Argentina vs Eritrea: Economic Indicators Comparison

Argentina with a GDP of $519.9B ranked the 25th largest economy in the world, while Eritrea ranked 170th with $2.6B. By GDP 5-years average growth and GDP per capita, Argentina and Eritrea ranked 169th vs 79th and 66th vs 178th, respectively.

Gross Domestic Product & Income

StatArgentinaEritrea
GDP$519.9B$2.6B
GDP growth, 1 year-2.5%4.2%
GDP growth, 5-years average-0.3%3.3%
Population44.9M3.5M
GDP per capita$12k$811
GDP per capita growth-3.47%7.21%
Purchasing Power Parity conversion factor15.935.93
Price level ratio of PPP conversion factor GDP to market exchange rate0.570.39
GDP per capita, PPP adjusted$21k$1.7k
GNI, Atlas method$551.2B$2.3B
GNI per capita$12k$720
GNI, PPP adjusted$884.2B$6.7B
GNI per capita, PPP adjusted$20k$2.1k

Financial system and Human development

StatArgentinaEritrea
Income Tax Rate35%30%
Corporate Tax Rate30%30%
Inflation, consumer prices34.3%9%
Inflation, GDP deflator40.7%13.3%
Unemployment9.5%6.5%
Economic Freedom Index53.138.5
Personal Freedom Index8.194.8
Human Freedom Index7.14.8
Property Rights Index50.532.5
Judical Effectiveness Index4714.3
Business Freedom Index60.218.2
Fiscal Health Index24.70
Labor Freedom Index46.569.7
Investment Freedom Index550
Financial Freedom Index6020
Trade Freedom Index69.269.2
Monetary Freedom Index53.761
Government Spending Index50.774.7
Tax Burden Index69.681.4
Government Integrity Index49.721.4
Corruption Perceptions Index4024
Life expectancy at birth, years76.465.5
Suicide mortality rate, per 100,000 people9.27.9
Mortality caused by road traffic injury, per 100,000 people1425.3
Intentional homicides, per 100,000 people5.18
International tourism, number of arrivals6.9M142k

Government debt & reserves

StatArgentinaEritrea
Central government debt, % of GDP86.3%129.4%
External debt stocks, % of GNI56.1%40.8%
External debt stocks$280.5B$791.2M
Short-term debt, % of total reserves102.1%16%
Total debt service, % of exports and primary income45%4.3%
Adjusted net savings including particulate emission damage, % of GNI5.4%0.5%
Gross savings, % of GDP15.5%15.8%
Gross capital formation, % of GDP21%10%
Total reserves including gold$66.2B$114.8M
Foreign direct investment net inflows$11.9B$61M

Exports, imports and economic structure

StatArgentinaEritrea
Exports of goods and services, % of GDP14.3%14.4%
Imports of goods and services, % of GDP16.4%23.2%
Current account balance (balance of payments)-$27.5B-$104.7M
Revenue excluding grants, % of GDP19.4%N/A
Grants excluding technical cooperation, BoP$30.3M$82M
Personal remittances received$515.9M$3.3M
Industry including construction value added, % of GDP23%21.8%
Agriculture, forestry and fishing value added, % of GDP6.1%14.1%
Charges for the use of intellectual property, payments BoP$2B$281k
Charges for the use of intellectual property, receipts BoP$268.3M$94k
Expense, % of GDP24.3%N/A
Government Expenditure, % of GDP40.5%29.1%

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

Eritrea vs

CountryGDP
per capita
Population
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M