Economic Outlook No 117 — Current account balance, residual item in Australia
Australia: Economic Outlook No 117 — Current account balance, residual item was 0 in 2026. ◆ Volatile
Economic Outlook No 117 — Current account balance, residual item in Australia, 1960–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
Australia recorded 0 for economic outlook no 117 — current account balance, residual item in 2026.
That represents a change of up 100.0% over ten years.
Over the whole period, economic outlook no 117 — current account balance, residual item in Australia peaked at 0.0007 in 2003 and was at its lowest, -0.0006, in 2020.
That places Australia 9th out of 34 countries with data for 2026, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — Current account balance, residual item in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0 | — |
| 1961 | 0 | -12.8% |
| 1962 | -0 | -437.3% |
| 1963 | 0 | -130.4% |
| 1964 | -0 | -104.5% |
| 1965 | -0 | +2048.9% |
| 1966 | 0 | -127.3% |
| 1967 | -0 | -246.3% |
| 1968 | -0 | +173.4% |
| 1969 | -0 | +293.9% |
| 1970 | -0 | -70.9% |
| 1971 | 0 | -187.2% |
| 1972 | -0 | -509.8% |
| 1973 | -0 | -97.0% |
| 1974 | 0 | -1140.3% |
| 1975 | -0 | -581.1% |
| 1976 | -0 | +96.8% |
| 1977 | 0 | -187.4% |
| 1978 | -0 | -102.8% |
| 1979 | 0 | -3751.6% |
| 1980 | 0 | -4.1% |
| 1981 | 0 | -85.7% |
| 1982 | -0 | -140.1% |
| 1983 | 0.0001 | -3763.0% |
| 1984 | -0 | -139.5% |
| 1985 | 0 | -226.4% |
| 1986 | 0 | -94.5% |
| 1987 | -0 | -2000.8% |
| 1988 | 0 | -124.6% |
| 1989 | 0 | -100.0% |
| 1990 | 0 | +1462806.7% |
| 1991 | 0 | -74.0% |
| 1992 | 0 | +684.4% |
| 1993 | -0.0002 | -413.7% |
| 1994 | -0 | -83.1% |
| 1995 | 0.0003 | -1348.2% |
| 1996 | 0.0001 | -77.4% |
| 1997 | 0.0002 | +165.8% |
| 1998 | -0.0003 | -240.1% |
| 1999 | -0.0004 | +58.7% |
| 2000 | 0 | -102.9% |
| 2001 | -0.0006 | -4614.3% |
| 2002 | -0.0002 | -56.2% |
| 2003 | 0.0007 | -387.9% |
| 2004 | 0 | -99.5% |
| 2005 | -0.0003 | -6832.4% |
| 2006 | -0 | -97.0% |
| 2007 | -0 | +150.1% |
| 2008 | -0 | -49.9% |
| 2009 | 0.0003 | -3216.4% |
| 2010 | 0 | -92.9% |
| 2011 | 0.0002 | +1063.2% |
| 2012 | 0 | -97.7% |
| 2013 | -0.0005 | -8319.0% |
| 2014 | 0.0002 | -148.8% |
| 2015 | 0.0005 | +113.3% |
| 2016 | -0.0005 | -200.8% |
| 2017 | -0.0006 | +15.5% |
| 2018 | 0.0003 | -150.3% |
| 2019 | -0.0005 | -292.0% |
| 2020 | -0.0006 | +14.2% |
| 2021 | -0.0003 | -59.9% |
| 2022 | 0.0002 | -162.1% |
| 2023 | 0.0005 | +219.7% |
| 2024 | 0.0005 | -3.8% |
| 2025 | 0 | -100.0% |
| 2026 | 0 | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -0 | -0 | 0 | 10 |
| 1970s | -0 | -0 | 0 | 10 |
| 1980s | 0 | -0 | 0.0001 | 10 |
| 1990s | -0 | -0.0004 | 0.0003 | 10 |
| 2000s | -0 | -0.0006 | 0.0007 | 10 |
| 2010s | -0.0001 | -0.0006 | 0.0005 | 10 |
| 2020s | 0 | -0.0006 | 0.0005 | 7 |
Countries ranked near Australia
- 6 Portugal 1.04 billion compare
- 7 Ireland 1.00 billion compare
- 7 Italy 1.00 billion compare
- 8 Türkiye -28.79 billion compare
- 9 United States of America 0 compare
- 9 Romania 0 compare
- 9 Bulgaria 0 compare
- 9 United Kingdom of Great Britain and Northern Ireland 0
- 9 Austria 0 compare
- 9 Canada 0 compare
- 9 Chile 0 compare
- 9 Denmark 0 compare
- 9 Hungary 0 compare
- 9 Iceland 0 compare
- 9 Japan 0 compare
- 9 Sweden 0 compare
- 9 Belgium 0 compare
- 9 Finland 0 compare
- 9 France 0 compare
- 9 Germany 0 compare
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)
- Gross capital formation (current US$), annual growth rate 2.94 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2446 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 15,931 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 4.28 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.3779 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 24,616 current LCU per person (2025)
- Imports of goods and services (current US$), annual growth rate 2.97 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.2266 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is economic outlook no 117 — current account balance, residual item in Australia?
- Economic outlook no 117 — current account balance, residual item in Australia was 0 in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — current account balance, residual item recorded in Australia?
- The highest recorded value was 0.0007 in 2003.
- What is the lowest economic outlook no 117 — current account balance, residual item recorded in Australia?
- The lowest recorded value was -0.0006 in 2020.
- How does Australia rank for economic outlook no 117 — current account balance, residual item?
- Australia ranks 9th out of 34 countries with data for 2026.
- Is economic outlook no 117 — current account balance, residual item rising or falling in Australia?
- Over the last ten years it is up 100.0%. 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 No 117 — Current account balance, residual item. Statizoid updates them automatically from the source API.
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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 (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 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