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

Argentina and Romania present a striking contrast across various indicators. Argentina’s population is about 2.4 times larger, while its land area is nearly 11.6 times greater. Economically, Argentina’s GDP is 2.1 times larger, yet its GDP per capita lags behind by roughly 13.5%. In military spending, Argentina invests 44% less, and its imports are 60% lower than Romania’s, with exports focusing on basic goods compared to Romania’s advanced products.

Basic Indicators

IndicatorArgentina Flag of ArgentinaRomania Flag of RomaniaComparison
Population source (2022 data), updated 202446.23 million (32nd)19.05 million (63rd)Argentina’s population is approximately 2.43 times larger than Romania’s.
Surface area (sq. km) source (2022 data), updated 20242.78 million sq. km (8th)0.24 million sq. km (80th)Argentina is 11.58 times larger than Romania.
GDP source (2022 data), updated 2024631.13B USD (22nd)300.69B USD (44th)Argentina’s total GDP is approximately 2.1 times larger than Romania’s.
GDP per capita source (2022 data), updated 2024$13,651 (64th)15,787 USD (60th)Argentina’s GDP per capita is roughly 13.5% lower than Romania’s, with Argentinians producing about $2,136 less per person annually.

Economic Indexes

IndexArgentina Flag of ArgentinaRomania Flag of RomaniaComparison
HDI (Human Development Index) source (2022 data), updated 20240.849 (48th)0.827 (52nd)Argentina’s HDI is 0.849 (high), while Romania’s is 0.827 (high). Argentina’s score is 0.022 higher, indicating a slightly better human development overall.
Index of Economic Freedom source (2024 data)49.9 (132nd)64.4 (48th)Argentina’s Index of Economic Freedom is 22% lower than Romania’s, 14.5 points less.
GINI source (2022 data), updated 202442 (2021 est.)34.6 (2020 est.)With a 21% higher Gini coefficient, Argentina has a higher degree of income inequality than Romania.

International trade source(2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaRomania Flag of Romania
Total imports92.57B USD154.11B
Imports % of GDP15.35%49.84%
Main import partnersChina 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%Germany 17%, Italy 8%, Hungary 6%, Turkey 6%, Poland 6%
Main import itemsrefined petroleum, vehicle parts/accessories, natural gas, fertilizers, carscrude petroleum, vehicle parts/accessories, refined petroleum, packaged medicine, cars
Total exports83.36B USD137.34B
Exports % of GDP16.30%42.97%
Main export PartnersBrazil 15%, China 9%, US 8%, Chile 6%, India 5%Germany 19%, Italy 10%, Hungary 7%, France 6%, Bulgaria 4%
Main export itemssoybean meal, corn, soybean oil, wheat, trucksvehicle parts/accessories, cars, insulated wire, refined petroleum, wheat

Argentina’s imports are 60% less than Romania’s, and Argentina imports 69% less of its GDP compared to Romania. Argentina’s exports are $83.36B, mainly basic goods like soy, while Romania’s $137.34B exports focus on advanced products like vehicles.

Military Power source (2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaRomania Flag of Romania
Military expenditure3.1B USD5.6B USD
Military expenditure (% of GDP)0.41%1.73%
Active military72k69k
Active military per 1,000 capita2.38.2

Argentina’s military expenditure is approximately 44% lower than Romania’s, and it allocates a smaller portion of its GDP to defense, with Argentina at 0.41% compared to Romania’s 1.73%.

Share These Resources:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *