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

In comparing Argentina and India, we see stark contrasts: Argentina’s population is about 30 times smaller, while India’s land area is 1.18 times larger. India’s GDP is over 5 times greater, yet Argentina enjoys a significantly higher GDP per capita. In military spending, India outpaces Argentina nearly 27 times, and their trade focuses differ greatly, with Argentina exporting primarily agriculture and India, advanced goods.

Basic Indicators

Indicator	Argentina	India	Comparison
Population source (2022 data), updated 2024	46.23 million (32nd)	1417.17 million (1st)	Argentina’s population is approximately 30 times smaller than India’s.
Surface area (sq. km) source (2022 data), updated 2024	2.78 million sq. km (8th)	3.29 million sq. km (7th)	India is 1.18 times larger than Argentina.
GDP source (2022 data), updated 2024	631.13B USD (22nd)	3,416.65B USD (5th)	India’s total GDP is approximately 5.4 times larger than Argentina’s.
GDP per capita source (2022 data), updated 2024	$13,651 (64th)	2,411 USD (139th)	Argentina’s GDP per capita is roughly 466% higher than India’s, with Argentinians producing about $11,239.72 more per person annually.

Economic Indexes

Index	Argentina	India	Comparison
HDI (Human Development Index) source (2022 data), updated 2024	0.849 (48th)	0.644 (123rd)	Argentina’s HDI is 0.849 (high), while India’s is 0.644 (medium). Argentina’s score is 0.205 higher, indicating significantly better human development overall.
Index of Economic Freedom source (2024 data)	49.9 (132nd)	52.9 (116th)	Argentina’s Index of Economic Freedom is 5.9 points lower than India’s, indicating that Argentina’s score is approximately 11.1% lower.
GINI source (2022 data), updated 2024	42 (2021 est.)	34.2 (2021 est.)	With a 20% higher Gini coefficient, Argentina has a higher degree of income inequality than India.

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

Indicator	Argentina	India
Total imports	92.57B USD	859.49B
Imports % of GDP	15.35%	26.44%
Main import partners	China 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%	China 15%, UAE 7%, US 7%, Saudi Arabia 6%, Russia 6%
Main import items	refined petroleum, vehicle parts/accessories, natural gas, fertilizers, cars	crude petroleum, coal, gold, natural gas, diamonds
Total exports	83.36B USD	773.22B
Exports % of GDP	16.30%	22.79%
Main export Partners	Brazil 15%, China 9%, US 8%, Chile 6%, India 5%	US 18%, UAE 7%, Netherlands 4%, China 3%, Bangladesh 3%
Main export items	soybean meal, corn, soybean oil, wheat, trucks	refined petroleum, diamonds, packaged medicine, garments, jewelry

Argentina’s imports are about 10 times less than India’s, and Argentina’s imports make up 11% less of its GDP compared to India. Argentina’s exports are just over 10% of India’s, focusing on agriculture, while India exports more advanced goods like petroleum and diamonds.

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

Indicator	Argentina	India
Military expenditure	3.1B USD	83.6B USD
Military expenditure (% of GDP)	0.41%	2.43%
Active military	72k	1.4M
Active military per 1,000 capita	2.3	3.7

India’s military expenditure is approximately 26.8 times larger than Argentina’s at $83.6 billion, and it allocates a significantly higher percentage of its GDP to defense at 2.43%, compared to Argentina’s 0.41%.