Total current account credit/revenue, Credit/Revenue in Australia
Australia: Total current account credit/revenue, Credit/Revenue was 506.51 billion in 2024. ▲ Rising
Total current account credit/revenue, Credit/Revenue in Australia, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for total current account credit/revenue, credit/revenue in Australia is 506.51 billion, measured in 2024.
The figure is down 2.8% on the previous year and up 43.0% over ten years.
Over the whole period, total current account credit/revenue, credit/revenue in Australia peaked at 537.60 billion in 2022 and was at its lowest, 161.36 billion, in 2005.
That places Australia 22nd out of 197 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account credit/revenue, Credit/Revenue in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 161.36 billion | — |
| 2006 | 190.70 billion | +18.2% |
| 2007 | 229.62 billion | +20.4% |
| 2008 | 288.06 billion | +25.5% |
| 2009 | 235.36 billion | -18.3% |
| 2010 | 312.24 billion | +32.7% |
| 2011 | 385.18 billion | +23.4% |
| 2012 | 371.76 billion | -3.5% |
| 2013 | 365.81 billion | -1.6% |
| 2014 | 354.18 billion | -3.2% |
| 2015 | 289.42 billion | -18.3% |
| 2016 | 297.35 billion | +2.7% |
| 2017 | 347.19 billion | +16.8% |
| 2018 | 383.31 billion | +10.4% |
| 2019 | 397.50 billion | +3.7% |
| 2020 | 349.91 billion | -12.0% |
| 2021 | 448.51 billion | +28.2% |
| 2022 | 537.60 billion | +19.9% |
| 2023 | 521.34 billion | -3.0% |
| 2024 | 506.51 billion | -2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 221.02 billion | 161.36 billion | 288.06 billion | 5 |
| 2010s | 350.39 billion | 289.42 billion | 397.50 billion | 10 |
| 2020s | 472.77 billion | 349.91 billion | 537.60 billion | 5 |
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 total current account credit/revenue, credit/revenue in Australia?
- Total current account credit/revenue, credit/revenue in Australia was 506.51 billion in 2024, according to International Monetary Fund.
- What is the highest total current account credit/revenue, credit/revenue recorded in Australia?
- The highest recorded value was 537.60 billion in 2022.
- What is the lowest total current account credit/revenue, credit/revenue recorded in Australia?
- The lowest recorded value was 161.36 billion in 2005.
- How does Australia rank for total current account credit/revenue, credit/revenue?
- Australia ranks 22nd out of 197 countries with data for 2024.
- Is total current account credit/revenue, credit/revenue rising or falling in Australia?
- Over the last ten years it is up 43.0%. 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 Total current account credit/revenue, Credit/Revenue (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.