Argentina Current Account - Forecast

Current Account in Argentina is expected to be -8800.00 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 -9327.88 in 12 months time. In the long-term, the Argentina Current Account is projected to trend around -8700.00 USD Million in 2020, according to our econometric models.


Forecast Data Chart
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Argentina Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -789 -2070 -1900 -1050 -1160 -1700
Exports 5385 4550 4600 5400 5200 5000
Imports 6174 6620 6500 6450 6360 6700
Current Account -9623 -8800 -9100 -9200 -9328 -8700
External Debt 253741 267887 275000 277308 281922 286000
Current Account to GDP -4.8 -4 -4 -3.6 -3.6 -3.6
Terms of Trade 138 136 126 133 132 124
Foreign Direct Investment 165 140 127 100 85 120
Capital Flows -10060 -9587 -9700 -10500 -11500 -8500
Tourist Arrivals 234400 227600 255000 225000 225400 245000
Gold Reserves 61.7 63.29 62.89 63.17 62.98 63.02
Crude Oil Production 485 500 510 485 485 510
Terrorism Index 0.81 1.2 1.2 1.4 1.4 1.1