Australia - Current account balance (% of GDP)
Current account balance (% of GDP) in Australia was 2.73 as of 2020. Its highest value over the past 31 years was 2.73 in 2020, while its lowest value was -7.51 in 2007.
Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1989 | -6.12 |
| 1990 | -4.99 |
| 1991 | -3.25 |
| 1992 | -3.17 |
| 1993 | -2.98 |
| 1994 | -4.91 |
| 1995 | -5.07 |
| 1996 | -3.59 |
| 1997 | -2.74 |
| 1998 | -4.45 |
| 1999 | -5.60 |
| 2000 | -3.73 |
| 2001 | -2.11 |
| 2002 | -4.05 |
| 2003 | -6.27 |
| 2004 | -6.72 |
| 2005 | -6.24 |
| 2006 | -6.06 |
| 2007 | -7.51 |
| 2008 | -4.94 |
| 2009 | -5.27 |
| 2010 | -3.90 |
| 2011 | -3.18 |
| 2012 | -4.17 |
| 2013 | -3.26 |
| 2014 | -3.09 |
| 2015 | -4.22 |
| 2016 | -3.41 |
| 2017 | -2.72 |
| 2018 | -2.09 |
| 2019 | 0.55 |
| 2020 | 2.73 |
Periodicity: Annual
General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
