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Economy of Argentina vs Syria compared: GDP & Debt

Updated on by Georank team

Argentina has a GDP of $638B compared to $20B for Syria, ranking 24/197 and 129/197 by economy size, respectively.

Argentina has $540B in government debt (84.7% of GDP), compared to $18.4B (30% of GDP) in Syria.

Argentina vs Syria GDP by year

Argentina
Syria
1x
Year GDP, current $
Argentina Syria
2024 $638,365,455,340 -
2023 $649,461,687,959 $19,993,439,950
2022 $633,993,756,301 $23,622,827,080
2021 $486,564,085,480 $14,353,205,678
2020 $385,740,508,437 $12,047,752,036
2019 $447,754,683,615 $22,583,045,060
2018 $524,819,892,360 $21,497,782,868
2017 $643,628,393,281 $16,369,843,352
2016 $557,532,320,663 $12,597,854,877
2015 $594,749,285,413 $16,466,863,117
2014 $526,319,673,732 $21,502,061,466
2013 $552,025,140,252 $21,361,254,635
2012 $545,982,375,701 $43,190,318,033
2011 $530,158,122,010 $67,539,428,159
2010 $423,627,422,092 $61,390,830,875
2009 $332,976,484,578 $54,111,735,629
2008 $361,558,037,110 $52,557,913,569
2007 $287,530,508,431 $40,465,318,382
2006 $232,557,260,817 $33,751,788,856
2005 $198,737,095,012 $28,858,965,517
2004 $164,657,930,453 $25,086,950,495
2003 $127,586,973,492 $21,828,144,686
2002 $97,724,004,252 $20,669,357,462
2001 $268,696,750,000 $20,237,024,725
2000 $284,203,750,000 $18,937,052,543
1999 $283,523,000,000 $15,873,875,969
1998 $298,948,250,000 $15,200,846,154
1997 $292,859,000,000 $14,505,233,463
1996 $272,149,750,000 $13,789,560,878
1995 $258,031,750,000 $11,396,706,587
1994 $257,440,000,000 $10,122,020,000
1993 $236,741,715,015 $13,695,962,055
1992 $228,778,917,308 $13,253,565,861
1991 $189,719,984,268 $12,981,833,333
1990 $141,352,654,305 $12,308,624,418
1989 $76,629,728,760 $9,853,395,762
1988 $126,890,235,049 $10,577,041,645
1987 $108,810,885,301 $11,356,215,543
1986 $105,872,372,614 $13,293,205,278
1985 $88,150,891,728 $16,403,539,893
1984 $116,915,052,107 $17,503,078,174
1983 $103,979,106,778 $17,589,277,143
1982 $84,307,486,837 $16,298,929,011
1981 $78,676,842,367 $15,518,201,335
1980 $76,961,923,741 $13,062,420,382
1979 $69,252,328,952 $9,929,681,529
1978 $89,049,453,088 $9,275,200,458
1977 $56,781,000,101 $7,696,011,396
1976 $51,169,499,892 $7,633,528,867
1975 $52,438,647,922 $6,826,980,444
1974 $72,436,777,342 $5,159,557,148
1973 $52,544,000,117 $3,239,487,516
1972 $34,733,000,536 $3,059,681,698
1971 $33,293,199,095 $2,589,851,325
1970 $31,584,210,366 $2,140,384,010
1969 $31,256,284,544 $2,245,011,515
1968 $26,436,857,247 $1,753,746,430
1967 $24,256,667,553 $1,580,229,799
1966 $28,630,474,728 $1,342,287,553
1965 $28,344,705,967 $1,472,036,540
1964 $25,605,249,382 $1,339,494,267
1963 $18,272,123,664 $1,200,447,408
1962 $18,337,691,145 $1,110,565,881
1961 $20,132,220,375 $945,244,972
1960 $15,865,474,315 $857,704,413

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/argentina/syria | CC BY

GDP per capita in Argentina vs Syria by year

Argentina
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Argentina Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $13,970 $30,431 - -
2023 $14,262 $30,221 $847 $4,650
2022 $13,962 $29,809 $1,052 $4,772
2021 $10,738 $26,300 $664 $4,593
2020 $8,536 $22,393 $572 $3,738
2019 $9,956 $23,517 $1,110 $3,502
2018 $11,753 $24,410 $1,098 $3,456
2017 $14,533 $23,385 $852 $3,265
2016 $12,700 $20,106 $656 -
2015 $13,680 $19,899 $848 -
2014 $12,233 $19,487 $1,061 -
2013 $12,964 $19,929 $986 -
2012 $12,950 $19,430 $1,898 -
2011 $12,704 $19,105 $2,952 -
2010 $10,260 $17,848 $2,731 -
2009 $8,150 $16,182 $2,462 -
2008 $8,944 $17,277 $2,429 -
2007 $7,185 $16,455 $1,938 -
2006 $5,869 $14,844 $1,719 -
2005 $5,068 $13,465 $1,534 -
2004 $4,242 $12,118 $1,368 -
2003 $3,320 $10,933 $1,220 -
2002 $2,570 $9,953 $1,183 -
2001 $7,141 $11,118 $1,187 -
2000 $7,637 $11,500 $1,138 -
1999 $7,706 $11,464 $978 -
1998 $8,219 $11,836 $961 -
1997 $8,147 $11,403 $941 -
1996 $7,663 $10,496 $918 -
1995 $7,358 $9,891 $780 -
1994 $7,438 $10,103 $712 -
1993 $6,932 $9,472 $993 -
1992 $6,790 $8,668 $990 -
1991 $5,709 $7,961 $1,000 -
1990 $4,315 $7,158 $978 -
1989 $2,375 - $809 -
1988 $3,993 - $898 -
1987 $3,477 - $997 -
1986 $3,436 - $1,208 -
1985 $2,906 - $1,544 -
1984 $3,915 - $1,706 -
1983 $3,538 - $1,776 -
1982 $2,915 - $1,703 -
1981 $2,764 - $1,676 -
1980 $2,748 - $1,458 -
1979 $2,512 - $1,146 -
1978 $3,282 - $1,108 -
1977 $2,126 - $951 -
1976 $1,947 - $976 -
1975 $2,027 - $904 -
1974 $2,845 - $707 -
1973 $2,098 - $459 -
1972 $1,409 - $448 -
1971 $1,373 - $393 -
1970 $1,323 - $335 -
1969 $1,330 - $364 -
1968 $1,142 - $293.3 -
1967 $1,064 - $272.9 -
1966 $1,275 - $239.3 -
1965 $1,282 - $270.8 -
1964 $1,176 - $254.2 -
1963 $853 - $234.9 -
1962 $870 - $223.9 -
1961 $971 - $196.3 -
1960 $778 - $183.5 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/argentina/syria | CC BY

Argentina's GDP per capita is $13,970, ranking 72/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), Argentina ranks 73rd at $30,431, while Syria ranks 160th at $4,650.

Economic indicators

Argentina Syria
Gross domestic product
$638B
2024
$20B
2023
GDP rank
24/197
2024
129/197
2023
GDP growth
-1.34%
2023-2024
-1.21%
2022-2023
GDP per capita
$13,970
2024
$847
2023
GDP per capita rank
72/197
2024
185/197
2023
GDP per capita, PPP
$30,431
2024
$4,650
2023
GDP per capita PPP rank
73/197
2024
160/197
2023
Government debt
$540B
2024
$18.4B
2010
Debt-to-GDP ratio
84.7%
2024
30%
2010
Government debt per person
$11,826
2024
$820
2010
Government debt per person rank
46/185
2024
148/185
2010
Average annual personal income after taxes
$8,743
2026
$730
2026
Market capitalization of domestic companies
$52.9B
2022
n/a
Number of billionaires
5
2025
n/a
Income share by richest 10%
31.2%
2024
21.1%
2022
Income share by poorest 10%
1.9%
2024
3.8%
2022
Government expenditure, % of GDP
31%
2024
28.6%
2010
Consumer prices inflation
219.9%
2023-2024
13.4%
2018-2019
Central bank interest rate
29%
2025
n/a
Unemployment rate
1.69%
2024
8.61%
2010
Population
46048053
26829400

Spending and national debt comparison by year

Argentina
Spending

Debt
Syria
Spending

Debt
1x
Year % of GDP
Argentina Syria
Government spending Government debt Government spending Government debt
2024 31% 84.7% - -
2023 37.6% 154.6% - -
2022 37.6% 84.3% - -
2021 37.9% 81% - -
2020 42.5% 103.8% - -
2019 38.1% 89.8% - -
2018 38.9% 85.2% - -
2017 41.1% 57% - -
2016 41.5% 53.1% - -
2015 41.4% 52.6% - -
2014 38.9% 44.7% - -
2013 37.6% 43.5% - -
2012 36.8% 40.4% - -
2011 34.9% 38.9% - -
2010 33.4% 43.5% 28.6% 30%
2009 34.5% 55.4% 26.7% 31.2%
2008 30.8% 53.8% 22.9% 37.3%
2007 29.6% 62.1% 25.7% 42.7%
2006 26.6% 70.8% 26.3% 45%
2005 24.4% 80.3% 28.2% 50.7%
2004 23% 117.9% 31.3% 113%
2003 22% 125.2% 32.6% 133.4%
2002 21.9% 147.2% 28.5% 132.4%
2001 26.4% 48% 28% 144.5%
2000 25.2% 40.8% 27.4% 152.1%
1999 25.5% 38.9% 28% 147.7%
1998 23.1% 34.1% 28.8% 151.2%
1997 22.6% 31.7% 29% 147.6%
1996 22.7% 32.6% 27.7% 141.5%
1995 22.9% 30.7% 29.8% 152.6%
1994 22.9% 28.4% 30.3% 163%
1993 22% 26.9% 29.4% 171.9%
1992 12.1% 25% 34.2% 173.6%
1991 11.4% 35.7% 34.3% 182.4%
1990 11% 48.5% 28.3% 189.8%
1989 11% 118.2% - -
1988 12.3% 61.4% - -
1987 13.7% 74.1% - -
1986 13.7% 55.9% - -
1985 14.7% 55.2% - -
1984 13% 54.6% - -
1983 14.2% 64.2% - -
1982 15.9% 52.2% - -
1981 17% 26.5% - -
1980 15.2% 11.4% - -
1979 14.5% 12.4% - -
1978 14.9% 17.5% - -
1977 12.6% 25.1% - -
1976 13% 28.7% - -
1975 12.5% 33.8% - -
1974 14% 13% - -
1973 12.6% 12% - -
1972 11.2% 17.1% - -
1971 11.7% 15.2% - -
1970 12% 13.5% - -
1969 12.3% 9.63% - -
1968 12.8% 9.43% - -
1967 13% 10.9% - -
1966 12.1% 13.4% - -
1965 11.6% 15.9% - -
1964 11.8% 16.8% - -
1963 11.2% 23.4% - -
1962 11.3% 25.1% - -
1961 12.3% 8.69% - -
1960 11.3% 8.39% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1992, retrieved 2026-02-20).

GeoRank.org/economy/argentina/syria | CC BY

In 2024, Argentina's government spending was $198B, accounting for 31% of its GDP, while Syria spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 84.7% in Argentina and 30% in Syria, ranking 39/185 and 157/185, respectively.

Government deficit by year

Deficit/surplus
Argentina

Syria
1x
Year Deficit/surplus, % of GDP
Argentina Syria
2024 0.46% -
2023 -5.33% -
2022 -3.84% -
2021 -4.33% -
2020 -8.67% -
2019 -4.44% -
2018 -5.44% -
2017 -6.69% -
2016 -6.65% -
2015 -6% -
2014 -4.25% -
2013 -3.25% -
2012 -3.02% -
2011 -2.75% -
2010 -1.39% -7.79%
2009 -1.83% -2.89%
2008 0.35% -2.86%
2007 0.76% -2.99%
2006 1.65% -1.12%
2005 3.34% -4.41%
2004 3.97% -4.18%
2003 1.5% -2.7%
2002 -1.91% -2.02%
2001 -5.36% 2.3%
2000 -3.42% -1.36%
1999 -3.71% -1.47%
1998 -1.83% -2.81%
1997 -1.84% -1.78%
1996 -2.81% -2.83%
1995 -2.07% -3.81%
1994 -1.25% -6%
1993 -0.02% -4.96%
1992 1.54% -7.26%
1991 0.96% -6.57%
1990 -0.14% -3.92%
1989 -0.25% -
1988 -1.75% -
1987 1.89% -
1986 3.3% -
1985 3.6% -
1984 -1.39% -
1983 -2.89% -
1982 -4.68% -
1981 -3.93% -
1980 -1.14% -
1979 -1.5% -
1978 -1.36% -
1977 -0.54% -
1976 -2.39% -
1975 -2.9% -
1974 -1.08% -
1973 -1.48% -
1972 -0.12% -
1971 0.32% -
1970 1.01% -
1969 0.54% -
1968 0.25% -
1967 0.66% -
1966 -0.98% -
1965 -0.89% -
1964 -1.34% -
1963 -0.65% -
1962 -0.47% -
1961 1.73% -
1960 -1.98% -
1959 -4.82% -
1958 -6.61% -
1957 -2.72% -
1956 -3.77% -
1955 -3.75% -
1954 -3.21% -
1953 -3.1% -
1952 -3.01% -
1951 -3.52% -
1950 -3.38% -
1949 -3.98% -
1948 -2.73% -
1947 -1.6% -
1946 -4.12% -
1945 -5.25% -
1944 -4.61% -
1943 -3.86% -
1942 -2.9% -
1941 -2.85% -
1940 -2.31% -
1939 -3.09% -
1938 -2.09% -
1937 -1.62% -
1936 -1.44% -
1935 -1.16% -
1934 -1.56% -
1933 -1.27% -
1932 -1.19% -
1931 -2.98% -
1930 -3.94% -
1929 -1.95% -
1928 -1.52% -
1927 -3.3% -
1926 -1% -
1925 -0.46% -
1924 -0.68% -
1923 -0.93% -
1922 -1.86% -
1921 -0.99% -
1920 0.2% -
1919 -0.3% -
1918 -1.14% -
1917 -2.18% -
1916 -2.13% -
1915 -2.64% -
1914 -3.03% -
1913 -0.61% -
1912 -0.78% -
1911 -2.19% -
1910 -2.24% -
1909 -2.57% -
1908 0.28% -
1907 -0.2% -
1906 -0.32% -
1905 -3.52% -
1904 0.15% -
1903 -0.25% -
1902 -2.2% -
1901 -0.54% -
1900 -0.42% -
1899 -0.4% -
1898 -9.31% -
1897 -1.46% -
1896 -4.19% -
1895 -1.59% -
1894 -1.06% -
1893 0.06% -
1892 -1.33% -
1891 -4.48% -
1890 -1.82% -
1889 -2.88% -
1888 -0.69% -
1887 0.35% -
1886 -2.39% -
1885 -2.67% -
1884 -4.07% -
1883 -4.19% -
1882 -5.42% -
1881 -2.31% -
1880 -2.15% -
1879 -1.09% -
1878 -1.08% -
1877 -1.68% -
1876 -4.15% -
1875 -3.08% -
1874 -2.59% -
1873 -1.39% -
1872 -1.18% -
1871 -5.54% -
1870 -2.74% -
1869 -1.61% -
1868 -1.8% -
1867 -1.08% -
1866 -2.09% -
1865 -0.79% -
1864 0.51% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1864–1992, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/argentina/syria | CC BY

In 2010, Argentina's government deficit, the difference between spending and revenue, was $5.9B, equivalent to 1.39% of GDP. This compares to Syria's deficit of $4.78B, or 7.79% of GDP.

Over the past 21 years, Argentina recorded a fiscal deficit in 13 of those years, while Syria ran a deficit in 20 years. On average, Argentina posted an annual deficit equal to 0.64% of GDP, compared to deficit of 3.4% of GDP for Syria.

Inflation comparison by year

Inflation
Argentina

Syria
1x
Year Consumer prices inflation
Argentina Syria
2024 219.9% -
2023 133.5% -
2022 72.4% -
2021 48.4% -
2020 42% -
2019 53.5% 13.4%
2018 34.3% 0.94%
2017 25.7% 18.1%
2016 - 47.7%
2015 - 38.5%
2014 - 10.9%
2013 10.6% 40%
2012 10% 36.7%
2011 9.8% 4.75%
2010 10.5% 4.4%
2009 6.3% 2.92%
2008 8.6% 15.7%
2007 8.8% 3.91%
2006 10.9% 10%
2005 9.6% 7.24%
2004 4.4% 4.43%
2003 13.4% 5.8%
2002 25.9% -0.13%
2001 -1.1% 3%
2000 -0.9% -3.85%
1999 -1.2% -3.7%
1998 0.9% -0.8%
1997 - 1.89%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1998–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2019, retrieved 2026-04-06).

GeoRank.org/economy/argentina/syria | CC BY

Over the past 22 years, Argentina has recorded an average annual inflation rate of 12.6%, compared with 11.8% in Syria. In 2019, inflation was 219.9% in Argentina and 13.4% in Syria.

Top exports between countries

Argentina
Export category Export value
Raw agricultural goods $67.1M
Miscellaneous $32.6M
Syria
Export category Export value
Chemicals & pharma $266K
Raw agricultural goods $205K
Textiles & consumer goods $42K
Metals $6K
Miscellaneous $5K
Processed food, beverages & tobacco $4K
Precious metals & jewellery $3K

Balance of trade

Argentina Syria
Current account balance
$5.7B
2024
-$367M
2010
Current account balance ranking
32/190
2024
103/190
2010
Current account balance, % of GDP
+0.89%
2024
-0.6%
2010
Goods imports
$57.4B
2024
$15.9B
2010
Goods exports
$79.8B
2024
$12.3B
2010
Service imports
$22.9B
2024
$3.53B
2010
Service exports
$17.2B
2024
$7.33B
2010
Imports of goods and services, % of GDP
12.7%
2024
28.8%
2022
Exports of goods and services, % of GDP
15.2%
2024
6.81%
2022

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Argentina Syria
Economic freedom 57.4 51.2
Economic freedom ranking 117/197 155/197
Property rights 41.2 4
Government integrity 41.2 3.6
Judicial effectiveness 58.2 3.7
Tax burden 67.8 87.3
Government spending 62.3 78.5
Fiscal health 72.2 13.8
Business freedom 56.8 33.8
Labor freedom 53.5 37.2
Monetary freedom 28.9 80
Trade freedom 67.4 47
Investment freedom 70 0
Financial freedom 70 20

Economic freedom comparison by year

Argentina
Syria
1x
Year Economic freedom index
Argentina Syria
2026 57.4 -
2025 54.2 -
2024 49.9 -
2023 51 -
2022 50.1 -
2021 52.7 -
2020 53.1 -
2019 52.2 -
2018 52.3 -
2017 50.4 -
2016 43.8 -
2015 44.1 -
2014 44.6 -
2013 46.7 -
2012 48 51.2
2011 51.7 51.3
2010 51.2 49.4
2009 52.3 51.3
2008 54.2 47.2
2007 54 48.3
2006 53.4 51.2
2005 51.7 46.3
2004 53.9 40.6
2003 56.3 41.3
2002 65.7 36.3
2001 68.6 36.6
2000 70 37.2
1999 70.6 39
1998 70.9 42.2
1997 73.3 43
1996 74.7 42.3
1995 68 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/argentina/syria | CC BY

The Economic Freedom Index for Argentina is 57.4, ranking 117/197, compared to 51.2 for Syria, ranking 155/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Argentina Syria
Services, % of GDP
53.7%
2024
44.9%
2022
Industry, % of GDP
24%
2024
12%
2022
Agriculture, forestry, and fishing, % of GDP
5.81%
2024
43.1%
2022
GNI, Atlas method
$618B
2024
$18.2B
2023
GNI per capita, PPP
$29,800
2024
$4,480
2023
Total reserves including gold
$29.6B
2024
$20.6B
2010
Total reserves ranking
56/177
2024
62/177
2010
Net foreign direct investment
-$8.89B
2024
-$1.47B
2010
Net inflows of foreign direct investment
$11.6B
2024
$0
2024
Net outflows of foreign direct investment
$2.76B
2024
$0
2024
Servicing debt to the IMF, % of GNI
6.32%
2024
0.15%
2023
Poverty at national poverty lines
38.1%
2024
35.2%
2007
Gross capital formation, % of GDP
15.8%
2024
16%
1969

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/argentina/syria | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1864–1992, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2010–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.