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2025.03.2720:09:07UTC+00Argentina Current Account Swings to Surplus in Q4

Argentina achieved a current account surplus of USD 1.029 billion in Q4 2024, marking a significant turnaround from the USD 2.671 billion deficit experienced in the corresponding quarter of the previous year. The goods account experienced a substantial rise, reaching a surplus of USD 4.88 billion compared to a surplus of only USD 0.82 billion in Q4 2023. Simultaneously, the services deficit expanded to USD 1.61 billion, up from USD 0.79 billion. Furthermore, the primary account deficit decreased to USD 2.86 billion from USD 3.14 billion, while the secondary account surplus increased to USD 620 million from USD 440 million, indicating an overall improvement despite certain challenges.

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