Argentina and Philippines Economies: A Side-by-Side Table Comparison

In comparing Argentina and the Philippines, we see a diverse picture: Argentina’s population is about 40% that of the Philippines, yet its land area is over nine times larger. Economically, Argentina’s GDP surpasses the Philippines by 56%, but its income per person is nearly three times higher. However, the Philippines invests significantly more in military spending and exports a greater value of tech products.

Basic Indicators

IndicatorArgentina Flag of ArgentinaPhilippines Flag of the PhilippinesComparison
Population source (2022 data), updated 202446.23 million (32nd)115.56 million (13th)Argentina’s population is approximately 0.4 times that of the Philippines.
Surface area (sq. km) source (2022 data), updated 20242.78 million sq. km (8th)0.30 million sq. km (71st)Argentina is 9.27 times larger than the Philippines.
GDP source (2022 data), updated 2024631.13B USD (22nd)404.28B USD (38th)Argentina’s total GDP is 1.56 times larger than the Philippines.
GDP per capita source (2022 data), updated 2024$13,651 (64th)3,499 USD (126th)Argentina’s GDP per capita is roughly 289% higher than the Philippines’, with Argentinians producing about $10,152.09 more per person annually.

Economic Indexes

IndexArgentina Flag of ArgentinaPhilippines Flag of the PhilippinesComparison
HDI (Human Development Index) source (2022 data), updated 20240.849 (48th)0.71 (105th)Argentina’s HDI is 0.849 (high), while the Philippines’ is 0.710 (medium). Argentina’s score is 0.139 higher, indicating significantly better human development overall.
Index of Economic Freedom source (2024 data)49.9 (132nd)59 (78th)Argentina’s Index of Economic Freedom is 15% lower than the Philippines’, 9.1 points less.
GINI source (2022 data), updated 202442 (2021 est.)40.7 (2021 est.)With a 3.3% higher Gini coefficient, Argentina has a higher degree of income inequality than the Philippines.

International trade source(2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaPhilippines Flag of the Philippines
Total imports92.57B USD150.27B
Imports % of GDP15.35%44.03%
Main import partnersChina 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%China 32%, Indonesia 8%, South Korea 7%, Japan 7%, Singapore 6%
Main import itemsrefined petroleum, vehicle parts/accessories, natural gas, fertilizers, carsintegrated circuits, refined petroleum, coal, cars, plastic products
Total exports83.36B USD103.60B
Exports % of GDP16.30%28.39%
Main export PartnersBrazil 15%, China 9%, US 8%, Chile 6%, India 5%US 14%, China 14%, Hong Kong 11%, Japan 10%, Singapore 6%
Main export itemssoybean meal, corn, soybean oil, wheat, trucksintegrated circuits, machine parts, gold, semiconductors, insulated wire

Argentina’s imports are about 62% of the Philippines’, but Argentina’s imports are 65% less of its GDP compared to the Philippines. Argentina’s exports are $83.36B, mainly basic goods, while the Philippines exports $103.60B, focusing on advanced tech products.

Military Power source (2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaPhilippines Flag of the Philippines
Military expenditure3.1B USD5.5B USD
Military expenditure (% of GDP)0.41%1.00%
Active military72k150k
Active military per 1,000 capita2.315.2

The Philippines has a military expenditure of $5.45 billion, which is 74% larger than Argentina’s $3.12 billion, and allocates a significantly higher percentage of its GDP (1.00%) to defense compared to Argentina’s 0.41%.

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