The urban population in agglomerations of more than 1 million in Argentina consistently increased from 18.445 million in 2013 to 19.914 million in 2023. The year-on-year growth rate remained stable at around 0.74% from 2013 to 2018, with a slight uptick to 0.75% in 2019 and gradual increases leading up to 0.82% in 2023. The compound annual growth rate (CAGR) over the past five years was 0.80%, indicating steady urban population growth.
Looking forward, the forecasted data suggests a slower growth rate, with the population expected to reach 20.702 million by 2028. The forecasted CAGR for the next five years is 0.62%, illustrating a slight deceleration in growth compared to the previous decade, with an overall 5-year forecasted growth rate of 3.13%.
Future trends to watch for:
- Urbanization policies that could impact population distribution.
- Economic conditions influencing migration and urban growth.
- Infrastructure development in major cities.
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