Australia Current Account Value and percent from GDP
Australia Current Account Data
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 1.2 % | 2023 |
| Current Account | 7721 AUD Million | 4.943 B USD | 2Q/23 |
Latest data on Current Account to GDP (%)
What is ratio of Australia Current Account to GDP?
- The surplus of Current Account to GDP in Australia decreased to 1.2 % in 2023. The maximum surplus was 2.5 % and deficit was -7.3 %
- Data published Yearly by Bureau of Statistics.
Historical Data (%) by years
Data
Period
Date
| 1.2 | 2023 | 09.09.2023 |
| 1.9 | 2023 | 06.06.2023 |
| 2.3 | 2022 | 01.03.2023 |
| -0.4 | 2022 | 10.12.2022 |
| 3.2 | 2022 | 10.09.2022 |
| 1.3 | 2022 | 11.06.2022 |
| 2.3 | 2021 | 31.03.2022 |
| 2.5 | 2020 | 19.03.2021 |
Historical Chart by prime ministers (%)
Current Account to GDP in Australia by prime ministers
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Malcolm Turnbull | 15.09.2015 - 24.08.2018 | -2.7000 | -3.1000 | -2.7000 | -3.1000 | 14.81% |
Latest data on Current Account (AUD Million)
What is Australia Current Account Deficit?
- The surplus of Current Account in Australia decreased to 7721 AUD Million (4.943 B USD) in the second quarter of 2023. The maximum value was 18283 AUD Million and minimum was -22189 AUD Million.
- Data published Quarterly by Bureau of Statistics.
Historical Data (AUD Million) by years
Data
Period
Date
| 7721 | 2Q/23 | 07.09.2023 |
| 12283 | 1Q/23 | 06.06.2023 |
| 14114 | 4Q/22 | 28.02.2023 |
| -2278 | 3Q/22 | 06.12.2022 |
| 18224 | 2Q/22 | 06.09.2022 |
| 7532 | 1Q/22 | 31.05.2022 |
| 12677 | 4Q/21 | 01.03.2022 |
| 23886 | 3Q/21 | 18.01.2022 |
Historical Chart by prime ministers (AUD Million)
Current Account in Australia by prime ministers
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Malcolm Turnbull | 15.09.2015 - 24.08.2018 | -3108.0000 | -10469.0000 | 9100.0000 | -14024.0000 | 236.84% |
Other trade indicators in Australia
| Index | Updated | Actual | Previous |
| Weapons Sales | 2022 | 33 M USD | 188 |
| Balance of Trade | Jul/23 | 5.147 B USD | 6.574 |
| Capital Flows | 2Q/23 | -10.999 B USD | -6.022 |
| Exports | Jul/23 | 34.524 B USD | 35.226 |
| Foreign Exchange Reserves | Aug/23 | 60.744 B USD | 58.282 |
| Imports | Jul/23 | 29.378 B USD | 28.652 |
| Terms of Trade | 2Q/23 | 128 in. pt. | 139 |
| Tourist Arrivals | Jul/23 | 0.625 Million Persons | 0.542 |
Current Account to GDP in other countries
| Country | Updated | Actual | Previous |
| Australia | 2023 | 1.2 % | 1.9 |
| New Zealand | 2022 | -8.9 % | -6 |
| Papua New Guinea | 2022 | 22.1 % | 20 |
| Fiji | 2022 | -12.1 % | -13.2 |
