Australia recorded a Current Account deficit of 12547 AUD Million in the fourth quarter of 2024. This dataset provides - Australia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Australia Current Account Balance: % of GDP

• Australia Current Account deficit accounted for 1.8 % of the country's Nominal GDP in Dec 2024, compared with a 2.0 % deficit in the previous quarter.
• Australia Current Account Balance: % of Nominal GDP data is updated quarterly, available from Sep 1959 to Dec 2024, with an average value of -3.1 %.
• The data reached an all-time high of 3.5 % in Sep 2021 and a record low of -7.3 % in Dec 2007.

• In the latest reports of Australia, Current Account recorded a deficit of 8.2 USD bn in Dec 2024.
• Foreign Direct Investment (FDI) increased by 12.1 USD bn in Dec 2024.
• Australia Direct Investment Abroad expanded by 12.1 USD bn in Dec 2024.
• Its Foreign Portfolio Investment increased by 37.2 USD bn in Dec 2024.
• The country's Nominal GDP was reported at 440.1 USD bn in Mar 2023.

Australia recorded a Current Account deficit of 2.10 percent of the country's Gross Domestic Product in 2024. This dataset provides - Australia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Australia Current Account Balance

• Australia Current Account recorded a deficit of 8.2 USD bn in Dec 2024, compared with a deficit of 9.3 USD bn in the previous quarter.
• Australia Current Account Balance: USD mn data is updated quarterly, available from Sep 1959 to Dec 2024, with an averaged value of -2.3 USD bn.
• The data reached an all-time high of 14.3 USD bn in Sep 2021 and a record low of -19.0 USD bn in Dec 2012.
• CEIC converts quarterly Current Account Balance into USD. The Australian Bureau of Statistics provides Current Account Balance in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.
• Foreign Direct Investment (FDI) increased by 12.1 USD bn in Dec 2024.
• Australia Direct Investment Abroad expanded by 12.1 USD bn in Dec 2024.
• Its Foreign Portfolio Investment increased by 37.2 USD bn in Dec 2024.
• The country's Nominal GDP was reported at 440.1 USD bn in Mar 2023.

Graph and download economic data for Current Account Balance: Total Trade of Goods for Australia (DISCONTINUED) (BPBLTD01AUA637N) from 1960 to 2013 about current account, BOP, Australia, trade, and goods.

Current account balance (BoP, current US$) in Australia was reported at 4402005809 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - Current account balance (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Graph and download economic data for Current Account Balance: Total Trade of Goods for Australia (DISCONTINUED) (BPBLTD01AUQ637S) from Q3 1959 to Q4 2013 about current account, BOP, Australia, trade, and goods.

Graph and download economic data for Current Account Balance: Total Services for Australia (DISCONTINUED) (BPBLSE01AUA637N) from 1960 to 2013 about current account, BOP, Australia, and services.

Australia BOP: Current Account: Balance data was reported at 4.402 USD bn in 2023. This records a decrease from the previous number of 14.293 USD bn for 2022. Australia BOP: Current Account: Balance data is updated yearly, averaging -18.669 USD bn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 48.838 USD bn in 2021 and a record low of -68.559 USD bn in 2012. Australia BOP: Current Account: Balance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Australia BOP: Current Account: Balance: % of GDP data was reported at 0.255 % in 2023. This records a decrease from the previous number of 0.845 % for 2022. Australia BOP: Current Account: Balance: % of GDP data is updated yearly, averaging -3.721 % from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 3.137 % in 2021 and a record low of -7.565 % in 2007. Australia BOP: Current Account: Balance: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Graph and download economic data for Current Account Balance: Total Transfers for Australia (DISCONTINUED) (BPBLTF01AUQ636N) from Q3 1959 to Q4 2013 about transfers, current account, BOP, and Australia.

Australia Balance of Payment: Current Account: Balance of Secondary Income data was reported at -1.099 AUD bn in Dec 2026. This records a decrease from the previous number of -1.086 AUD bn for Sep 2026. Australia Balance of Payment: Current Account: Balance of Secondary Income data is updated quarterly, averaging -0.018 AUD bn from Mar 1960 (Median) to Dec 2026, with 268 observations. The data reached an all-time high of 1.048 AUD bn in Jun 1990 and a record low of -6.312 AUD bn in Mar 2014. Australia Balance of Payment: Current Account: Balance of Secondary Income data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.EO: Balance of Payments: Current Account: Forecast: OECD Member: Quarterly. NTR - Balance of secondary income- According to the IMF's Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6).

Australia BOP: Current Account data was reported at -9,232.000 AUD mn in Dec 2024. This records an increase from the previous number of -22,889.000 AUD mn for Sep 2024. Australia BOP: Current Account data is updated quarterly, averaging -3,075.000 AUD mn from Sep 1959 (Median) to Dec 2024, with 262 observations. The data reached an all-time high of 23,064.000 AUD mn in Jun 2021 and a record low of -24,294.000 AUD mn in Sep 2015. Australia BOP: Current Account data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.JB001: BPM6: Balance of Payment: Summary. Australia’s Balance of Payment is compiled based on the recommendation of BPM6 by the IMF. However, Australia retained the sign convention of the entire dataset according to BPM5.

Graph and download economic data for Current Account Balance: Total Income for Australia (DISCONTINUED) (BPBLIN01AUA637S) from 1960 to 2013 about current account, BOP, Australia, and income.

Australia recorded a trade surplus of 5085 AUD Million in December of 2024. This dataset provides the latest reported value for - Australia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

1.2 (%) in 2023. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Australia BOP: Current Account: Secondary Income: Net data was reported at -1.263 USD bn in 2023. This records an increase from the previous number of -1.800 USD bn for 2022. Australia BOP: Current Account: Secondary Income: Net data is updated yearly, averaging -431.618 USD mn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 792.887 USD mn in 1990 and a record low of -3.556 USD bn in 2014. Australia BOP: Current Account: Secondary Income: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

The statistic shows Australia's trade balance of goods from 2013 to 2023. The trade balance is the value of goods exports minus the value of goods imports. A positive value indicates a trade surplus, a negative value a trade deficit. In 2023, Australia's trade surplus amounted to around 83.87 billion U.S. dollars.

Australia Balance of Payment: Current Account: Residual Item data was reported at 0.000 AUD bn in Dec 2026. This stayed constant from the previous number of 0.000 AUD bn for Sep 2026. Australia Balance of Payment: Current Account: Residual Item data is updated quarterly, averaging 0.000 AUD bn from Mar 1960 (Median) to Dec 2026, with 268 observations. The data reached an all-time high of 0.366 AUD bn in Mar 2020 and a record low of -0.189 AUD bn in Dec 2020. Australia Balance of Payment: Current Account: Residual Item data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.EO: Balance of Payments: Current Account: Forecast: OECD Member: Quarterly. CBR-Current account balance, residual item CBR measures the discrepancy which may still persist between data (on goods and services, exports and imports) according to the balance of payments and those according to the national accounts, despite the new standard methodology BPM6/SNA2008/ESA2010 requiring full consistency.

Graph and download economic data for Total Current Account Balance for Australia (DISCONTINUED) (BPBLTT01AUQ637S) from Q3 1959 to Q4 2013 about current account, BOP, and Australia.