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Australia Current Account Balance (% GDP) Statistics

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Country or Region: Australia › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Australia indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Australian Dollar
Currency Symbol: AUD

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. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for Australia , Year 2010 - In Detail

Current Account Balance (% GDP) for Australia in year 2010 is -2.568 %

This makes Australia No. 79 in world rankings according to Current Account Balance (% GDP) in year 2010. The world's average Current Account Balance (% GDP) value is -2.68 %; Australia is 0.11 more than the average.

In the previous year, 2009, Current Account Balance (% GDP) for Australia was -4.24 % Current Account Balance (% GDP) for Australia in 2010 was or will be 39.45% less than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (% GDP) for Australia was or will be -0.38 %, which is 85.12% less than the 2010 figure.

* Source: IMF
Current Account Balance (% GDP) for Australia, in other Years
Year %
  2016 -6.232
  2015 -5.387
  2014 -4.808
  2013 -3.516
  2012 -2.086
  2011 -0.382
2010 -2.568
  2009 -4.241
  2008 -4.452
  2007 -6.176
  2006 -5.302
  2005 -5.656
  2004 -5.992
  2003 -5.205
  2002 -3.577
  2001 -1.96
  2000 -3.814
  1999 -5.24
  1998 -4.645
  1997 -2.77
  1996 -3.35
  1995 -4.826
  1994 -4.391
  1993 -2.941
  1992 -3.219
  1991 -3.227
  1990 -4.77
  1989 -5.919
  1988 -3.749
  1987 -3.663
  1986 -5.365
  1985 -5.164
  1984 -4.446
  1983 -3.46
  1982 -4.433
  1981 -4.387
  1980 -2.739