Argentina posted a current account deficit of USD 1,130 million in the first quarter of 2022, switching from a USD 438 million surplus in the corresponding period of the previous year. The goods surplus narrowed to USD 2,620 million from USD 3,242 million a year earlier and the services account gap widened markedly to USD 2,009 million, from USD 615 million. Meanwhile, the primary income deficit narrowed to USD 2,150 million from USD 2,511 million and the secondary income superavit went up to USD 409 million from USD 321 million. source: Instituto Nacional de Estadística y Censos (INDEC)
Current Account in Argentina averaged -948.86 USD Million from 1976 until 2022, reaching an all time high of 4297.83 USD Million in the second quarter of 2009 and a record low of -9388.49 USD Million in the first quarter of 2018. This page provides the latest reported value for - Argentina Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Argentina Current Account - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Current Account in Argentina is expected to be -310.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Current Account is projected to trend around -950.00 USD Million in 2023, according to our econometric models.