Argentina vs the Cayman Islands: Economic Indicators Comparison

Argentina with a GDP of $519.9B ranked the 25th largest economy in the world, while the Cayman Islands ranked 158th with $5.1B. By GDP per capita, Argentina and the Cayman Islands ranked 66th vs 6th, respectively.

Gross Domestic Product & Income

StatArgentinaCayman Islands
GDP$519.9B$5.1B
GDP growth, 1 year-2.5%3.04%
GDP growth, 5-years average-0.3%N/A
Population44.9M58k
GDP per capita$12k$81k
GDP per capita growth-3.47%1.72%
Purchasing Power Parity conversion factor15.930.93
Price level ratio of PPP conversion factor GDP to market exchange rate0.571.12
GDP per capita, PPP adjusted$21k$73k
GNI, Atlas method$551.2B$3B
GNI per capita$12k$47k
GNI, PPP adjusted$884.2B$2.8B
GNI per capita, PPP adjusted$20k$44k

Financial system and Human development

StatArgentinaCayman Islands
Income Tax Rate35%N/A
Corporate Tax Rate30%N/A
Inflation, consumer prices34.3%-0.6%
Inflation, GDP deflator40.7%1.9%
Unemployment9.5%4.2%
Economic Freedom Index53.174
Personal Freedom Index8.198.1
Human Freedom Index7.18.1
Property Rights Index50.5N/A
Judical Effectiveness Index47N/A
Business Freedom Index60.2N/A
Fiscal Health Index24.7N/A
Labor Freedom Index46.5N/A
Investment Freedom Index55N/A
Financial Freedom Index60N/A
Trade Freedom Index69.2N/A
Monetary Freedom Index53.7N/A
Government Spending Index50.7N/A
Tax Burden Index69.6N/A
Government Integrity Index49.7N/A
Corruption Perceptions Index4076
Life expectancy at birth, years76.482.2
Suicide mortality rate, per 100,000 people9.20.5
Mortality caused by road traffic injury, per 100,000 people1414
Intentional homicides, per 100,000 people5.18.5
International tourism, number of arrivals6.9M463k

Government debt & reserves

StatArgentinaCayman Islands
Central government debt, % of GDP86.3%N/A
External debt stocks, % of GNI56.1%N/A
External debt stocks$280.5BN/A
Short-term debt, % of total reserves102.1%N/A
Total debt service, % of exports and primary income45%N/A
Adjusted net savings including particulate emission damage, % of GNI5.4%N/A
Gross savings, % of GDP15.5%N/A
Gross capital formation, % of GDP21%N/A
Total reserves including gold$66.2B$162.1M
Foreign direct investment net inflows$11.9B$57.4B

Exports, imports and economic structure

StatArgentinaCayman Islands
Exports of goods and services, % of GDP14.3%N/A
Imports of goods and services, % of GDP16.4%N/A
Current account balance (balance of payments)-$27.5B-$997.9M
Revenue excluding grants, % of GDP19.4%N/A
Grants excluding technical cooperation, BoP$30.3M$0
Personal remittances received$515.9M$15.6M
Industry including construction value added, % of GDP23%7.2%
Agriculture, forestry and fishing value added, % of GDP6.1%0.4%
Charges for the use of intellectual property, payments BoP$2B$68M
Charges for the use of intellectual property, receipts BoP$268.3M$9.3M
Expense, % of GDP24.3%N/A
Government Expenditure, % of GDP40.5%N/A

Compare with countries close by GDP per capita

Argentina vs

CountryGDP
per capita
Population
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k

Cayman Islands vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k