Argentina recorded a current account surplus of USD 373 million in the fourth quarter of 2022, switching from a USD 1.235 million deficit in the corresponding period of the previous year. The goods surplus widened to USD 3.627 million from USD 1.295 million a year earlier and the secondary income account surplus rose to USD 408 million from USD 179 million. Meanwhile, the services gap advanced to USD 1.308 million from USD 618 million and the primary income shortfall went up to USD 2.355 million from USD 2.091 million. source: Instituto Nacional de Estadística y Censos (INDEC)

Current Account in Argentina averaged -947.88 USD Million from 1976 until 2021, 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.

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Argentina Current Account



Calendar GMT Actual Previous Consensus TEForecast
2021-12-21 07:00 PM Q3 $3287M $2763M $2300M $2500M
2022-03-22 07:00 PM Q4 $373M $3444M $2187M
2022-06-28 07:00 PM Q1 $373M $-1100M


Related Last Previous Unit Reference
Balance of Trade 356.00 1454.00 USD Million May 2022
Current Account to GDP 1.00 0.90 percent of GDP Dec 2021
Current Account 373.00 3444.00 USD Million Dec 2021
Imports 7870.00 6883.00 USD Million May 2022
Exports 8226.00 8337.00 USD Million May 2022
External Debt 266740.07 268416.30 USD Million Dec 2021
Terms of Trade 154.20 144.30 points Mar 2022
Capital Flows 191.22 2346.28 USD Million Dec 2021

Argentina Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
373.00 3444.00 4297.83 -9388.49 1976 - 2021 USD Million Quarterly

News Stream
Argentina Current Account Balance Swings to Surplus in Q4
Argentina recorded a current account surplus of USD 373 million in the fourth quarter of 2022, switching from a USD 1.235 million deficit in the corresponding period of the previous year. The goods surplus widened to USD 3.627 million from USD 1.295 million a year earlier and the secondary income account surplus rose to USD 408 million from USD 179 million. Meanwhile, the services gap advanced to USD 1.308 million from USD 618 million and the primary income shortfall went up to USD 2.355 million from USD 2.091 million.
2022-03-22
Argentina Current Account Surplus Widens More than Expected
Argentina's current account surplus widened to USD 3,287 million in the third quarter of 2021 from USD 1,176.9 million in the corresponding period of the previous year and compared to market expectations of a USD 2300 million surplus. The goods surplus increased to USD 6,659 million from USD 4,069 a year ago, and the secondary income surplus rose to USD 335 million from USD 289 million. Meanwhile, the services gap widened to USD 916 million from USD 600 million, and the primary income shortfall went to USD 2,791 million from USD 2,581 million.
2021-12-21
Argentina Current Account Surplus Shrinks in Q2
Argentina's current account surplus narrowed to USD 2763 million in the second quarter of 2021 from USD 2862 million in the corresponding period of the previous year, and compared to market expectations of a USD 2400 million surplus. The goods surplus shrank to USD 5168 million from USD 5341 a year ago and the services gap widened to USD 683 million from USD 326 million. Meantime, the primary income shortfall fell to USD 2200 million from USD 2545 million and the secondary income surplus rose to USD 479 million from USD 391 million.
2021-09-16