Argentina vs. Chile GDP: Argentina Larger in Nominal Terms (2022)
2022 World Bank Data
- Argentina: $456.16 billion USD
- Chile: $253.30 billion USD
Interpretation
- Argentina's nominal GDP is ~1.8× Chile's.
- Per capita: Chile ~$13,000 > Argentina ~$10,000 (reflecting Chile's smaller population, stronger currency historically).
- PPP GDP narrows gap: Argentina ~$1.2T, Chile ~$550B (IMF 2023).
- Volatility: Argentina's high inflation & currency swings cause large year-on-year nominal fluctuations.
Caveats
Nominal USD GDP depends on exchange rates; Argentina's official rate diverges from parallel (blue) rate. PPP better reflects living standards. Both economies face structural challenges (Argentina: debt, inflation; Chile: growth slowdown, inequality).