Argentina and South Africa Economies: A Side-by-Side Table Comparison

Argentina and South Africa present a fascinating comparison. South Africa’s population is about 1.3 times larger, while Argentina’s land area is over twice as expansive. Economically, Argentina boasts a higher GDP and per capita income, yet South Africa shows greater income inequality and military spending.

Basic Indicators

IndicatorArgentina Flag of ArgentinaSouth Africa Flag of South AfricaComparison
Population source (2022 data), updated 202446.23 million (32nd)59.89 million (23rd)South Africa’s population is approximately 1.29 times larger than Argentina’s.
Surface area (sq. km) source (2022 data), updated 20242.78 million sq. km (8th)1.22 million sq. km (24th)Argentina is 2.28 times larger than South Africa.
GDP source (2022 data), updated 2024631.13B USD (22nd)405.27B USD (37th)Argentina’s total GDP is 1.56 times larger than South Africa’s.
GDP per capita source (2022 data), updated 2024$13,651 (64th)6,766 USD (94th)Argentina’s GDP per capita is roughly 102% higher than South Africa’s, with Argentinians producing about $6,884 more per person annually.

Economic Indexes

IndexArgentina Flag of ArgentinaSouth Africa Flag of South AfricaComparison
HDI (Human Development Index) source (2022 data), updated 20240.849 (48th)0.717 (103rd)Argentina’s HDI is 0.849 (high), while South Africa’s is 0.717 (medium). Argentina’s score is 0.132 higher, indicating significantly better human development overall.
Index of Economic Freedom source (2024 data)49.9 (132nd)55.3 (101st)Argentina’s Index of Economic Freedom is 10% lower than South Africa’s, 5.4 points less.
GINI source (2022 data), updated 202442 (2021 est.)63 (2014 est.)With a 50% higher Gini coefficient, South Africa has a higher degree of income inequality than Argentina.

International trade source(2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaSouth Africa Flag of South Africa
Total imports92.57B USD123.54B
Imports % of GDP15.35%31.52%
Main import partnersChina 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%China 21%, Germany 9%, India 7%, US 5%, Saudi Arabia 4%
Main import itemsrefined petroleum, vehicle parts/accessories, natural gas, fertilizers, carsrefined petroleum, cars, crude petroleum, vehicle parts/accessories, broadcasting equipment
Total exports83.36B USD124.73B
Exports % of GDP16.30%33.54%
Main export PartnersBrazil 15%, China 9%, US 8%, Chile 6%, India 5%China 16%, US 7%, Germany 7%, India 6%, Japan 6%
Main export itemssoybean meal, corn, soybean oil, wheat, trucksgold, platinum, coal, cars, diamonds

Argentina’s imports are 25% less than South Africa’s, and Argentina’s imports make up 16% less of its GDP compared to South Africa. Argentina’s exports are $83.36B, mainly soy and corn, while South Africa’s are $124.73B, focusing on gold and diamonds.

Military Power source (2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaSouth Africa Flag of South Africa
Military expenditure3.1B USD2.8B USD
Military expenditure (% of GDP)0.41%0.74%
Active military72k65k
Active military per 1,000 capita2.31.5

Argentina’s military expenditure is approximately 12% higher than South Africa’s, but it allocates a smaller percentage of its GDP to defense compared to South Africa’s significantly higher commitment.

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