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

Australia recorded a current account deficit of 20,794 AUD million in the March quarter of 2016, narrowing from an upwardly revised 22,631 AUD million deficit in the previous quarter and market consensus of a 19,500 AUD million. The deficit on the balance of goods and services decreased by 2,824 AUD million (-26 percent) to 8,114 AUD million. Meanwhile, the primary income deficit decreased by 979 AUD million (+9 percent) to 12,084 AUD million. In seasonally adjusted chain volume terms, the surplus on goods and services increased 4,731 AUD million (+60 percent from the December quarter 2015) to 12,611 AUD million in the March quarter. This is expected to contribute 1.1 percentage points to growth in the first quarter 2016 volume measure of GDP. Current Account in Australia averaged -5089.64 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 -22631 AUD Million in the fourth quarter of 2015. 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
-20794.00 -22631.00 295.00 -22631.00 1959 - 2016 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 June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
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$-21.1B A$-18.8B A$-20B A$-21B
2016-05-31 01:30 AM Q1 A$-20.8B A$-22.6B A$-19.5B A$-19.6B
2016-09-06 01:30 AM Q2 A$-20.8B A$-17.7B
2016-12-01 12:30 AM Q3 A$-16.8B

Australia Trade Last Previous Highest Lowest Unit
Balance of Trade -1579.00 -1971.00 2238.00 -4432.00 AUD Million [+]
Exports 26734.00 26563.00 29254.00 435.00 AUD Million [+]
Imports 28313.00 28535.00 30250.00 396.00 AUD Million [+]
Current Account -20794.00 -22631.00 295.00 -22631.00 AUD Million [+]
Current Account to GDP -4.60 -3.00 1.40 -6.70 percent [+]
External Debt 1898459.00 1911243.00 1911243.00 147312.00 AUD Million [+]
Terms of Trade 78.70 80.60 118.50 49.30 Index Points [+]
Foreign Direct Investment 29636.00 57525.00 57932.00 -37050.00 AUD Million [+]
Capital Flows 20549.00 20866.00 21907.00 -375.00 AUD Million [+]
Tourist Arrivals 610800.00 754600.00 897700.00 30100.00 [+]
Gold Reserves 79.85 79.85 79.85 79.69 Tonnes [+]
Crude Oil Production 330.00 335.00 781.00 258.00 BBL/D/1K [+]
Terrorism Index 3.11 0.22 3.11 0.01 [+]
Weapons Sales 113.00 91.00 158.00 2.00 USD Million [+]




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Afghanistan -4392.85 Dec/14
Albania -257.72 Mar/16
Algeria -6.60 Sep/15
Angola -3722.40 Dec/14
Argentina -4010.00 Mar/16
Armenia -140.11 Dec/15
Australia -20794.00 Apr/16
Austria 1923.00 Dec/15
Azerbaijan -432.20 Mar/16
Bahamas -383.20 Dec/15
Bahrain 422.50 Dec/14
Bangladesh 456.00 Dec/15
Belarus -1468.00 Mar/16
Belgium -140.00 Dec/15
Belize -126.70 Dec/15
Benin -576.97 Dec/12
Bhutan -36084.70 Dec/15
Bolivia -741.40 Dec/15
Bosnia and Herzegovina -452.11 Dec/15
Botswana -731.46 Dec/15
Brazil 1200.30 May/16
Brunei 835.20 Dec/14
Bulgaria -93.00 Apr/16
Burkina Faso -476.40 Dec/14
Burundi 384.50 Dec/14
Cambodia -1772.00 Oct/15
Cameroon -580.02 Dec/13
Canada -16800.00 Mar/16
Cape Verde -1213.20 Dec/15
Cayman Islands -586.60 Dec/14
Central African Republic -67.20 Dec/09
Chad -630.60 Dec/09
Chile 515.00 Mar/16
China 481.00 Mar/16
Colombia -3381.00 Mar/16
Comoros -25222.00 Dec/14
Congo -2919.80 Dec/14
Costa Rica -758.80 Dec/15
Croatia -389.90 Dec/15
Cuba 101.00 Dec/15
Cyprus -110.10 Dec/15
Czech Republic 4206.45 Mar/16
Denmark 5189.00 Apr/16
Djibouti -70118.00 Dec/14
Dominican Republic -794.90 Dec/15
East Timor 98.00 Dec/15
Ecuador -492.04 Dec/15
Egypt -4940.20 Dec/15
El Salvador -268.10 Dec/15
Equatorial Guinea -352.70 Dec/10
Eritrea 70.00 Dec/13
Estonia -112.00 Mar/16
Ethiopia -1960.90 Dec/15
Euro Area 34.00 Apr/16
Fiji 38.70 Sep/15
Finland -702.00 Apr/16
France -2821.00 Apr/16
Gabon 765.50 Dec/09
Gambia -1148.64 Dec/14
Georgia -551.70 Dec/15
Germany 28800.00 Apr/16
Ghana -422.90 Jun/15
Greece -822.00 Apr/16
Guatemala -114.10 Dec/15
Guinea -321.96 Jun/13
Guinea Bissau -22.30 Dec/14
Guyana -144.20 Dec/15
Haiti -102.46 Sep/15
Honduras -333.30 Dec/15
Hong Kong 17553.00 Mar/16
Hungary 1740.00 Mar/16
Iceland 2.08 Mar/16
India -300.00 Mar/16
Indonesia -4670.00 Mar/16
Iran 3817.00 Dec/15
Iraq 15861.00 Dec/15
Ireland 2773.00 Dec/15
Israel 3322.70 Mar/16
Italy 4655.00 Apr/16
Ivory Coast -98.00 Dec/14
Jamaica -72.90 Dec/15
Japan 1878.50 Apr/16
Jordan -455.60 Dec/15
Kazakhstan -914.40 Mar/16
Kenya -142.72 Dec/15
Kosovo -79.30 Mar/16
Kuwait 1169.00 Sep/15
Kyrgyzstan -123.30 Mar/16
Laos -402.00 Sep/15
Latvia 16.84 Apr/16
Lebanon -254.90 Apr/16
Lesotho -860.65 Dec/15
Liberia -386.20 Dec/15
Libya -26181.80 Dec/14
Lithuania -99.86 Apr/16
Luxembourg 509.00 Mar/16
Macau 169539.50 Dec/14
Macedonia -29.10 Mar/16
Madagascar -56.10 Sep/14
Malawi -1124.14 Dec/14
Malaysia 5000.00 Mar/16
Maldives -399.90 Dec/15
Mali -451.00 Dec/14
Malta 39873.00 Mar/16
Mauritania -444.70 Dec/14
Mauritius -2507.00 Mar/16
Mexico -6991.43 Mar/16
Moldova -54.71 Dec/15
Mongolia 97.70 Apr/16
Montenegro -283938.04 Mar/16
Morocco 16938.90 Dec/15
Mozambique -2506.90 Jun/15
Myanmar -1128.00 Dec/12
Namibia -4759.40 Dec/15
Nepal 71632.90 Sep/15
Netherlands 17020.70 Mar/16
New Caledonia -132.13 Dec/14
New Zealand 1306.00 Mar/16
Nicaragua -330.90 Dec/15
Niger -921.70 Dec/15
Nigeria -2013.91 Dec/15
Norway 54018.00 Mar/16
Oman 1559.00 Dec/14
Pakistan -223.00 Mar/16
Palestine -449.80 Dec/15
Panama -529.70 Mar/16
Papua New Guinea 3043.00 Dec/15
Paraguay -131.20 Dec/15
Peru -2099.03 Mar/16
Philippines -145.00 Mar/16
Poland 594.00 Apr/16
Portugal -11.73 Apr/16
Puerto Rico 6331.40 Dec/15
Qatar 3173.00 Dec/15
Republic of the Congo -1163.30 Dec/10
Romania -645.00 Apr/16
Russia 11700.00 Mar/16
Rwanda -823.40 Dec/15
Sao Tome and Principe -78.61 Dec/15
Saudi Arabia -23007.00 Dec/15
Senegal -722.80 Dec/14
Serbia -64.00 Apr/16
Seychelles -45.00 Dec/15
Sierra Leone -1102.09 Dec/12
Singapore 17774.10 Mar/16
Slovakia -27.30 Apr/16
Slovenia 347.30 Apr/16
South Africa -211000.00 Mar/16
South Korea 3370.00 Apr/16
Spain 836.00 Mar/16
Sri Lanka -45636.00 Sep/15
Sudan -1906.10 Dec/15
Suriname -86.70 Mar/16
Swaziland 1970.20 Sep/15
Sweden 64.30 Mar/16
Switzerland 9898.35 Mar/16
Syria -418.30 Dec/11
Taiwan 20720.00 Mar/16
Tajikistan -267648.40 Dec/14
Tanzania 53.70 Mar/16
Thailand 3163.59 Apr/16
Togo -387.40 Dec/14
Trinidad and Tobago 18.90 Dec/15
Tunisia -1.80 Mar/16
Turkey -2956.00 Apr/16
Turkmenistan -6194.00 Dec/16
Uganda -703.00 Dec/15
Ukraine -942.00 Mar/16
United Arab Emirates 79300.00 Dec/15
United Kingdom -32662.00 Dec/15
United States -124671.00 Mar/16
Uruguay -603.70 Dec/15
Uzbekistan 225.00 Dec/16
Venezuela -5113.00 Dec/15
Vietnam 1077.00 Dec/15
Yemen -1530.50 Dec/13
Zambia -482.46 Dec/15
Zimbabwe -3065.33 Dec/14