Australia BoP: Current Account
1989 - 2023 | Yearly | USD mn | International Monetary Fund
Australia BoP: Current Account data was reported at 4.402 USD bn in 2023. This records a decrease from the previous number of 14.293 USD bn for 2022. Australia BoP: Current Account 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 48.838 USD bn in 2021 and a record low of -68.559 USD bn in 2012. Australia BoP: Current Account data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Australia – Table AU.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.
View Australia's Australia BoP: Current Account from 1989 to 2023 in the chart:
What was Australia's Australia BoP: Current Account in 2023?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4,402.006 2023 | 14,293.229 2022 | -68,558.660 2012 | 48,838.047 2021 | USD mn | yearly | 1989 - 2023 |
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| National Accounts | Last | Frequency | Range |
|---|---|---|---|
| Forecast: GDP PPP Per Capita (PPP Intl $) | 75,508.049 2028 | yearly | 1980 - 2028 |
| Forecast: Nominal GDP Per Capita (USD) | 75,393.910 2027 | yearly | 1980 - 2027 |
| Forecast: Real GDP Growth (%) | 2.279 2027 | yearly | 1980 - 2027 |
| GDP Deflator Growth (%) | 9.1 Dec 2022 | quarterly | Sep 1960 - Dec 2022 |
| GDP per Capita (USD) | 65,005.795 2022 | yearly | 1960 - 2022 |
| Gross Fixed Capital Formation (USD mn) | 112,464.982 Sep 2024 | quarterly | Sep 1959 - Sep 2024 |
| Gross National Product (GNP) (USD mn) | 445,781.657 Sep 2024 | quarterly | Sep 1959 - Sep 2024 |
| Gross Savings Rate (%) | 29.6 Dec 2022 | quarterly | Sep 1959 - Dec 2022 |
| Investment: % of GDP (%) | 24.2 Sep 2024 | quarterly | Sep 1959 - Sep 2024 |
| Nominal GDP (USD mn) | 440,146.9 Mar 2023 | quarterly | Sep 1959 - Mar 2023 |
| Nominal GDP Growth (%) | 3.547 Sep 2024 | quarterly | Sep 1960 - Sep 2024 |
| Private Consumption Expenditure (USD mn) | 234,691.816 Sep 2024 | quarterly | Sep 1959 - Sep 2024 |
| Private Consumption: % of GDP (%) | 51.8 Sep 2024 | quarterly | Sep 1959 - Sep 2024 |
| Public Consumption Expenditure (USD mn) | 104,894.689 Sep 2024 | quarterly | Sep 1959 - Sep 2024 |
| Public Consumption: % of GDP (%) | 20.4 Dec 2022 | quarterly | Sep 1959 - Dec 2022 |
| Real GDP Growth (%) | 2.7 Dec 2022 | quarterly | Sep 1960 - Dec 2022 |
| Total Trade of Goods & Services: % of Nominal GDP (%) | 46.221 Sep 2024 | quarterly | Sep 1959 - Sep 2024 |
| Production | Last | Frequency | Range |
|---|---|---|---|
| Gold Production (kg) | 310,000.000 2023 | yearly | 1990 - 2023 |
| Industrial Production Index Growth (%) | 0.0 Sep 2024 | quarterly | Sep 1975 - Sep 2024 |
| Minerals Production (Metric Ton) | 1,321,311,762.000 2022 | yearly | 2009 - 2022 |
| Motor Vehicle Production (Unit) | 7,141.000 2023 | yearly | 1997 - 2023 |
| Silver Production (Metric Ton) | 1,200.000 2023 | yearly | 1986 - 2023 |
| Fertilizer Consumption (%) | 285.140 2020 | yearly | 1961 - 2020 |
| Agricultural Land (sq km) | 3,557,750.000 2020 | yearly | 1961 - 2020 |
| Aquaculture Production (Metric Ton) | 125,230.520 2022 | yearly | 1960 - 2022 |
| Construction and Properties | Last | Frequency | Range |
|---|---|---|---|
| House Prices Growth (%) | 6.6 Sep 2024 | quarterly | Sep 2004 - Sep 2024 |
| Nominal Residential Property Price Index (2010=100) | 191.679 Jun 2024 | quarterly | Mar 1970 - Jun 2024 |
| Nominal Residential Property Price Index Growth (%) | 8.599 Jun 2024 | quarterly | Mar 1971 - Jun 2024 |
| Real Residential Property Price Index (2010=100) | 132.712 Jun 2024 | quarterly | Mar 1970 - Jun 2024 |
| Real Residential Property Price Index Growth (%) | 4.608 Jun 2024 | quarterly | Mar 1971 - Jun 2024 |
| Building Permits (Unit) | 23,774.000 Oct 2024 | monthly | Jul 2001 - Oct 2024 |
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.1 Sep 2024 | quarterly | Jun 2003 - Sep 2024 |
| Forecast: Government Expenditure (AUD bn) | 1,268.078 2029 | yearly | 1988 - 2029 |
| Forecast: Government Net Debt (AUD bn) | 1,568.589 2029 | yearly | 1989 - 2029 |
| Forecast: Government Revenue (AUD bn) | 1,234.249 2029 | yearly | 1988 - 2029 |
| Government Debt: % of GDP (%) | 38.0 2023 | yearly | 1999 - 2023 |
| National Government Debt (USD mn) | 650,929.8 2023 | yearly | 1999 - 2023 |
| Tax Revenue (USD mn) | 125,735.607 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | -20,262.041 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Tax Revenue: % of GDP (%) | 27.7 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Demographic and Labour Market | Last | Frequency | Range |
|---|---|---|---|
| Employed Persons (Person) | 14,537,523.378 Oct 2024 | monthly | Feb 1978 - Oct 2024 |
| Forecast: Employment (Person mn) | 13.897 2024 | yearly | 1980 - 2024 |
| Forecast: Population (Person mn) | 29.054 2029 | yearly | 1980 - 2029 |
| Forecast: Unemployment Rate (%) | 4.524 2029 | yearly | 1980 - 2029 |
| Labour Force Participation Rate (%) | 66.9 Oct 2024 | monthly | Feb 1978 - Oct 2024 |
| Labour Productivity Growth (%) | -1.74 Sep 2024 | quarterly | Jun 1979 - Sep 2024 |
| Monthly Earnings (USD) | 3,744 Nov 2023 | semiannually | May 2012 - Nov 2023 |
| Population (Person mn) | 27.0 2023 | yearly | 1950 - 2023 |
| Unemployment Rate (%) | 4.13 Oct 2024 | monthly | Feb 1978 - Oct 2024 |
| Life Expectancy at Birth (Year) | 83.200 2022 | yearly | 1960 - 2022 |
More Indicators for Australia
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Balance of Payments
Balance of Payments: Current Account
BPM6: Balance of Payment: Current Account: Goods
BPM6: Balance of Payment: Current Account: Services
BPM6: Balance of Payment: Summary
BPM6: Balance of Payments: Analytical Presentation: Annual
BPM6: Balance of Payments: Detailed Presentation: Annual
BPM6: External Debt: Assets and Liabilities: by Residual Maturity and Currency
BPM6: External Debt: Net
BPM6: International Investment Position: Annual
Balance of Payments: Capital and Financial Account
BPM5: Balance of Payment: Current Account: Goods
BPM6: Balance of Payment: Current Account: Income
BPM6: Balance of Payment: Financial Account
BPM6: Balance of Payments: Analytical Presentation
BPM6: Balance of Payments: Detailed Presentation
BPM6: External Debt
BPM6: External Debt: Gross
BPM6: International Investment Position
Current Account as % of GDP