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peppertree

(21,874 posts)
Fri Jun 23, 2023, 06:30 PM Jun 2023

For second year running, Buenos Aires chosen as the best city to live in Latin America

Buenos Aires, Argentina, was distinguished by the English magazine The Economist as the city with best quality of life of Latin America, according to the 2023 edition of The Global Liveability Index ranking - which is taken every year.

Buenos Aires, with 3 million people in the city proper and another 12 million in 30 suburban counties, ranked very close to prestigious global cities such as New York, Rome, and Edinburgh - surpassing Abu Dhabi and Shanghai. Vienna once again topped the list.

The Global Liveability Index measures and evaluates the quality of life in cities through different categories.

While the city ranked 70th out of 173 cities surveyed, its average score of 82.4 was well above the Latin American average of 68.2. Buenos Aires got 100 points in education (the highest possible score), 85.9 in culture and environment, 85.7 in infrastructure, 83.3 in health, and 70 in stability.

The stability score was weighed down primarily by the country's 5 year-long foreign debt and currency crisis, which has resulted in 114% annual inflation as of May.

The nation's economy - and particularly Buenos Aires' - remains strong however: over last year, GDP was up 1.3% despite a severe drought; real supermarket sales are up 3.4%; auto sales, 11.8%; and real shopping center sales, 15.4%.

“Once again Buenos Aires has consolidated as one excellent city to live, visit, study and work,” the city's Foreign Affairs Secretary, Fernando Straface, noted.

“Today’s quality of life is a key factor in the competition to attract visitors and talent to cities. Along these lines, this ranking confirms why it is one of the most chosen metropolises by digital nomads in the world - and one of the best for international students in Latin America.”

At: https://euro.eseuro.com/local/513746.html

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