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. source: Instituto Nacional de Estadística y Censos (INDEC)
Current Account in Argentina averaged -949.12 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 November of 2022.
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.