Australia vs India: Current account balance (credit less debit), Percent of GDP
Australia
-2.41
in 2031
India
-1.95
in 2031
Australia rank
20th
India rank
19th
Current account balance (credit less debit), Percent of GDP over time
- Australia
- India
How they compare
India currently reports -1.95 against -2.41 in Australia, a difference of 0.46.
The two have swapped places 4 times across 52 shared years of data; in 1980 it was India ahead.
Australia ranks 20th and India ranks 19th of 26 countries.
Across the 6 decades both report, Australia averaged higher in 1 and India in 5.
Head to head by decade
| Decade | Australia | India | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -4.09 | -1.75 | 2.33 | India |
| 1990s | -4.07 | -1.27 | 2.81 | India |
| 2000s | -4.97 | -0.5378 | 4.43 | India |
| 2010s | -3.13 | -2.16 | 0.9638 | India |
| 2020s | -1.03 | -1.13 | 0.0959 | Australia |
| 2030s | -2.39 | -1.81 | 0.5859 | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance (credit less debit), percent of gdp, Australia or India?
- India, at -1.95 against -2.41 in Australia as of 2031.
- What is the difference in current account balance (credit less debit), percent of gdp between Australia and India?
- 0.46, with India ahead.
- How many years of comparable data are there for Australia and India?
- 52 years are reported by both, from 1980 to 2031.
- How do Australia and India rank globally for current account balance (credit less debit), percent of gdp?
- Australia ranks 20th and India ranks 19th of 26 countries.
- Where does this data come from?
- International Monetary Fund, published as Current account balance (credit less debit), Percent of GDP (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.