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

Argentina and Iraq present a fascinating comparison across various indicators. Argentina’s population is slightly larger, while its land area dwarfs Iraq’s by over six times. Economically, Argentina’s GDP is nearly two and a half times greater, and it enjoys significantly higher economic freedom. However, Iraq invests more in its military and relies heavily on oil exports.

Basic Indicators

Indicator	Argentina	Iraq	Comparison
Population source (2022 data), updated 2024	46.23 million (32nd)	44.50 million (34th)	Argentina’s population is slightly larger than Iraq’s, with Argentina having approximately 1.04 times the population of Iraq.
Surface area (sq. km) source (2022 data), updated 2024	2.78 million sq. km (8th)	0.44 million sq. km (58th)	Argentina is 6.32 times larger than Iraq.
GDP source (2022 data), updated 2024	631.13B USD (22nd)	264.18B USD (47th)	Argentina’s total GDP is approximately 2.39 times larger than Iraq’s.
GDP per capita source (2022 data), updated 2024	$13,651 (64th)	5,937 USD (104th)	Argentina’s GDP per capita is roughly 130% higher than Iraq’s, with Argentinians producing about $7,713.41 more per person annually.

Economic Indexes

Index	Argentina	Iraq	Comparison
HDI (Human Development Index) source (2022 data), updated 2024	0.849 (48th)	0.673 (119th)	Argentina’s HDI is 0.849 (high), while Iraq’s is 0.673 (medium). Argentina’s score is 0.176 higher, indicating significantly better human development overall.
Index of Economic Freedom source (2024 data)	49.9 (132nd)	unranked ()	Argentina’s Index of Economic Freedom is 49.9, while Iraq is unranked, indicating that Argentina’s economic freedom is significantly higher, with a difference of 49.9 points.
GINI source (2022 data), updated 2024	42 (2021 est.)	29.5 (2012 est.)	Argentina has a higher degree of income inequality than Iraq.

International trade _{source(2023 data), updated 2024}

Indicator	Argentina	Iraq
Total imports	92.57B USD	69.16B
Imports % of GDP	15.35%	25.40%
Main import partners	China 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%	UAE 32%, China 21%, Turkey 20%, India 4%, South Korea 2%
Main import items	refined petroleum, vehicle parts/accessories, natural gas, fertilizers, cars	refined petroleum, broadcasting equipment, cars, jewelry, garments
Total exports	83.36B USD	127.08B
Exports % of GDP	16.30%	46.56%
Main export Partners	Brazil 15%, China 9%, US 8%, Chile 6%, India 5%	India 32%, China 28%, US 8%, South Korea 7%, Greece 5%
Main export items	soybean meal, corn, soybean oil, wheat, trucks	crude petroleum, refined petroleum, gold, petroleum coke, natural gas

Argentina’s imports are 33% higher than Iraq’s, but it spends 40% less of its GDP on imports compared to Iraq. Argentina’s exports are $83.36B, mainly grains, while Iraq’s at $127.08B focus on oil and gas, making Iraq’s economy more reliant on exports.

Military Power _{source (2023 data), updated 2024}

Indicator	Argentina	Iraq
Military expenditure	3.1B USD	5.1B USD
Military expenditure (% of GDP)	0.41%	1.67%
Active military	72k	193k
Active military per 1,000 capita	2.3	8.5

Iraq’s military expenditure is approximately 63% larger than Argentina’s at $5.1 billion compared to $3.1 billion, and Iraq allocates a significantly higher percentage of its GDP to defense at 1.67% versus Argentina’s 0.41%.