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

In comparing Argentina and Italy, key indicators reveal striking contrasts. Italy’s population is 1.27 times larger, while Argentina boasts a surface area 9.27 times greater. Italy’s GDP is about 3.25 times larger, and its military spending is over 11 times more. Income inequality is notably higher in Argentina, with a Gini coefficient 19.5% greater.

Basic Indicators

Indicator	Argentina	Italy	Comparison
Population source (2022 data), updated 2024	46.23 million (32nd)	58.94 million (24th)	Italy’s population is approximately 1.27 times larger than Argentina’s.
Surface area (sq. km) source (2022 data), updated 2024	2.78 million sq. km (8th)	0.30 million sq. km (70th)	Argentina is 9.27 times larger than Italy.
GDP source (2022 data), updated 2024	631.13B USD (22nd)	2,049.74B USD (10th)	Italy’s total GDP is approximately 3.25 times larger than Argentina’s.
GDP per capita source (2022 data), updated 2024	$13,651 (64th)	34,776 USD (31st)	Argentina’s GDP per capita is roughly 61% lower than Italy’s, with Argentinians producing about $21,125.82 less per person annually.

Economic Indexes

Index	Argentina	Italy	Comparison
HDI (Human Development Index) source (2022 data), updated 2024	0.849 (48th)	0.906 (30th)	Argentina’s HDI is 0.849 (high), while Italy’s is 0.906 (very high). Italy’s score is 0.057 higher, indicating better human development overall.
Index of Economic Freedom source (2024 data)	49.9 (132nd)	60.1 (72nd)	Argentina’s Index of Economic Freedom is 20% lower than Italy’s, 10.2 points less.
GINI source (2022 data), updated 2024	42 (2021 est.)	35.2 (2020 est.)	With a 19.5% higher Gini coefficient, Argentina has a higher degree of income inequality than Italy.

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

Indicator	Argentina	Italy
Total imports	92.57B USD	756.15B
Imports % of GDP	15.35%	38.15%
Main import partners	China 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%	Germany 14%, France 8%, China 8%, Netherlands 5%, Spain 5%
Main import items	refined petroleum, vehicle parts/accessories, natural gas, fertilizers, cars	natural gas, crude petroleum, cars, packaged medicine, garments
Total exports	83.36B USD	793.59B
Exports % of GDP	16.30%	36.63%
Main export Partners	Brazil 15%, China 9%, US 8%, Chile 6%, India 5%	Germany 12%, US 11%, France 10%, Spain 5%, UK 4%
Main export items	soybean meal, corn, soybean oil, wheat, trucks	packaged medicine, refined petroleum, garments, cars, vehicle parts/accessories

Argentina’s imports are about 12% of Italy’s, and Argentina imports 60% less of its GDP compared to Italy. Argentina’s exports are much smaller at $83.36B, mainly basic goods, while Italy’s are $793.59B, focusing on advanced products.

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

Indicator	Argentina	Italy
Military expenditure	3.1B USD	35.5B USD
Military expenditure (% of GDP)	0.41%	1.68%
Active military	72k	166k
Active military per 1,000 capita	2.3	5.8

Italy’s military expenditure is over 11 times larger than Argentina’s at $35.5 billion, and it allocates a significantly higher percentage of its GDP to defense at 1.68%, compared to Argentina’s 0.41%.