Argentina’s external accounts staged a sharp turnaround in the second quarter of 2026, with the country’s current account balance shifting from a deficit to a solid surplus, according to data updated on 29 September 2026.
After posting a current account deficit of USD -1.651 billion in the first quarter of 2026, Argentina recorded a surplus of USD 2.214 billion in the second quarter. The move from negative to positive territory represents a notable improvement in the country’s external position within just one quarter.
While the underlying drivers of the shift were not detailed in the latest release, the return to surplus is likely to draw attention from investors and analysts monitoring Argentina’s external sustainability and its capacity to generate foreign currency through trade and income flows.
