Current account balance (credit less debit), Net (credits less debits) in Argentina
Argentina: Current account balance (credit less debit), Net (credits less debits) 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 debits) 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% |
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
- Net domestic credit (current LCU), per capita 7.23 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 485.45 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 59.41 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 69.47 million SDR (2025)
- Gold reserves at market value 6.33 billion SDR (2025)
- Reserves excluding gold, foreign exchange 23.56 billion SDR (2025)
- Reserves excluding gold 23.61 billion SDR (2025)
- Total reserves (gold at market value) 29.94 billion SDR (2025)
- Total reserves (gold at national valuation) 29.88 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 651.57 SDR per person (2025)
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.