Argentina posted a current account deficit of USD 3,031 million in the third quarter of 2022, the widest gap since Q1 of 2019, and swinging from USD 3,444 million in the corresponding period of the period year. The goods account surplus narrowed to USD 1,145 million from USD 6,659 million, as soaring energy prices drove imports to jump by 33% year-on-year. In the meantime, the services gap widened to USD 1,918 million from USD 964 million and the primary account deficit widened to USD 2,752 million from USD 2,612 million. On the other hand, the secondary account surplus rose to USD 493 million from USD 360 million. source: Instituto Nacional de Estadística y Censos (INDEC)
Current Account in Argentina averaged -960.26 USD Million from 1976 until 2022, reaching an all time high of 4297.83 USD Million in the second quarter of 2009 and a record low of -9388.49 USD Million in the first quarter of 2018. 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 - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.
Current Account in Argentina is expected to be -1370.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Current Account is projected to trend around -950.00 USD Million in 2023, according to our econometric models.