Argentina recorded a Current Account surplus of 1 percent of the country's Gross Domestic Product in 2020. source: Instituto Nacional de Estadística y Censos (INDEC)

Current Account to GDP in Argentina averaged -0.99 percent from 1980 until 2020, reaching an all time high of 7.90 percent in 2002 and a record low of -5.20 percent in 2018. This page provides - Argentina Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Current Account to GDP - values, historical data and charts - was last updated on December of 2021.

Current Account to GDP in Argentina is expected to reach 2.30 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Current Account to GDP is projected to trend around 1.30 percent of GDP in 2022 and 0.80 percent of GDP in 2023, according to our econometric models.

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Argentina Current Account to GDP


Related Last Previous Unit Reference
Balance of Trade 1601.00 1685.00 USD Million Oct/21
Current Account 2763.00 541.00 USD Million Jun/21
Current Account to GDP 1.00 -0.90 percent of GDP Dec/20
Exports 6848.00 7553.00 USD Million Oct/21
Imports 5247.00 5886.00 USD Million Oct/21
External Debt 269157.91 269507.69 USD Million Jun/21
Terms of Trade 141.60 143.00 points Sep/21
Capital Flows 2641.00 1271.00 USD Million Jun/21
Argentina Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.