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

In comparing Argentina and Finland, notable differences emerge. Argentina’s population is over 8 times larger, and its land area is 8 times greater. While Argentina’s GDP is more than twice that of Finland, its GDP per capita is significantly lower. Finland outpaces Argentina in military spending and economic freedom, and both countries show distinct trade profiles.

Basic Indicators

IndicatorArgentina Flag of ArgentinaFinland Flag of FinlandComparison
Population source (2022 data), updated 202446.23 million (32nd)5.56 million (112th)Argentina’s population is approximately 8.3 times larger than Finland’s.
Surface area (sq. km) source (2022 data), updated 20242.78 million sq. km (8th)0.34 million sq. km (64th)Argentina is 8.2 times larger than Finland.
GDP source (2022 data), updated 2024631.13B USD (22nd)282.65B USD (46th)Argentina’s total GDP is approximately 2.23 times larger than Finland’s.
GDP per capita source (2022 data), updated 2024$13,651 (64th)50,872 USD (21st)Argentina’s GDP per capita is roughly 73% lower than Finland’s, with Argentinians producing about $37,221 less per person annually.

Economic Indexes

IndexArgentina Flag of ArgentinaFinland Flag of FinlandComparison
HDI (Human Development Index) source (2022 data), updated 20240.849 (48th)0.942 (12th)Argentina’s HDI is 0.849 (high), while Finland’s is 0.942 (very high). Finland’s score is 0.093 higher, indicating significantly better human development overall.
Index of Economic Freedom source (2024 data)49.9 (132nd)76.3 (11th)Argentina’s Index of Economic Freedom is 35.6% lower than Finland’s, 26.4 points less.
GINI source (2022 data), updated 202442 (2021 est.)27.1 (2020 est.)With a 55% higher Gini coefficient, Argentina has a higher degree of income inequality than Finland.

International trade source(2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaFinland Flag of Finland
Total imports92.57B USD124.22B
Imports % of GDP15.35%47.73%
Main import partnersChina 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%Sweden 15%, Germany 14%, China 8%, Norway 7%, Netherlands 6%
Main import itemsrefined petroleum, vehicle parts/accessories, natural gas, fertilizers, carscrude petroleum, refined petroleum, cars, garments, electricity
Total exports83.36B USD122.95B
Exports % of GDP16.30%45.34%
Main export PartnersBrazil 15%, China 9%, US 8%, Chile 6%, India 5%Germany 11%, US 10%, Sweden 10%, Netherlands 7%, China 5%
Main export itemssoybean meal, corn, soybean oil, wheat, truckspaper, refined petroleum, steel, wood pulp, wood

Argentina’s imports are about 25% less than Finland’s, and Argentina imports 32% less of its GDP compared to Finland. Argentina’s exports are $83.36B, mostly basic goods, while Finland’s $122.95B exports are more advanced and make up a larger GDP share.

Military Power source (2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaFinland Flag of Finland
Military expenditure3.1B USD7.3B USD
Military expenditure (% of GDP)0.41%1.72%
Active military72k24k
Active military per 1,000 capita2.352.7

Finland’s military expenditure is more than double that of Argentina at $7.35 billion, and it allocates a significantly larger portion of its economy to defense at 1.72% of GDP compared to Argentina’s 0.41%.

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