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

Argentina and Denmark present a striking contrast across various indicators. Argentina’s population is about 7.8 times larger, and its land area is 69.5 times more expansive. While Argentina’s GDP is 1.58 times bigger, its GDP per capita falls significantly short, at roughly 80% less. The economic freedom index reveals Argentina’s restrictions, and income inequality is notably higher. In military spending, Argentina allocates 62% less, and its trade is markedly less robust, with imports and exports significantly lower than Denmark’s.

Basic Indicators

IndicatorArgentina Flag of ArgentinaDenmark Flag of DenmarkComparison
Population source (2022 data), updated 202446.23 million (32nd)5.90 million (109th)Argentina’s population is approximately 7.8 times larger than Denmark’s.
Surface area (sq. km) source (2022 data), updated 20242.78 million sq. km (8th)0.04 million sq. km (124th)Argentina is 69.5 times larger than Denmark.
GDP source (2022 data), updated 2024631.13B USD (22nd)400.17B USD (39th)Argentina’s total GDP is 1.58 times larger than Denmark’s.
GDP per capita source (2022 data), updated 2024$13,651 (64th)67,790 USD (12th)Argentina’s GDP per capita is roughly 80% lower than Denmark’s, with Argentinians producing about $54,139.45 less per person annually.

Economic Indexes

IndexArgentina Flag of ArgentinaDenmark Flag of DenmarkComparison
HDI (Human Development Index) source (2022 data), updated 20240.849 (48th)0.952 (5th)Argentina’s HDI is 0.849 (high), while Denmark’s is 0.952 (very high). Denmark’s score is 0.103 higher, indicating significantly better human development overall.
Index of Economic Freedom source (2024 data)49.9 (132nd)77.8 (5th)Argentina’s Index of Economic Freedom is 35.9% lower than Denmark’s, 27.9 points less.
GINI source (2022 data), updated 202442 (2021 est.)27.5 (2020 est.)With a 52% higher Gini coefficient, Argentina has a higher degree of income inequality than Denmark.

International trade source(2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaDenmark Flag of Denmark
Total imports92.57B USD240.27B
Imports % of GDP15.35%58.92%
Main import partnersChina 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%Germany 20%, Sweden 12%, China 9%, Netherlands 8%, Norway 5%
Main import itemsrefined petroleum, vehicle parts/accessories, natural gas, fertilizers, carsgarments, cars, refined petroleum, electricity, packaged medicine
Total exports83.36B USD278.92B
Exports % of GDP16.30%70.01%
Main export PartnersBrazil 15%, China 9%, US 8%, Chile 6%, India 5%Germany 15%, US 11%, Sweden 10%, Netherlands 6%, Norway 5%
Main export itemssoybean meal, corn, soybean oil, wheat, truckspackaged medicine, garments, fish, electricity, refined petroleum

Argentina’s imports are less than half of Denmark’s, and Argentina imports 43.57% less of its GDP compared to Denmark. Argentina’s exports are just 30% of Denmark’s, focusing on basic goods like soy and wheat, while Denmark excels in advanced products.

Military Power source (2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaDenmark Flag of Denmark
Military expenditure3.1B USD8.1B USD
Military expenditure (% of GDP)0.41%1.42%
Active military72k15k
Active military per 1,000 capita2.310.1

Argentina’s military expenditure is approximately 62% lower than Denmark’s, with a budget of $3.12 billion compared to Denmark’s $8.14 billion, and Argentina allocates a smaller percentage of its GDP to defense at 0.41% versus Denmark’s 1.42%.

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