Australia vs Italy: External balance on goods and services
External balance on goods and services over time
- Australia
- Italy
How they compare
Italy currently reports 43.60 billion current LCU against 16.32 billion current LCU in Australia, a difference of 27.27 billion current LCU.
That makes Italy's figure about 2.7 times Australia's.
The two have swapped places 12 times across 56 shared years of data; in 1970 it was Italy ahead.
Australia ranks 49th and Italy ranks 47th of 192 countries.
Across the 6 decades both report, Australia averaged higher in 1 and Italy in 5.
Head to head by decade
| Decade | Australia | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -137.10 million current LCU | 201.87 million current LCU | 338.97 million current LCU | Italy |
| 1980s | -4.10 billion current LCU | -762.21 million current LCU | 3.34 billion current LCU | Italy |
| 1990s | -4.20 billion current LCU | 23.93 billion current LCU | 28.13 billion current LCU | Italy |
| 2000s | -14.16 billion current LCU | 1.12 billion current LCU | 15.28 billion current LCU | Italy |
| 2010s | -4.25 billion current LCU | 29.73 billion current LCU | 33.98 billion current LCU | Italy |
| 2020s | 75.61 billion current LCU | 30.44 billion current LCU | 45.18 billion current LCU | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Australia or Italy?
- Italy, at 43.60 billion current LCU against 16.32 billion current LCU in Australia as of 2025.
- What is the difference in external balance on goods and services between Australia and Italy?
- 27.27 billion current LCU, with Italy ahead.
- How many years of comparable data are there for Australia and Italy?
- 56 years are reported by both, from 1970 to 2025.
- How do Australia and Italy rank globally for external balance on goods and services?
- Australia ranks 49th and Italy ranks 47th of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.