Services, Credit/Revenue in Australia
Australia: Services, Credit/Revenue was 84.09 billion in 2024. ▲ Rising
Services, Credit/Revenue in Australia, 2005–2024
Source: International Monetary Fund.
Analysis
Australia recorded 84.09 billion for services, credit/revenue in 2024. That is the highest value across all 20 years on record.
That represents a change of up 9.8% on the previous year and up 40.2% over ten years.
Over the whole period, services, credit/revenue in Australia peaked at 84.09 billion in 2024 and was at its lowest, 30.51 billion, in 2005.
Australia ranks 24th of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Credit/Revenue in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 30.51 billion | — |
| 2006 | 35.52 billion | +16.4% |
| 2007 | 43.98 billion | +23.8% |
| 2008 | 49.05 billion | +11.5% |
| 2009 | 45.01 billion | -8.2% |
| 2010 | 52.47 billion | +16.6% |
| 2011 | 58.52 billion | +11.5% |
| 2012 | 59.12 billion | +1.0% |
| 2013 | 58.73 billion | -0.7% |
| 2014 | 59.98 billion | +2.1% |
| 2015 | 55.36 billion | -7.7% |
| 2016 | 57.96 billion | +4.7% |
| 2017 | 65.07 billion | +12.3% |
| 2018 | 69.39 billion | +6.6% |
| 2019 | 70.87 billion | +2.1% |
| 2020 | 50.30 billion | -29.0% |
| 2021 | 45.92 billion | -8.7% |
| 2022 | 53.13 billion | +15.7% |
| 2023 | 76.57 billion | +44.1% |
| 2024 | 84.09 billion | +9.8% |
Australia compared with similar countries
- Australia's 84.09 billion is above the median for high income countries, which is 24.52 billion, 3.4× the median. (72 countries reporting)
- Australia's 84.09 billion is above the median for East Asia & Pacific, which is 1.60 billion, 52.4× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40.81 billion | 30.51 billion | 49.05 billion | 5 |
| 2010s | 60.75 billion | 52.47 billion | 70.87 billion | 10 |
| 2020s | 62.00 billion | 45.92 billion | 84.09 billion | 5 |
Countries ranked near Australia
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 services, credit/revenue in Australia?
- Services, credit/revenue in Australia was 84.09 billion in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Australia?
- The highest recorded value was 84.09 billion in 2024.
- What is the lowest services, credit/revenue recorded in Australia?
- The lowest recorded value was 30.51 billion in 2005.
- How does Australia rank for services, credit/revenue?
- Australia ranks 24th out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in Australia?
- Over the last ten years it is up 40.2%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Services, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.