Australia recorded a Current Account deficit of 2.30 percent of the country's Gross Domestic Product in 2025. Current Account to GDP in Australia averaged -2.95 percent of GDP from 1959 until 2025, reaching an all time high of 3.50 percent of GDP in the third quarter of 2021 and a record low of -7.30 percent of GDP in the fourth quarter of 2004. source: Reserve Bank of Australia
Current Account to GDP in Australia is expected to be -0.40 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Current Account to GDP is projected to trend around 1.50 percent of GDP in 2027, according to our econometric models.