External balance on goods and services as a percent of GDP in Argentina
Argentina: External balance on goods and services as a percent of GDP was 0.7% in 2025. ◆ Volatile
External balance on goods and services as a percent of GDP in Argentina, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for external balance on goods and services as a percent of gdp in Argentina is 0.7%, measured in 2025.
That represents a change of down 70.9% on the previous year and up 169.5% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Argentina peaked at 15.0% in 2002 and was at its lowest, -4.7%, in 1962.
That places Argentina 74th out of 191 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services as a percent of GDP in Argentina, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 0.0% | — |
| 1961 | 0.0% | -21.2% |
| 1962 | -4.7% | -279512545.0% |
| 1963 | 0.0% | -100.0% |
| 1964 | 0.0% | -29.5% |
| 1965 | 2.1% | +135637996.2% |
| 1966 | 1.7% | -19.9% |
| 1967 | 2.5% | +50.2% |
| 1968 | 1.1% | -56.7% |
| 1969 | 0.0% | -100.0% |
| 1970 | 0.9% | — |
| 1971 | -0.6% | -169.4% |
| 1972 | 0.4% | -159.9% |
| 1973 | 1.9% | +428.8% |
| 1974 | 0.6% | -67.8% |
| 1975 | -0.2% | -125.2% |
| 1976 | 3.3% | -2204.4% |
| 1977 | 2.3% | -29.6% |
| 1978 | 2.9% | +26.4% |
| 1979 | 0.2% | -93.7% |
| 1980 | -1.4% | -884.9% |
| 1981 | -0.5% | -68.3% |
| 1982 | 2.6% | -669.9% |
| 1983 | 3.3% | +29.0% |
| 1984 | 2.8% | -14.5% |
| 1985 | 5.5% | +92.8% |
| 1986 | 1.8% | -66.4% |
| 1987 | 0.3% | -83.8% |
| 1988 | 3.3% | +1016.1% |
| 1989 | 6.5% | +95.2% |
| 1990 | 5.7% | -11.6% |
| 1991 | 1.6% | -72.1% |
| 1992 | -1.5% | -196.1% |
| 1993 | -2.4% | +56.7% |
| 1994 | -3.1% | +27.9% |
| 1995 | -0.4% | -86.6% |
| 1996 | -0.6% | +58.1% |
| 1997 | -2.2% | +241.1% |
| 1998 | -2.5% | +13.7% |
| 1999 | -1.7% | -31.4% |
| 2000 | -0.6% | -62.4% |
| 2001 | 1.3% | -301.0% |
| 2002 | 15.0% | +1049.7% |
| 2003 | 11.2% | -25.3% |
| 2004 | 7.0% | -37.6% |
| 2005 | 5.9% | -15.2% |
| 2006 | 5.6% | -5.4% |
| 2007 | 4.4% | -22.1% |
| 2008 | 3.7% | -15.1% |
| 2009 | 5.1% | +36.2% |
| 2010 | 2.9% | -42.8% |
| 2011 | 1.7% | -41.6% |
| 2012 | 1.9% | +15.2% |
| 2013 | -0.1% | -105.1% |
| 2014 | 0.4% | -505.9% |
| 2015 | -1.1% | -366.0% |
| 2016 | -1.0% | -3.3% |
| 2017 | -2.6% | +154.8% |
| 2018 | -1.9% | -28.7% |
| 2019 | 3.2% | -270.4% |
| 2020 | 3.0% | -6.6% |
| 2021 | 3.1% | +1.6% |
| 2022 | 1.0% | -67.8% |
| 2023 | -1.0% | -205.0% |
| 2024 | 2.6% | -348.9% |
| 2025 | 0.7% | -70.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3% | -4.7% | 2.5% | 10 |
| 1970s | 1.2% | -0.6% | 3.3% | 10 |
| 1980s | 2.4% | -1.4% | 6.5% | 10 |
| 1990s | -0.7% | -3.1% | 5.7% | 10 |
| 2000s | 5.9% | -0.6% | 15.0% | 10 |
| 2010s | 0.3% | -2.6% | 3.2% | 10 |
| 2020s | 1.6% | -1.0% | 3.1% | 6 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.83 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 61.81 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.13 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -73.08 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0046 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 68.36 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.7 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services as a percent of gdp in Argentina?
- External balance on goods and services as a percent of gdp in Argentina was 0.7% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Argentina?
- The highest recorded value was 15.0% in 2002.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Argentina?
- The lowest recorded value was -4.7% in 1962.
- How does Argentina rank for external balance on goods and services as a percent of gdp?
- Argentina ranks 74th out of 191 countries with data for 2025.
- Is external balance on goods and services as a percent of gdp rising or falling in Argentina?
- Over the last ten years it is up 169.5%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.