Argentina’s current account deficit narrowed sharply to USD 2.56 billion in the second quarter of 2019 from USD 8.50 billion in the same period a year earlier. The goods account shifted to a USD 4.16 billion surplus from a USD 1.69 billion gap a year earlier and the services shortfall declined to USD 1.49 billion from USD 2.63 billion. Meanwhile, the secondary income surplus narrowed to USD 0.08 billion from USD 0.49 billion in the first quarter of 2019 and the primary income deficit rose to USD 5.31 billion from USD 4.65 billion. Current Account in Argentina averaged -1072.14 USD Million from 1976 until 2019, reaching an all time high of 4297.83 USD Million in the second quarter of 2009 and a record low of -9368.69 USD Million in the first quarter of 2018.

Current Account in Argentina is expected to be -4500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Argentina to stand at -5800.00 in 12 months time. In the long-term, the Argentina Current Account is projected to trend around -8000.00 USD Million in 2020, according to our econometric models.

Argentina Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-27 07:00 PM Current Account Q3 $-7.59B $-8.3B $-8.8B
2019-03-26 07:00 PM Current Account Q4 $-2.32B $-7.59B $ -8.9B
2019-06-26 07:00 PM Current Account Q1 $-3.85B $-2.16B $-2.7B $ -2.9B
2019-09-26 07:00 PM Current Account Q2 $-2.561B $-3.69B $-3B
2019-12-27 07:00 PM Current Account Q3 $-2.561B $-5.5B


Argentina Trade Last Previous Highest Lowest Unit
Balance of Trade 1168.00 951.00 2543.00 -1494.00 USD Million [+]
Current Account -2560.58 -3685.05 4297.83 -9368.69 USD Million [+]
Current Account to GDP -5.40 -4.90 8.00 -5.40 percent [+]
Imports 4400.00 4905.00 7671.00 36.00 USD Million [+]
Exports 5568.00 5856.00 8393.00 55.00 USD Million [+]
External Debt 283567.04 275747.56 283567.04 87524.40 USD Million [+]
Terms of Trade 129.80 130.10 151.40 73.60 Index Points [+]
Capital Flows -3324.77 -3664.05 7623.00 -9626.29 USD Million [+]
Foreign Direct Investment 154.55 179.91 734.77 18.22 USD Millions [+]
Tourist Arrivals 261672.00 217028.00 1851392.00 164300.00 [+]
Gold Reserves 61.74 54.90 61.74 0.28 Tonnes [+]
Crude Oil Production 498.00 505.00 855.00 454.00 BBL/D/1K [+]
Terrorism Index 1.68 0.81 2.81 0.36 [+]


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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-2560.58 -3685.05 4297.83 -9368.69 1976 - 2019 USD Million Quarterly




Country Last Previous
Argentina -2560.58 Jun/19
Australia 5853.00 Jun/19
Brazil -4274.30 Aug/19
Canada -6380.00 Jun/19
China 461.67 Jun/19
Euro Area 29.84 Jul/19
France -2487.00 Aug/19
Germany 16900.00 Aug/19
India -14315.70 Jun/19
Indonesia -8442.80 Jun/19
Italy 8420.80 Jul/19
Japan 2157.71 Aug/19
Mexico 5142.70 Jun/19
Netherlands 13615.80 Jun/19
Russia 12900.00 Sep/19
Saudi Arabia 12407.00 Jun/19
Singapore 21497.50 Jun/19
South Africa -204100.00 Jun/19
South Korea 5270.00 Aug/19
Spain 3237.00 Jul/19
Switzerland 21272.85 Jun/19
Turkey 2604.00 Aug/19
United Kingdom -25200.00 Jun/19
United States -128188.00 Jun/19


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