Argentina Current Account (USD)

Elon Musk calls for German Chancellor's resignation following Magdeburg incident

Latest Release

Dec 20, 2024

Actual

1.401B

0.205B

The current account is the international flow of money for purposes other than investments. It offers a broad picture of how an economy is managing its finances with the rest of the world. If a country has a deficit in its current account it means that it has a saving deficit. The country is living above its means and is gradually becoming indebted to the world. The current account consists of the net total of: - (BOP) TRADE BALANCE: Export f.o.b. less Imports f.o.b. -(BOP) SERVICES: Include transport, travel, communication, insurance, financial services, personal, cultural and recreational services, business services, royalties and licences, government services and other services. - (BOP) INCOME: This covers income remitted from, or to, the country for payment of interest and dividends (after deduction of local taxes) plus profits (after deduction of depreciation). - (BOP) CURRENT TRANSFERS: Government: Include domestic governments foreign aid, subscriptions and contributions to and grants from international organisations. Private: The net value of private assets passing from resident to non-resident ownership. The item includes private gifts of money, goods sent by parcel post, pensions and financial assets transferred by migrants.

Importance:

Country:

Currency: ARS

Source: MECON

Release Date	Time	Actual	Forecast	Previous
Dec 21, 2024 (Q2)	06:00	1.401B		0.205B
Sep 28, 2024 (Q2)	06:00	3.490B		0.240B
Jun 27, 2024 (Q1)	06:00	0.240B	1.000B	-3.420B
Mar 26, 2024 (Q4)	06:00	-3.420B		-6.103B
Dec 29, 2023 (Q3)	06:00	-6.103B		-6.351B
Sep 29, 2023 (Q2)	06:00	-6.351B		-5.641B

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Next Meeting

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