External balance on goods and services (current US$) (US current) in Australia
Australia: External balance on goods and services (current US$) (US current) was 10.56 billion current US$ in 2025. ◆ Volatile
External balance on goods and services in Australia, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for external balance on goods and services in Australia is 10.56 billion current US$, measured in 2025.
That represents a change of down 71.3% on the previous year and up 151.0% over ten years.
Over the whole period, external balance on goods and services in Australia peaked at 88.65 billion current US$ in 2022 and was at its lowest, -29.16 billion current US$, in 2016.
That places Australia 35th out of 193 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current US$) (US current) in Australia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | -198.24 million current US$ | — |
| 1961 | -515.20 million current US$ | +159.9% |
| 1962 | 260.96 million current US$ | -150.7% |
| 1963 | -178.08 million current US$ | -168.2% |
| 1964 | 278.88 million current US$ | -256.6% |
| 1965 | -530.88 million current US$ | -290.4% |
| 1966 | -599.20 million current US$ | +12.9% |
| 1967 | -306.88 million current US$ | -48.8% |
| 1968 | -714.56 million current US$ | +132.8% |
| 1969 | -505.12 million current US$ | -29.3% |
| 1970 | -100.80 million current US$ | -80.0% |
| 1971 | -124.32 million current US$ | +23.3% |
| 1972 | 442.76 million current US$ | -456.1% |
| 1973 | 2.00 billion current US$ | +351.1% |
| 1974 | -57.48 million current US$ | -102.9% |
| 1975 | -441.08 million current US$ | +667.4% |
| 1976 | 146.22 million current US$ | -133.2% |
| 1977 | -695.11 million current US$ | -575.4% |
| 1978 | -1.14 billion current US$ | +64.4% |
| 1979 | -1.41 billion current US$ | +23.6% |
| 1980 | 788.86 million current US$ | -155.9% |
| 1981 | -3.24 billion current US$ | -510.2% |
| 1982 | -6.38 billion current US$ | +97.1% |
| 1983 | -3.60 billion current US$ | -43.6% |
| 1984 | -2.76 billion current US$ | -23.3% |
| 1985 | -3.69 billion current US$ | +33.8% |
| 1986 | -5.59 billion current US$ | +51.4% |
| 1987 | -3.02 billion current US$ | -45.9% |
| 1988 | -1.56 billion current US$ | -48.5% |
| 1989 | -5.49 billion current US$ | +252.4% |
| 1990 | -5.99 billion current US$ | +9.1% |
| 1991 | -431.67 million current US$ | -92.8% |
| 1992 | 885.18 million current US$ | -305.1% |
| 1993 | -999.86 million current US$ | -213.0% |
| 1994 | -1.66 billion current US$ | +66.1% |
| 1995 | -7.23 billion current US$ | +335.0% |
| 1996 | -1.82 billion current US$ | -74.9% |
| 1997 | 1.19 billion current US$ | -165.7% |
| 1998 | -3.51 billion current US$ | -393.7% |
| 1999 | -9.51 billion current US$ | +171.1% |
| 2000 | -8.97 billion current US$ | -5.7% |
| 2001 | 326.29 million current US$ | -103.6% |
| 2002 | 16.74 million current US$ | -94.9% |
| 2003 | -9.76 billion current US$ | -58406.9% |
| 2004 | -16.50 billion current US$ | +69.0% |
| 2005 | -18.87 billion current US$ | +14.3% |
| 2006 | -13.86 billion current US$ | -26.5% |
| 2007 | -14.03 billion current US$ | +1.2% |
| 2008 | -26.92 billion current US$ | +91.9% |
| 2009 | 2.61 billion current US$ | -109.7% |
| 2010 | -10.67 billion current US$ | -508.8% |
| 2011 | 14.31 billion current US$ | -234.1% |
| 2012 | -2.75 billion current US$ | -119.2% |
| 2013 | -20.81 billion current US$ | +655.7% |
| 2014 | -4.53 billion current US$ | -78.2% |
| 2015 | -20.70 billion current US$ | +356.5% |
| 2016 | -29.16 billion current US$ | +40.9% |
| 2017 | 4.10 billion current US$ | -114.1% |
| 2018 | 744.12 million current US$ | -81.9% |
| 2019 | 29.69 billion current US$ | +3890.1% |
| 2020 | 45.02 billion current US$ | +51.6% |
| 2021 | 59.33 billion current US$ | +31.8% |
| 2022 | 88.65 billion current US$ | +49.4% |
| 2023 | 75.58 billion current US$ | -14.7% |
| 2024 | 36.86 billion current US$ | -51.2% |
| 2025 | 10.56 billion current US$ | -71.3% |
Australia compared with similar countries
- Australia's 10.56 billion current US$ is above the median for high income countries, which is 3.43 billion current US$, 3.1× the median. (72 countries reporting)
- Australia's 10.56 billion current US$ is above the median for East Asia & Pacific, which is -166.62 million current US$. (34 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services (current US$) (US current) in Australia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | -58406.9% | 16.74 million current US$ | -9.76 billion current US$ |
| 2019 | +3890.1% | 744.12 million current US$ | 29.69 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -300.83 million current US$ | -714.56 million current US$ | 278.88 million current US$ | 10 |
| 1970s | -138.69 million current US$ | -1.41 billion current US$ | 2.00 billion current US$ | 10 |
| 1980s | -3.45 billion current US$ | -6.38 billion current US$ | 788.86 million current US$ | 10 |
| 1990s | -2.91 billion current US$ | -9.51 billion current US$ | 1.19 billion current US$ | 10 |
| 2000s | -10.60 billion current US$ | -26.92 billion current US$ | 2.61 billion current US$ | 10 |
| 2010s | -3.98 billion current US$ | -29.16 billion current US$ | 29.69 billion current US$ | 10 |
| 2020s | 52.67 billion current US$ | 10.56 billion current US$ | 88.65 billion current US$ | 6 |
Countries ranked near Australia
More economy & growth data for Australia
- Real gdp growth, annual growth rate 96.31 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 15.83 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0083 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 537.43 units per person (2025)
- SDRs holdings, SDR, annual growth rate 10.3 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.006 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 392.43 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.82 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Australia?
- External balance on goods and services in Australia was 10.56 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Australia?
- The highest recorded value was 88.65 billion current US$ in 2022.
- What is the lowest external balance on goods and services recorded in Australia?
- The lowest recorded value was -29.16 billion current US$ in 2016.
- How does Australia rank for external balance on goods and services?
- Australia ranks 35th out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Australia?
- Over the last ten years it is up 151.0%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 indicator is expressed in United States dollars.