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

In comparing Argentina and Sweden, Argentina’s population is about 4.4 times larger, while its land area is over 5 times greater. Economically, Argentina’s GDP is slightly larger, but its GDP per capita is significantly lower. Argentina faces more income inequality and spends less on military and imports compared to Sweden.

Basic Indicators

IndicatorArgentina Flag of ArgentinaSweden Flag of SwedenComparison
Population source (2022 data), updated 202446.23 million (32nd)10.49 million (85th)Argentina’s population is approximately 4.4 times larger than Sweden’s.
Surface area (sq. km) source (2022 data), updated 20242.78 million sq. km (8th)0.53 million sq. km (49th)Argentina is 5.24 times larger than Sweden.
GDP source (2022 data), updated 2024631.13B USD (22nd)591.72B USD (24th)Argentina’s total GDP is approximately 1.07 times larger than Sweden’s.
GDP per capita source (2022 data), updated 2024$13,651 (64th)56,424 USD (16th)Argentina’s GDP per capita is roughly 76% lower than Sweden’s, with Argentinians producing about $42,773.68 less per person annually.

Economic Indexes

IndexArgentina Flag of ArgentinaSweden Flag of SwedenComparison
HDI (Human Development Index) source (2022 data), updated 20240.849 (48th)0.952 (5th)Argentina’s HDI is 0.849 (high), while Sweden’s is 0.952 (very high). Sweden’s score is 0.103 higher, indicating significantly better human development overall.
Index of Economic Freedom source (2024 data)49.9 (132nd)77.5 (8th)Argentina’s Index of Economic Freedom is 35.6% lower than Sweden’s, 27.6 points less.
GINI source (2022 data), updated 202442 (2021 est.)28.9 (2020 est.)With a 31% higher Gini coefficient, Argentina has a higher degree of income inequality than Sweden.

International trade source(2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaSweden Flag of Sweden
Total imports92.57B USD296.80B
Imports % of GDP15.35%49.89%
Main import partnersChina 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%Germany 16%, Netherlands 10%, Norway 9%, China 7%, Denmark 6%
Main import itemsrefined petroleum, vehicle parts/accessories, natural gas, fertilizers, carscrude petroleum, cars, refined petroleum, broadcasting equipment, garments
Total exports83.36B USD324.07B
Exports % of GDP16.30%53.04%
Main export PartnersBrazil 15%, China 9%, US 8%, Chile 6%, India 5%Germany 10%, Norway 10%, US 9%, Denmark 8%, Finland 7%
Main export itemssoybean meal, corn, soybean oil, wheat, trucksrefined petroleum, cars, packaged medicine, paper, electricity

Argentina’s imports are about a third of Sweden’s, and Argentina imports 69% less of its GDP compared to Sweden. Argentina’s exports are only a quarter of Sweden’s, focusing on basic goods like soy and corn, while Sweden’s are high-tech and refined.

Military Power source (2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaSweden Flag of Sweden
Military expenditure3.1B USD8.8B USD
Military expenditure (% of GDP)0.41%1.31%
Active military72k30k
Active military per 1,000 capita2.35.1

Argentina’s military expenditure is approximately 64% lower than Sweden’s, with a budget of $3.12 billion compared to Sweden’s $8.75 billion, while Argentina allocates only 0.41% of its GDP to defense, significantly less than Sweden’s 1.31%.

Share These Resources:

Comments

Leave a Reply

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