Current account balance (credit less debit), US dollar in Australia
Australia: Current account balance (credit less debit), US dollar was -62.52 billion in 2031. ◆ Volatile
Current account balance (credit less debit), US dollar in Australia, 1980–2031
Source: International Monetary Fund.
Analysis
Australia recorded -62.52 billion for current account balance (credit less debit), us dollar in 2031.
The figure is down 6.2% on the previous year and down 265.1% over ten years.
Over the whole period, current account balance (credit less debit), us dollar in Australia peaked at 37.87 billion in 2021 and was at its lowest, -68.58 billion, in 2012.
Australia ranks 24th of 26 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), US dollar in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | -3.86 billion | — |
| 1981 | -7.64 billion | +98.2% |
| 1982 | -7.68 billion | +0.5% |
| 1983 | -5.65 billion | -26.5% |
| 1984 | -8.17 billion | +44.7% |
| 1985 | -8.48 billion | +3.7% |
| 1986 | -9.16 billion | +8.1% |
| 1987 | -7.22 billion | -21.2% |
| 1988 | -10.39 billion | +43.9% |
| 1989 | -18.46 billion | +77.7% |
| 1990 | -15.78 billion | -14.5% |
| 1991 | -10.69 billion | -32.2% |
| 1992 | -10.47 billion | -2.1% |
| 1993 | -9.41 billion | -10.1% |
| 1994 | -15.90 billion | +68.9% |
| 1995 | -18.83 billion | +18.4% |
| 1996 | -14.88 billion | -21.0% |
| 1997 | -12.48 billion | -16.1% |
| 1998 | -18.72 billion | +50.0% |
| 1999 | -22.57 billion | +20.6% |
| 2000 | -16.20 billion | -28.2% |
| 2001 | -8.52 billion | -47.4% |
| 2002 | -16.20 billion | +90.1% |
| 2003 | -28.86 billion | +78.2% |
| 2004 | -41.62 billion | +44.2% |
| 2005 | -43.92 billion | +5.5% |
| 2006 | -46.14 billion | +5.1% |
| 2007 | -64.23 billion | +39.2% |
| 2008 | -51.41 billion | -20.0% |
| 2009 | -45.30 billion | -11.9% |
| 2010 | -46.47 billion | +2.6% |
| 2011 | -45.32 billion | -2.5% |
| 2012 | -68.58 billion | +51.3% |
| 2013 | -51.68 billion | -24.7% |
| 2014 | -45.14 billion | -12.6% |
| 2015 | -58.34 billion | +29.2% |
| 2016 | -43.79 billion | -24.9% |
| 2017 | -39.60 billion | -9.6% |
| 2018 | -37.36 billion | -5.7% |
| 2019 | -1.81 billion | -95.2% |
| 2020 | 21.34 billion | -1280.8% |
| 2021 | 37.87 billion | +77.4% |
| 2022 | 5.20 billion | -86.3% |
| 2023 | -7.28 billion | -239.9% |
| 2024 | -40.39 billion | +454.7% |
| 2025 | -48.39 billion | +19.8% |
| 2026 | -49.12 billion | +1.5% |
| 2027 | -49.60 billion | +1.0% |
| 2028 | -53.09 billion | +7.0% |
| 2029 | -55.22 billion | +4.0% |
| 2030 | -58.90 billion | +6.6% |
| 2031 | -62.52 billion | +6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -8.67 billion | -18.46 billion | -3.86 billion | 10 |
| 1990s | -14.97 billion | -22.57 billion | -9.41 billion | 10 |
| 2000s | -36.24 billion | -64.23 billion | -8.52 billion | 10 |
| 2010s | -43.81 billion | -68.58 billion | -1.81 billion | 10 |
| 2020s | -23.87 billion | -55.22 billion | 37.87 billion | 10 |
| 2030s | -60.71 billion | -62.52 billion | -58.90 billion | 2 |
Countries ranked near Australia
More financial sector data for Australia
- Net domestic credit (current LCU), per capita 215,929 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 3.32 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 3.66 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 84.28 million SDR (2025)
- Gold reserves at market value 7.68 billion SDR (2025)
- Reserves excluding gold, foreign exchange 32.83 billion SDR (2025)
- Reserves excluding gold 45.36 billion SDR (2025)
- Total reserves (gold at market value) 53.04 billion SDR (2025)
- Total reserves (gold at national valuation) 53.03 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,921 SDR per person (2025)
Frequently asked questions
- What is current account balance (credit less debit), us dollar in Australia?
- Current account balance (credit less debit), us dollar in Australia was -62.52 billion in 2031, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), us dollar recorded in Australia?
- The highest recorded value was 37.87 billion in 2021.
- What is the lowest current account balance (credit less debit), us dollar recorded in Australia?
- The lowest recorded value was -68.58 billion in 2012.
- How does Australia rank for current account balance (credit less debit), us dollar?
- Australia ranks 24th out of 26 countries with data for 2031.
- Is current account balance (credit less debit), us dollar rising or falling in Australia?
- Over the last ten years it is down 265.1%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), US dollar (9/26/2025). Statizoid updates them automatically from the source API.
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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.