Current account balance (credit less debit), Net (credits less) in Argentina
Argentina: Current account balance (credit less debit), Net (credits less) was 5.70 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Argentina, 2005–2024
Source: International Monetary Fund.
Analysis
Argentina recorded 5.70 billion for current account balance (credit less debit), net (credits less debits) in 2024.
The figure is up 127.5% on the previous year and up 162.1% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Argentina peaked at 7.25 billion in 2009 and was at its lowest, -31.15 billion, in 2017.
That places Argentina 32nd out of 198 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less) in Argentina, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 5.27 billion | — |
| 2006 | 6.50 billion | +23.2% |
| 2007 | 6.05 billion | -6.9% |
| 2008 | 5.42 billion | -10.4% |
| 2009 | 7.25 billion | +33.8% |
| 2010 | -1.62 billion | -122.4% |
| 2011 | -5.34 billion | +229.0% |
| 2012 | -2.14 billion | -60.0% |
| 2013 | -13.12 billion | +513.9% |
| 2014 | -9.18 billion | -30.1% |
| 2015 | -17.62 billion | +92.0% |
| 2016 | -15.10 billion | -14.3% |
| 2017 | -31.15 billion | +106.2% |
| 2018 | -27.08 billion | -13.1% |
| 2019 | -3.49 billion | -87.1% |
| 2020 | 2.69 billion | -177.0% |
| 2021 | 6.62 billion | +146.4% |
| 2022 | -3.96 billion | -159.8% |
| 2023 | -20.75 billion | +423.5% |
| 2024 | 5.70 billion | -127.5% |
Argentina compared with similar countries
- Argentina's 5.70 billion is above the median for upper middle income countries, which is -494.28 million. (54 countries reporting)
- Argentina's 5.70 billion is above the median for Latin America & Caribbean, which is -169.22 million. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.10 billion | 5.27 billion | 7.25 billion | 5 |
| 2010s | -12.59 billion | -31.15 billion | -1.62 billion | 10 |
| 2020s | -1.94 billion | -20.75 billion | 6.62 billion | 5 |
Countries ranked near Argentina
- 29 Peru 6.39 billion compare
- 30 Angola 6.31 billion compare
- 31 Czechia 6.05 billion compare
- 33 Papua New Guinea 4.77 billion compare
- 34 Azerbaijan 4.67 billion compare
- 35 Luxembourg 4.10 billion compare
More financial sector data for Argentina
- Reserve position in the IMF, US dollar, annual growth rate -100 % change on previous year (2022)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -100 % change on previous year (2022)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate -100 % change on previous year (2022)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -100 % change on previous year (2022)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Argentina?
- Current account balance (credit less debit), net (credits less debits) in Argentina was 5.70 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Argentina?
- The highest recorded value was 7.25 billion in 2009.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Argentina?
- The lowest recorded value was -31.15 billion in 2017.
- How does Argentina rank for current account balance (credit less debit), net (credits less debits)?
- Argentina ranks 32nd out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Argentina?
- Over the last ten years it is up 162.1%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.