Australia vs United Kingdom of Great Britain and Northern Ireland: Current account balance as a share of GDP
Australia
-2.0%
in 2024
United Kingdom of Great Britain and Northern Ireland
-2.2%
in 2024
Australia rank
113th
United Kingdom of Great Britain and Northern Ireland rank
115th
Current account balance as a share of GDP over time
- Australia
- United Kingdom of Great Britain and Northern Ireland
How they compare
Australia currently reports -2.0% against -2.2% in United Kingdom of Great Britain and Northern Ireland, a difference of 0.2%.
The two have swapped places 1 time across 25 shared years of data; in 2000 it was United Kingdom of Great Britain and Northern Ireland ahead.
Australia ranks 113th and United Kingdom of Great Britain and Northern Ireland ranks 115th of 193 countries.
Across the 3 decades both report, Australia averaged higher in 2 and United Kingdom of Great Britain and Northern Ireland in 1.
Head to head by decade
| Decade | Australia | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -5.3% | -2.5% | 2.8% | United Kingdom of Great Britain and Northern Ireland |
| 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 share of gdp, Australia or United Kingdom of Great Britain and Northern Ireland?
- Australia, at -2.0% against -2.2% in United Kingdom of Great Britain and Northern Ireland as of 2024.
- What is the difference in current account balance as a share of gdp between Australia and United Kingdom of Great Britain and Northern Ireland?
- 0.2%, with Australia ahead.
- How many years of comparable data are there for Australia and United Kingdom of Great Britain and Northern Ireland?
- 25 years are reported by both, from 2000 to 2024.
- How do Australia and United Kingdom of Great Britain and Northern Ireland rank globally for current account balance as a share of gdp?
- Australia ranks 113th and United Kingdom of Great Britain and Northern Ireland ranks 115th of 193 countries.
- Where does this data come from?
- International Monetary Fund – processed by Our World in Data, published as Current account balance as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Current account balance as a proportion of GDP (%).