Economic Outlook 119 — Current account balance in USD in Australia
Australia: Economic Outlook 119 — Current account balance in USD was -67.53 billion in 2027. ◆ Volatile
Economic Outlook 119 — Current account balance in USD in Australia, 1960–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
Australia recorded -67.53 billion for economic outlook 119 — current account balance in usd in 2027.
Compared with earlier readings it is down 10.1% on the previous year and down 69.5% over ten years.
Over the whole period, economic outlook 119 — current account balance in usd in Australia peaked at 38.05 billion in 2021 and was at its lowest, -68.72 billion, in 2012.
That places Australia 38th out of 41 countries with data for 2027, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook 119 — Current account balance in USD in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | -721.79 million | — |
| 1961 | -34.13 million | -95.3% |
| 1962 | -185.61 million | +443.8% |
| 1963 | -32.47 million | -82.5% |
| 1964 | -304.10 million | +836.5% |
| 1965 | -963.25 million | +216.7% |
| 1966 | -567.74 million | -41.1% |
| 1967 | -786.42 million | +38.5% |
| 1968 | -1.21 billion | +53.9% |
| 1969 | -738.85 million | -38.9% |
| 1970 | -645.92 million | -12.6% |
| 1971 | -613.07 million | -5.1% |
| 1972 | 735.12 million | -219.9% |
| 1973 | 840.33 million | +14.3% |
| 1974 | -2.46 billion | -392.9% |
| 1975 | -710.11 million | -71.2% |
| 1976 | -1.51 billion | +113.3% |
| 1977 | -2.71 billion | +78.8% |
| 1978 | -4.15 billion | +53.2% |
| 1979 | -2.23 billion | -46.2% |
| 1980 | -3.92 billion | +75.9% |
| 1981 | -7.99 billion | +103.8% |
| 1982 | -7.83 billion | -2.1% |
| 1983 | -5.79 billion | -26.1% |
| 1984 | -8.30 billion | +43.4% |
| 1985 | -8.64 billion | +4.1% |
| 1986 | -9.27 billion | +7.3% |
| 1987 | -7.30 billion | -21.2% |
| 1988 | -10.61 billion | +45.3% |
| 1989 | -18.48 billion | +74.2% |
| 1990 | -15.64 billion | -15.4% |
| 1991 | -10.69 billion | -31.6% |
| 1992 | -10.42 billion | -2.5% |
| 1993 | -9.47 billion | -9.2% |
| 1994 | -16.15 billion | +70.6% |
| 1995 | -18.90 billion | +17.0% |
| 1996 | -14.73 billion | -22.0% |
| 1997 | -12.28 billion | -16.7% |
| 1998 | -18.70 billion | +52.3% |
| 1999 | -22.56 billion | +20.7% |
| 2000 | -16.23 billion | -28.0% |
| 2001 | -8.62 billion | -46.9% |
| 2002 | -16.40 billion | +90.4% |
| 2003 | -29.10 billion | +77.4% |
| 2004 | -41.72 billion | +43.4% |
| 2005 | -43.81 billion | +5.0% |
| 2006 | -46.26 billion | +5.6% |
| 2007 | -64.61 billion | +39.7% |
| 2008 | -51.51 billion | -20.3% |
| 2009 | -48.57 billion | -5.7% |
| 2010 | -45.96 billion | -5.4% |
| 2011 | -45.66 billion | -0.6% |
| 2012 | -68.72 billion | +50.5% |
| 2013 | -51.62 billion | -24.9% |
| 2014 | -45.42 billion | -12.0% |
| 2015 | -58.52 billion | +28.8% |
| 2016 | -43.55 billion | -25.6% |
| 2017 | -39.85 billion | -8.5% |
| 2018 | -37.36 billion | -6.2% |
| 2019 | -1.19 billion | -96.8% |
| 2020 | 22.12 billion | -1961.2% |
| 2021 | 38.05 billion | +72.0% |
| 2022 | 4.24 billion | -88.8% |
| 2023 | -7.59 billion | -279.0% |
| 2024 | -40.43 billion | +432.3% |
| 2025 | -48.17 billion | +19.2% |
| 2026 | -61.34 billion | +27.3% |
| 2027 | -67.53 billion | +10.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -554.46 million | -1.21 billion | -32.47 million | 10 |
| 1970s | -1.35 billion | -4.15 billion | 840.33 million | 10 |
| 1980s | -8.81 billion | -18.48 billion | -3.92 billion | 10 |
| 1990s | -14.95 billion | -22.56 billion | -9.47 billion | 10 |
| 2000s | -36.68 billion | -64.61 billion | -8.62 billion | 10 |
| 2010s | -43.79 billion | -68.72 billion | -1.19 billion | 10 |
| 2020s | -20.08 billion | -67.53 billion | 38.05 billion | 8 |
Countries ranked near Australia
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Services, value added (current US$), annual growth rate 4.46 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6749 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 43,958 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.81 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 1.04 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 67,920 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.72 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.663 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is economic outlook 119 — current account balance in usd in Australia?
- Economic outlook 119 — current account balance in usd in Australia was -67.53 billion in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook 119 — current account balance in usd recorded in Australia?
- The highest recorded value was 38.05 billion in 2021.
- What is the lowest economic outlook 119 — current account balance in usd recorded in Australia?
- The lowest recorded value was -68.72 billion in 2012.
- How does Australia rank for economic outlook 119 — current account balance in usd?
- Australia ranks 38th out of 41 countries with data for 2027.
- Is economic outlook 119 — current account balance in usd rising or falling in Australia?
- Over the last ten years it is down 69.5%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook 119 — Current account balance in USD. Statizoid updates them automatically from the source API.
Download this data
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About this data
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 (2026), OECD Economic Outlook No 119 (Edition 2026/1) EO119 Database documentation EO119 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP