Australia vs United Kingdom: Current account balance as a proportion of GDP (%)
Australia
-2.0%
in 2024
United Kingdom
-2.2%
in 2024
Australia rank
119th
United Kingdom rank
121st
Current account balance as a proportion of GDP (%) over time
- Australia
- United Kingdom
How they compare
Australia currently reports -2.0% against -2.2% in United Kingdom, a difference of 0.2%.
The two have swapped places 1 time across 25 shared years of data; in 2000 it was United Kingdom ahead.
Australia ranks 119th and United Kingdom ranks 121st of 205 countries.
Across the 3 decades both report, Australia averaged higher in 2 and United Kingdom in 1.
Head to head by decade
| Decade | Australia | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -5.3% | -2.5% | 2.8% | United Kingdom |
| 2010s | -3.1% | -3.8% | 0.6% | Australia |
| 2020s | 0.5% | -2.3% | 2.8% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance as a proportion of gdp, Australia or United Kingdom?
- Australia, at -2.0% against -2.2% in United Kingdom as of 2024.
- What is the difference in current account balance as a proportion of gdp between Australia and United Kingdom?
- 0.2%, with Australia ahead.
- How many years of comparable data are there for Australia and United Kingdom?
- 25 years are reported by both, from 2000 to 2024.
- How do Australia and United Kingdom rank globally for current account balance as a proportion of gdp?
- Australia ranks 119th and United Kingdom ranks 121st of 205 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Current account balance as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.