According to the source's projections, advertising spending in Argentina will increase by nearly 68 percent in 2024, making it the fastest-growing ad market in Latin America, albeit mostly due to inflation. Uruguay and Mexico followed with estimated growth rates of around 12 and 11 percent, respectively.
Change in advertising spending in selected countries in Latin America in 2024
* The source adds that the increase in that market was mainly influenced by inflation. Click here for more information on Argentina's consumer price index (CPI).
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Magna Global. (December 12, 2023). Change in advertising spending in selected countries in Latin America in 2024 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/237954/latin-american-advertising-spending/
Magna Global. "Change in advertising spending in selected countries in Latin America in 2024." Chart. December 12, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/237954/latin-american-advertising-spending/
Magna Global. (2023). Change in advertising spending in selected countries in Latin America in 2024. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/237954/latin-american-advertising-spending/
Magna Global. "Change in Advertising Spending in Selected Countries in Latin America in 2024." Statista, Statista Inc., 12 Dec 2023, https://www.statista.com/statistics/237954/latin-american-advertising-spending/
Magna Global, Change in advertising spending in selected countries in Latin America in 2024 Statista, https://www.statista.com/statistics/237954/latin-american-advertising-spending/ (last visited December 21, 2024)
Change in advertising spending in selected countries in Latin America in 2024 [Graph], Magna Global, December 12, 2023. [Online]. Available: https://www.statista.com/statistics/237954/latin-american-advertising-spending/