Argentina Current Account Swings to Deficit in Q2

Argentina posted a current account deficit of $1.581 billion in Q3 2025, swinging from a $891 million surplus in the same period last year. The goods account recorded a $4.348 billion surplus, down from a $5.306 billion surplus in Q3 2024. The primary income gap widened to $3.888 billion, up from $3.185 billion. Meanwhile the services account posted a $2.554 billion deficit, widening from a $1.604 billion shortfall a year earlier. The secondary income account improved, with the surplus rising to $513 million from $373 million in the same period last year.

Argentina posted a current account deficit of $3.016 billion in Q2 2025, swinging from a $3.732 billion surplus in the same period last year. The goods account recorded a $2.668 billion surplus, down from a $7.109 billion surplus in Q2 2024. The primary income gap widened to $4.080 billion, up from $3.041 billion. Meanwhile the services account posted a $2.483 billion deficit, widening from a $1.136 billion shortfall a year earlier. The secondary income account improved, with the surplus rising to $879 million from $799 million in the same period last year.

Argentina posted a current account deficit of $5.19 billion in Q1 2025, swinging from a $0.176 billion surplus in the same period last year and marking the largest shortfall since Q3 2023. The goods account recorded a $2.06 billion surplus, a sharp turnaround from the $5.07 billion deficit seen in Q1 2024. The primary income gap narrowed moderately to $3.33 billion, down from $4.06 billion. Meanwhile, the services account posted a notable shift to a $4.50 billion deficit, widening significantly from a $1.35 billion shortfall. The secondary income account also improved slightly, with the surplus rising to $584 million from $518 million a year earlier.