Real External Balance of Goods and Services for Argentina
NNXGSRNSAXDCARQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-18,259.10
Year-over-Year Change
54.63%
Date Range
1/1/2004 - 1/1/2025
Summary
The Real External Balance of Goods and Services for Argentina measures the difference between the country's exports and imports of goods and services, adjusted for inflation. It is a key indicator of Argentina's international trade and economic performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic trend represents Argentina's net trade position, capturing the balance between the value of its exports and imports. It is a crucial metric for analyzing the country's external sector and international competitiveness.
Methodology
The data is compiled by Argentina's National Institute of Statistics and Censuses based on official trade statistics.
Historical Context
The Real External Balance is closely monitored by policymakers, analysts, and investors to assess Argentina's economic health and trade dynamics.
Key Facts
- Argentina's real trade balance has been in deficit since 2010.
- The trade balance is influenced by commodity prices and exchange rate movements.
- Improving the trade balance is a key policy goal for the Argentine government.
FAQs
Q: What does this economic trend measure?
A: The Real External Balance of Goods and Services for Argentina measures the difference between the country's exports and imports of goods and services, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: The trade balance is a crucial indicator of Argentina's international competitiveness and economic performance, providing insights into the country's external sector and trade dynamics.
Q: How is this data collected or calculated?
A: The data is compiled by Argentina's National Institute of Statistics and Censuses based on official trade statistics.
Q: How is this trend used in economic policy?
A: The Real External Balance is closely monitored by policymakers, analysts, and investors to assess Argentina's economic health and inform policy decisions related to trade, exchange rates, and international competitiveness.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedules and potential revisions of Argentina's official trade statistics.
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Citation
U.S. Federal Reserve, Real External Balance of Goods and Services for Argentina (NNXGSRNSAXDCARQ), retrieved from FRED.