Australia vs India: Current account balance (credit less debit), Net (credits less debits)
Australia
-34.76 billion
in 2024
India
-32.15 billion
in 2024
Australia rank
195th
India rank
194th
Current account balance (credit less debit), Net (credits less debits) over time
- Australia
- India
How they compare
India currently reports -32.15 billion against -34.76 billion in Australia, a difference of 2.61 billion.
The two have swapped places 6 times across 20 shared years of data; in 2005 it was India ahead.
Australia ranks 195th and India ranks 194th of 198 countries.
Across the 3 decades both report, Australia averaged higher in 2 and India in 1.
Head to head by decade
| Decade | Australia | India | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -50.89 billion | -16.96 billion | 33.93 billion | India |
| 2010s | -43.58 billion | -45.30 billion | 1.73 billion | Australia |
| 2020s | 6.68 billion | -28.77 billion | 35.45 billion | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance (credit less debit), net (credits less debits), Australia or India?
- India, at -32.15 billion against -34.76 billion in Australia as of 2024.
- What is the difference in current account balance (credit less debit), net (credits less debits) between Australia and India?
- 2.61 billion, with India ahead.
- How many years of comparable data are there for Australia and India?
- 20 years are reported by both, from 2005 to 2024.
- How do Australia and India rank globally for current account balance (credit less debit), net (credits less debits)?
- Australia ranks 195th and India ranks 194th of 198 countries.
- Where does this data come from?
- International Monetary Fund, published as Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.