Argentina Current Account - Forecast

Current Account in Argentina is expected to be -8300.00 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 -9200.00 in 12 months time. In the long-term, the Argentina Current Account is projected to trend around -8400.00 USD Million in 2020, according to our econometric models.


Argentina Current Account
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Argentina Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -611 -2170 -2070 -1900 -1400 -1950
Exports 5347 4400 4550 4600 5400 5000
Imports 5958 6570 6620 6500 6800 6950
Current Account -8738 -8300 -8800 -9100 -9200 -8400
Current Account to GDP -4.8 -2.4 -2.4 -2.4 -2.3 -1.9
External Debt 232952 218047 218040 175000 218040 170000
Terms of Trade 134 135 134 121 133 115
Foreign Direct Investment 136 1200 1370 1500 181 1800
Capital Flows -8336 -6957 -7094 3510 -6457 6510
Tourist Arrivals 196000 516100 610300 689200 754500 1032300
Gold Reserves 61.7 62.94 64.9 64.77 65.07 64.93
Crude Oil Production 480 510 500 510 474 510
Terrorism Index 0.81 1.2 1.2 1.2 1.56 1.1