Argentina’s current account deficit narrowed modestly to USD 7.59 billion in the third quarter of 2018 from USD 8.27 billion in the same period a year earlier. The goods account gap narrowed to USD 0.79 billion from USD 1.69 billion a year earlier, with imports declining to USD 16.40 billion from USD 17.63 billion and exports edging down to USD 15.61 billion from USD 15.84 billion. In addition, the services account deficit narrowed to USD 2.12 billion from USD 2.67 billion. In contrast, the primary income gap widened to USD 4.93 billion from USD 3.84 billion. Meantime, the secondary income balance switched to a USD 0.25 billion surplus from a USD 0.07 billion gap. Current Account in Argentina averaged -957.49 USD Million from 1976 until 2018, reaching an all time high of 7590 USD Million in the third quarter of 2018 and a record low of -9563 USD Million in the first quarter of 2018.

Current Account in Argentina is expected to be -9100.00 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 -9179.81 in 12 months time. In the long-term, the Argentina Current Account is projected to trend around -8700.00 USD Million in 2020, according to our econometric models.

Argentina Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-22 07:00 PM Current Account $-8.7B $-8.3B $-9B $-9.2B
2018-06-26 07:00 PM Current Account $-9.6B $-9.3B $-9B $-9.4B
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 $-7.59B $ -8.9B
2019-06-26 07:00 PM Current Account $ -9.2B
2019-09-26 07:00 PM Current Account


Argentina Trade Last Previous Highest Lowest Unit
Balance of Trade 372.00 1369.00 2543.00 -1494.00 USD Million [+]
Current Account -7591.00 -8292.00 4297.83 -9563.00 USD Million [+]
Current Account to GDP -4.80 -2.60 8.00 -4.80 percent [+]
Imports 4214.00 3913.00 7671.00 36.00 USD Million [+]
Exports 4586.00 5282.00 8393.00 55.00 USD Million [+]
External Debt 254979.63 261482.81 261482.81 87524.40 USD Million [+]
Terms of Trade 127.20 128.90 151.40 73.60 Index Points [+]
Capital Flows -7332.59 -8416.87 7623.00 -9781.15 USD Million [+]
Foreign Direct Investment 290.85 182.29 550.88 86.19 USD Millions [+]
Tourist Arrivals 294642.00 274557.00 1851392.00 164300.00 [+]
Gold Reserves 54.80 61.70 61.74 0.28 Tonnes [+]
Crude Oil Production 492.00 484.00 855.00 454.00 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-7591.00 -8292.00 4297.83 -9563.00 1976 - 2018 USD Million Quarterly




Country Last Previous
Argentina -7591.00 Sep/18
Australia -10688.00 Sep/18
Brazil -815.00 Dec/18
Canada -10343.00 Sep/18
China 546.00 Dec/18
Euro Area 32.99 Dec/18
France -1117.00 Dec/18
Germany 21000.00 Dec/18
India -19100.00 Sep/18
Indonesia -9148.00 Dec/18
Italy 4211.00 Dec/18
Japan 452.80 Dec/18
Mexico -5081.50 Sep/18
Netherlands 20484.80 Sep/18
Russia 38800.00 Dec/18
Saudi Arabia 29583.00 Sep/18
Singapore 17796.10 Dec/18
South Africa -176577.00 Sep/18
South Korea 4819.30 Dec/18
Spain 1770.00 Nov/18
Switzerland 14596.00 Sep/18
Turkey -1437.00 Dec/18
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


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