Current account balance as a proportion of GDP (%) in Argentina
Argentina: Current account balance as a proportion of GDP (%) was 0.9% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Argentina, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Argentina recorded 0.9% for current account balance as a proportion of gdp in 2024.
The figure is up 128.0% on the previous year and up 151.2% over ten years.
Over the whole period, current account balance as a proportion of gdp in Argentina peaked at 9.0% in 2002 and was at its lowest, -5.2%, in 2018.
That places Argentina 79th out of 205 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP (%) in Argentina, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -3.2% | — |
| 2001 | -1.4% | -55.5% |
| 2002 | 9.0% | -737.6% |
| 2003 | 6.4% | -28.9% |
| 2004 | 2.0% | -69.4% |
| 2005 | 2.7% | +36.0% |
| 2006 | 2.8% | +5.3% |
| 2007 | 2.1% | -24.7% |
| 2008 | 1.5% | -28.7% |
| 2009 | 2.2% | +45.3% |
| 2010 | -0.4% | -117.6% |
| 2011 | -1.0% | +162.9% |
| 2012 | -0.4% | -61.1% |
| 2013 | -2.4% | +507.1% |
| 2014 | -1.7% | -26.6% |
| 2015 | -3.0% | +69.9% |
| 2016 | -2.7% | -8.6% |
| 2017 | -4.8% | +78.6% |
| 2018 | -5.2% | +6.6% |
| 2019 | -0.8% | -84.9% |
| 2020 | 0.7% | -189.4% |
| 2021 | 1.4% | +95.4% |
| 2022 | -0.6% | -145.9% |
| 2023 | -3.2% | +411.0% |
| 2024 | 0.9% | -128.0% |
Argentina compared with similar countries
- Argentina's 0.9% is above the median for upper middle income countries, which is -2.1%. (53 countries reporting)
- Argentina's 0.9% is above the median for Latin America & Caribbean, which is -1.6%. (35 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) in Argentina changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +737.6% | -1.4% | 9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.4% | -3.2% | 9.0% | 10 |
| 2010s | -2.2% | -5.2% | -0.4% | 10 |
| 2020s | -0.2% | -3.2% | 1.4% | 5 |
Countries ranked near Argentina
More economy & growth data for Argentina
- Real gdp growth, annual growth rate 425.17 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.73 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 60.52 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.47 units per person (2025)
- SDRs holdings, SDR, annual growth rate 52.85 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.08 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 37.75 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Argentina?
- Current account balance as a proportion of gdp in Argentina was 0.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Argentina?
- The highest recorded value was 9.0% in 2002.
- What is the lowest current account balance as a proportion of gdp recorded in Argentina?
- The lowest recorded value was -5.2% in 2018.
- How does Argentina rank for current account balance as a proportion of gdp?
- Argentina ranks 79th out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Argentina?
- Over the last ten years it is up 151.2%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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