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

In comparing Argentina and Canada, we see that Argentina’s population is about 1.18 times larger, while Canada boasts an area 5.62 times greater. Canada’s GDP is roughly 3.42 times larger, with Argentinians earning about $41,872 less per person. Argentina faces greater income inequality, with military spending significantly lower than Canada’s. In trade, Argentina’s imports and exports are much smaller, focusing mainly on basic goods.

Basic Indicators

IndicatorArgentina Flag of ArgentinaCanada Flag of CanadaComparison
Population source (2022 data), updated 202446.23 million (32nd)38.93 million (36th)Argentina’s population is approximately 1.18 times larger than Canada’s.
Surface area (sq. km) source (2022 data), updated 20242.78 million sq. km (8th)15.63 million sq. km (2nd)Canada is 5.62 times larger than Argentina in area.
GDP source (2022 data), updated 2024631.13B USD (22nd)2,161.48B USD (9th)Canada’s total GDP is approximately 3.42 times larger than Argentina’s.
GDP per capita source (2022 data), updated 2024$13,651 (64th)55,522 USD (17th)Argentina’s GDP per capita is roughly 75% lower than Canada’s, with Argentinians producing about $41,872 less per person annually.

Economic Indexes

IndexArgentina Flag of ArgentinaCanada Flag of CanadaComparison
HDI (Human Development Index) source (2022 data), updated 20240.849 (48th)0.935 (18th)Argentina’s HDI is 0.849 (high), while Canada’s is 0.935 (very high). Canada’s score is 0.086 higher, indicating significantly better human development overall.
Index of Economic Freedom source (2024 data)49.9 (132nd)72.4 (15th)Argentina’s Index of Economic Freedom is 33% lower than Canada’s, 22.5 points less.
GINI source (2022 data), updated 202442 (2021 est.)31.7 (2019 est.)With a 32.3% higher Gini coefficient, Argentina has a higher degree of income inequality than Canada.

International trade source(2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaCanada Flag of Canada
Total imports92.57B USD726.14B
Imports % of GDP15.35%33.71%
Main import partnersChina 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%US 56%, China 11%, Mexico 4%, Germany 3%, Japan 2%
Main import itemsrefined petroleum, vehicle parts/accessories, natural gas, fertilizers, carscars, refined petroleum, vehicle parts/accessories, trucks, crude petroleum
Total exports83.36B USD717.68B
Exports % of GDP16.30%33.85%
Main export PartnersBrazil 15%, China 9%, US 8%, Chile 6%, India 5%US 75%, China 4%, Japan 2%, UK 2%, Mexico 1%
Main export itemssoybean meal, corn, soybean oil, wheat, truckscrude petroleum, cars, natural gas, refined petroleum, gold

Argentina’s imports are about 13% of Canada’s, and Argentina imports 54% less of its GDP compared to Canada. Argentina’s exports are just 11.6% of Canada’s, focusing on basic goods like soybeans, while Canada exports advanced products like cars and oil.

Military Power source (2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaCanada Flag of Canada
Military expenditure3.1B USD27.2B USD
Military expenditure (% of GDP)0.41%1.24%
Active military72k67k
Active military per 1,000 capita2.33

Argentina’s military expenditure is significantly lower at $3.12 billion, accounting for only 0.41% of its GDP, while Canada spends $27.22 billion, dedicating a larger portion of its economy at 1.24% to defense.

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