Australia - Net current transfers from abroad

Net current transfers from abroad (current US$)

The latest value for Net current transfers from abroad (current US$) in Australia was ($886,177,800) as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $504,030,600 in 1989 and ($3,387,709,000) in 2013.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $145,593,000
1961 $154,552,600
1962 $153,432,600
1963 $154,552,600
1964 $148,952,800
1965 $133,273,600
1966 $105,274,900
1967 $79,516,180
1968 $98,555,270
1969 $125,434,000
1970 $127,673,900
1971 $115,354,500
1972 $141,355,100
1973 $116,591,900
1974 $70,744,290
1975 $71,009,150
1976 ($61,767,300)
1977 ($129,616,900)
1978 ($129,709,000)
1979 ($201,067,800)
1980 ($79,108,630)
1981 ($163,706,000)
1982 ($98,201,480)
1983 ($149,742,600)
1984 ($31,697,160)
1985 ($50,625,140)
1986 ($11,891,440)
1987 $312,334,600
1988 $350,698,500
1989 $504,030,600
1990 $376,298,600
1991 $492,897,000
1992 $167,653,600
1993 $33,726,810
1994 $66,413,000
1995 ($26,730,030)
1996 $307,283,800
1997 $280,169,100
1998 $216,373,900
1999 $109,662,900
2000 ($45,845,630)
2001 ($215,198,000)
2002 $156,446,200
2003 $66,394,880
2004 $370,607,500
2005 ($762,291,400)
2006 ($763,701,700)
2007 ($442,019,300)
2008 ($613,249,800)
2009 ($1,193,491,000)
2010 ($1,870,871,000)
2011 ($2,962,634,000)
2012 ($3,108,888,000)
2013 ($3,387,709,000)
2014 ($2,960,617,000)
2015 ($2,367,918,000)
2016 ($446,207,600)
2017 ($1,034,015,000)
2018 ($608,479,900)
2019 ($550,708,000)
2020 ($886,177,800)

Net current transfers from abroad (current LCU)

The value for Net current transfers from abroad (current LCU) in Australia was -1,322,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 628,000,000 in 1991 and a minimum value of -3,302,000,000 in 2013.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 130,000,000
1961 138,000,000
1962 137,000,000
1963 138,000,000
1964 133,000,000
1965 119,000,000
1966 94,000,000
1967 71,000,000
1968 88,000,000
1969 112,000,000
1970 114,000,000
1971 103,000,000
1972 121,000,000
1973 91,000,000
1974 48,000,000
1975 52,000,000
1976 -49,000,000
1977 -113,000,000
1978 -115,000,000
1979 -177,000,000
1980 -71,000,000
1981 -141,000,000
1982 -89,000,000
1983 -160,000,000
1984 -35,000,000
1985 -66,000,000
1986 -17,000,000
1987 472,000,000
1988 482,000,000
1989 619,000,000
1990 489,000,000
1991 628,000,000
1992 218,000,000
1993 48,000,000
1994 96,000,000
1995 -36,000,000
1996 405,000,000
1997 358,000,000
1998 319,000,000
1999 175,000,000
2000 -73,000,000
2001 -401,000,000
2002 299,000,000
2003 114,000,000
2004 521,000,000
2005 -1,014,000,000
2006 -1,020,000,000
2007 -563,000,000
2008 -685,000,000
2009 -1,621,000,000
2010 -2,124,000,000
2011 -3,005,000,000
2012 -3,015,000,000
2013 -3,302,000,000
2014 -3,225,000,000
2015 -2,846,000,000
2016 -613,000,000
2017 -1,371,000,000
2018 -785,000,000
2019 -770,000,000
2020 -1,322,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts