Argentina Current Account to GDP 1980-2014 | Data | Chart | Calendar

Argentina recorded a Current Account deficit of 0.90 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Argentina averaged -0.62 Percent from 1980 until 2013, 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).

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Argentina Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-0.90 0.00 8.50 -4.80 1980 - 2013 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, December 18, 2014.

Argentina Trade Last Previous Highest Lowest Unit
Balance of Trade 361.00 404.00 2543.00 -791.00 USD Million [+]
Exports 5967.00 6016.00 8501.00 55.00 USD Million [+]
Imports 5606.00 5612.00 7671.00 36.00 USD Million [+]
Current Account 608.88 -3459.93 4557.91 -4416.36 USD Million [+]
Current Account to GDP -0.90 0.00 8.50 -4.80 percent [+]
External Debt 147853.63 141240.05 171472.79 87524.40 USD Million [+]
Terms of Trade 132.90 135.80 151.40 73.60 Index Points [+]
Foreign Direct Investment 304.45 855.43 1454.20 118.06 USD Millions [+]
Remittances 991.00 1011.00 1011.00 100.00 USD Million [+]
Capital Flows 1554.03 -92.43 7622.99 -7730.03 USD Million [+]
Tourist Arrivals 1218972.00 1759639.00 1759639.00 711417.00 [+]
Gold Reserves 61.74 61.74 61.74 0.28 Tonnes [+]
Crude Oil Production 529.00 525.00 855.00 511.00 BBL/D/1K [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.90 Dec/13 -4.10 1.40 -6.70 percent [+]
Brazil -3.66 Dec/13 -2.40 1.80 -8.20 percent [+]
Canada -3.20 Dec/13 -3.40 2.70 -4.20 percent [+]
China 2.00 Dec/13 2.60 10.10 -3.70 percent [+]
Euro Area 2.40 Dec/13 1.40 2.40 -1.50 percent [+]
France -1.30 Dec/13 -2.20 2.70 -2.20 percent [+]
Germany 7.50 Dec/13 7.40 7.50 -1.70 percent [+]
India -1.70 Dec/13 -4.70 1.50 -4.70 percent [+]
Indonesia -3.30 Dec/13 -2.80 4.80 -6.80 percent [+]
Italy 1.00 Dec/13 -0.30 3.20 -3.70 percent [+]
Japan 0.70 Dec/13 1.10 4.80 -1.00 percent [+]
Mexico -1.80 Dec/13 -1.20 3.40 -6.10 percent [+]
Netherlands 10.40 Dec/13 9.50 10.40 -1.00 percent [+]
Russia 1.56 Dec/13 3.60 18.00 -1.40 percent [+]
South Korea 5.80 Dec/13 4.30 11.90 -8.30 percent [+]
Spain 0.80 Dec/13 -1.20 1.50 -10.00 percent [+]
Switzerland 13.50 Dec/12 8.50 15.60 -0.60 percent [+]
Turkey -7.90 Dec/13 -6.00 2.00 -9.70 percent [+]
United Kingdom -4.40 Dec/13 -3.80 1.90 -4.90 percent [+]
United States -2.30 Dec/13 -2.70 0.20 -6.00 percent [+]