Flash Note Nº 12

Dear subscriber [name],

We are sending our most recent Flash Note.


  •  In the first quarter of 2024, the current account recorded a surplus of USD 1.5 Billion (B), a year-on-year increase of approximately USD 1.1B – the value of the current account represents approximately 6.2% of Gross Domestic Product (GDP), according to BNA data.

  • In the first three months of 2024, the current account recorded a large surplus. This result was mainly influenced by the drop in imports of goods, currently at USD 1.9B against USD 2.6B in the Q1 of 2023.

  • Excluding the variation in international reserves, the financial account recorded a deficit of around USD 1.1 billion (-22.1% yoy).

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