Argentina and United Kingdom Economies: A Side-by-Side Table Comparison
In comparing Argentina and the United Kingdom, we see notable contrasts: the UK has a population 1.45 times larger, while Argentina boasts a land area 11.58 times bigger. The UK’s GDP is nearly 5 times larger, and its economic freedom index is significantly higher. Meanwhile, Argentina faces greater income inequality and lower military spending, with imports and exports reflecting its focus on basic goods compared to the UK’s advanced products.
Argentina’s HDI is 0.849 (high), while the United Kingdom’s is 0.940 (very high). The UK’s score is 0.091 higher, indicating significantly better human development overall.
US 13%, Netherlands 9%, Germany 9%, China 8%, Ireland 7%
Main export items
soybean meal, corn, soybean oil, wheat, trucks
gold, cars, gas turbines, crude petroleum, packaged medicine
Argentina’s imports are about 8 times less than the UK’s, and Argentina’s imports are 58% lower as a share of GDP compared to the UK. Argentina’s exports are just 7.7% of the UK’s, focusing on basic goods like soybeans, while the UK exports advanced products like cars and gold.
Argentina’s military expenditure is significantly lower at $3.12 billion, constituting only 0.41% of its GDP, while the United Kingdom’s military budget is $74.94 billion, representing a much larger 2.23% of its GDP, highlighting a stark contrast in defense priorities and capabilities between the two nations.
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