Primary income balance (credit less debit), Net (credits less debits) in Australia
Australia: Primary income balance (credit less debit), Net (credits less debits) was -53.71 billion in 2024. ▼ Falling
Primary income balance (credit less debit), Net (credits less debits) in Australia, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for primary income balance (credit less debit), net (credits less debits) in Australia is -53.71 billion, measured in 2024.
That represents a change of up 14.2% on the previous year and down 63.3% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Australia peaked at -16.70 billion in 2020 and was at its lowest, -78.21 billion, in 2022.
That places Australia 193rd out of 197 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Primary income balance (credit less debit), Net (credits less debits) in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -28.10 billion | — |
| 2006 | -32.71 billion | +16.4% |
| 2007 | -41.39 billion | +26.6% |
| 2008 | -38.37 billion | -7.3% |
| 2009 | -38.59 billion | +0.6% |
| 2010 | -49.86 billion | +29.2% |
| 2011 | -55.47 billion | +11.3% |
| 2012 | -41.49 billion | -25.2% |
| 2013 | -39.06 billion | -5.9% |
| 2014 | -32.89 billion | -15.8% |
| 2015 | -28.33 billion | -13.9% |
| 2016 | -30.15 billion | +6.4% |
| 2017 | -41.86 billion | +38.8% |
| 2018 | -47.04 billion | +12.4% |
| 2019 | -41.13 billion | -12.6% |
| 2020 | -16.70 billion | -59.4% |
| 2021 | -38.39 billion | +129.8% |
| 2022 | -78.21 billion | +103.7% |
| 2023 | -62.58 billion | -20.0% |
| 2024 | -53.71 billion | -14.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -35.83 billion | -41.39 billion | -28.10 billion | 5 |
| 2010s | -40.73 billion | -55.47 billion | -28.33 billion | 10 |
| 2020s | -49.92 billion | -78.21 billion | -16.70 billion | 5 |
Countries ranked near Australia
More financial sector data for Australia
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 8.19 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0183 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,189 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 8.62 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,642 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 14.51 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,921 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 14.5 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,921 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 17.18 % change on previous year (2025)
Frequently asked questions
- What is primary income balance (credit less debit), net (credits less debits) in Australia?
- Primary income balance (credit less debit), net (credits less debits) in Australia was -53.71 billion in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Australia?
- The highest recorded value was -16.70 billion in 2020.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Australia?
- The lowest recorded value was -78.21 billion in 2022.
- How does Australia rank for primary income balance (credit less debit), net (credits less debits)?
- Australia ranks 193rd out of 197 countries with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Australia?
- Over the last ten years it is down 63.3%. The long-run trend across the full record is falling.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Primary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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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.