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

Argentina and Portugal present a fascinating contrast. Argentina’s population is about 4.4 times larger, and its land area is nearly 31 times bigger. Economically, Argentina’s GDP is roughly 2.5 times larger, but its GDP per capita is 44% lower. In military spending, Portugal invests significantly more, while Argentina’s imports are 30% less.

Basic Indicators

Indicator	Argentina	Portugal	Comparison
Population source (2022 data), updated 2024	46.23 million (32nd)	10.41 million (88th)	Argentina’s population is approximately 4.4 times larger than Portugal’s.
Surface area (sq. km) source (2022 data), updated 2024	2.78 million sq. km (8th)	0.09 million sq. km (106th)	Argentina is 30.89 times larger than Portugal.
GDP source (2022 data), updated 2024	631.13B USD (22nd)	255.20B USD (48th)	Argentina’s total GDP is approximately 2.47 times larger than Portugal’s.
GDP per capita source (2022 data), updated 2024	$13,651 (64th)	24,515 USD (46th)	Argentina’s GDP per capita is roughly 44% lower than Portugal’s, with Argentinians producing about $10,864.66 less per person annually.

Economic Indexes

Index	Argentina	Portugal	Comparison
HDI (Human Development Index) source (2022 data), updated 2024	0.849 (48th)	0.874 (42nd)	Argentina’s HDI is 0.849 (high), while Portugal’s is 0.874 (very high). Portugal’s score is 0.025 higher, indicating slightly better human development overall.
Index of Economic Freedom source (2024 data)	49.9 (132nd)	68.7 (28th)	Argentina’s Index of Economic Freedom is 27.8% lower than Portugal’s, 18.8 points less.
GINI source (2022 data), updated 2024	42 (2021 est.)	34.7 (2020 est.)	With a 21% higher Gini coefficient, Argentina has a higher degree of income inequality than Portugal.

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

Indicator	Argentina	Portugal
Total imports	92.57B USD	133.01B
Imports % of GDP	15.35%	52.01%
Main import partners	China 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%	Spain 31%, Germany 11%, France 6%, China 5%, Italy 5%
Main import items	refined petroleum, vehicle parts/accessories, natural gas, fertilizers, cars	crude petroleum, cars, refined petroleum, natural gas, vehicle parts/accessories
Total exports	83.36B USD	136.59B
Exports % of GDP	16.30%	49.60%
Main export Partners	Brazil 15%, China 9%, US 8%, Chile 6%, India 5%	Spain 25%, France 12%, Germany 11%, US 7%, UK 5%
Main export items	soybean meal, corn, soybean oil, wheat, trucks	cars, garments, refined petroleum, vehicle parts/accessories, plastic products

Argentina’s imports are 30% less than Portugal’s, and Argentina’s imports make up 36.66% less of its GDP compared to Portugal. Argentina’s exports are $83.36B, mostly basic goods, while Portugal’s $136.59B exports focus on advanced products, making up 49.6% of its GDP.

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

Indicator	Argentina	Portugal
Military expenditure	3.1B USD	4.2B USD
Military expenditure (% of GDP)	0.41%	1.35%
Active military	72k	27k
Active military per 1,000 capita	2.3	25.5

Portugal’s military expenditure is $1.1 billion higher than Argentina’s, and it allocates a significantly larger portion of its economy to defense at 1.35% of GDP compared to Argentina’s 0.41%.