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

Argentina and Thailand present a fascinating comparison. Thailand’s population is 1.55 times larger, while Argentina boasts a surface area 5.45 times greater. Argentina’s GDP is 1.27 times bigger, yet its economic freedom is notably lower. With higher income inequality and significantly lower military spending, Argentina’s trade dynamics reveal a focus on basic goods, contrasting with Thailand’s advanced exports.

Basic Indicators

Indicator	Argentina	Thailand	Comparison
Population source (2022 data), updated 2024	46.23 million (32nd)	71.70 million (19th)	Thailand’s population is approximately 1.55 times larger than Argentina’s.
Surface area (sq. km) source (2022 data), updated 2024	2.78 million sq. km (8th)	0.51 million sq. km (51st)	Argentina is 5.45 times larger than Thailand.
GDP source (2022 data), updated 2024	631.13B USD (22nd)	495.42B USD (29th)	Argentina’s total GDP is approximately 1.27 times larger than Thailand’s.
GDP per capita source (2022 data), updated 2024	$13,651 (64th)	6,910 USD (92nd)	Argentina’s GDP per capita is roughly 97% higher than Thailand’s, with Argentinians producing about $6,740.65 more per person annually.

Economic Indexes

Index	Argentina	Thailand	Comparison
HDI (Human Development Index) source (2022 data), updated 2024	0.849 (48th)	0.803 (63rd)	Argentina’s HDI is 0.849 (high), while Thailand’s is 0.803 (high). Argentina’s score is 0.046 higher, indicating a slightly better level of human development overall.
Index of Economic Freedom source (2024 data)	49.9 (132nd)	59 (78th)	Argentina’s Index of Economic Freedom is 15% lower than Thailand’s, 9.1 points less.
GINI source (2022 data), updated 2024	42 (2021 est.)	35.1 (2021 est.)	With a 20% higher Gini coefficient, Argentina has a higher degree of income inequality than Thailand.

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

Indicator	Argentina	Thailand
Total imports	92.57B USD	328.01B
Imports % of GDP	15.35%	68.10%
Main import partners	China 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%	China 26%, Japan 11%, UAE 6%, US 5%, Malaysia 5%
Main import items	refined petroleum, vehicle parts/accessories, natural gas, fertilizers, cars	crude petroleum, integrated circuits, gold, natural gas, vehicle parts/accessories
Total exports	83.36B USD	336.87B
Exports % of GDP	16.30%	65.78%
Main export Partners	Brazil 15%, China 9%, US 8%, Chile 6%, India 5%	US 17%, China 11%, Japan 8%, Vietnam 4%, Malaysia 4%
Main export items	soybean meal, corn, soybean oil, wheat, trucks	machine parts, integrated circuits, cars, trucks, vehicle parts/accessories

Argentina’s imports are about a quarter of Thailand’s, and Argentina imports 52.75% less of its GDP compared to Thailand. Argentina’s exports are just a quarter of Thailand’s, focusing on basic goods like soybeans, while Thailand excels in advanced machinery.

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

Indicator	Argentina	Thailand
Military expenditure	3.1B USD	5.8B USD
Military expenditure (% of GDP)	0.41%	1.16%
Active military	72k	361k
Active military per 1,000 capita	2.3	10

Argentina’s military expenditure is approximately 46% lower than Thailand’s, with a budget of $2.3 billion less, while Argentina allocates a smaller percentage of its GDP to defense compared to Thailand’s commitment.