Argentina Current Account to GDP 1980-2015 | Data | Chart | Calendar

Argentina recorded a Current Account deficit of 0.90 percent of the country's Gross Domestic Product in 2014. Current Account to GDP in Argentina averaged -0.63 percent from 1980 until 2014, reaching an all time high of 8.50 percent in 2002 and a record low of -4.80 percent in 1998. Current Account to GDP in Argentina is reported by the Instituto Nacional de Estadística y Censos (INDEC).

Argentina Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
-0.90 -0.80 8.50 -4.80 1980 - 2014 percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Argentina Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Argentina Current Account to GDP - was last refreshed on Thursday, September 3, 2015.


Argentina Trade Last Previous Highest Lowest Unit
Balance of Trade 204.00 456.00 2543.00 -791.00 USD Million [+]
Exports 5894.00 6266.00 8501.00 55.00 USD Million [+]
Imports 5690.00 5810.00 7671.00 36.00 USD Million [+]
Current Account -3710.00 -1681.00 4557.91 -4416.36 USD Million [+]
Current Account to GDP -0.90 -0.80 8.50 -4.80 percent [+]
External Debt 145930.91 147456.60 171472.79 87524.40 USD Million [+]
Terms of Trade 120.10 130.40 151.40 73.60 Index Points [+]
Foreign Direct Investment 301.99 418.34 1454.20 118.06 USD Millions [+]
Remittances 1078.00 991.00 1078.00 100.00 USD Million [+]
Capital Flows 5389.00 6054.03 7622.99 -7730.03 USD Million [+]
Tourist Arrivals 1851392.00 1596784.00 1851392.00 711417.00 [+]
Gold Reserves 61.74 61.74 61.74 0.28 Tonnes [+]
Crude Oil Production 533.00 531.00 855.00 511.00 BBL/D/1K [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.80 Dec/14 -3.30 1.40 -6.70 percent [+]
Brazil -4.17 Dec/14 -3.66 1.80 -8.20 percent [+]
Canada -2.10 Dec/14 -2.90 2.70 -4.20 percent [+]
China 2.10 Dec/14 2.00 10.10 -3.70 percent [+]
Euro Area 2.10 Dec/14 1.90 2.10 -1.60 percent [+]
France -1.00 Dec/14 -1.40 3.40 -2.10 percent [+]
Germany 7.60 Dec/14 6.50 7.60 -1.70 percent [+]
India -1.40 Dec/14 -1.70 1.50 -4.70 percent [+]
Indonesia -2.95 Dec/14 -3.20 4.80 -6.80 percent [+]
Italy 1.90 Dec/14 0.90 2.90 -3.70 percent [+]
Japan 0.50 Dec/14 0.70 4.80 -1.00 percent [+]
Mexico -2.10 Dec/14 -1.80 3.40 -6.10 percent [+]
Netherlands 10.30 Dec/14 11.00 11.00 -1.00 percent [+]
Russia 3.09 Dec/14 1.64 18.00 -1.40 percent [+]
South Korea 6.30 Dec/14 5.80 11.90 -8.30 percent [+]
Spain 0.80 Dec/14 1.40 1.50 -9.60 percent [+]
Switzerland 7.00 Dec/14 12.70 15.60 -0.60 percent [+]
Turkey -5.70 Dec/14 -7.90 2.00 -9.70 percent [+]
United Kingdom -5.50 Dec/14 -4.50 1.90 -5.50 percent [+]
United States -2.40 Dec/14 -2.40 0.20 -6.00 percent [+]