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

In comparing Argentina and Russia, we see striking contrasts: Russia’s population is about 3 times larger, and its land area is over 6 times bigger. Economically, Argentina’s GDP is over 3 times smaller, and its military spending is more than 35 times less. Additionally, income inequality is higher in Argentina, while its exports focus on agriculture, making up just 18% of Russia’s.

Basic Indicators

IndicatorArgentina Flag of ArgentinaRussia Flag of RussiaComparison
Population source (2022 data), updated 202446.23 million (32nd)144.24 million (9th)Russia’s population is approximately 3.1 times larger than Argentina’s.
Surface area (sq. km) source (2022 data), updated 20242.78 million sq. km (8th)17.10 million sq. km (1st)Russia is 6.15 times larger than Argentina in area.
GDP source (2022 data), updated 2024631.13B USD (22nd)2,240.42B USD (8th)Argentina’s total GDP is approximately 3.55 times smaller than Russia’s.
GDP per capita source (2022 data), updated 2024$13,651 (64th)15,271 USD (62nd)Argentina’s GDP per capita is roughly 10.5% lower than Russia’s, with Argentinians producing about $1,620 less per person annually.

Economic Indexes

IndexArgentina Flag of ArgentinaRussia Flag of RussiaComparison
HDI (Human Development Index) source (2022 data), updated 20240.849 (48th)0.821 (54th)Argentina’s HDI is 0.849 (high), while Russia’s is 0.821 (high). Argentina’s score is 0.028 higher, indicating a slightly better human development overall.
Index of Economic Freedom source (2024 data)49.9 (132nd)52 (121st)Argentina’s Index of Economic Freedom is 4.1% lower than Russia’s, 2.1 points less.
GINI source (2022 data), updated 202442 (2021 est.)36 (2020 est.)With a 10% higher Gini coefficient, Argentina has a higher degree of income inequality than Russia.

International trade source(2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaRussia Flag of Russia
Total imports92.57B USD378.62B
Imports % of GDP15.35%15.59%
Main import partnersChina 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%China 39%, Germany 8%, Turkey 5%, Kazakhstan 5%, South Korea 3%
Main import itemsrefined petroleum, vehicle parts/accessories, natural gas, fertilizers, carspackaged medicine, broadcasting equipment, cars, garments, plastic products
Total exports83.36B USD465.43B
Exports % of GDP16.30%28.19%
Main export PartnersBrazil 15%, China 9%, US 8%, Chile 6%, India 5%China 21%, India 8%, Germany 6%, Turkey 5%, Italy 5%
Main export itemssoybean meal, corn, soybean oil, wheat, truckscrude petroleum, natural gas, refined petroleum, coal, fertilizers

Argentina’s imports are about a quarter of Russia’s, and Argentina imports 1.5% less of its GDP compared to Russia. Argentina’s exports are just 18% of Russia’s, focusing on agricultural goods, while Russia’s are more than 5 times larger, mainly in energy.

Military Power source (2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaRussia Flag of Russia
Military expenditure3.1B USD109.5B USD
Military expenditure (% of GDP)0.41%4.06%
Active military72k1.1M
Active military per 1,000 capita2.322.3

Russia’s military expenditure is over 35 times larger than Argentina’s at $109.5 billion compared to $3.1 billion, and it allocates a significantly higher percentage of its GDP to defense at 4.06% versus Argentina’s 0.41%.

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