Argentina's current account surplus narrowed to USD 2763 million in the second quarter of 2021 from USD 2862 million in the corresponding period of the previous year, and compared to market expectations of a USD 2400 million surplus. The goods surplus shrank to USD 5168 million from USD 5341 a year ago and the services gap widened to USD 683 million from USD 326 million. Meantime, the primary income shortfall fell to USD 2200 million from USD 2545 million and the secondary income surplus rose to USD 479 million from USD 391 million. source: Instituto Nacional de Estadística y Censos (INDEC)

Current Account in Argentina averaged -977.51 USD Million from 1976 until 2021, 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 October of 2021.

Current Account in Argentina is expected to be -2500.00 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 -4000.00 USD Million in 2022, according to our econometric models.

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Argentina Current Account


Calendar GMT Actual Previous Consensus TEForecast
2020-12-23 07:00 PM Q3 $1.16B $2.92B $0.5B
2021-03-30 07:00 PM Q4 $-1.372B $1.163B $-1B $-0.8B
2021-06-22 07:00 PM Q1 $690M $-1235M $-2.1B
2021-09-16 07:00 PM Q2 $2763M $541M $2400M $1900M
2021-12-28 07:00 PM Q3 $2763M


News Stream
Argentina Current Account Surplus Shrinks in Q2
Argentina's current account surplus narrowed to USD 2763 million in the second quarter of 2021 from USD 2862 million in the corresponding period of the previous year, and compared to market expectations of a USD 2400 million surplus. The goods surplus shrank to USD 5168 million from USD 5341 a year ago and the services gap widened to USD 683 million from USD 326 million. Meantime, the primary income shortfall fell to USD 2200 million from USD 2545 million and the secondary income surplus rose to USD 479 million from USD 391 million.
2021-09-16
Argentina Current Account Surplus Widens in Q1
Argentina's current account surplus widened to USD 690 million in the first quarter of 2021 from USD 6.9 billion in the corresponding period of the previous year. The services account deficit narrowed to USD 612 million from USD 696 million a year ago while the primary income shortfall decreased to USD 2,267 million from USD 2,981 million. Also, the secondary income surplus widened to USD 328 million from USD 260 million. On the other hand, the good account surplus fell to USD 3,241 million from USD 3,926 million a year ago.
2021-06-22
Argentina Current Account Swings to Deficit
Argentina’s current account swung to a $1.37 billion deficit in the fourth quarter of 2020 from a $2.52 billion surplus in the last three months of 2019, surpassing market expectations of a $1 billion gap. The result was mainly explained by a fall in exports, down to $12.7 billion in the fourth quarter of 2020 from $17.18 billion in the same period of the previous year. In contrast, import grew to $11.44 billion from $10.19 billion. Meanwhile, the primary income gap narrowed to $2.19 billion from $4.12 billion, whereas the secondary income surplus fell to $0.19 billion from $0.24 billion. For the whole 2020, Argentina booked a surplus of $2.99 billion after notching a $4.0 billion deficit in the previous 12 months.
2021-03-30
Argentina Current Account Swings to Surplus
Argentina’s current account swung to a USD 1.16 billion surplus in the third quarter of 2020 from USD 1.03 billion deficit in the same period a year earlier. The goods account surplus narrowed to USD 4 billion from USD 4.47 billion a year earlier, whereas the services shortfall declined to USD 0.58 billion from USD 1.47 billion. In addition, the primary income deficit narrowed sharply to USD 2.56 billion from USD 4.26 billion, while the secondary income surplus increased modestly to USD 0.29 billion from USD 0.22 billion a year earlier.
2020-12-23

Argentina Last Unit Reference Previous Highest Lowest
Balance of Trade 2339.00 USD Million Aug/21 1537.00 2543.00 -1495.00
Current Account 2763.00 USD Million Jun/21 541.00 4297.83 -9388.49
Current Account to GDP 1.00 percent of GDP Dec/20 -0.90 7.90 -5.20
Exports 8093.00 USD Million Aug/21 7252.00 8393.00 55.00
Imports 5754.00 USD Million Aug/21 5715.00 7671.00 36.00
External Debt 269157.91 USD Million Jun/21 269507.69 283129.15 87524.40
Terms of Trade 143.00 points Jun/21 146.60 151.30 73.60
Capital Flows 2641.00 USD Million Jun/21 1271.00 7623.00 -9626.44


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).