Argentina - Current Account Balance





Argentina: Current Account Balance

Mnemonic TAB.IARG
Unit Mil. USD, NSA
Adjustments Not Seasonally Adjusted
Quarterly 9.49 %
Data 2023 Q3 -6,102
2023 Q2 -6,742

Series Information

Source National Institute of Statistics and Censuses of the Argentine Republic (INDEC)
Release Balance of Payments
Frequency Quarterly
Start Date 3/31/1994
End Date 9/30/2023

Argentina: Trade

Reference Last Previous Units Frequency
Balance of Goods 2023 Q3 -1,373 -2,025 Mil. USD, NSA Quarterly
Current Account Balance 2023 Q3 -6,102 -6,742 Mil. USD, NSA Quarterly
Exports of Goods 2023 Q3 17,734 17,588 Mil. USD, NSA Quarterly
Exports of Goods and Services 2023 Q3 27,038,858,373 19,825,935,097 Ths. ARS, NSAAR Quarterly
Imports of Goods 2023 Q3 19,108 19,613 Mil. USD, NSA Quarterly
Imports of Goods and Services 2023 Q3 30,926,009,194 23,515,196,344 Ths. ARS, NSAAR Quarterly
Net Exports 2023 Q3 -3,887,150,820 -3,689,261,246 Ths. ARS, NSAAR Quarterly
Real Exports of Goods and Services 2023 Q3 139,723,928 136,887,815 Ths. 2004 ARS, CDASAAR Quarterly
Real Imports of Goods and Services 2023 Q3 209,884,682 208,614,799 Ths. 2004 ARS, SAAR Quarterly
Real Net Exports 2023 Q3 -70,160,754 -71,726,983 Ths. 2004 ARS, CDASAAR Quarterly

Release Information

For Argentina, the DNCI (Dirección Nacional de Cuentas Internacionales) is responsible for compiling the balance of payments statistics. These data are published quarterly in the Economic Report (Informe Económico) and in the Quarterly Balance of Payments and Foreign Assets and Liabilities Estimates (Estimaciones trimestrales del balance de pagos y de activos y pasivos externos). Quarterly under BPM5 for 1994-2016, under BPM6 from 2006.

Active:

  • Framework: IMF BPM6
  • Measurement: Millions of U.S. dollars (Mil. USD)
  • Adjustment: Not seasonally adjusted (NSA0
  • Native frequency: Quarterly
  • Start date: Uniformly 2006Q1

Predecessors:

  • BPM5 - 1994Q1 to 2016Q1 (BP$?UQ.IARG)

The Quarterly Balance of Payments and Foreign Assets and Liabilities Estimates pamphlet also includes estimates of external assets and liabilities of the resident sectors. Balance of payments data are compiled in U.S. dollars. The data revision process has required finding new sources of information and developing new estimation methodologies. Revised data were released in April 1999, together with the updated methodology (“Metodología de Estimación del Balance de Pagos,” DNCI, April 1999) as well as the main changes included in the new data set (“Presentación de la Actualización Metodológica del Balance de Pagos,” DNCI, April 1999). Data based on the revised methodology are available from 1992 onwards.  

Major data sources used for the balance of payments compilation depend on the sector that accounts for the transaction. General government and central bank transaction estimates are based mainly on information provided by the Treasury, the central bank, and the state governments (through surveys). Financial sector data are estimated mainly from the balance sheet information reported to the central bank. Other private sector transaction estimates are based mainly on customs data (for goods transactions) and on enterprises’ information collected through their balance sheets or through surveys (for example, the debt survey, foreign direct investment survey, survey of services). Completing the main sources used for the estimates are additional sources like the survey of international tourism, migration authority’s data, Security Central Depository Inc. and stock exchange data, and information available in other countries.

The Quarterly Balance of Payments and Foreign Assets and Liabilities Estimates pamphlet also includes estimates of external assets and liabilities of the resident sectors. Balance of payments data are compiled in U.S. dollars.

Specific Items: Balance of Payments

  • Current Account
    • Transportation
    • Travel
    • Other services
    • Insurance
    • Financial
    • Computer and Information Services
    • Royalties and license fees
    • Other business
    • Personal, cultural, and recreational
    • Government, n.i.e.
    • Compensation of employees
      • Employees' wages
    • Investment income
      • Direct investment
      • Portfolio investment. Debt securities
      • Equity securities
      • Other investment
    • General government
    • Other sectors
    • Goods
    • Services
    • Income
    • Current transfers
  • Capital account
  • Financial account
  • Direct Investment
  • Portfolio investment
    • Equity securities
    • Debt securities
  • Other investment
  • Reserve Assets

Data is subject to a standard revision on every update. A more comprehensive revision to chained quarters takes place periodically but with no current pattern at this time. Please refer to the FAQ section of series information for more detailed comprehensive revisions.

Further reading

At the source:

  • 28 Dec 2022, Phillip Thorne - Properties