Australia Current Account  1959-2016 | Data | Chart | Calendar | Forecast

Australia recorded a current account deficit of 18,104 AUD million in the September quarter of 2015, narrowing from a downwardly revised 20,506 AUD million deficit in the previous quarter but below market consensus. The deficit on the balance of goods and services decreased by 3,508 AUD million (32 percent) to 7,438 AUD million. Meanwhile, the primary income deficit increased by 1,106 AUD million (12 percent) to 10,054 AUD million. In seasonally adjusted chain volume terms, the surplus on goods and services increased 6,109 AUD million to 8,287 AUD million in the September quarter from 2,178 AUD million in the preceding quarter. This is expected to contribute 1.5 percentage points to growth in the September quarter 2015 volume measure of GDP. Current Account in Australia averaged -4938.58 AUD Million from 1959 until 2015, reaching an all time high of 295 AUD Million in the fourth quarter of 1972 and a record low of -20882 AUD Million in the fourth quarter of 2007. Current Account in Australia is reported by the Australian Bureau of Statistics.

Australia Current Account
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Actual Previous Highest Lowest Dates Unit Frequency
-18104.00 -20506.00 295.00 -20882.00 1959 - 2015 AUD Million Quarterly
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Australia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Current Account - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-06-02 02:30 AM Q1 A$-10.7B A$-10.2B(R) AUD -10.8B -10.3B
2015-09-01 02:30 AM Q2 A$-19.0B A$-13.5B A$-15.8B A$-13B
2015-12-01 12:30 AM Q3 A$-18.1B A$-20.5B A$-16.5B A$-18.4B
2016-03-01 12:30 AM Q4 A$-18.1B -17.3B
2016-03-03 12:30 AM Q4 -17.3B
2016-06-02 01:30 AM Q1 -16.9B

Australia Trade Last Previous Highest Lowest Unit
Balance of Trade -3535.00 -2727.00 2221.00 -4103.00 AUD Million [+]
Exports 25247.00 26490.00 29278.00 435.00 AUD Million [+]
Imports 28782.00 29216.00 30059.00 396.00 AUD Million [+]
Current Account -18104.00 -20506.00 295.00 -20882.00 AUD Million [+]
Current Account to GDP -2.80 -3.30 1.40 -6.70 percent [+]
External Debt 1907269.00 1815720.00 1907269.00 147312.00 AUD Million [+]
Terms of Trade 83.30 82.60 118.50 49.30 Index Points [+]
Foreign Direct Investment 57525.00 56183.00 57932.00 -37050.00 AUD Million [+]
Capital Flows 18753.00 15552.00 21907.00 -375.00 AUD Million [+]
Tourist Arrivals 668900.00 624000.00 806700.00 30100.00 [+]
Gold Reserves 79.85 79.84 79.85 79.69 Tonnes [+]
Crude Oil Production 301.00 258.00 781.00 258.00 BBL/D/1K [+]
Terrorism Index 3.11 0.22 3.11 0.01 [+]




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