Australia - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Australia was 3.93 as of 2020. Its highest value over the past 60 years was 3.93 in 2020, while its lowest value was -3.29 in 1982.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | -1.07 |
| 1961 | -2.62 |
| 1962 | 1.31 |
| 1963 | -0.83 |
| 1964 | 1.17 |
| 1965 | -2.04 |
| 1966 | -2.19 |
| 1967 | -1.01 |
| 1968 | -2.18 |
| 1969 | -1.38 |
| 1970 | -0.24 |
| 1971 | -0.27 |
| 1972 | 0.85 |
| 1973 | 3.13 |
| 1974 | -0.06 |
| 1975 | -0.45 |
| 1976 | 0.14 |
| 1977 | -0.63 |
| 1978 | -0.96 |
| 1979 | -1.05 |
| 1980 | 0.53 |
| 1981 | -1.83 |
| 1982 | -3.29 |
| 1983 | -2.03 |
| 1984 | -1.43 |
| 1985 | -2.05 |
| 1986 | -3.07 |
| 1987 | -1.60 |
| 1988 | -0.66 |
| 1989 | -1.83 |
| 1990 | -1.92 |
| 1991 | -0.13 |
| 1992 | 0.27 |
| 1993 | -0.32 |
| 1994 | -0.51 |
| 1995 | -1.96 |
| 1996 | -0.45 |
| 1997 | 0.27 |
| 1998 | -0.88 |
| 1999 | -2.44 |
| 2000 | -2.16 |
| 2001 | 0.09 |
| 2002 | 0.00 |
| 2003 | -2.09 |
| 2004 | -2.69 |
| 2005 | -2.71 |
| 2006 | -1.85 |
| 2007 | -1.64 |
| 2008 | -2.55 |
| 2009 | 0.28 |
| 2010 | -0.92 |
| 2011 | 1.03 |
| 2012 | -0.17 |
| 2013 | -1.30 |
| 2014 | -0.28 |
| 2015 | -1.49 |
| 2016 | -2.28 |
| 2017 | 0.51 |
| 2018 | 0.36 |
| 2019 | 2.49 |
| 2020 | 3.93 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
