Argentina and Hong Kong Economies: A Side-by-Side Table Comparison

Argentina and Hong Kong present a striking contrast across various key indicators. Argentina’s population is over six times larger, while its land area dwarfs Hong Kong by more than 2,500 times. Economically, Argentina’s GDP is about 1.75 times bigger, yet its GDP per capita lags significantly behind, producing much less per person. In terms of economic freedom and income inequality, Hong Kong outpaces Argentina, showcasing notable differences in trade, with Argentina exporting far less and importing significantly fewer goods.

Basic Indicators

IndicatorArgentina Flag of ArgentinaHong Kong Flag of Hong KongComparison
Population source (2022 data), updated 202446.23 million (32nd)7.35 million (100th)Argentina’s population is approximately 6.3 times larger than Hong Kong’s.
Surface area (sq. km) source (2022 data), updated 20242.78 million sq. km (8th)0.0011 million sq. km (164th)Argentina is 2,527 times larger than Hong Kong.
GDP source (2022 data), updated 2024631.13B USD (22nd)359.84B USD (41st)Argentina’s total GDP is approximately 1.75 times larger than Hong Kong’s.
GDP per capita source (2022 data), updated 2024$13,651 (64th)48,984 USD (23rd)Argentina’s GDP per capita is roughly 72% lower than Hong Kong’s, with Argentinians producing about $35,333 less per person annually.

Economic Indexes

IndexArgentina Flag of ArgentinaHong Kong Flag of Hong KongComparison
HDI (Human Development Index) source (2022 data), updated 20240.849 (48th)0.956 (4th)Argentina’s HDI is 0.849 (high), while Hong Kong’s is 0.956 (very high). Hong Kong’s score is 0.107 higher, indicating significantly better human development overall.
Index of Economic Freedom source (2024 data)49.9 (132nd)89.1 (2020) (46th)Argentina’s Index of Economic Freedom is 43.2% lower than Hong Kong’s, 39.2 points less.
GINI source (2022 data), updated 202442 (2021 est.)53.9 (2016 est.)With a 28% higher Gini coefficient, Hong Kong has a higher degree of income inequality than Argentina.

International trade source(2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaHong Kong Flag of Hong Kong
Total imports92.57B USD670.09B
Imports % of GDP15.35%189.93%
Main import partnersChina 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%China 44%, Taiwan 11%, Singapore 8%, South Korea 5%, Japan 4%
Main import itemsrefined petroleum, vehicle parts/accessories, natural gas, fertilizers, carsintegrated circuits, broadcasting equipment, machine parts, gold, jewelry
Total exports83.36B USD673.31B
Exports % of GDP16.30%193.86%
Main export PartnersBrazil 15%, China 9%, US 8%, Chile 6%, India 5%China 21%, India 13%, Netherlands 6%, Switzerland 4%, US 3%
Main export itemssoybean meal, corn, soybean oil, wheat, trucksgold, integrated circuits, gas turbines, broadcasting equipment, machine parts

Argentina’s imports are about 14 times less than Hong Kong’s, and Argentina imports 80% less of its GDP compared to Hong Kong. Argentina’s exports are 12 times smaller than Hong Kong’s, focusing on basic goods like soy, while Hong Kong excels in high-tech products.

Military Power source (2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaHong Kong Flag of Hong Kong
Military expenditure3.1B USDNo military
Military expenditure (% of GDP)0.41%0.00%
Active military72kNone
Active military per 1,000 capita2.30
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