Argentina Current Account Balance: % of GDP
Argentina Current Account surplus accounted for 1.3 % of the country's Nominal GDP in Sep 2020, compared with a 3.4 % surplus in the previous quarter. Argentina Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 2004 to Sep 2020, with an average value of -0.2 %. The data reached an all-time high of 5.1 % in Jun 2009 and a record low of -6.3 % in Sep 2018. CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. National Statistics & Census Institute provides Current Account Balance in USD based on BPM6 and annualized Nominal GDP in local currency. The Central Bank of Argentina average market exchange rate is used for currency conversions. Current Account Balance prior to Q1 2006 is based on BPM5.
In the latest reports of Argentina, Current Account recorded a surplus of 1.2 USD bn in Sep 2020. Foreign Direct Investment (FDI) increased by 1.5 USD bn in Sep 2020. Argentina Direct Investment Abroad expanded by 318.6 USD mn in Sep 2020. Its Foreign Portfolio Investment fell by 2.5 USD bn in Sep 2020. The country's Nominal GDP was reported at 87.2 USD bn in Jun 2020.
View Argentina's Current Account Balance: % of GDP from Mar 2004 to Sep 2020 in the chart:
What was Argentina's Current Account Balance: % of GDP in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1.3 Sep 2020 | 3.4 Jun 2020 | -6.3 Sep 2018 | 5.1 Jun 2009 | % | quarterly | Mar 2004 - Sep 2020 |
Current Account Balance: % of GDP by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -5.8 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Algeria (%) | -9.6 Jun 2019 | quarterly | Mar 2007 - Jun 2019 |
| Argentina (%) | 1.3 Sep 2020 | quarterly | Mar 2004 - Sep 2020 |
| Armenia (%) | -1.9 Sep 2020 | quarterly | Dec 1994 - Sep 2020 |
| Australia (%) | 2.1 Sep 2020 | quarterly | Sep 1959 - Sep 2020 |
| Austria (%) | 3.5 Sep 2020 | quarterly | Mar 1970 - Sep 2020 |
| Azerbaijan (%) | 6.1 Mar 2020 | quarterly | Mar 2013 - Mar 2020 |
| Bahrain (%) | 3.3 2014 | yearly | 1997 - 2014 |
| Bangladesh (%) | -1.6 2020 | yearly | 1998 - 2020 |
| Belarus (%) | 3.8 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -7.2 Jun 2020 | quarterly | Dec 2004 - Jun 2020 |
| Consolidated Fiscal Balance (USD mn) | -1,407.644 Oct 2020 | monthly | Jan 1993 - Oct 2020 |
| Tax Revenue (USD mn) | 5,816.525 Dec 2020 | monthly | Jan 1997 - Dec 2020 |
| Tax Revenue: % of GDP (%) | 16.9 Jun 2020 | quarterly | Mar 2004 - Jun 2020 |
| National Government Debt (USD mn) | 324,552.4 Jun 2020 | quarterly | Dec 1994 - Jun 2020 |
| Government Debt: % of GDP (%) | 91.7 Jun 2020 | quarterly | Dec 2004 - Jun 2020 |
| Forecast: Government Expenditure (ARS bn) | 11,986.088 2020 | yearly | 1993 - 2020 |
| Forecast: Government Net Debt (ARS bn) | 26,077.404 2020 | yearly | 1992 - 2020 |
| Forecast: Government Revenue (ARS bn) | 8,907.085 2020 | yearly | 1993 - 2020 |
| Government Revenue: Social Security (ARS mn) | 132,842.500 Dec 2020 | monthly | Jan 1997 - Dec 2020 |
| Government Revenue: Taxes: Net Vat (ARS mn) | 203,984.851 Dec 2020 | monthly | Jan 1997 - Dec 2020 |
| Government Revenue: Taxes (ARS mn) | 187,540.45 Jul 2018 | monthly | Jan 1997 - Jul 2018 |
| Non Financial Public Sector (NFPS) 2017: Total Balance (ARS mn) | -318,909.000 Dec 2020 | monthly | Jan 2015 - Dec 2020 |
| NFPS 2017: Current Expenditure (ARS mn) | 742,538.900 Dec 2020 | monthly | Jan 2015 - Dec 2020 |
| NFPS 2017: Total Revenue (ARS mn) | 469,386.100 Dec 2020 | monthly | Jan 2015 - Dec 2020 |
| NFPS 2017: Total Expenditure (ARS mn) | 788,295.100 Dec 2020 | monthly | Jan 2015 - Dec 2020 |
| NFPS 2017: Capital Expenditure (ARS mn) | 45,756.200 Dec 2020 | monthly | Jan 2015 - Dec 2020 |
| NFPS 2017: Current Revenue (ARS mn) | 467,652.800 Dec 2020 | monthly | Jan 2015 - Dec 2020 |
| AR: Revenue Excluding Grants (ARS mn) | 2,610,192.500 2018 | yearly | 1990 - 2018 |
| AR: Social Contributions (ARS mn) | 897,830.800 2018 | yearly | 1990 - 2018 |
| AR: Expenditure (ARS mn) | 3,345,270.300 2018 | yearly | 1990 - 2018 |
| AR: Net Lending (+) / Net Borrowing (-) (ARS mn) | -786,810.400 2018 | yearly | 1990 - 2018 |
| AR: Net Acquisition of Financial Assets (ARS mn) | 819,597.400 2018 | yearly | 2002 - 2018 |
| AR: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains (ARS mn) | 272,779.800 2018 | yearly | 1990 - 2018 |
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