Argentina vs the United States: Economic Indicators Comparison
The United States with a GDP of $20.5T ranked the 1st largest economy in the world, while Argentina ranked 25th with $519.9B. By GDP 5-years average growth and GDP per capita, the United States and Argentina ranked 113th vs 169th and 11th vs 66th, respectively.
Gross Domestic Product & Income
Stat | Argentina | United States |
---|---|---|
GDP | $519.9B | $20.5T |
GDP growth, 1 year | -2.5% | 2.9% |
GDP growth, 5-years average | -0.3% | 2.4% |
Population | 44.9M | 325.1M |
GDP per capita | $12k | $63k |
GDP per capita growth | -3.47% | 2.29% |
Purchasing Power Parity conversion factor | 15.93 | 1 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.57 | 1 |
GDP per capita, PPP adjusted | $21k | $63k |
GNI, Atlas method | $551.2B | $20.6T |
GNI per capita | $12k | $63k |
GNI, PPP adjusted | $884.2B | $20.8T |
GNI per capita, PPP adjusted | $20k | $64k |
Financial system and Human development
Stat | Argentina | United States |
---|---|---|
Income Tax Rate | 35% | 37% |
Corporate Tax Rate | 30% | 21% |
Inflation, consumer prices | 34.3% | 2.4% |
Inflation, GDP deflator | 40.7% | 2.4% |
Unemployment | 9.5% | 3.9% |
Economic Freedom Index | 53.1 | 76.6 |
Personal Freedom Index | 8.19 | 8.55 |
Human Freedom Index | 7.1 | 8.39 |
Property Rights Index | 50.5 | 81.8 |
Judical Effectiveness Index | 47 | 83.7 |
Business Freedom Index | 60.2 | 83.3 |
Fiscal Health Index | 24.7 | 54.3 |
Labor Freedom Index | 46.5 | 87.9 |
Investment Freedom Index | 55 | 85 |
Financial Freedom Index | 60 | 80 |
Trade Freedom Index | 69.2 | 79.8 |
Monetary Freedom Index | 53.7 | 75.5 |
Government Spending Index | 50.7 | 56.5 |
Tax Burden Index | 69.6 | 74.6 |
Government Integrity Index | 49.7 | 77.2 |
Corruption Perceptions Index | 40 | 71 |
Life expectancy at birth, years | 76.4 | 78.5 |
Suicide mortality rate, per 100,000 people | 9.2 | 15.3 |
Mortality caused by road traffic injury, per 100,000 people | 14 | 12.4 |
Intentional homicides, per 100,000 people | 5.1 | 5.3 |
International tourism, number of arrivals | 6.9M | 79.7M |
Government debt & reserves
Stat | Argentina | United States |
---|---|---|
Central government debt, % of GDP | 86.3% | 105.8% |
External debt stocks, % of GNI | 56.1% | N/A |
External debt stocks | $280.5B | N/A |
Short-term debt, % of total reserves | 102.1% | N/A |
Total debt service, % of exports and primary income | 45% | N/A |
Adjusted net savings including particulate emission damage, % of GNI | 5.4% | 6.1% |
Gross savings, % of GDP | 15.5% | 18.6% |
Gross capital formation, % of GDP | 21% | 21% |
Total reserves including gold | $66.2B | $449.9B |
Foreign direct investment net inflows | $11.9B | $258.4B |
Exports, imports and economic structure
Stat | Argentina | United States |
---|---|---|
Exports of goods and services, % of GDP | 14.3% | 12.2% |
Imports of goods and services, % of GDP | 16.4% | 15.3% |
Current account balance (balance of payments) | -$27.5B | -$491B |
Revenue excluding grants, % of GDP | 19.4% | 17.2% |
Grants excluding technical cooperation, BoP | $30.3M | N/A |
Personal remittances received | $515.9M | $6.7B |
Industry including construction value added, % of GDP | 23% | 18.2% |
Agriculture, forestry and fishing value added, % of GDP | 6.1% | 0.9% |
Charges for the use of intellectual property, payments BoP | $2B | $56.1B |
Charges for the use of intellectual property, receipts BoP | $268.3M | $128.7B |
Expense, % of GDP | 24.3% | 22.4% |
Government Expenditure, % of GDP | 40.5% | 38.1% |