Australia Current Account Balance (% GDP) Statistics

05, Dec 2019, EST.

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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: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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 2015 - In Detail

Current Account Balance (% GDP) for Australia in year 2015 is -4.592 %. 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.

This makes Australia No. 104 in world rankings according to Current Account Balance (% GDP) in year 2015. The world's average Current Account Balance (% GDP) value is -4.12 %; Australia is 0.47 less than the average.

In the previous year, 2014, Current Account Balance (% GDP) for Australia was -3.04 % Current Account Balance (% GDP) for Australia in 2015 was or will be 51.05% more than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (% GDP) for Australia was or will be -3.61 %, which is 21.39% less than the 2015 figure.

* Source: IMF
Current Account Balance (% GDP) for Australia, in other Years
Year %
  2021 -3.171
  2020 -3.17
  2019 -3.059
  2018 -3.022
  2017 -3.532
  2016 -3.61
2015 -4.592
  2014 -3.04
  2013 -3.436
  2012 -4.259
  2011 -2.952
  2010 -3.565
  2009 -4.675
  2008 -4.966
  2007 -6.708
  2006 -5.804
  2005 -5.922
  2004 -6.262
  2003 -5.391
  2002 -3.711
  2001 -2.079
  2000 -3.929
  1999 -5.294
  1998 -4.698
  1997 -2.845
  1996 -3.392
  1995 -4.927
  1994 -4.473
  1993 -2.999
  1992 -3.265
  1991 -3.284
  1990 -4.847
  1989 -6.011
  1988 -3.814
  1987 -3.391
  1986 -5.052
  1985 -4.865
  1984 -4.149
  1983 -3.149
  1982 -4.108
  1981 -4.059
  1980 -2.368