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

In comparing Argentina and Belgium, Argentina boasts a population roughly 4 times larger and a land area 92 times bigger. However, its GDP is only slightly larger, while GDP per capita lags significantly behind. Belgium invests over double in military spending and leads in exports, showcasing advanced industries.

Basic Indicators

Indicator	Argentina	Belgium	Comparison
Population source (2022 data), updated 2024	46.23 million (32nd)	11.69 million (78th)	Argentina’s population is approximately 4 times larger than Belgium’s.
Surface area (sq. km) source (2022 data), updated 2024	2.78 million sq. km (8th)	0.03 million sq. km (130th)	Argentina is 92.67 times larger than Belgium.
GDP source (2022 data), updated 2024	631.13B USD (22nd)	583.44B USD (25th)	Argentina’s total GDP is approximately 1.08 times larger than Belgium’s.
GDP per capita source (2022 data), updated 2024	$13,651 (64th)	49,927 USD (22nd)	Argentina’s GDP per capita is roughly 73% lower than Belgium’s, with Argentinians producing about $36,276 less per person annually.

Economic Indexes

Index	Argentina	Belgium	Comparison
HDI (Human Development Index) source (2022 data), updated 2024	0.849 (48th)	0.942 (12th)	Argentina’s HDI is 0.849 (high), while Belgium’s is 0.942 (very high). Belgium’s score is 0.093 higher, indicating significantly better human development overall.
Index of Economic Freedom source (2024 data)	49.9 (132nd)	65.6 (43rd)	Argentina’s Index of Economic Freedom is 23.5% lower than Belgium’s, 15.7 points less.
GINI source (2022 data), updated 2024	42 (2021 est.)	26 (2020 est.)	With a 16 Gini coefficient higher, Argentina has a higher degree of income inequality than Belgium.

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

Indicator	Argentina	Belgium
Total imports	92.57B USD	545.47B
Imports % of GDP	15.35%	97.36%
Main import partners	China 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%	Netherlands 19%, Germany 12%, France 9%, US 6%, China 6%
Main import items	refined petroleum, vehicle parts/accessories, natural gas, fertilizers, cars	natural gas, refined petroleum, cars, packaged medicine, vaccines
Total exports	83.36B USD	535.17B
Exports % of GDP	16.30%	95.73%
Main export Partners	Brazil 15%, China 9%, US 8%, Chile 6%, India 5%	Germany 19%, France 15%, Netherlands 14%, US 6%, Italy 5%
Main export items	soybean meal, corn, soybean oil, wheat, trucks	natural gas, vaccines, refined petroleum, packaged medicine, cars

Argentina’s imports are about 17% of Belgium’s, and Argentina imports 82% less of its GDP compared to Belgium’s massive 97%. Argentina’s exports are just 15% of its GDP, focusing on basic goods like soy and corn, while Belgium’s exports are 96% of GDP, featuring advanced products like vaccines and cars.

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

Indicator	Argentina	Belgium
Military expenditure	3.1B USD	7.6B USD
Military expenditure (% of GDP)	0.41%	1.18%
Active military	72k	26k
Active military per 1,000 capita	2.3	2.7

Belgium’s military expenditure is more than double Argentina’s at $7.6 billion, and it allocates a significantly larger percentage of its GDP to defense at 1.18%, compared to Argentina’s 0.41%.