Argentina Crude Oil Production  Forecast 2016-2020

Crude Oil Production in Argentina is expected to be 530.72 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Argentina to stand at 530.73 in 12 months time. In the long-term, the Argentina Crude Oil Production is projected to trend around 530.73 BBL/D/1K in 2020, according to our econometric models.

Argentina Crude Oil Production
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Forecast Actual Q1/17 Q2/17 Q3/17 Q4/17 2020 Unit
Crude Oil Production 536 531 531 531 531 531 BBL/D/1K
Argentina Crude Oil Production Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Argentina Crude Oil Production using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - Argentina Crude Oil Production - was last predicted on Sunday, March 26, 2017.
Argentina Trade Last Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -106 720 810 900 740 -10
Exports 4234 5500 5690 5700 5840 6940
Imports 4340 4780 4890 4900 5100 6950
Current Account -2970 -3000 -2800 -2000 -2500 -4000
External Debt 188778 196699 196813 198216 198881 180000
Current Account to GDP -0.9 -0.5 -0.5 -0.5 -0.5 -0.4
Terms of Trade 135 134 134 137 135 135
Capital Flows 2025 1560 1560 2608 2490 6510
Foreign Direct Investment 788 700 721 669 750 727
Remittances 1078 1059 1052 1045 1038 996
Tourist Arrivals 1483988 1715217 1128758 1205426 1443714 1431449
Gold Reserves 56.76 54.68 52.91 52.94 52.87 52.83
Crude Oil Production 536 531 531 531 531 531
Terrorism Index 0.5 1.67 1.67 1.13 1.07 1.75