Argentina Current Account  Forecast 2016-2020

Current Account in Argentina is expected to be -2800.00 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 -3911.62 in 12 months time. In the long-term, the Argentina Current Account is projected to trend around -4000.00 USD Million in 2020, according to our econometric models.

Argentina Current Account
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Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit
Current Account -4400 -2800 -2000 -2500 -3912 -4000 USD Million
Argentina Current Account Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Argentina Current Account using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - Argentina Current Account - was last predicted on Tuesday, May 30, 2017.
Argentina Trade Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -139 810 900 740 -63.83 -10
Exports 4825 5690 5700 5840 4779 6940
Imports 4964 4890 4900 5100 4972 6950
Current Account -4400 -2800 -2000 -2500 -3912 -4000
Current Account to GDP -0.9 -0.5 -0.5 -0.5 -0.29 -0.4
External Debt 192462 197578 199133 199811 200157 180000
Terms of Trade 131 131 135 133 133 133
Capital Flows 13618 1560 8320 2490 6187 6510
Foreign Direct Investment 788 721 669 750 670 727
Remittances 1078 1052 1045 1038 1034 996
Tourist Arrivals 1483988 1128758 1205426 1443714 1691427 1431449
Gold Reserves 56.76 52.91 52.94 52.87 53.08 52.83
Crude Oil Production 495 500 500 500 500 500
Terrorism Index 0.5 1.67 1.13 1.07 1.23 1.75