Australia Current Account  1959-2017 | Data | Chart | Calendar | Forecast

Australia recorded a current account deficit of 3,853 AUD million in the December quarter of 2016, compared to a downwardly revised 10,201 AUD million deficit in Q3 while markets expected a 3,600 AUD million gap. It was the smallest deficit since Q1 2014, as there was a turnaround of 8,205 USD million on balance on goods and services, resulting in a surplus of 4,667 AUD million in Q4 2016. Meanwhile, the deficit of net primary income came in at 8,081 AUD million, widening from a 6,238 AUD million gap in the prior quarter. Net secondary income also posted a deficit of 439 AUD million, compared to a 425 AUD million deficit in Q3. In seasonally adjusted chain volume terms, the surplus on goods and services rose 700 AUD million (49 percent) from 1,424 AUD million in the September quarter to 2,124 AUD million in the December quarter 2016. This is expected to contribute 0.2 percentage points to growth in the December quarter 2016 volume measure of GDP. Current Account in Australia averaged -5129.80 AUD Million from 1959 until 2016, reaching an all time high of 295 AUD Million in the fourth quarter of 1972 and a record low of -23105 AUD Million in the fourth quarter of 2015.

Australia Current Account
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-06 01:30 AM Q2 A$-15.5B A$-14.9B A$-19.75B A$-17.7B
2016-12-06 12:30 AM Q3 A$-11.4B A$-15.9B A$-13.7B A$-14B
2017-02-28 12:30 AM Q4 A$-3.9B A$-10.2B A$-3.6B A$ -4B
2017-05-31 01:30 AM Q1 A$-3.9B A$ -5.3B
2017-09-06 01:30 AM Q2 A$ -7.1B
2017-12-06 12:30 AM Q3 A$ -9.8B




Australia Trade Last Previous Highest Lowest Unit
Balance of Trade 1302.00 3334.00 3334.00 -4449.00 AUD Million [+]
Exports 31796.00 32741.00 32741.00 435.00 AUD Million [+]
Imports 30494.00 29406.00 30494.00 396.00 AUD Million [+]
Current Account -3853.00 -10201.00 295.00 -23105.00 AUD Million [+]
Current Account to GDP -2.70 -4.70 1.40 -6.70 percent [+]
External Debt 1926696.00 1916975.00 1941405.00 147312.00 AUD Million [+]
Terms of Trade 102.90 93.90 136.60 49.30 Index Points [+]
Foreign Direct Investment 29636.00 57525.00 57932.00 -37050.00 AUD Million [+]
Capital Flows 3218.00 15721.00 24165.00 -375.00 AUD Million [+]
Tourist Arrivals 725800.00 971800.00 971800.00 30100.00 [+]
Gold Reserves 79.85 79.85 79.85 79.69 Tonnes [+]
Crude Oil Production 292.00 297.00 781.00 247.00 BBL/D/1K [+]
Terrorism Index 2.74 3.11 3.11 0.01 [+]
Weapons Sales 113.00 91.00 158.00 2.00 USD Million [+]



Australia Current Account Notes

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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-3853.00 -10201.00 295.00 -23105.00 1959 - 2016 AUD Million Quarterly



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Afghanistan -4809.97 Dec/15
Albania -207.64 Sep/16
Algeria -6.77 Dec/15
Angola -10272.80 Dec/15
Argentina -4400.00 Dec/16
Armenia 52.40 Sep/16
Australia -3853.00 Dec/16
Austria 916.00 Sep/16
Azerbaijan -312.00 Sep/16
Bahamas -171.80 Dec/16
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Belgium 525.00 Sep/16
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Benin -884.91 Dec/14
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Bolivia -513.00 Mar/16
Bosnia and Herzegovina -209.63 Sep/16
Botswana 7533.54 Sep/16
Brazil -934.74 Feb/17
Brunei 2823.60 Dec/15
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Burkina Faso -448.30 Dec/15
Burundi -371.20 Dec/15
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Canada -10726.00 Dec/16
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Chad -963.10 Dec/15
Chile -700.00 Dec/16
China 376.00 Dec/16
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Congo -2919.80 Dec/14
Costa Rica -591.10 Sep/16
Croatia 3344.70 Sep/16
Cuba 101.00 Dec/15
Cyprus 331.00 Sep/16
Czech Republic -845.40 Dec/16
Denmark 14549.00 Jan/17
Djibouti -97351.00 Dec/15
Dominican Republic -441.40 Sep/16
East Timor 98.00 Dec/15
Ecuador 271.68 Sep/16
Egypt -4666.10 Dec/16
El Salvador -167.92 Sep/16
Equatorial Guinea 552.00 Dec/15
Eritrea -143.00 Dec/15
Estonia 209.40 Dec/16
Ethiopia -2710.10 Sep/16
Euro Area 2.50 Jan/17
Fiji 38.80 Sep/16
Finland 22.00 Jan/17
France -6962.00 Jan/17
Gabon 341.00 Dec/13
Gambia -1631.53 Jun/16
Georgia -329.81 Sep/16
Germany 12800.00 Jan/17
Ghana -638.41 Sep/16
Greece -271.00 Jan/17
Guatemala 57.60 Sep/16
Guinea -120.58 Sep/16
Guinea Bissau 0.50 Dec/16
Guyana -144.20 Dec/15
Haiti -107.64 Sep/16
Honduras -334.40 Sep/16
Hong Kong 34834.00 Dec/16
Hungary 688.00 Dec/16
Iceland 44.72 Dec/16
India -7900.00 Dec/16
Indonesia -1812.00 Dec/16
Iran 3729.00 Sep/16
Iraq 15861.00 Dec/15
Ireland -11132.00 Dec/16
Israel 3257.00 Dec/16
Italy -1913.40 Jan/17
Ivory Coast -125.40 Dec/16
Jamaica 6.00 Jun/16
Japan 66.00 Jan/17
Jordan -284.70 Sep/16
Kazakhstan -2589.90 Dec/16
Kenya -3617.90 Nov/16
Kosovo -96.40 Dec/16
Kuwait 471.00 Sep/16
Kyrgyzstan -61.50 Dec/16
Laos -237.68 Jun/16
Latvia 114.50 Jan/17
Lebanon 166.70 Jan/17
Lesotho -628.38 Sep/16
Liberia -81.50 Sep/16
Libya -13404.40 Dec/15
Lithuania -94.06 Jan/17
Luxembourg 1522.60 Dec/16
Macau 103162.80 Dec/15
Macedonia -59.10 Dec/16
Madagascar 59.00 Mar/16
Malawi -1425.70 Dec/15
Malaysia 12200.00 Dec/16
Maldives -666.70 Dec/16
Mali -406.40 Dec/16
Malta 256175.00 Dec/16
Mauritania -308.60 Dec/15
Mauritius -6932.00 Sep/16
Mexico -3362.67 Dec/16
Moldova -85.58 Sep/16
Mongolia -8.70 Jan/17
Montenegro -295140.27 Dec/16
Morocco -5591.50 Sep/16
Mozambique -903.40 Dec/16
Myanmar -1128.00 Dec/12
Namibia -4018.39 Sep/16
Nepal -1974.60 Jun/16
Netherlands 17897.70 Dec/16
New Caledonia -118.50 Dec/15
New Zealand -2335.00 Dec/16
Nicaragua -236.80 Sep/16
Niger -921.70 Dec/15
Nigeria -404.65 Jun/16
Norway 59304.00 Dec/16
Oman -4155.00 Dec/15
Pakistan -2292.00 Dec/16
Palestine -365.10 Dec/16
Panama -3098.10 Dec/16
Papua New Guinea 4386.00 Sep/16
Paraguay 256.10 Sep/16
Peru 156.85 Dec/16
Philippines -197.31 Dec/16
Poland 2457.00 Jan/17
Portugal -42.50 Jan/17
Puerto Rico 6331.40 Dec/15
Qatar -5444.00 Sep/16
Republic of the Congo -1163.30 Dec/10
Romania 416.00 Jan/17
Russia 7800.00 Dec/16
Rwanda -823.40 Dec/15
Sao Tome and Principe -78.61 Dec/15
Saudi Arabia -1197.00 Dec/16
Senegal -499.30 Dec/15
Serbia -273.00 Dec/16
Seychelles -97.80 Sep/16
Sierra Leone -1102.09 Dec/12
Singapore 18129.90 Dec/16
Slovakia -168.90 Jan/17
Slovenia 276.00 Jan/17
South Africa -76438.00 Dec/16
South Korea 5277.80 Jan/17
Spain 3409.00 Dec/16
Sri Lanka -241.00 Sep/16
Sudan -962.30 Dec/16
Suriname 43.70 Dec/16
Swaziland 58.40 Jun/16
Sweden 64.30 Dec/16
Switzerland 22022.94 Dec/16
Syria -418.30 Dec/11
Taiwan 18301.00 Dec/16
Tajikistan 152472.50 Sep/16
Tanzania -91.60 Nov/16
Thailand 5008.25 Jan/17
Togo -140.50 Dec/15
Trinidad and Tobago -659.70 Jun/16
Tunisia -2241.30 Dec/16
Turkey -2762.00 Jan/17
Turkmenistan -7105.00 Dec/17
Uganda -382.70 Sep/16
Ukraine -26.00 Jan/17
United Arab Emirates 42400.00 Dec/16
United Kingdom -25494.00 Sep/16
United States -112382.00 Dec/16
Uruguay 47.25 Sep/16
Uzbekistan 159.00 Dec/17
Venezuela -5113.00 Dec/15
Vietnam 3499.00 Sep/16
Yemen -1530.50 Dec/13
Zambia -107.20 Sep/16
Zimbabwe -3065.33 Dec/14