Current account balance as a share of GDP in Argentina
Argentina: Current account balance as a share of GDP was 0.9% in 2024. ◆ Volatile
Current account balance as a share of GDP in Argentina, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for current account balance as a share of gdp in Argentina is 0.9%, measured in 2024.
Compared with earlier readings it is up 127.8% on the previous year and up 151.1% over ten years.
Over the whole period, current account balance as a share of gdp in Argentina peaked at 9.0% in 2002 and was at its lowest, -5.2%, in 2018.
That places Argentina 75th out of 193 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 share of GDP in Argentina, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -3.2% | — |
| 2001 | -1.4% | -55.4% |
| 2002 | 9.0% | -736.2% |
| 2003 | 6.4% | -28.9% |
| 2004 | 1.9% | -69.4% |
| 2005 | 2.6% | +35.9% |
| 2006 | 2.8% | +5.3% |
| 2007 | 2.1% | -24.7% |
| 2008 | 1.5% | -28.6% |
| 2009 | 2.2% | +45.3% |
| 2010 | -0.4% | -117.4% |
| 2011 | -1.0% | +165.8% |
| 2012 | -0.4% | -61.4% |
| 2013 | -2.4% | +510.3% |
| 2014 | -1.7% | -26.9% |
| 2015 | -3.0% | +70.1% |
| 2016 | -2.7% | -8.4% |
| 2017 | -4.8% | +78.6% |
| 2018 | -5.2% | +6.6% |
| 2019 | -0.8% | -84.9% |
| 2020 | 0.7% | -189.7% |
| 2021 | 1.4% | +94.3% |
| 2022 | -0.6% | -146.3% |
| 2023 | -3.2% | +407.9% |
| 2024 | 0.9% | -127.8% |
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)
- Services, value added (constant LCU), per capita 8,338 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 39.09 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 8.42 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8456 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 12,598 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 47.09 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,049 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 15.63 million current LCU per person (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Argentina?
- Current account balance as a share of gdp in Argentina was 0.9% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Argentina?
- The highest recorded value was 9.0% in 2002.
- What is the lowest current account balance as a share of gdp recorded in Argentina?
- The lowest recorded value was -5.2% in 2018.
- How does Argentina rank for current account balance as a share of gdp?
- Argentina ranks 75th out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Argentina?
- Over the last ten years it is up 151.1%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).