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Argentina Current Account (USD)

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Argentina Current Account (USD)

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Dec 28, 2023
Actual
-6.103B
Previous
-6.351B
The current account is the international flow of money for purposes other than investments. It offers a broad picture of how an economy is managing its finances with the rest of the world. If a country has a deficit in its current account it means that it has a saving deficit. The country is living above its means and is gradually becoming indebted to the world. The current account consists of the net total of: - (BOP) TRADE BALANCE: Export f.o.b. less Imports f.o.b. -(BOP) SERVICES: Include transport, travel, communication, insurance, financial services, personal, cultural and recreational services, business services, royalties and licences, government services and other services. - (BOP) INCOME: This covers income remitted from, or to, the country for payment of interest and dividends (after deduction of local taxes) plus profits (after deduction of depreciation). - (BOP) CURRENT TRANSFERS: Government: Include domestic governments foreign aid, subscriptions and contributions to and grants from international organisations. Private: The net value of private assets passing from resident to non-resident ownership. The item includes private gifts of money, goods sent by parcel post, pensions and financial assets transferred by migrants.
Importance:
Country:
Currency: ARS
Source: MECON
Argentina Current Account (USD)
 
Release Date Time Actual Forecast Previous
Dec 28, 2023 (Q3) 20:00 -6.103B   -6.351B
Sep 28, 2023 (Q2) 20:00 -6.351B   -5.641B
Jun 29, 2023 (Q1) 20:00 -5.641B   1.746B
Mar 28, 2023 (Q4) 20:00 1.732B -1.400B -3.031B
Dec 20, 2022 (Q3) 20:00 -3.031B -1.400B -0.894B
Sep 22, 2022 (Q2) 20:00 -0.894B -0.700B -1.130B

Current Account (USD) Discussion

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