generally defined in UK or Irish legislation or case law; instead it is a descriptive economic measure compiled by the UK Office for National Statistics (ONS) and Ireland’s Central Statistics Office (CSO) under international standards (ESA and UN SNA). GDP is published quarterly and annually, in nominal and real terms (with the GDP deflator). Typical legal uses include:...

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Argentina: comprehensive business law overview for foreign investors—corporate structures, RIGI incentives, FX controls, tax, employment, competition/merger control, securities, data protection, IP, trade, immigration, renewables—November 2025 update

Practice notes
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Updated November 2025

Introduction

The Argentine Republic comprises 23 provinces plus a federal district—the City of Buenos Aires, the nation’s Federal Capital. Sitting on the south-eastern edge of South America, Argentina ranks eighth worldwide by land area and second in Latin America, spanning roughly 3.8 million square kilometres (about 1.5 million square miles). Its population exceeds 45 million, with around 15 million residing in Greater Buenos Aires, and an overall density close to 15 inhabitants per square kilometre.

With a GDP near US$633bn, Argentina stands among Latin America’s biggest economies. Yet recurrent swings in growth and entrenched institutional constraints have hampered development. Although urban poverty has fallen compared with the prior year, it remains elevated at roughly 32% of residents, according to recent data.

In December 2023 a new right-of-centre coalition assumed office, pledging a shift towards more market-friendly measures, such as easing foreign exchange controls, sharply cutting public expenditure, and pursuing other significant reforms. At the time of writing the government succeeded...

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Diego Krischcautzky
Diego Krischcautzky chambers

Diego Krischcautzky joined Marval, O'Farrell & Mairal in 1997 has been a partner of the firm since 2006. His practice is focused on business law, mainly on mergers and acquisitions. He has extensive experience in M&A transactions, structuring and financing of private equity investments and counseling and structuring of local and international investments. He works regularly with companies and investment funds. Both Chambers Global and Chambers Latin America have recently recognized him as a 'Leading Lawyer in Argentina' for Private Equity and Corporate/M&A. In addition, the International Financial Law Review and Latin Lawyer have listed him as a recommended lawyer for M&A and Private Equity. Prior to joining Marval he was an associate at Arthur Andersen - Norte Sabino Asesores Legales (1995 to 1997). He graduated in law with honors from the Universidad de Buenos Aires in 1995, and completed a Master in Law and...

Diego Di Leonforte
Diego Di Leonforte

Graduated in Law at the University of Buenos Aires in 2015. Specialized in corporate law and M&A with more than ten years of work experience in first-rate law firms and a business group....

Web page updated on 21/05/2026

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