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

Argentina and Bangladesh present a fascinating contrast. Bangladesh’s population is nearly four times that of Argentina, yet Argentina boasts a land area over 18 times larger. Economically, Argentina’s GDP is about 1.4 times that of Bangladesh, with a significantly higher GDP per capita. However, Argentina faces greater income inequality and invests less in military spending, despite higher overall exports, primarily in agriculture.

Basic Indicators

IndicatorArgentina Flag of ArgentinaBangladesh Flag of BangladeshComparison
Population source (2022 data), updated 202446.23 million (32nd)171.19 million (8th)Bangladesh’s population is approximately 3.7 times larger than Argentina’s.
Surface area (sq. km) source (2022 data), updated 20242.78 million sq. km (8th)0.15 million sq. km (89th)Argentina is 18.53 times larger than Bangladesh.
GDP source (2022 data), updated 2024631.13B USD (22nd)460.20B USD (33rd)Argentina’s total GDP is approximately 1.37 times larger than Bangladesh’s.
GDP per capita source (2022 data), updated 2024$13,651 (64th)2,688 USD (136th)Argentina’s GDP per capita is roughly 87% higher than Bangladesh’s, with Argentinians producing about $10,962.30 more per person annually.

Economic Indexes

IndexArgentina Flag of ArgentinaBangladesh Flag of BangladeshComparison
HDI (Human Development Index) source (2022 data), updated 20240.849 (48th)0.67 (120th)Argentina’s HDI is 0.849 (high), while Bangladesh’s is 0.670 (medium). Argentina’s score is 0.179 higher, indicating significantly better human development overall.
Index of Economic Freedom source (2024 data)49.9 (132nd)54.4 (106th)Argentina’s Index of Economic Freedom is 8.2% lower than Bangladesh’s, 4.5 points less.
GINI source (2022 data), updated 202442 (2021 est.)31.8 (2022 est.)With a 32% higher Gini coefficient, Argentina has a higher degree of income inequality than Bangladesh.

International trade source(2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaBangladesh Flag of Bangladesh
Total imports92.57B USD73.17B
Imports % of GDP15.35%20.90%
Main import partnersChina 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%China 32%, India 17%, Singapore 6%, Malaysia 5%, Indonesia 5%
Main import itemsrefined petroleum, vehicle parts/accessories, natural gas, fertilizers, carsrefined petroleum, cotton fabric, cotton, fabric, fertilizers
Total exports83.36B USD58.89B
Exports % of GDP16.30%12.88%
Main export PartnersBrazil 15%, China 9%, US 8%, Chile 6%, India 5%US 18%, Germany 16%, UK 8%, Spain 7%, Poland 6%
Main export itemssoybean meal, corn, soybean oil, wheat, trucksgarments, footwear, fabric, textiles, jute yarn

Argentina imports 26% more than Bangladesh, but it spends 26% less of its GDP on imports compared to Bangladesh. Argentina’s exports are 1.4 times those of Bangladesh, focusing on agriculture, while Bangladesh specializes in garments and textiles.

Military Power source (2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaBangladesh Flag of Bangladesh
Military expenditure3.1B USD4.2B USD
Military expenditure (% of GDP)0.41%1.13%
Active military72k163k
Active military per 1,000 capita2.31.4

Bangladesh has a military expenditure of $4.2 billion, which is $1.1 billion higher than Argentina’s $3.12 billion, and allocates a significantly larger portion of its GDP to defense at 1.13% compared to Argentina’s 0.41%.

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