Argentina’s current account deficit widened sharply to USD 8.292 billion in the second quarter of 2018 from USD 6.635 billion in the same period a year earlier. A wider deficit was mainly explained by the goods account gap, which jumped to USD 1.792 billion from USD 0.707 billion a year earlier, with imports rising to USD 17.208 billion from USD 16.216 billion and exports practically unchanged. In addition, the services account shortfall widened to USD 2.571 billion from USD 2.141 billion, and the primary income deficit expanded to USD 4.379 billion from USD 4.023 billion. In contrast, the secondary income surplus widened to USD 0.450 billion from USD 0.236 billion. Current Account in Argentina averaged -853.35 USD Million from 1976 until 2018, reaching an all time high of 4297.83 USD Million in the second quarter of 2009 and a record low of -8261 USD Million in the third quarter of 2017.

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 $-8.3B $-8.8B


Argentina Trade Last Previous Highest Lowest Unit
Balance of Trade 314.00 -1131.00 2543.00 -1494.00 USD Million [+]
Exports 5013.00 5179.00 8393.00 55.00 USD Million [+]
Imports 4699.00 6310.00 7671.00 36.00 USD Million [+]
Current Account -8292.00 -9563.00 4297.83 -9563.00 USD Million [+]
Current Account to GDP -4.80 -2.60 8.00 -4.80 percent [+]
External Debt 261482.81 253740.59 261482.81 87524.40 USD Million [+]
Terms of Trade 128.90 138.20 151.40 73.60 Index Points [+]
Capital Flows -8416.87 -9781.15 7623.00 -9781.15 USD Million [+]
Foreign Direct Investment 207.65 243.74 380.08 86.19 USD Millions [+]
Tourist Arrivals 225300.00 227400.00 1851392.00 164300.00 [+]
Gold Reserves 61.70 61.70 61.74 0.28 Tonnes [+]
Crude Oil Production 483.00 485.00 855.00 454.00 BBL/D/1K [+]
Terrorism Index 0.81 0.50 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 November of 2018.

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




Country Last
Argentina -8292.00 Jun/18
Australia -13472.00 Jun/18
Brazil 31.80 Sep/18
Canada -15880.00 Jun/18
China 160.00 Sep/18
Euro Area 20.49 Aug/18
France -1918.00 Sep/18
Germany 21141.17 Sep/18
India -15807.13 Jun/18
Indonesia -8846.10 Sep/18
Italy 4994.00 Aug/18
Japan 1821.60 Sep/18
Mexico -3882.10 Jun/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 22832.40 Jun/18
South Africa -163760.00 Jun/18
South Korea 10831.40 Sep/18
Spain 1830.00 Aug/18
Switzerland 22143.83 Jun/18
Turkey 1830.00 Sep/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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