Australia DOT Forecast: Current Account Balance: % of GDP

1997 - 2024 | Yearly | % | Department of the Treasury

Australia DOT Forecast: Current Account Balance: % of GDP data was reported at -3.500 % in 2025. This records a decrease from the previous number of -2.500 % for 2024. Australia DOT Forecast: Current Account Balance: % of GDP data is updated yearly, averaging -3.250 % from Jun 1997 to 2025, with 29 observations. The data reached an all-time high of 3.750 % in 2022 and a record low of -6.500 % in 2005. Australia DOT Forecast: Current Account Balance: % of GDP data remains active status in CEIC and is reported by Department of the Treasury. The data is categorized under Global Database’s Australia – Table AU.JB032: BPM6: Balance of Payment: Forecast.

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Australia Australia DOT Forecast: Current Account Balance: % of GDP
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Australia Australia DOT Forecast: Current Account Balance: % of GDP

What is Australia's Australia DOT Forecast: Current Account Balance: % of GDP in 2024?

Last Previous Min Max Unit Frequency Range
-3.750 2024 0.500 2023 -6.500 2005 3.750 2022 % yearly 1997 - 2024

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 75,508.049 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 75,393.910 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 2.279 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 9.1 Dec 2022 quarterly Sep 1960 - Dec 2022
GDP per Capita (USD) 65,005.795 2022 yearly 1960 - 2022
Gross Fixed Capital Formation (USD mn) 93,008.316 Dec 2022 quarterly Sep 1959 - Dec 2022
Gross National Product (GNP) (USD mn) 417,569.351 Dec 2022 quarterly Sep 1959 - Dec 2022
Gross Savings Rate (%) 29.6 Dec 2022 quarterly Sep 1959 - Dec 2022
Investment: % of GDP (%) 23.7 Dec 2022 quarterly Sep 1959 - Dec 2022
Nominal GDP (USD mn) 414,682.2 Dec 2022 quarterly Sep 1959 - Dec 2022
Nominal GDP Growth (%) 12.034 Dec 2022 quarterly Sep 1960 - Dec 2022
Private Consumption Expenditure (USD mn) 206,305.391 Dec 2022 quarterly Sep 1959 - Dec 2022
Private Consumption: % of GDP (%) 49.9 Dec 2022 quarterly Sep 1959 - Dec 2022
Public Consumption Expenditure (USD mn) 87,241.270 Dec 2022 quarterly Sep 1959 - Dec 2022
Public Consumption: % of GDP (%) 20.4 Dec 2022 quarterly Sep 1959 - Dec 2022
Real GDP Growth (%) 2.7 Dec 2022 quarterly Sep 1960 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 48.639 Dec 2022 quarterly Sep 1959 - Dec 2022
Production Last Frequency Range
Gold Production (kg) 320,000.000 2022 yearly 1990 - 2022
Industrial Production Index Growth (%) 2.0 Dec 2022 quarterly Sep 1975 - Dec 2022
Minerals Production (Metric Ton) 1,309,620,617.000 2021 yearly 2009 - 2021
Motor Vehicle Production (Unit) 6,077.000 2022 yearly 1997 - 2022
Silver Production (Metric Ton) 1,400.000 2022 yearly 1986 - 2022
Fertilizer Consumption (%) 285.140 2020 yearly 1961 - 2020
Agricultural Land (sq km) 3,557,750.000 2020 yearly 1961 - 2020
Aquaculture Production (Metric Ton) 106,088.350 2020 yearly 1960 - 2020
Construction and Properties Last Frequency Range
House Prices Growth (%) 1.1 Sep 2022 quarterly Sep 2004 - Sep 2022
Nominal Residential Property Price Index (2010=100) 178.884 Sep 2022 quarterly Mar 1970 - Sep 2022
Nominal Residential Property Price Index Growth (%) -3.197 Dec 2022 quarterly Mar 1971 - Dec 2022
Real Residential Property Price Index (2010=100) 126.615 Dec 2022 quarterly Mar 1970 - Dec 2022
Real Residential Property Price Index Growth (%) -10.228 Dec 2022 quarterly Mar 1971 - Dec 2022
Building Permits (Unit) 13,310.000 Jan 2023 monthly Jul 2001 - Jan 2023
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.0 Dec 2022 quarterly Jun 2003 - Dec 2022
Forecast: Government Expenditure (AUD bn) 1,177.946 2028 yearly 1988 - 2028
Forecast: Government Net Debt (AUD bn) 1,875.287 2028 yearly 1989 - 2028
Forecast: Government Revenue (AUD bn) 1,121.606 2028 yearly 1988 - 2028
Government Debt: % of GDP (%) 47.7 2021 yearly 1999 - 2021
National Government Debt (USD mn) 743,969.0 2021 yearly 1999 - 2021
Tax Revenue (USD mn) 124,130.400 Dec 2022 quarterly Sep 2002 - Dec 2022
Consolidated Fiscal Balance (USD mn) -924.067 Dec 2022 quarterly Sep 2002 - Dec 2022
Tax Revenue: % of GDP (%) 28.8 Dec 2022 quarterly Sep 2002 - Dec 2022
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 13,884,436.630 Mar 2023 monthly Feb 1978 - Mar 2023
Forecast: Employment (Person mn) 13.592 2023 yearly 1980 - 2023
Forecast: Population (Person mn) 27.798 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 4.633 2028 yearly 1980 - 2028
Labour Force Participation Rate (%) 67.0 Mar 2023 monthly Feb 1978 - Mar 2023
Labour Productivity Growth (%) -2.15 Dec 2022 quarterly Jun 1979 - Dec 2022
Monthly Earnings (USD) 3,716 Nov 2022 semiannually May 2012 - Nov 2022
Population (Person mn) 25.8 2021 yearly 1950 - 2021
Unemployment Rate (%) 3.54 Feb 2023 monthly Feb 1978 - Feb 2023
Life Expectancy at Birth (Year) 83.200 2020 yearly 1960 - 2020

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