Australia Balance of Payments: Current Account
BOP: Current Account: Balance
AU: BOP: Current Account: Balance data was reported at 21.384 USD bn in 2023. This records an increase from the previous number of 17.741 USD bn for 2022. AU: BOP: Current Account: Balance data is updated yearly, averaging -18.669 USD bn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 49.092 USD bn in 2021 and a record low of -68.559 USD bn in 2012. AU: BOP: Current Account: Balance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 21,383.793 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Balance from 1989 to 2023 in the chart:
BOP: Current Account: Balance: % of GDP
AU: BOP: Current Account: Balance: % of GDP data was reported at 0.273 % in 2023. This records a decrease from the previous number of 0.862 % for 2022. AU: BOP: Current Account: Balance: % of GDP data is updated yearly, averaging -3.721 % from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 3.149 % in 2021 and a record low of -7.565 % in 2007. AU: BOP: Current Account: Balance: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 0.273 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Balance: % of GDP from 1989 to 2023 in the chart:
BOP: Current Account: Charges for the Use of Intellectual Property: Payments
AU: BOP: Current Account: Charges for the Use of Intellectual Property: Payments data was reported at 4.093 USD bn in 2023. This records a decrease from the previous number of 4.147 USD bn for 2022. AU: BOP: Current Account: Charges for the Use of Intellectual Property: Payments data is updated yearly, averaging 2.152 USD bn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 4.170 USD bn in 2012 and a record low of 798.614 USD mn in 1993. AU: BOP: Current Account: Charges for the Use of Intellectual Property: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Charges for the use of intellectual property are payments and receipts between residents and nonresidents for the authorized use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, and franchises) and for the use, through licensing agreements, of produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 4,093.487 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Charges for the Use of Intellectual Property: Payments from 1989 to 2023 in the chart:
BOP: Current Account: Charges for the Use of Intellectual Property: Receipts
AU: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts data was reported at 5.235 USD bn in 2023. This records an increase from the previous number of 4.283 USD bn for 2022. AU: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts data is updated yearly, averaging 641.546 USD mn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 5.235 USD bn in 2023 and a record low of 148.081 USD mn in 1992. AU: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Charges for the use of intellectual property are payments and receipts between residents and nonresidents for the authorized use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, and franchises) and for the use, through licensing agreements, of produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 5,235.492 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Charges for the Use of Intellectual Property: Receipts from 1989 to 2023 in the chart:
BOP: Current Account: Exports: Goods
AU: BOP: Current Account: Exports: Goods data was reported at 372.159 USD bn in 2023. This records a decrease from the previous number of 412.601 USD bn for 2022. AU: BOP: Current Account: Exports: Goods data is updated yearly, averaging 124.641 USD bn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 412.601 USD bn in 2022 and a record low of 37.237 USD bn in 1989. AU: BOP: Current Account: Exports: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Goods exports refer to all movable goods (including nonmonetary gold and net exports of goods under merchanting) involved in a change of ownership from residents to nonresidents. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. Merchanting is reclassified from services to goods.
| Last | Frequency | Range |
|---|---|---|
| 372,159.003 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Exports: Goods from 1989 to 2023 in the chart:
BOP: Current Account: Exports: Goods and Services
AU: BOP: Current Account: Exports: Goods and Services data was reported at 447.508 USD bn in 2023. This records a decrease from the previous number of 464.688 USD bn for 2022. AU: BOP: Current Account: Exports: Goods and Services data is updated yearly, averaging 160.161 USD bn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 464.688 USD bn in 2022 and a record low of 46.338 USD bn in 1989. AU: BOP: Current Account: Exports: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 447,507.836 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Exports: Goods and Services from 1989 to 2023 in the chart:
BOP: Current Account: Exports: Goods, Services and Primary Income
AU: BOP: Current Account: Exports: Goods, Services and Primary Income data was reported at 510.914 USD bn in 2023. This records a decrease from the previous number of 527.663 USD bn for 2022. AU: BOP: Current Account: Exports: Goods, Services and Primary Income data is updated yearly, averaging 186.263 USD bn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 527.663 USD bn in 2022 and a record low of 50.247 USD bn in 1989. AU: BOP: Current Account: Exports: Goods, Services and Primary Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Exports of goods, services and primary income is the sum of goods exports, service exports and primary income receipts. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 510,914.248 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Exports: Goods, Services and Primary Income from 1989 to 2023 in the chart:
BOP: Current Account: Exports: Service
AU: BOP: Current Account: Exports: Service data was reported at 74.741 USD bn in 2023. This records an increase from the previous number of 52.087 USD bn for 2022. AU: BOP: Current Account: Exports: Service data is updated yearly, averaging 35.520 USD bn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 74.741 USD bn in 2023 and a record low of 9.101 USD bn in 1989. AU: BOP: Current Account: Exports: Service data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. Manufacturing services on physical inputs owned by others (goods for processing in BPM5) and maintenance and repair services n.i.e. are reclassified from goods to services.
| Last | Frequency | Range |
|---|---|---|
| 74,740.589 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Exports: Service from 1989 to 2023 in the chart:
BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports
AU: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data was reported at 27.178 % in 2023. This records a decrease from the previous number of 39.239 % for 2022. AU: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data is updated yearly, averaging 22.186 % from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 46.849 % in 2021 and a record low of 15.038 % in 1991. AU: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 27.178 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports from 1989 to 2023 in the chart:
BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports
AU: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data was reported at 5.016 % in 2023. This records a decrease from the previous number of 6.670 % for 2022. AU: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data is updated yearly, averaging 5.770 % from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 9.194 % in 1993 and a record low of 3.365 % in 2010. AU: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 5.016 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports from 1989 to 2023 in the chart:
BOP: Current Account: Exports: Service: Transport: % of Service Exports
AU: BOP: Current Account: Exports: Service: Transport: % of Service Exports data was reported at 6.483 % in 2023. This records a decrease from the previous number of 7.211 % for 2022. AU: BOP: Current Account: Exports: Service: Transport: % of Service Exports data is updated yearly, averaging 16.427 % from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 33.748 % in 1989 and a record low of 6.355 % in 2021. AU: BOP: Current Account: Exports: Service: Transport: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 6.483 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Exports: Service: Transport: % of Service Exports from 1989 to 2023 in the chart:
BOP: Current Account: Exports: Service: Travel: % of Service Exports
AU: BOP: Current Account: Exports: Service: Travel: % of Service Exports data was reported at 61.329 % in 2023. This records an increase from the previous number of 46.880 % for 2022. AU: BOP: Current Account: Exports: Service: Travel: % of Service Exports data is updated yearly, averaging 53.523 % from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 65.161 % in 2018 and a record low of 37.886 % in 2021. AU: BOP: Current Account: Exports: Service: Travel: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 61.329 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Exports: Service: Travel: % of Service Exports from 1989 to 2023 in the chart:
BOP: Current Account: Imports: Goods and Services
AU: BOP: Current Account: Imports: Goods and Services data was reported at 363.573 USD bn in 2023. This records a decrease from the previous number of 367.488 USD bn for 2022. AU: BOP: Current Account: Imports: Goods and Services data is updated yearly, averaging 172.901 USD bn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 367.488 USD bn in 2022 and a record low of 52.680 USD bn in 1991. AU: BOP: Current Account: Imports: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 363,572.779 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Imports: Goods and Services from 1989 to 2023 in the chart:
BOP: Current Account: Imports: Goods, Services and Primary Income
AU: BOP: Current Account: Imports: Goods, Services and Primary Income data was reported at 503.840 USD bn in 2023. This records a decrease from the previous number of 511.350 USD bn for 2022. AU: BOP: Current Account: Imports: Goods, Services and Primary Income data is updated yearly, averaging 231.708 USD bn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 511.350 USD bn in 2022 and a record low of 68.472 USD bn in 1991. AU: BOP: Current Account: Imports: Goods, Services and Primary Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Imports of goods, services and primary income is the sum of goods imports, service imports and primary income payments. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 503,839.865 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Imports: Goods, Services and Primary Income from 1989 to 2023 in the chart:
BOP: Current Account: Imports: Service
AU: BOP: Current Account: Imports: Service data was reported at 74.867 USD bn in 2023. This records an increase from the previous number of 66.548 USD bn for 2022. AU: BOP: Current Account: Imports: Service data is updated yearly, averaging 36.189 USD bn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 75.163 USD bn in 2013 and a record low of 13.531 USD bn in 1989. AU: BOP: Current Account: Imports: Service data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Gap-filled total;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. Manufacturing services on physical inputs owned by others (goods for processing in BPM5) and maintenance and repair services n.i.e. are reclassified from goods to services.
| Last | Frequency | Range |
|---|---|---|
| 74,866.966 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Imports: Service from 1989 to 2023 in the chart:
BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports
AU: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data was reported at 36.335 % in 2023. This records a decrease from the previous number of 36.761 % for 2022. AU: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data is updated yearly, averaging 28.409 % from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 57.354 % in 2021 and a record low of 22.728 % in 2006. AU: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 36.335 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports from 1989 to 2023 in the chart:
BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports
AU: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data was reported at 3.545 % in 2023. This records a decrease from the previous number of 4.223 % for 2022. AU: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data is updated yearly, averaging 4.368 % from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 9.576 % in 1994 and a record low of 2.940 % in 2012. AU: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 3.545 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports from 1989 to 2023 in the chart:
BOP: Current Account: Imports: Service: Transport: % of Service Imports
AU: BOP: Current Account: Imports: Service: Transport: % of Service Imports data was reported at 19.755 % in 2023. This records a decrease from the previous number of 33.257 % for 2022. AU: BOP: Current Account: Imports: Service: Transport: % of Service Imports data is updated yearly, averaging 33.091 % from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 36.996 % in 1995 and a record low of 18.155 % in 2019. AU: BOP: Current Account: Imports: Service: Transport: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 19.755 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Imports: Service: Transport: % of Service Imports from 1989 to 2023 in the chart:
BOP: Current Account: Imports: Service: Travel: % of Service Imports
AU: BOP: Current Account: Imports: Service: Travel: % of Service Imports data was reported at 36.091 % in 2023. This records an increase from the previous number of 24.174 % for 2022. AU: BOP: Current Account: Imports: Service: Travel: % of Service Imports data is updated yearly, averaging 33.033 % from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 50.229 % in 2018 and a record low of 2.832 % in 2021. AU: BOP: Current Account: Imports: Service: Travel: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 36.091 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Imports: Service: Travel: % of Service Imports from 1989 to 2023 in the chart:
BOP: Current Account: Net Trade: Goods
AU: BOP: Current Account: Net Trade: Goods data was reported at 83.453 USD bn in 2023. This records a decrease from the previous number of 111.661 USD bn for 2022. AU: BOP: Current Account: Net Trade: Goods data is updated yearly, averaging -490.366 USD mn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 111.661 USD bn in 2022 and a record low of -21.092 USD bn in 2007. AU: BOP: Current Account: Net Trade: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Net trade in goods is the difference between exports and imports of goods. Trade in services is not included. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 83,453.189 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Net Trade: Goods from 1989 to 2023 in the chart:
BOP: Current Account: Net Trade: Goods and Services
AU: BOP: Current Account: Net Trade: Goods and Services data was reported at 83.935 USD bn in 2023. This records a decrease from the previous number of 97.200 USD bn for 2022. AU: BOP: Current Account: Net Trade: Goods and Services data is updated yearly, averaging -4.713 USD bn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 97.200 USD bn in 2022 and a record low of -27.645 USD bn in 2015. AU: BOP: Current Account: Net Trade: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 83,935.057 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Net Trade: Goods and Services from 1989 to 2023 in the chart:
BOP: Current Account: Personal Remittances: Paid
AU: BOP: Current Account: Personal Remittances: Paid data was reported at 6.546 USD bn in 2022. This records an increase from the previous number of 3.810 USD bn for 2021. AU: BOP: Current Account: Personal Remittances: Paid data is updated yearly, averaging 728.178 USD mn from Dec 1970 (Median) to 2022, with 53 observations. The data reached an all-time high of 7.438 USD bn in 2019 and a record low of 66.080 USD mn in 1970. AU: BOP: Current Account: Personal Remittances: Paid data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.;World Bank staff estimates based on IMF balance of payments data.;Sum;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 6,545.837 2022 | yearly | 1970 - 2022 |
View Australia's BOP: Current Account: Personal Remittances: Paid from 1970 to 2022 in the chart:
BOP: Current Account: Personal Remittances: Received
AU: BOP: Current Account: Personal Remittances: Received data was reported at 1.727 USD bn in 2023. This records an increase from the previous number of 1.307 USD bn for 2022. AU: BOP: Current Account: Personal Remittances: Received data is updated yearly, averaging 982.576 USD mn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 2.485 USD bn in 1991 and a record low of 176.047 USD mn in 1971. AU: BOP: Current Account: Personal Remittances: Received data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.;World Bank staff estimates based on IMF balance of payments data.;Sum;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 1,726.716 2023 | yearly | 1970 - 2023 |
View Australia's BOP: Current Account: Personal Remittances: Received from 1970 to 2023 in the chart:
BOP: Current Account: Personal Remittances: Received: % of GDP
AU: BOP: Current Account: Personal Remittances: Received: % of GDP data was reported at 0.096 % in 2023. This records an increase from the previous number of 0.077 % for 2022. AU: BOP: Current Account: Personal Remittances: Received: % of GDP data is updated yearly, averaging 0.166 % from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 0.801 % in 1989 and a record low of 0.060 % in 2021. AU: BOP: Current Account: Personal Remittances: Received: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.;World Bank staff estimates based on IMF balance of payments data, and World Bank and OECD GDP estimates.;Weighted average;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 0.096 2023 | yearly | 1970 - 2023 |
View Australia's BOP: Current Account: Personal Remittances: Received: % of GDP from 1970 to 2023 in the chart:
Australia BOP: Current Account: Personal Transfers: Receipts
AU: BOP: Current Account: Personal Transfers: Receipts data was reported at 0.000 USD mn in 2016. AU: BOP: Current Account: Personal Transfers: Receipts data is updated yearly, averaging 0.000 USD mn from Dec 2016 (Median) to 2016, with 1 observations. The data reached an all-time high of 0.000 USD mn in 2016 and a record low of 0.000 USD mn in 2016. AU: BOP: Current Account: Personal Transfers: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 0.00 2016 | yearly | 2016 - 2016 |
View Australia's Australia BOP: Current Account: Personal Transfers: Receipts from 2016 to 2016 in the chart:
BOP: Current Account: Primary Income: Net
AU: BOP: Current Account: Primary Income: Net data was reported at -61.232 USD bn in 2023. This records an increase from the previous number of -77.746 USD bn for 2022. AU: BOP: Current Account: Primary Income: Net data is updated yearly, averaging -28.098 USD bn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of -8.267 USD bn in 1993 and a record low of -77.746 USD bn in 2022. AU: BOP: Current Account: Primary Income: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Net primary income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| -61,231.687 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Primary Income: Net from 1989 to 2023 in the chart:
BOP: Current Account: Primary Income: Payments
AU: BOP: Current Account: Primary Income: Payments data was reported at 124.638 USD bn in 2023. This records a decrease from the previous number of 140.722 USD bn for 2022. AU: BOP: Current Account: Primary Income: Payments data is updated yearly, averaging 58.396 USD bn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 140.722 USD bn in 2022 and a record low of 12.476 USD bn in 1993. AU: BOP: Current Account: Primary Income: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 124,638.102 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Primary Income: Payments from 1989 to 2023 in the chart:
BOP: Current Account: Primary Income: Receipts
AU: BOP: Current Account: Primary Income: Receipts data was reported at 63.383 USD bn in 2023. This records an increase from the previous number of 62.961 USD bn for 2022. AU: BOP: Current Account: Primary Income: Receipts data is updated yearly, averaging 26.102 USD bn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 63.383 USD bn in 2023 and a record low of 3.702 USD bn in 1991. AU: BOP: Current Account: Primary Income: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 63,382.749 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Primary Income: Receipts from 1989 to 2023 in the chart:
BOP: Current Account: Secondary Income: Net
AU: BOP: Current Account: Secondary Income: Net data was reported at -1.320 USD bn in 2023. This records an increase from the previous number of -1.712 USD bn for 2022. AU: BOP: Current Account: Secondary Income: Net data is updated yearly, averaging -431.618 USD mn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 792.887 USD mn in 1990 and a record low of -3.556 USD bn in 2014. AU: BOP: Current Account: Secondary Income: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| -1,319.577 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Secondary Income: Net from 1989 to 2023 in the chart:
BOP: Current Account: Secondary Income: Other Sectors: Payments
AU: BOP: Current Account: Secondary Income: Other Sectors: Payments data was reported at 6.394 USD bn in 2023. This records an increase from the previous number of 6.306 USD bn for 2022. AU: BOP: Current Account: Secondary Income: Other Sectors: Payments data is updated yearly, averaging 3.340 USD bn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 6.394 USD bn in 2023 and a record low of 921.537 USD mn in 1989. AU: BOP: Current Account: Secondary Income: Other Sectors: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 6,393.737 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Secondary Income: Other Sectors: Payments from 1989 to 2023 in the chart:
BOP: Current Account: Secondary Income: Receipts
AU: BOP: Current Account: Secondary Income: Receipts data was reported at 8.564 USD bn in 2023. This records an increase from the previous number of 8.194 USD bn for 2022. AU: BOP: Current Account: Secondary Income: Receipts data is updated yearly, averaging 4.437 USD bn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 8.564 USD bn in 2023 and a record low of 2.298 USD bn in 1989. AU: BOP: Current Account: Secondary Income: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;Sum;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 8,563.650 2023 | yearly | 1989 - 2023 |
View Australia's BOP: Current Account: Secondary Income: Receipts from 1989 to 2023 in the chart:
BOP: Current Account: Trade in Services: % of GDP
AU: BOP: Current Account: Trade in Services: % of GDP data was reported at 9.590 % in 2023. This records an increase from the previous number of 7.195 % for 2022. AU: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 9.320 % from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 10.498 % in 2007 and a record low of 5.539 % in 2021. AU: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 9.590 2023 | yearly | 1989 - 2023 |