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.

Basic Indicators

IndicatorArgentina Flag of ArgentinaUnited Kingdom Flag of the United KingdomComparison
Population source (2022 data), updated 202446.23 million (32nd)66.97 million (21st)The population of the United Kingdom is approximately 1.45 times larger than that of Argentina.
Surface area (sq. km) source (2022 data), updated 20242.78 million sq. km (8th)0.24 million sq. km (77th)Argentina is 11.58 times larger than the United Kingdom.
GDP source (2022 data), updated 2024631.13B USD (22nd)3,089.07B USD (6th)The United Kingdom’s total GDP is approximately 4.89 times larger than Argentina’s.
GDP per capita source (2022 data), updated 2024$13,651 (64th)46,125 USD (26th)Argentina’s GDP per capita is roughly 70% lower than the United Kingdom’s, with Argentinians producing about $32,474.65 less per person annually.

Economic Indexes

IndexArgentina Flag of ArgentinaUnited Kingdom Flag of the United KingdomComparison
HDI (Human Development Index) source (2022 data), updated 20240.849 (48th)0.94 (15th)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.
Index of Economic Freedom source (2024 data)49.9 (132nd)68.6 (29th)Argentina’s Index of Economic Freedom is 27.9% lower than the United Kingdom’s, 18.7 points less.
GINI source (2022 data), updated 202442 (2021 est.)32.6 (2020 est.)With a 28% higher Gini coefficient, Argentina has a higher degree of income inequality than the United Kingdom.

International trade source(2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaUnited Kingdom Flag of the United Kingdom
Total imports92.57B USD1.12T
Imports % of GDP15.35%36.09%
Main import partnersChina 21%, Brazil 20%, US 14%, Germany 3%, Paraguay 2%China 12%, Germany 10%, US 10%, Norway 8%, Netherlands 5%
Main import itemsrefined petroleum, vehicle parts/accessories, natural gas, fertilizers, carsnatural gas, cars, crude petroleum, gold, garments
Total exports83.36B USD1.08T
Exports % of GDP16.30%33.43%
Main export PartnersBrazil 15%, China 9%, US 8%, Chile 6%, India 5%US 13%, Netherlands 9%, Germany 9%, China 8%, Ireland 7%
Main export itemssoybean meal, corn, soybean oil, wheat, trucksgold, 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.

Military Power source (2023 data), updated 2024

IndicatorArgentina Flag of ArgentinaUnited Kingdom Flag of the United Kingdom
Military expenditure3.1B USD74.9B USD
Military expenditure (% of GDP)0.41%2.23%
Active military72k196k
Active military per 1,000 capita2.34.2

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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