Australia Current Account  1959-2018 | Data | Chart | Calendar | Forecast

Australia’s current account deficit narrowed to AUD 10.469 billion in the first quarter of 2018 from an upwardly revised AUD 14.661 billion gap in the previous quarter and higher than market expectations of a AUD 9.95 billion gap. It is the smallest current account deficit since the first quarter 2017, as there was a turnaround of AUD 5.105 billion on the balance on goods and services, resulting in a surplus of AUD 4.083 billion. In addition, the secondary income deficit dropped AUD 112 million to AUD 299 million. Meantime, the primary income deficit rose AUD 1.025 billion to AUD 14.253 billion. Current Account in Australia averaged -5386.15 AUD Million from 1959 until 2018, reaching an all time high of 277 AUD Million in the fourth quarter of 1972 and a record low of -22594 AUD Million in the fourth quarter of 2015.

Australia Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2017-12-05 12:30 AM Current Account A$-9.1B A$-9.6B A$-9.2B A$ -6B
2018-03-06 12:30 AM Current Account A$-14B A$-9.1B A$-12.6B A$ -12B
2018-06-05 01:30 AM Current Account A$-10.5B A$-14.7B A$-9.95B A$ -13.5B
2018-09-04 01:30 AM Current Account A$-10.5B A$ -10.7B
2018-12-05 12:30 AM Current Account A$ -11B


Australia Trade Last Previous Highest Lowest Unit
Balance of Trade 1873.00 725.00 4534.00 -4210.00 AUD Million [+]
Exports 36439.00 35525.00 36439.00 435.00 AUD Million [+]
Imports 34567.00 34800.00 34800.00 393.00 AUD Million [+]
Current Account -10469.00 -14661.00 277.00 -22594.00 AUD Million [+]
Current Account to GDP -3.10 -1.40 2.30 -7.30 percent [+]
External Debt 2005834.00 1941517.00 2005834.00 147312.00 AUD Million [+]
Terms of Trade 87.70 89.10 106.40 47.50 Index Points [+]
Foreign Direct Investment 60499.00 64825.00 64825.00 -37050.00 AUD Million [+]
Capital Flows 7339.00 16999.00 26186.00 -375.00 AUD Million [+]
Tourist Arrivals 609300.00 679700.00 1010600.00 30100.00 [+]
Gold Reserves 72.80 72.80 79.85 72.80 Tonnes [+]
Crude Oil Production 276.00 292.00 781.00 243.00 BBL/D/1K [+]
Terrorism Index 3.09 2.74 3.11 0.01 [+]
Weapons Sales 97.00 134.00 158.00 2.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Australia Current Account

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 August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-10469.00 -14661.00 277.00 -22594.00 1959 - 2018 AUD Million Quarterly




current account by Country
Country Last
Australia -10469.00 Mar/18
Brazil 435.00 Jun/18
Canada -19496.00 Mar/18
China 58.00 Jun/18
Euro Area 28.50 Jun/18
France -2333.00 Jun/18
Germany 26200.00 Jun/18
India -13000.00 Mar/18
Indonesia -8028.00 Jun/18
Italy 5135.00 Jun/18
Japan 1175.60 Jun/18
Mexico -6940.80 Mar/18
Netherlands 21821.00 Mar/18
Russia 22300.00 Jun/18
South Korea 7380.00 Jun/18
Spain 2437.00 May/18
Switzerland 18134.28 Mar/18
Turkey -2973.00 Jun/18
United Kingdom -17720.00 Mar/18
United States -124105.00 Mar/18


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