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 977.00 1731.00 4574.00 -4269.00 AUD Million [+]
Exports 34188.00 34951.00 34951.00 435.00 AUD Million [+]
Imports 33211.00 33220.00 34143.00 393.00 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 89.10 86.70 106.40 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 872400.00 914500.00 1010600.00 30100.00 [+]
Gold Reserves 72.80 72.80 79.85 72.80 Tonnes [+]
Crude Oil Production 264.00 240.00 781.00 240.00 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 June 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 620.00 Apr/18
Canada -19496.00 Mar/18
China -282.00 Mar/18
Euro Area 40.55 Mar/18
France -1146.00 Apr/18
Germany 22700.00 Apr/18
India -13000.00 Mar/18
Indonesia -5500.00 Mar/18
Italy 3408.00 Mar/18
Japan 1845.10 Apr/18
Mexico -6940.80 Mar/18
Netherlands 20903.90 Dec/17
Russia 28800.00 Mar/18
South Korea 1770.00 Apr/18
Spain 904.00 Mar/18
Switzerland 19679.42 Dec/17
Turkey -5426.00 Apr/18
United Kingdom -18443.00 Dec/17
United States -128158.00 Dec/17


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