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).

   
 
 

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 Saturday, October 25, 2014.

Argentina Trade Last Previous Highest Lowest Unit
Balance of Trade 404.00 899.00 2543.00 -791.00 USD Million [+]
Exports 6016.00 6599.00 8501.00 55.00 USD Million [+]
Imports 5612.00 5700.00 7671.00 36.00 USD Million [+]
Current Account 609.00 -3304.34 4583.77 -4416.36 USD Million [+]
Current Account to GDP -0.90 0.00 8.50 -4.80 Percent [+]
External Debt 137809.54 138371.38 171205.27 87524.40 USD Million [+]
Terms of Trade 134.70 136.60 153.20 81.70 Index Points [+]
Foreign Direct Investment 855.43 239.28 1454.20 118.06 USD Millions [+]
Remittances 991.00 1011.00 1011.00 100.00 USD Million [+]
Capital Flows 1554.00 -92.00 7622.99 -7775.31 USD Million [+]
Tourist Arrivals 1753080.00 1455427.00 1753080.00 711417.00 [+]
Gold Reserves 61.74 61.74 61.74 0.28 Tonnes [+]
Crude Oil Production 530.00 528.00 855.00 511.00 BBL/D/1K [+]