Explore our Data

Australia Current Account Balance: % of GDP

1959 - 2018 | Quarterly | % | CEIC Data

Australia's Current Account deficit accounted for 2.9 % of the country's Nominal GDP in Jun 2018, compared with a 2.5 % deficit in the previous quarter. Australia's Current Account Balance: % of Nominal GDP data is updated quarterly, available from Sep 1959 to Jun 2018, with an average value of -3.3 %. The data reached an all-time high of 2.3 % in Dec 1972 and a record low of -7.3 % in Dec 2004. CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Australian Bureau of Statistics provides Current Account Balance in local currency and Nominal GDP in local currency.

In the latest reports of Australia, Current Account recorded a deficit of 10.2 USD bn in Jun 2018. Foreign Direct Investment (FDI) increased by 24.6 USD bn in Jun 2018. Australia's Direct Investment Abroad expanded by 4.0 USD bn in Jun 2018. Its Foreign Portfolio Investment increased by 17.8 USD bn in Jun 2018. The country's Nominal GDP was reported at 356.1 USD bn in Jun 2018.

CEIC only displays a select group of indicators on our website.
Explore the complete set of 4 million+ time series by registering for a free trial.

What was Australia's Current Account Balance: % of GDP in Mar 2018?

Last

-2.3

Mar 2018
Previous

-3.2

Dec 2017
Min

-7.3

Dec 2004
Max

2.3

Dec 1972
Unit

%

Frequency

quarterly

Range

Sep 1959 - Mar 2018

Updated on 06 Jun 2018
Last Previous Min Max Unit Frequency Range

-2.3

Mar 2018

-3.2

Dec 2017

-7.3

Dec 2004

2.3

Dec 1972

%

quarterly

Sep 1959 - Mar 2018

Updated on 06 Jun 2018

View Australia's Current Account Balance: % of GDP from Sep 1959 to Mar 2018 in the chart:

Australia Current Account Balance: % of GDP

Series Details
Series ID

254908001

Name

Australia Current Account Balance: % of GDP

Country

Australia

Frequency

Quarterly

Unit

%

Status

Active

Source

CEIC Data

First Date

Sep 1959

Last Date

Mar 2018

Last Updated

06 Jun 2018

Statistics
Mean

-3.3

Variance

3.7

Standard deviation

1.9

Skewness

0.5

Kurtosis

0.3

Coefficient variation

-0.6

Median

-3.2

Max
Dec 1972

2.3

Min
Dec 2004

-7.3

Previous observation
Dec 2017

-3.2

Last observation
Mar 2018

-2.3

Number of Observations

235

Get This Data

More Countries/Regions for Current Account Balance: % of GDP

Country/Region Last Previous Min Max Unit Frequency Range
Algeria

-16.5

2016

-16.5

2015

-16.5

2016

24.7

2006

%

yearly

1997 - 2016

Updated on 2018-05-08
Argentina

-6.3

Mar 2018

-5.7

Dec 2017

-6.3

Mar 2018

5.1

Jun 2009

%

quarterly

Mar 2004 - Mar 2018

Updated on 2018-06-26
Australia

-2.3

Mar 2018

-3.2

Dec 2017

-7.3

Dec 2004

2.3

Dec 1972

%

quarterly

Sep 1959 - Mar 2018

Updated on 2018-06-06
Austria

1.0

Jun 2018

5.7

Mar 2018

-8.8

Dec 1977

8.7

Mar 2008

%

quarterly

Mar 1970 - Jun 2018

Updated on 2018-10-01
Bahrain

3.3

2014

7.8

2013

-12.6

1998

15.7

2007

%

yearly

1997 - 2014

Updated on 2015-09-07
Bangladesh

-0.9

2017

1.1

2016

-1.9

2001

3.3

2010

%

yearly

1998 - 2017

Updated on 2018-04-23
Belgium

-2.1

Jun 2018

1.1

Mar 2018

-7.7

Sep 2008

9.2

Jun 2005

%

quarterly

Mar 1995 - Jun 2018

Updated on 2018-10-01
Bolivia

-7.1

Dec 2017

-5.3

Sep 2017

-10.9

Jun 1992

16.1

Sep 2006

%

quarterly

Mar 1990 - Dec 2017

Updated on 2018-06-27
Botswana

9.6

Dec 2017

8.1

Sep 2017

-22.1

Dec 2016

42.3

Mar 2016

%

quarterly

Mar 2004 - Dec 2017

Updated on 2018-05-02
Brazil

0.4

Jun 2018

-1.1

Mar 2018

-5.6

Mar 2015

3.0

Sep 2004

%

quarterly

Mar 1995 - Jun 2018

Updated on 2018-07-26
Brunei

12.0

Dec 2015

3.0

Sep 2015

3.0

Sep 2015

54.3

Mar 2014

%

quarterly

Mar 2013 - Dec 2015

Updated on 2018-04-27
Bulgaria

0.9

Jun 2018

-1.2

Mar 2018

-30.2

Dec 2007

18.7

Sep 2017

%

quarterly

Mar 1999 - Jun 2018

Updated on 2018-10-03
Cambodia

-8.0

2017

-8.4

2016

-10.2

2008

-2.2

2001

%

yearly

1994 - 2017

Updated on 2018-10-12
Canada

-3.6

Mar 2018

-3.0

Dec 2017

-5.1

Mar 1975

3.6

Mar 2001

%

quarterly

Mar 1957 - Mar 2018

Updated on 2018-06-15
Chile

-0.3

Mar 2018

-0.5

Dec 2017

-8.8

Dec 1997

7.9

Mar 2007

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-05-18
China

0.2

Jun 2018

-1.1

Mar 2018

-1.1

Mar 2018

11.1

Dec 2006

%

quarterly

Mar 1998 - Jun 2018

Updated on 2018-09-28
Colombia

-3.5

Mar 2018

-2.0

Dec 2017

-7.3

Mar 2015

1.5

Sep 1999

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-06-01
Cyprus

-1.8

Mar 2018

-22.4

Dec 2017

-27.0

Dec 2008

8.6

Sep 2016

%

quarterly

Mar 2008 - Mar 2018

Updated on 2018-06-29
Czech Republic

4.8

Mar 2018

-0.1

Dec 2017

-10.6

Sep 2010

10.8

Mar 2016

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-06-29
Denmark

5.2

Jun 2018

3.2

Mar 2018

-3.9

Dec 1998

11.1

Sep 2014

%

quarterly

Mar 1990 - Jun 2018

Updated on 2018-10-09
Ecuador

0.4

Mar 2018

-1.0

Dec 2017

-15.5

Sep 1998

12.4

Dec 1999

%

quarterly

Mar 1993 - Mar 2018

Updated on 2018-06-29
Estonia

-0.6

Mar 2018

4.2

Dec 2017

-20.4

Mar 2007

5.6

Sep 2010

%

quarterly

Mar 2000 - Mar 2018

Updated on 2018-06-07
Finland

1.0

Mar 2018

2.3

Dec 2017

-7.2

Mar 1991

10.9

Dec 2001

%

quarterly

Mar 1990 - Mar 2018

Updated on 2018-07-13
France

-2.2

Mar 2018

0.6

Dec 2017

-3.2

Mar 2017

3.6

Jun 1999

%

quarterly

Mar 1997 - Mar 2018

Updated on 2018-07-31
Germany

8.1

Jun 2018

8.6

Mar 2018

-2.4

Sep 2000

9.7

Sep 2015

%

quarterly

Mar 1991 - Jun 2018

Updated on 2018-10-11
Greece

-6.8

Mar 2018

-6.2

Dec 2017

-21.0

Mar 2007

11.8

Sep 2015

%

quarterly

Mar 2000 - Mar 2018

Updated on 2018-07-02
Hong Kong SAR

2.4

Mar 2018

2.2

Dec 2017

-5.5

Jun 2014

20.8

Dec 2008

%

quarterly

Mar 1999 - Mar 2018

Updated on 2018-06-22
Hungary

3.7

Mar 2018

0.7

Dec 2017

-10.9

Dec 2000

7.4

Jun 2016

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-06-21
Iceland

0.0

Mar 2018

0.3

Dec 2017

-36.3

Jun 2008

15.2

Sep 2016

%

quarterly

Mar 1997 - Mar 2018

Updated on 2018-06-08
India

-1.9

Mar 2018

-2.1

Dec 2017

-6.8

Dec 2012

2.2

Jun 2004

%

quarterly

Jun 2004 - Mar 2018

Updated on 2018-07-11
Indonesia

-3.0

Jun 2018

-2.2

Mar 2018

-4.6

Jun 1996

7.8

Sep 1998

%

quarterly

Mar 1990 - Jun 2018

Updated on 2018-09-14
Ireland

12.4

Mar 2018

12.0

Dec 2017

-10.0

Mar 2008

17.6

Sep 2017

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-07-25
Israel

2.3

Mar 2018

4.8

Dec 2017

-19.8

Sep 1982

17.8

Dec 1985

%

quarterly

Mar 1979 - Mar 2018

Updated on 2018-07-16
Italy

1.1

Mar 2018

3.5

Dec 2017

-6.2

Mar 1981

4.6

Sep 1996

%

quarterly

Mar 1980 - Mar 2018

Updated on 2018-06-29
Japan

3.4

Mar 2018

4.3

Dec 2017

-0.7

Mar 2014

4.8

Dec 2007

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-07-08
Jordan

-9.7

Mar 2018

-9.0

Dec 2017

-26.5

Mar 2012

26.3

Jun 2003

%

quarterly

Mar 1992 - Mar 2018

Updated on 2018-07-12
South Korea

3.9

Mar 2018

4.4

Dec 2017

-13.1

Mar 1980

16.0

Mar 1998

%

quarterly

Mar 1980 - Mar 2018

Updated on 2018-05-31
Laos

-7.0

2017

-8.7

2016

-16.2

2014

2.5

2007

%

yearly

1984 - 2017

Updated on 2018-07-24
Latvia

3.4

Mar 2018

1.6

Dec 2017

-25.9

Dec 2006

12.8

Jun 2009

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-06-04
Lithuania

-2.1

Mar 2018

5.9

Dec 2017

-22.5

Mar 2008

14.6

Sep 1994

%

quarterly

Mar 1993 - Mar 2018

Updated on 2018-06-21
Luxembourg

4.3

Mar 2018

7.0

Dec 2017

-13.3

Jun 2012

22.1

Sep 2015

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-06-21
Macau SAR

27.0

2016

25.3

2015

14.7

2006

40.9

2011

%

yearly

2002 - 2016

Updated on 2018-05-08
Malawi

-16.2

2017

-16.8

2016

-25.1

1979

-0.2

1998

%

yearly

1977 - 2017

Updated on 2018-06-29
Malaysia

4.4

Mar 2018

3.9

Dec 2017

0.4

Jun 2013

20.2

Jun 2008

%

quarterly

Mar 2000 - Mar 2018

Updated on 2018-05-17
Malta

14.0

Mar 2018

10.6

Dec 2017

-29.5

Dec 2000

17.6

Sep 2017

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-06-20
Mexico

-2.3

Mar 2018

-1.0

Dec 2017

-6.0

Sep 1994

0.4

Jun 1995

%

quarterly

Mar 1993 - Mar 2018

Updated on 2018-05-25
Netherlands

8.5

Jun 2018

10.7

Mar 2018

-8.2

Jun 2015

16.7

Mar 2015

%

quarterly

Mar 1987 - Jun 2018

Updated on 2018-10-09
Norway

7.2

Mar 2018

4.6

Dec 2017

-11.5

Jun 1986

19.7

Dec 2005

%

quarterly

Mar 1981 - Mar 2018

Updated on 2018-06-06
Panama

-3.5

Mar 2018

-6.0

Dec 2017

-19.6

Sep 2008

3.6

Dec 2009

%

quarterly

Mar 2007 - Mar 2018

Updated on 2018-06-20
Paraguay

-1.1

Mar 2018

-4.2

Dec 2017

-6.5

Dec 2014

6.1

Jun 2014

%

quarterly

Mar 2014 - Mar 2018

Updated on 2018-07-05
Peru

-2.5

Mar 2018

-1.6

Dec 2017

-12.4

Mar 1982

6.1

Sep 2006

%

quarterly

Mar 1980 - Mar 2018

Updated on 2018-05-25
Poland

0.3

Mar 2018

-0.4

Dec 2017

-7.3

Jun 2007

1.9

Mar 2017

%

quarterly

Mar 2000 - Mar 2018

Updated on 2018-07-03
Portugal

-0.9

Mar 2018

1.1

Dec 2017

-13.6

Jun 2008

3.9

Sep 2017

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-07-04
Romania

-3.0

Mar 2018

-2.5

Dec 2017

-16.9

Jun 2008

4.4

Mar 2015

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-07-13
Slovakia

-1.3

Jun 2018

-0.8

Mar 2018

-13.9

Dec 2005

4.3

Mar 2013

%

quarterly

Mar 1997 - Jun 2018

Updated on 2018-10-05
Slovenia

6.6

Mar 2018

5.9

Dec 2017

-10.7

Jun 1999

9.0

Sep 2017

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-07-16
Spain

-0.5

Mar 2018

3.0

Dec 2017

-11.6

Mar 2008

4.5

Sep 1985

%

quarterly

Mar 1980 - Mar 2018

Updated on 2018-06-25
Sweden

0.8

Jun 2018

1.5

Mar 2018

-5.5

Dec 1982

10.1

Mar 2008

%

quarterly

Mar 1980 - Jun 2018

Updated on 2018-09-04
Switzerland

10.8

Mar 2018

11.6

Dec 2017

-1.9

Mar 2009

17.0

Mar 2010

%

quarterly

Mar 1983 - Mar 2018

Updated on 2018-06-25
United Kingdom

-3.4

Mar 2018

-3.8

Dec 2017

-6.7

Dec 2015

3.8

Mar 1981

%

quarterly

Mar 1955 - Mar 2018

Updated on 2018-06-29
United States

-2.5

Mar 2018

-2.3

Dec 2017

-6.3

Dec 2005

1.2

Jun 1975

%

quarterly

Mar 1960 - Mar 2018

Updated on 2018-07-27
Uruguay

2.7

Mar 2018

-0.9

Dec 2017

-9.7

Jun 2008

2.9

Mar 2017

%

quarterly

Mar 2005 - Mar 2018

Updated on 2018-06-29
Venezuela

-1.9

2015

0.7

2014

-14.6

1978

22.1

1974

%

yearly

1970 - 2015

Updated on 2018-04-30
CEIC Flex
Monthly metered access across all our data
20 Series Downloads Per Month
$39/per month
200 Series Downloads Per Month
$149/per month
500 Series Downloads Per Month
$299/per month
Buy Now
CEIC Unlimited
Unlimited access tailored to your data needs
Request a Demo