Australia - Current account balance
Current account balance (BoP, current US$)
The latest value for Current account balance (BoP, current US$) in Australia was ($31,990,470,000.00) as of 2010. Over the past 50 years, the value for this indicator has fluctuated between $404,635,100.00 in 1972 and ($58,031,520,000.00) in 2007.
Definition: Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 1960 | ($939,680,100.00) |
| 1961 | ($257,600,000.00) |
| 1962 | ($403,200,100.00) |
| 1963 | ($254,240,000.00) |
| 1964 | ($534,240,100.00) |
| 1965 | ($1,182,720,000.00) |
| 1966 | ($790,720,100.00) |
| 1967 | ($1,013,600,000.00) |
| 1968 | ($1,459,360,000.00) |
| 1969 | ($996,800,100.00) |
| 1970 | ($902,720,100.00) |
| 1971 | ($907,374,500.00) |
| 1972 | $404,635,100.00 |
| 1973 | $358,125,600.00 |
| 1974 | ($2,847,079,000.00) |
| 1975 | ($1,057,816,000.00) |
| 1976 | ($1,941,134,000.00) |
| 1977 | ($3,082,138,000.00) |
| 1978 | ($4,617,346,000.00) |
| 1979 | ($2,737,937,000.00) |
| 1980 | ($4,447,491,000.00) |
| 1981 | ($8,580,747,000.00) |
| 1982 | ($8,511,929,000.00) |
| 1983 | ($6,330,428,000.00) |
| 1984 | ($8,859,567,000.00) |
| 1985 | ($9,172,412,000.00) |
| 1986 | ($9,807,129,000.00) |
| 1987 | ($7,966,023,000.00) |
| 1988 | ($11,725,690,000.00) |
| 1989 | ($17,877,430,000.00) |
| 1990 | ($15,947,720,000.00) |
| 1991 | ($10,981,720,000.00) |
| 1992 | ($11,095,830,000.00) |
| 1993 | ($9,582,550,000.00) |
| 1994 | ($16,919,220,000.00) |
| 1995 | ($19,276,730,000.00) |
| 1996 | ($15,518,860,000.00) |
| 1997 | ($11,853,180,000.00) |
| 1998 | ($17,782,580,000.00) |
| 1999 | ($21,282,450,000.00) |
| 2000 | ($14,762,710,000.00) |
| 2001 | ($7,411,354,000.00) |
| 2002 | ($15,809,340,000.00) |
| 2003 | ($28,684,100,000.00) |
| 2004 | ($38,853,740,000.00) |
| 2005 | ($41,031,820,000.00) |
| 2006 | ($41,503,610,000.00) |
| 2007 | ($58,031,520,000.00) |
| 2008 | ($47,786,270,000.00) |
| 2009 | ($43,890,740,000.00) |
| 2010 | ($31,990,470,000.00) |
Current account balance (% of GDP)
Current account balance (% of GDP) in Australia was -2.83 as of 2010. Its highest value over the past 50 years was 0.77 in 1972, while its lowest value was -6.77 in 2007.
Definition: Current account balance is the sum of net exports of goods, services, net income, and net current transfers.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1960 | -5.00 |
| 1961 | -1.30 |
| 1962 | -2.01 |
| 1963 | -1.17 |
| 1964 | -2.23 |
| 1965 | -4.51 |
| 1966 | -2.87 |
| 1967 | -3.30 |
| 1968 | -4.42 |
| 1969 | -2.69 |
| 1970 | -2.16 |
| 1971 | -1.99 |
| 1972 | 0.77 |
| 1973 | 0.56 |
| 1974 | -3.17 |
| 1975 | -1.08 |
| 1976 | -1.83 |
| 1977 | -2.77 |
| 1978 | -3.87 |
| 1979 | -2.01 |
| 1980 | -2.94 |
| 1981 | -4.81 |
| 1982 | -4.35 |
| 1983 | -3.54 |
| 1984 | -4.54 |
| 1985 | -5.04 |
| 1986 | -5.35 |
| 1987 | -4.18 |
| 1988 | -4.92 |
| 1989 | -5.91 |
| 1990 | -5.08 |
| 1991 | -3.33 |
| 1992 | -3.38 |
| 1993 | -3.04 |
| 1994 | -5.19 |
| 1995 | -5.20 |
| 1996 | -3.84 |
| 1997 | -2.71 |
| 1998 | -4.43 |
| 1999 | -5.45 |
| 2000 | -3.54 |
| 2001 | -1.95 |
| 2002 | -3.98 |
| 2003 | -6.12 |
| 2004 | -6.31 |
| 2005 | -5.89 |
| 2006 | -5.54 |
| 2007 | -6.77 |
| 2008 | -4.50 |
| 2009 | -4.75 |
| 2010 | -2.83 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
