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Economy of Argentina vs Vietnam compared: GDP & Debt

Updated on by Georank

Argentina has a GDP of $683B compared to $515B for Vietnam, ranking 25/197 and 33/197 by economy size, respectively.

Argentina has $549B in government debt (80.3% of GDP), compared to $156B (30.3% of GDP) in Vietnam.

Argentina vs Vietnam GDP by year

Argentina
Vietnam
1x
Year GDP, current $
Argentina Vietnam
2025 $683,097,891,619 $514,697,215,165
2024 $638,365,455,340 $476,324,572,784
2023 $649,461,687,959 $433,805,036,898
2022 $633,993,756,301 $413,445,230,669
2021 $486,564,085,480 $366,474,752,771
2020 $385,740,508,437 $346,615,738,538
2019 $447,754,683,615 $334,365,270,497
2018 $524,819,892,360 $310,106,478,395
2017 $643,628,393,281 $281,353,605,987
2016 $557,532,320,663 $257,096,001,178
2015 $594,749,285,413 $239,258,328,382
2014 $526,319,673,732 $233,451,469,643
2013 $552,025,140,252 $213,708,811,665
2012 $545,982,375,701 $195,590,661,129
2011 $530,158,122,010 $172,595,049,184
2010 $423,627,422,092 $147,201,173,197
2009 $332,976,484,578 $106,014,659,565
2008 $361,558,037,110 $99,130,304,099
2007 $287,530,508,431 $77,414,425,532
2006 $232,557,260,817 $66,371,664,817
2005 $198,737,095,012 $57,633,255,738
2004 $164,657,930,453 $45,427,854,693
2003 $127,586,973,492 $39,552,513,232
2002 $97,724,004,252 $35,064,105,501
2001 $268,696,750,000 $32,685,198,809
2000 $284,203,750,000 $31,172,518,403
1999 $283,523,000,000 $28,683,659,007
1998 $298,948,250,000 $27,209,602,050
1997 $292,859,000,000 $26,843,700,442
1996 $272,149,750,000 $24,657,470,575
1995 $258,031,750,000 $20,736,164,459
1994 $257,440,000,000 $16,286,433,533
1993 $236,741,715,015 $13,180,953,598
1992 $228,778,917,308 $9,866,990,236
1991 $189,719,984,268 $9,613,369,520
1990 $141,352,654,305 $6,471,740,806
1989 $76,629,728,760 $6,293,304,975
1988 $126,890,235,049 $25,423,812,649
1987 $108,810,885,301 $36,658,108,850
1986 $105,872,372,614 $26,336,616,250
1985 $88,150,891,728 $14,094,687,821
1984 $116,915,052,107 -
1983 $103,979,106,778 -
1982 $84,307,486,837 -
1981 $78,676,842,367 -
1980 $76,961,923,741 -
1979 $69,252,328,952 -
1978 $89,049,453,088 -
1977 $56,781,000,101 -
1976 $51,169,499,892 -
1975 $52,438,647,922 -
1974 $72,436,777,342 -
1973 $52,544,000,117 -
1972 $34,733,000,536 -
1971 $33,293,199,095 -
1970 $31,584,210,366 -
1969 $31,256,284,544 -
1968 $26,436,857,247 -
1967 $24,256,667,553 -
1966 $28,630,474,728 -
1965 $28,344,705,967 -
1964 $25,605,249,382 -
1963 $18,272,123,664 -
1962 $18,337,691,145 -
1961 $20,132,220,375 -
1960 $15,865,474,315 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Argentina vs Vietnam by year

Argentina
GDP per capita

GDP per capita, PPP
Vietnam
GDP per capita

GDP per capita, PPP
1x
Year Current $
Argentina Vietnam
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $14,898 - $5,066 -
2024 $13,970 $30,431 $4,717 $16,386
2023 $14,262 $30,221 $4,323 $15,034
2022 $13,962 $29,809 $4,148 $13,905
2021 $10,738 $26,300 $3,704 $12,049
2020 $8,536 $22,393 $3,534 $11,609
2019 $9,956 $23,517 $3,441 $11,029
2018 $11,753 $24,410 $3,222 $10,010
2017 $14,533 $23,385 $2,956 $9,170
2016 $12,700 $20,106 $2,735 $8,375
2015 $13,680 $19,899 $2,578 $7,672
2014 $12,233 $19,487 $2,546 $7,297
2013 $12,964 $19,929 $2,360 $6,758
2012 $12,950 $19,430 $2,185 $6,377
2011 $12,704 $19,105 $1,951 $5,786
2010 $10,260 $17,848 $1,683 $5,389
2009 $8,150 $16,182 $1,226 $5,061
2008 $8,944 $17,277 $1,164 $4,844
2007 $7,185 $16,455 $926 $4,581
2006 $5,869 $14,844 $808 $4,237
2005 $5,068 $13,465 $711 $3,894
2004 $4,242 $12,118 $565 $3,543
2003 $3,320 $10,933 $497 $3,240
2002 $2,570 $9,953 $445 $3,002
2001 $7,141 $11,118 $419 $2,809
2000 $7,637 $11,500 $404 $2,614
1999 $7,706 $11,464 $376 $2,421
1998 $8,219 $11,836 $361 $2,308
1997 $8,147 $11,403 $362 $2,189
1996 $7,663 $10,496 $337 $2,019
1995 $7,358 $9,891 $287.8 $1,841
1994 $7,438 $10,103 $229.9 $1,674
1993 $6,932 $9,472 $189.4 $1,534
1992 $6,790 $8,668 $144.5 $1,413
1991 $5,709 $7,961 $143.7 $1,298
1990 $4,315 $7,158 $98.8 $1,210
1989 $2,375 - $98.1 -
1988 $3,993 - $405 -
1987 $3,477 - $595 -
1986 $3,436 - $436 -
1985 $2,906 - $238.6 -
1984 $3,915 - - -
1983 $3,538 - - -
1982 $2,915 - - -
1981 $2,764 - - -
1980 $2,748 - - -
1979 $2,512 - - -
1978 $3,282 - - -
1977 $2,126 - - -
1976 $1,947 - - -
1975 $2,027 - - -
1974 $2,845 - - -
1973 $2,098 - - -
1972 $1,409 - - -
1971 $1,373 - - -
1970 $1,323 - - -
1969 $1,330 - - -
1968 $1,142 - - -
1967 $1,064 - - -
1966 $1,275 - - -
1965 $1,282 - - -
1964 $1,176 - - -
1963 $853 - - -
1962 $870 - - -
1961 $971 - - -
1960 $778 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Argentina's GDP per capita is $14,898, ranking 70/197, compared to $5,066 in Vietnam, ranking 122/197. Adjusted for purchasing power (GDP per capita PPP), Argentina ranks 73rd at $30,431, while Vietnam ranks 108th at $16,386.

Economic indicators

Argentina Vietnam
Gross domestic product
$683B
2025
$515B
2025
GDP rank
25/197
2025
33/197
2025
GDP growth
4.37%
2024-2025
8.02%
2024-2025
GDP per capita
$14,898
2025
$5,066
2025
GDP per capita rank
70/197
2025
122/197
2025
GDP per capita, PPP
$30,431
2024
$16,386
2024
GDP per capita PPP rank
73/197
2024
108/197
2024
Government debt
$549B
2025
$156B
2025
Debt-to-GDP ratio
80.3%
2025
30.3%
2025
Government debt per person
$11,965
2025
$1,537
2025
Government debt per person rank
52/185
2025
130/185
2025
Average annual personal income after taxes
$8,751
2026
$5,133
2026
Market capitalization of domestic companies
$52.9B
2022
$316B
2025
Number of billionaires
5
2026
5
2026
Income share by richest 10%
31.2%
2024
28.1%
2022
Income share by poorest 10%
1.9%
2024
2.6%
2022
Government expenditure, % of GDP
31.6%
2025
22.1%
2025
Consumer prices inflation
41.9%
2024-2025
3.3%
2024-2025
Central bank interest rate
29%
2025
4.5%
2023
Unemployment rate
7.38%
2025
1.53%
2024
Population
46083022
102486146

Spending and national debt comparison by year

Argentina
Spending

Debt
Vietnam
Spending

Debt
1x
Year % of GDP
Argentina Vietnam
Government spending Government debt Government spending Government debt
2025 31.6% 80.3% 22.1% 30.3%
2024 31% 84.7% 19.1% 31.2%
2023 37.6% 154.6% 18.8% 34.3%
2022 37.6% 84.3% 18.2% 34.9%
2021 37.9% 81% 20.1% 39.2%
2020 42.5% 103.8% 21.3% 41.3%
2019 38.1% 89.8% 19.8% 41%
2018 38.9% 85.2% 20.5% 43.8%
2017 41.1% 57% 21.5% 46.6%
2016 41.5% 53.1% 22.2% 47.9%
2015 41.4% 52.6% 24.2% 46.1%
2014 38.9% 44.7% 22.8% 43.6%
2013 37.6% 43.5% 24.5% 41.4%
2012 36.8% 40.4% 23.5% 38.3%
2011 34.9% 38.9% 21.2% 36.2%
2010 33.4% 43.5% 23.7% 37.3%
2009 34.5% 55.4% 25% 36.2%
2008 30.8% 53.8% 21.4% 31%
2007 29.6% 62.1% 22.3% 32.2%
2006 26.6% 70.8% 20.5% 30.2%
2005 24.4% 80.3% 20.6% 28.7%
2004 23% 117.9% 19.4% 29.4%
2003 22% 125.2% 22.2% 29.8%
2002 21.9% 147.2% 19.7% 27.7%
2001 26.4% 48% 19.2% 25.4%
2000 25.2% 40.8% 17.8% 24.8%
1999 25.5% 38.9% 16.7% -
1998 23.1% 34.1% 16% -
1997 22.6% 31.7% - -
1996 22.7% 32.6% - -
1995 22.9% 30.7% - -
1994 22.9% 28.4% - -
1993 22% 26.9% - -
1992 12.1% 25% - -
1991 11.4% 35.7% - -
1990 11% 48.5% - -
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 (1992–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1992, retrieved 2026-07-08).

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

In 2025, Argentina's government spending was $216B, accounting for 31.6% of its GDP, while Vietnam spent $114B, or 22.1% of GDP.

Debt-to-GDP ratio is 80.3% in Argentina and 30.3% in Vietnam, ranking 43/185 and 153/185, respectively.

Government deficit by year

Deficit/surplus
Argentina

Vietnam
1x
Year Deficit/surplus, % of GDP
Argentina Vietnam
2025 -0.38% -2.2%
2024 0.46% -1.54%
2023 -5.33% -1.72%
2022 -3.84% 0.67%
2021 -4.33% -1.43%
2020 -8.67% -2.86%
2019 -4.44% -0.4%
2018 -5.44% -1.02%
2017 -6.69% -1.96%
2016 -6.65% -3.16%
2015 -6% -4.98%
2014 -4.25% -5.02%
2013 -3.25% -5.96%
2012 -3.02% -5.46%
2011 -2.75% -0.9%
2010 -1.39% -2.25%
2009 -1.83% -4.82%
2008 0.35% -0.45%
2007 0.76% -1.74%
2006 1.65% 0.2%
2005 3.34% -0.95%
2004 3.97% -0.15%
2003 1.5% -2.56%
2002 -1.91% -1.85%
2001 -5.36% -2.19%
2000 -3.42% -1.61%
1999 -3.71% -1.25%
1998 -1.83% -0.1%
1997 -1.84% -
1996 -2.81% -
1995 -2.07% -
1994 -1.25% -
1993 -0.02% -
1992 1.54% -
1991 0.96% -
1990 -0.14% -
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 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1993–2025, retrieved 2026-07-08).

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

In 2025, Argentina's government deficit, the difference between spending and revenue, was $2.6B, equivalent to 0.38% of GDP. This compares to Vietnam's deficit of $11.3B, or 2.2% of GDP.

Over the past 28 years, Argentina recorded a fiscal deficit in 21 of those years, while Vietnam ran a deficit in 26 years. On average, Argentina posted an annual deficit equal to 2.59% of GDP, compared to deficit of 2.06% of GDP for Vietnam.

Inflation comparison by year

Inflation
Argentina

Vietnam
1x
Year Consumer prices inflation
Argentina Vietnam
2025 41.9% 3.3%
2024 219.9% 3.6%
2023 133.5% 3.3%
2022 72.4% 3.2%
2021 48.4% 1.8%
2020 42% 3.2%
2019 53.5% 2.8%
2018 34.3% 3.5%
2017 25.7% 3.5%
2016 - 2.7%
2015 - 0.6%
2014 - 4.1%
2013 10.6% 6.6%
2012 10% 9.1%
2011 9.8% 18.7%
2010 10.5% 10.5%
2009 6.3% 6.7%
2008 8.6% 23.1%
2007 8.8% 8.3%
2006 10.9% 7.5%
2005 9.6% 8.4%
2004 4.4% 7.9%
2003 13.4% 3.3%
2002 25.9% 4.1%
2001 -1.1% -0.3%
2000 -0.9% -1.8%
1999 -1.2% 4.1%
1998 0.9% 7.2%
1997 - 3.1%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

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

Over the past 28 years, Argentina has recorded an average annual inflation rate of 31.9%, compared with 5.68% in Vietnam. In 2025, inflation was 41.9% in Argentina and 3.3% in Vietnam.

Top exports between countries

Argentina
Export category Export value
Processed food, beverages & tobacco $1.29B
Raw agricultural goods $1.28B
Animal & marine products $99.6M
Textiles & consumer goods $38.7M
Chemicals & pharma $27.8M
Wood & paper products $20.8M
Miscellaneous $2.7M
Metals $267K
Raw materials & minerals $247K
Machinery & equipment $171K
Vietnam
Export category Export value
Machinery & equipment $304M
Textiles & consumer goods $177M
Raw materials & minerals $7.55M
Chemicals & pharma $6.76M
Metals $6.13M
Animal & marine products $4.24M
Processed food, beverages & tobacco $3.55M
Miscellaneous $3.21M
Raw agricultural goods $2.87M
Wood & paper products $1.27M

Balance of trade

Argentina Vietnam
Current account balance
-$7.58B
2025
$30.2B
2024
Current account balance ranking
169/190
2025
18/190
2024
Current account balance, % of GDP
-1.11%
2025
+6.33%
2024
Goods imports
$71.8B
2025
$363B
2024
Goods exports
$87.2B
2025
$407B
2024
Service imports
$29.3B
2025
$35.6B
2024
Service exports
$18B
2025
$25B
2024
Imports of goods and services, % of GDP
14.8%
2025
92.1%
2025
Exports of goods and services, % of GDP
15.6%
2025
98.2%
2025

Economic freedom indices

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

Argentina Vietnam
Economic freedom 57.4 64.4
Economic freedom ranking 117/197 73/197
Property rights 41.2 47.3
Government integrity 41.2 39.2
Judicial effectiveness 58.2 31.3
Tax burden 67.8 80.9
Government spending 62.3 89.5
Fiscal health 72.2 96.9
Business freedom 56.8 70
Labor freedom 53.5 54.7
Monetary freedom 28.9 73.2
Trade freedom 67.4 79.8
Investment freedom 70 60
Financial freedom 70 50

Economic freedom comparison by year

Argentina
Vietnam
1x
Year Economic freedom index
Argentina Vietnam
2026 57.4 64.4
2025 54.2 65.2
2024 49.9 62.8
2023 51 61.8
2022 50.1 60.6
2021 52.7 61.7
2020 53.1 58.8
2019 52.2 55.3
2018 52.3 53.1
2017 50.4 52.4
2016 43.8 54
2015 44.1 51.7
2014 44.6 50.8
2013 46.7 51
2012 48 51.3
2011 51.7 51.6
2010 51.2 49.8
2009 52.3 51
2008 54.2 50.4
2007 54 49.8
2006 53.4 50.5
2005 51.7 48.1
2004 53.9 46.1
2003 56.3 46.2
2002 65.7 45.6
2001 68.6 44.3
2000 70 43.7
1999 70.6 42.7
1998 70.9 40.4
1997 73.3 38.6
1996 74.7 40.2
1995 68 41.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Argentina is 57.4, ranking 117/197, compared to 64.4 for Vietnam, ranking 73/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Argentina Vietnam
Services, % of GDP
56.2%
2025
42.7%
2025
Industry, % of GDP
22.9%
2025
37.6%
2025
Agriculture, forestry, and fishing, % of GDP
5.53%
2025
11.6%
2025
GNI, Atlas method
$672B
2025
$505B
2025
GNI per capita, PPP
$31,920
2025
$17,580
2025
Total reserves including gold
$41B
2025
$85.6B
2025
Total reserves ranking
54/177
2025
33/177
2025
Net foreign direct investment
-$300M
2025
-$19.6B
2024
Net inflows of foreign direct investment
$11.6B
2024
$20.2B
2024
Net outflows of foreign direct investment
$2.76B
2024
$600M
2024
Servicing debt to the IMF, % of GNI
6.32%
2024
7.29%
2024
Poverty at national poverty lines
38.1%
2024
4.2%
2022
Gross capital formation, % of GDP
16.1%
2025
30.8%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1864–1992, retrieved 2026-07-08)
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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.