Balance of Payments: Services: Expenditure for Argentina
ARGB6DBSE02STSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.24
Year-over-Year Change
29.23%
Date Range
1/1/2006 - 10/1/2024
Summary
The Balance of Payments: Services: Expenditure for Argentina measures the value of services imports by Argentina, a key indicator of international trade and economic activity.
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 data series tracks Argentina's expenditure on services imports, including travel, transportation, and other service categories. It provides insight into the country's international trade patterns and is used by economists and policymakers to analyze Argentina's economic performance and external position.
Methodology
The data is collected and reported by the Argentine central bank.
Historical Context
This metric is closely watched by analysts and policymakers to assess Argentina's trade balance and broader economic conditions.
Key Facts
- Argentina is a major economy in South America.
- Services account for a significant portion of Argentina's imports.
- This data series dates back to 1980.
FAQs
Q: What does this economic trend measure?
A: This data series measures Argentina's expenditure on imported services, including travel, transportation, and other service categories.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Argentina's international trade patterns and is used by economists and policymakers to analyze the country's economic performance and external position.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Argentine central bank.
Q: How is this trend used in economic policy?
A: This metric is closely watched by analysts and policymakers to assess Argentina's trade balance and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the Argentine central bank.
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Citation
U.S. Federal Reserve, Balance of Payments: Services: Expenditure for Argentina (ARGB6DBSE02STSAQ), retrieved from FRED.