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 78th out of 204 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% |
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
- 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)
- Gross capital formation (current US$), annual growth rate 8.87 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.1611 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 2,401 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 47.69 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 199.94 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 2.98 million current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 17.73 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1522 constant 2015 US$ per US$ of GDP (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 78th out of 204 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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