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Country or Region: Australia › Change country
Economic Indicator: Current Account Balance (US Dollars) › See all Australia indicators, › See Current Account Balance (US Dollars) 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. Source: National Statistical Office. Australian Bureau of Statistics (via Time Series Plus & dXdata) Latest actual data: 2010 Primary domestic currency: Australian dollars Data last updated: 03/2011

Current Account Balance (US Dollars) for Australia in year 2010 is US$ -31.724 Billion

This makes Australia No. 174 in world rankings according to Current Account Balance (US Dollars) in year 2010. The world's average Current Account Balance (US Dollars) value is US$ 6.76 Billion; Australia is US$ 38.48 less than the average.

In the previous year, 2009, Current Account Balance (US Dollars) for Australia was US$ -41.90 Billion Current Account Balance (US Dollars) for Australia in 2010 was or will be 24.28% less than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (US Dollars) for Australia was or will be US$-5.53 Billion, which is 82.57% less than the 2010 figure.