Secondary income balance (credit less debit), Net (credits less) in Australia
Australia: Secondary income balance (credit less debit), Net (credits less) was -178.22 million in 2024. ◆ Volatile
Secondary income balance (credit less debit), Net (credits less) in Australia, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income balance (credit less debit), net (credits less) in Australia stood at -178.22 million. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 76.9% on the previous year and up 95.0% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Australia peaked at -178.22 million in 2024 and was at its lowest, -3.56 billion, in 2014.
Australia ranks 149th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income balance (credit less debit), Net (credits less) in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -431.62 million | — |
| 2006 | -843.12 million | +95.3% |
| 2007 | -409.75 million | -51.4% |
| 2008 | -778.74 million | +90.1% |
| 2009 | -1.25 billion | +60.2% |
| 2010 | -2.19 billion | +75.7% |
| 2011 | -3.31 billion | +50.9% |
| 2012 | -3.27 billion | -1.2% |
| 2013 | -2.81 billion | -14.0% |
| 2014 | -3.56 billion | +26.5% |
| 2015 | -1.17 billion | -67.1% |
| 2016 | -577.42 million | -50.6% |
| 2017 | -1.05 billion | +82.1% |
| 2018 | -532.34 million | -49.4% |
| 2019 | -460.55 million | -13.5% |
| 2020 | -1.44 billion | +212.4% |
| 2021 | -2.57 billion | +78.6% |
| 2022 | -1.45 billion | -43.6% |
| 2023 | -772.81 million | -46.7% |
| 2024 | -178.22 million | -76.9% |
Australia compared with similar countries
- Australia's -178.22 million is above the median for high income countries, which is -347.77 million, 51% of the median. (72 countries reporting)
- Australia's -178.22 million is below the median for East Asia & Pacific, which is 146.26 million. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -742.15 million | -1.25 billion | -409.75 million | 5 |
| 2010s | -1.89 billion | -3.56 billion | -460.55 million | 10 |
| 2020s | -1.28 billion | -2.57 billion | -178.22 million | 5 |
Countries ranked near Australia
- 146 Sint Maarten (Dutch part) -82.98 million compare
- 147 Gabon -95.37 million compare
- 148 Antigua and Barbuda -103.09 million compare
- 150 Panama -178.73 million compare
- 151 Bermuda -190.41 million compare
- 152 Cayman Islands -198.66 million compare
More financial sector data for Australia
- Reserve position in the IMF, US dollar, annual growth rate 11.9 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 83.74 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 6.56 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 61.14 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 11.9 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 83.74 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 6.56 % change on previous year (2025)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in Australia?
- Secondary income balance (credit less debit), net (credits less) in Australia was -178.22 million in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Australia?
- The highest recorded value was -178.22 million in 2024.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Australia?
- The lowest recorded value was -3.56 billion in 2014.
- How does Australia rank for secondary income balance (credit less debit), net (credits less)?
- Australia ranks 149th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Australia?
- Over the last ten years it is up 95.0%. 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 Secondary 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.