Australia vs United Kingdom: Economic Outlook No 116 — Current account balance

Australia
-69.02 billion
in 2026
United Kingdom
-77.76 billion
in 2026
Australia rank
25th
United Kingdom rank
26th

Economic Outlook No 116 — Current account balance over time

  • Australia
  • United Kingdom
-100.0B-50.0B050.0B196019932026

How they compare

Australia currently reports -69.02 billion against -77.76 billion in United Kingdom, a difference of 8.73 billion.

The two have swapped places 11 times across 67 shared years of data; in 1960 it was United Kingdom ahead.

Australia ranks 25th and United Kingdom ranks 26th of 36 countries.

Across the 7 decades both report, Australia averaged higher in 2 and United Kingdom in 5.

Head to head by decade

Decade Australia United Kingdom Difference Ahead
1960s -497.20 million -3.70 million 493.50 million United Kingdom
1970s -1.14 billion -577.60 million 567.20 million United Kingdom
1980s -10.73 billion -4.24 billion 6.48 billion United Kingdom
1990s -20.96 billion -7.75 billion 13.21 billion United Kingdom
2000s -48.87 billion -35.79 billion 13.07 billion United Kingdom
2010s -47.76 billion -72.23 billion 24.47 billion Australia
2020s -5.97 billion -58.98 billion 53.01 billion Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher economic outlook no 116 — current account balance, Australia or United Kingdom?
Australia, at -69.02 billion against -77.76 billion in United Kingdom as of 2026.
What is the difference in economic outlook no 116 — current account balance between Australia and United Kingdom?
8.73 billion, with Australia ahead.
How many years of comparable data are there for Australia and United Kingdom?
67 years are reported by both, from 1960 to 2026.
How do Australia and United Kingdom rank globally for economic outlook no 116 — current account balance?
Australia ranks 25th and United Kingdom ranks 26th of 36 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Economic Outlook No 116 — Current account balance. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs United Kingdom: Economic Outlook No 116 — Current account balance. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 08 November 2026, from https://economy.statizoid.com/compare/economic-outlook-no-116-current-account-balance/australia/united-kingdom/

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About this data

Indicator
Economic Outlook No 116 — Current account balance
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
49 places, 2,123 data points, 1960–2026
Last refreshed

The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 116 (Edition 2024/2) EO116 Database documentation EO116 Last historical points OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org