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Argentina Current Account (USD)
Latest Release
Mar 25, 2024
Actual-3.420B
Previous-6.103B
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.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Mar 25, 2024 (Q4) | 21:00 | -3.420B | -6.103B | ||
| Dec 28, 2023 (Q3) | 21:00 | -6.103B | -6.351B | ||
| Sep 28, 2023 (Q2) | 21:00 | -6.351B | -5.641B | ||
| Jun 29, 2023 (Q1) | 21:00 | -5.641B | 1.746B | ||
| Mar 28, 2023 (Q4) | 21:00 | 1.732B | -1.400B | -3.031B | |
| Dec 20, 2022 (Q3) | 21:00 | -3.031B | -1.400B | -0.894B |
Current Account (USD) Discussion
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