Current account balance — all countries

Current account balance — Australia

Current account balance in Australia in 2031 — -2.4%. Ranked 110 in the world out of 188.

2031 -2.4% +0 pp vs 2030
World rank 110of 188
Period maximum 2.3%2021
Period minimum -6.7%2007

Trend over time

1980–2031 · % of GDP

Current account balance — Australia, 1980–2031-7.5-5-2.502.519801986199219982004201020162022202820311980: -2.4%1981: -4.1%1982: -4.1%1983: -3.1%1984: -4.1%1985: -4.9%1986: -5%1987: -3.4%1988: -3.8%1989: -6%1990: -4.9%1991: -3.3%1992: -3.3%1993: -3%1994: -4.5%1995: -5%1996: -3.5%1997: -2.9%1998: -4.9%1999: -5.5%2000: -4%2001: -2.3%2002: -3.8%2003: -5.3%2004: -6.3%2005: -6%2006: -5.9%2007: -6.7%2008: -4.9%2009: -4.5%2010: -3.7%2011: -3%2012: -4.4%2013: -3.4%2014: -3.1%2015: -4.7%2016: -3.5%2017: -2.9%2018: -2.6%2019: -0.1%2020: 1.6%2021: 2.3%2022: 0.3%2023: -0.4%2024: -2.2%2025: -2.6%2026: -2.3%2027: -2.2%2028: -2.3%2029: -2.3%2030: -2.4%2031: -2.4%
Change over the period: +0 pp Annual average: 0 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Australia

Australia -2.4%
World computed 0.28%
East Asia & Pacific computed 3.13%
Australia and New Zealand computed -2.46%
High-income countries computed 0.13%
Current account balance — Australia, by year Australia All countries CSV XLSX
Year % Change, pp
2031 -2.4 +0 pp
2030 -2.4 −0.1 pp
2029 -2.3 +0 pp
2028 -2.3 −0.1 pp
2027 -2.2 +0.1 pp
2026 -2.3 +0.3 pp
2025 -2.6 −0.4 pp
2024 -2.2 −1.8 pp
2023 -0.4 −0.7 pp
2022 0.3 −2 pp
2021 2.3 +0.7 pp
2020 1.6 +1.7 pp
2019 -0.1 +2.5 pp
2018 -2.6 +0.3 pp
2017 -2.9 +0.6 pp
2016 -3.5 +1.2 pp
2015 -4.7 −1.6 pp
2014 -3.1 +0.3 pp
2013 -3.4 +1 pp
2012 -4.4 −1.4 pp
2011 -3 +0.7 pp
2010 -3.7 +0.8 pp
2009 -4.5 +0.4 pp
2008 -4.9 +1.8 pp
2007 -6.7 −0.8 pp
2006 -5.9 +0.1 pp
2005 -6 +0.3 pp
2004 -6.3 −1 pp
2003 -5.3 −1.5 pp
2002 -3.8 −1.5 pp
2001 -2.3 +1.7 pp
2000 -4 +1.5 pp
1999 -5.5 −0.6 pp
1998 -4.9 −2 pp
1997 -2.9 +0.6 pp
1996 -3.5 +1.5 pp
1995 -5 −0.5 pp
1994 -4.5 −1.5 pp
1993 -3 +0.3 pp
1992 -3.3 +0 pp
1991 -3.3 +1.6 pp
1990 -4.9 +1.1 pp
1989 -6 −2.2 pp
1988 -3.8 −0.4 pp
1987 -3.4 +1.6 pp
1986 -5 −0.1 pp
1985 -4.9 −0.8 pp
1984 -4.1 −1 pp
1983 -3.1 +1 pp
1982 -4.1 +0 pp
1981 -4.1 −1.7 pp
1980 -2.4

Australia and New Zealand, 2031

The same indicator for neighboring countries — with links to their pages

AU Australia -2.4 NZ New Zealand -2.9

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.