Argentina posted a current account surplus of USD 1,732 million in the fourth quarter of 2022, the widest surplus since Q3 of 2021, and widening from USD 291 million surplus in the corresponding period of the period year. The goods account surplus increased to USD 5,523 million from USD 3,627 million as exports rose at a faster pace while imports fell. Meantime, the services gap narrowed to USD 1,199 million from USD 1,427 million and the secondary account surplus rose to USD 557 million from USD 355 million. On the other hand, the primary account deficit widened to USD 3,149 million from USD 2,264 million. source: Instituto Nacional de Estadística y Censos (INDEC)

Current Account in Argentina averaged -949.38 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 June of 2023.

Current Account in Argentina is expected to be -261.90 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 2024 and 1000.00 USD Million in 2025, according to our econometric models.

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Argentina Current Account



Calendar GMT Actual Previous Consensus TEForecast
2022-12-20 07:00 PM Q3 $-3031M $-894M $-1400M $-930M
2023-03-28 08:00 PM Q4 $1732M $-3165M $ -1370M
2023-06-29 07:00 PM Q1 $-261.9M


Related Last Previous Unit Reference
Balance of Trade -126.00 -1059.00 USD Million Apr 2023
Current Account to GDP -0.70 1.40 percent of GDP Dec 2022
Current Account 1732.00 -3165.00 USD Million Dec 2022
Imports 6.02 6782.00 USD Million Apr 2023
Exports 5891.00 5723.00 USD Million Apr 2023
External Debt 276693.92 271775.58 USD Million Dec 2022
Terms of Trade 144.80 151.40 points Mar 2023
Capital Flows 2733.59 -3227.03 USD Million Dec 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
1732.00 -3165.00 4297.83 -9388.49 1976 - 2022 USD Million Quarterly

News Stream
Argentina Current Account Surplus Widens in Q4
Argentina posted a current account surplus of USD 1,732 million in the fourth quarter of 2022, the widest surplus since Q3 of 2021, and widening from USD 291 million surplus in the corresponding period of the period year. The goods account surplus increased to USD 5,523 million from USD 3,627 million as exports rose at a faster pace while imports fell. Meantime, the services gap narrowed to USD 1,199 million from USD 1,427 million and the secondary account surplus rose to USD 557 million from USD 355 million. On the other hand, the primary account deficit widened to USD 3,149 million from USD 2,264 million.
2023-03-28
Argentina Registers Widest Current Account Since 2019
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.
2022-12-20
Argentina Current Account Deficit Narrows
Argentina posted a current account deficit of USD 894 million in the second quarter of 2022, improving from the previous quarter’s updated deficit of USD 1,529 million while being significantly lower than the USD 2,536 million surplus in the second quarter of 2021. Goods and services YoY declined to 3,065 million from 5,168 million. Exports and imports increased to 25,041 million from 19,980 million and to 21,976 million from 14,812 respectively. Primary income decreased to negative 2,904 million from negative 2,439 million. Secondary income increased moderately to 563 million from 445 million.
2022-09-22