Argentina Current Account Deficit Narrows

2026-06-24 19:54 By Isabela Couto 1 min. read

Argentina posted a current account deficit of $1.651 billion in the first quarter of 2026, narrowing from a $5.158 billion gap a year earlier.

The result reflected negative balances in the services account, at $4.028 billion, and primary income, at $4.676 billion, partially offset by a goods trade surplus of $6.339 billion and a secondary income surplus of $714 million.

The year-on-year improvement was mainly supported by a $3.214 billion increase in goods exports, a $532 million reduction in the services deficit, and a $1.066 billion decline in goods imports.

The secondary income account also rose by $354 million.

Meanwhile, the primary income deficit widened by $1.658 billion compared with the same period last year.



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Argentina Current Account Deficit Narrows
Argentina posted a current account deficit of $1.651 billion in the first quarter of 2026, narrowing from a $5.158 billion gap a year earlier. The result reflected negative balances in the services account, at $4.028 billion, and primary income, at $4.676 billion, partially offset by a goods trade surplus of $6.339 billion and a secondary income surplus of $714 million. The year-on-year improvement was mainly supported by a $3.214 billion increase in goods exports, a $532 million reduction in the services deficit, and a $1.066 billion decline in goods imports. The secondary income account also rose by $354 million. Meanwhile, the primary income deficit widened by $1.658 billion compared with the same period last year.
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