Argentina’s current account deficit narrowed sharply to USD 3.85 billion in the first quarter of 2019 from USD 9.37 billion in the same period a year earlier. The goods account switched to a USD 2.56 billion surplus from a USD 1.65 billion gap a year earlier and the services shortfall declined to USD 1.71 billion from USD 3.40 billion. Also, the secondary income surplus widened to USD 0.28 billion from USD 0.17 billion in the first quarter of 2019. In contrast, the primary income deficit rose to USD 4.99 billion from USD 4.49 billion. Current Account in Argentina averaged -1072.14 USD Million from 1976 until 2019, reaching an all time high of 4297.83 USD Million in the second quarter of 2009 and a record low of -9368.69 USD Million in the first quarter of 2018.

Current Account in Argentina is expected to be -8776.73 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Argentina to stand at -9200.00 in 12 months time. In the long-term, the Argentina Current Account is projected to trend around -8000.00 USD Million in 2020, according to our econometric models.

Argentina Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-27 07:00 PM Current Account $-8.3B $-9.6B $-8.6B
2018-12-27 07:00 PM Current Account $-7.59B $-8.3B $-8.8B
2019-03-26 07:00 PM Current Account $-2.32B $-7.59B $ -8.9B
2019-06-26 07:00 PM Current Account $-3.85B $-2.16B $-2.7B $ -2.9B
2019-09-26 07:00 PM Current Account $-3.85B
2019-12-27 07:00 PM Current Account


Argentina Trade Last Previous Highest Lowest Unit
Balance of Trade 1373.00 1140.00 2543.00 -1494.00 USD Million [+]
Current Account -3849.43 -2157.26 4297.83 -9368.69 USD Million [+]
Current Account to GDP -5.40 -4.90 8.00 -5.40 percent [+]
Imports 4644.00 4174.00 7671.00 36.00 USD Million [+]
Exports 6017.00 5313.00 8393.00 55.00 USD Million [+]
External Debt 277921.29 254979.63 277921.29 87524.40 USD Million [+]
Terms of Trade 130.10 127.20 151.40 73.60 Index Points [+]
Capital Flows -4902.66 -1836.66 7623.00 -9626.29 USD Million [+]
Foreign Direct Investment 160.60 131.21 734.77 18.22 USD Millions [+]
Tourist Arrivals 243428.00 267608.00 1851392.00 164300.00 [+]
Gold Reserves 54.90 61.70 61.74 0.28 Tonnes [+]
Crude Oil Production 486.00 500.00 855.00 454.00 BBL/D/1K [+]
Terrorism Index 1.68 0.81 2.81 0.36 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Argentina Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Argentina Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Argentina Current Account - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-3849.43 -2157.26 4297.83 -9368.69 1976 - 2019 USD Million Quarterly




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil 662.00 May/19
Canada -17347.00 Mar/19
China 490.00 Mar/19
Euro Area 19.20 Apr/19
France -846.00 Apr/19
Germany 22600.00 Apr/19
India -16899.55 Dec/18
Indonesia -6966.00 Mar/19
Italy 3913.80 Apr/19
Japan 1707.39 Apr/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea -660.00 Apr/19
Spain 26.00 Mar/19
Switzerland 17215.95 Mar/19
Turkey -1334.00 Apr/19
United Kingdom -23707.00 Dec/18
United States -130400.00 Mar/19


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