Argentina Current Account to GDP  1980-2017 | Data | Chart | Calendar

Argentina recorded a Current Account deficit of 0.90 percent of the country's Gross Domestic Product in 2014. Current Account to GDP in Argentina averaged -0.63 percent from 1980 until 2014, reaching an all time high of 8.50 percent in 2002 and a record low of -4.80 percent in 1998.

Argentina Current Account to GDP
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Argentina Trade Last Previous Highest Lowest Unit
Balance of Trade -642.00 -144.00 2543.00 -1091.00 USD Million [+]
Exports 5415.00 4829.00 8393.00 55.00 USD Million [+]
Imports 6057.00 4973.00 7671.00 36.00 USD Million [+]
Current Account -4399.99 -2875.02 4214.74 -5846.54 USD Million [+]
Current Account to GDP -0.90 -0.80 8.50 -4.80 percent [+]
External Debt 192461.67 188777.69 192461.67 87524.40 USD Million [+]
Terms of Trade 131.30 135.20 151.40 73.60 Index Points [+]
Capital Flows 13618.19 3072.07 13618.19 -7404.18 USD Million [+]
Foreign Direct Investment 788.00 516.05 1454.20 118.06 USD Millions [+]
Remittances 1078.00 991.00 1078.00 100.00 USD Million [+]
Tourist Arrivals 1483988.00 1241414.00 1851392.00 711417.00 [+]
Gold Reserves 54.90 56.76 61.74 0.28 Tonnes [+]
Crude Oil Production 486.00 497.00 855.00 486.00 BBL/D/1K [+]
Terrorism Index 0.50 1.67 2.81 0.36 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Argentina Current Account to GDP Notes

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Argentina Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.90 -0.80 8.50 -4.80 1980 - 2014 percent Yearly



current account to gdp by Country

Last
Switzerland 11.50 Dec/15
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16