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

In comparing Argentina and Austria, we see striking differences across key indicators. Argentina’s population is over five times larger, and its land area is nearly 35 times bigger. However, Austria’s GDP per capita significantly surpasses Argentina’s, while Argentina faces greater income inequality. In military spending, Austria invests more, and when it comes to trade, Argentina’s exports are just a quarter of Austria’s, emphasizing basic goods versus advanced products.

Basic Indicators

Indicator	Argentina	Austria	Comparison
Population source (2022 data), updated 2024	46.23 million (32nd)	9.04 million (96th)	Argentina’s population is approximately 5.1 times larger than Austria’s.
Surface area (sq. km) source (2022 data), updated 2024	2.78 million sq. km (8th)	0.08 million sq. km (111th)	Argentina is 34.75 times larger than Austria.
GDP source (2022 data), updated 2024	631.13B USD (22nd)	470.94B USD (31st)	Argentina’s total GDP is approximately 1.34 times larger than Austria’s.
GDP per capita source (2022 data), updated 2024	$13,651 (64th)	52,085 USD (20th)	Argentina’s GDP per capita is roughly 74% lower than Austria’s, with Argentinians producing about $38,434 less per person annually.

Economic Indexes

Index	Argentina	Austria	Comparison
HDI (Human Development Index) source (2022 data), updated 2024	0.849 (48th)	0.926 (22nd)	Argentina’s HDI is 0.849 (high), while Austria’s is 0.926 (very high). Austria’s score is 0.077 higher, indicating significantly better human development overall.
Index of Economic Freedom source (2024 data)	49.9 (132nd)	68.4 (31st)	Argentina’s Index of Economic Freedom is 27.5% lower than Austria’s, 18.5 points less.
GINI source (2022 data), updated 2024	42 (2021 est.)	29.8 (2020 est.)	With a 40% higher Gini coefficient, Argentina has a higher degree of income inequality than Austria.

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

Indicator	Argentina	Austria
Total imports	92.57B USD	288.15B
Imports % of GDP	15.35%	61.60%
Main import partners	China 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%	Germany 40%, Italy 7%, Czechia 5%, Switzerland 5%, Netherlands 4%
Main import items	refined petroleum, vehicle parts/accessories, natural gas, fertilizers, cars	cars, refined petroleum, gold, garments, broadcasting equipment
Total exports	83.36B USD	306.47B
Exports % of GDP	16.30%	62.08%
Main export Partners	Brazil 15%, China 9%, US 8%, Chile 6%, India 5%	Germany 28%, US 7%, Italy 7%, Switzerland 5%, Hungary 5%
Main export items	soybean meal, corn, soybean oil, wheat, trucks	cars, packaged medicine, vaccines, plastic products, electricity

Argentina’s imports are about a third of Austria’s, and Argentina imports 46.25% less of its GDP compared to Austria. Argentina’s exports are just a quarter of Austria’s, focusing on basic goods like soybeans, while Austria excels in advanced products like cars.

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

Indicator	Argentina	Austria
Military expenditure	3.1B USD	4.4B USD
Military expenditure (% of GDP)	0.41%	0.77%
Active military	72k	22k
Active military per 1,000 capita	2.3	16.8

Argentina’s military expenditure is approximately 29% lower than Austria’s, with a budget of $3.12 billion compared to Austria’s $4.41 billion, while Austria allocates a significantly larger portion of its economy to defense at 0.77% of GDP versus Argentina’s 0.41%.