Argentina and Turkey (Turkiye) Economies: A Side-by-Side Table Comparison

Argentina and Turkey present a fascinating contrast across various indicators. Turkey’s population is nearly twice as large, while Argentina boasts a land area over three times greater. Economically, Turkey’s GDP surpasses Argentina’s, yet Argentinians enjoy a higher income per person. In military spending, Turkey’s commitment is significantly stronger, and when it comes to trade, Turkey’s imports and exports far exceed those of Argentina.

Basic Indicators

IndicatorArgentina Flag of ArgentinaTurkey (Turkiye) Flag of TurkeyComparison
Population source (2022 data), updated 202446.23 million (32nd)84.98 million (17th)Turkey’s population is approximately 1.84 times larger than Argentina’s.
Surface area (sq. km) source (2022 data), updated 20242.78 million sq. km (8th)0.79 million sq. km (35th)Argentina is 3.5 times larger than Turkey.
GDP source (2022 data), updated 2024631.13B USD (22nd)907.12B USD (19th)Turkey’s total GDP is 1.44 times larger than Argentina’s.
GDP per capita source (2022 data), updated 2024$13,651 (64th)10,675 USD (74th)Argentina’s GDP per capita is roughly 28% higher than Turkey’s, with Argentinians producing about $6,876 more per person annually.

Economic Indexes

IndexArgentina Flag of ArgentinaTurkey (Turkiye) Flag of TurkeyComparison
HDI (Human Development Index) source (2022 data), updated 20240.849 (48th)0.855 (46th)Argentina’s HDI is 0.849 (high), while Turkey’s is 0.855 (high). Turkey’s score is 0.006 higher, indicating slightly better human development overall.
Index of Economic Freedom source (2024 data)49.9 (132nd)56.2 (93rd)Argentina’s Index of Economic Freedom is 11.3% lower than Turkey’s, 6.3 points less.
GINI source (2022 data), updated 202442 (2021 est.)41.9 (2019 est.)With a 10% higher Gini coefficient, Argentina has a higher degree of income inequality than Turkey.

International trade source(2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaTurkey (Turkiye) Flag of Turkey
Total imports92.57B USD386.83B
Imports % of GDP15.35%42.59%
Main import partnersChina 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%China 13%, Germany 9%, Russia 8%, US 5%, Italy 5%
Main import itemsrefined petroleum, vehicle parts/accessories, natural gas, fertilizers, carsgold, refined petroleum, plastics, scrap iron, cars
Total exports83.36B USD352.51B
Exports % of GDP16.30%38.58%
Main export PartnersBrazil 15%, China 9%, US 8%, Chile 6%, India 5%Germany 8%, US 7%, Iraq 5%, UK 5%, Italy 5%
Main export itemssoybean meal, corn, soybean oil, wheat, trucksgarments, refined petroleum, cars, jewelry, plastic products

Turkey’s imports are over four times Argentina’s, and Argentina imports 27% less of its GDP compared to Turkey. Argentina’s exports are just 24% of Turkey’s, focusing on basic goods like soybeans, while Turkey’s are more diverse and advanced.

Military Power source (2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaTurkey (Turkiye) Flag of Turkey
Military expenditure3.1B USD15.8B USD
Military expenditure (% of GDP)0.41%1.23%
Active military72k355k
Active military per 1,000 capita2.310.7

Argentina’s military expenditure is significantly lower at $3.12 billion, constituting only 0.41% of its GDP, while Turkey’s military budget is $15.83 billion, representing a more substantial 1.23% of its GDP, highlighting Turkey’s greater commitment to defense.

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