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

Argentina and Singapore present a striking contrast across various key indicators. Argentina’s population is over 8 times larger, yet it covers an area nearly 4,000 times bigger. While Argentina’s GDP is 1.35 times larger, its GDP per capita lags significantly behind. In terms of military spending, Singapore invests over 4 times more, reflecting its stronger defense focus. Additionally, Singapore’s imports and exports far exceed Argentina’s, showcasing a more diverse economy.

Basic Indicators

IndicatorArgentina Flag of ArgentinaSingapore Flag of SingaporeComparison
Population source (2022 data), updated 202446.23 million (32nd)5.64 million (110th)Argentina’s population is approximately 8.2 times larger than Singapore’s.
Surface area (sq. km) source (2022 data), updated 20242.78 million sq. km (8th)0.0007 million sq. km (171st)Argentina is 3960 times larger than Singapore.
GDP source (2022 data), updated 2024631.13B USD (22nd)466.79B USD (32nd)Argentina’s total GDP is approximately 1.35 times larger than Singapore’s.
GDP per capita source (2022 data), updated 2024$13,651 (64th)82,808 USD (9th)Argentina’s GDP per capita is roughly 83% lower than Singapore’s, with Argentinians producing about $69,157 less per person annually.

Economic Indexes

IndexArgentina Flag of ArgentinaSingapore Flag of SingaporeComparison
HDI (Human Development Index) source (2022 data), updated 20240.849 (48th)0.949 (9th)Argentina’s HDI is 0.849 (high), while Singapore’s is 0.949 (very high). Singapore’s score is 0.100 higher, indicating significantly better human development overall.
Index of Economic Freedom source (2024 data)49.9 (132nd)83.5 (1st)Argentina’s Index of Economic Freedom is 40.6% lower than Singapore’s, 33.6 points less.
GINI source (2022 data), updated 202442 (2021 est.)45.9 (2017)With a 10% higher Gini coefficient, Singapore has a higher degree of income inequality than Argentina.

International trade source(2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaSingapore Flag of Singapore
Total imports92.57B USD686.66B
Imports % of GDP15.35%150.31%
Main import partnersChina 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%China 17%, Malaysia 13%, US 10%, Taiwan 9%, South Korea 5%
Main import itemsrefined petroleum, vehicle parts/accessories, natural gas, fertilizers, carsintegrated circuits, refined petroleum, crude petroleum, gold, machinery
Total exports83.36B USD873.99B
Exports % of GDP16.30%186.55%
Main export PartnersBrazil 15%, China 9%, US 8%, Chile 6%, India 5%Hong Kong 14%, China 13%, Malaysia 9%, US 8%, Indonesia 6%
Main export itemssoybean meal, corn, soybean oil, wheat, trucksintegrated circuits, refined petroleum, machinery, gold, gas turbines

Argentina’s imports are just 13.5% of Singapore’s, while Singapore’s imports are a whopping 134.96% more of its GDP than Argentina’s. Argentina’s exports are 10 times less than Singapore’s, focusing on basic goods like soybeans, while Singapore’s are high-tech and diverse.

Military Power source (2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaSingapore Flag of Singapore
Military expenditure3.1B USD13.2B USD
Military expenditure (% of GDP)0.41%2.77%
Active military72k51k
Active military per 1,000 capita2.351.9

Argentina’s military expenditure is significantly lower at $3.12 billion, accounting for only 0.41% of its GDP, while Singapore’s military budget is $13.2 billion, representing a substantial 2.77% of its GDP, highlighting Singapore’s stronger commitment to defense.

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