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Australia: Current account (% of GDP)

Percent of GDP · 1861–2025 · 165 observations · forecasts to 2031 · CA_GDP

2025
−2.68%percent of GDP
Change on 2024
−1.0 pointsfrom −1.70%
Average, 2016–2025
−0.59%10 years
Record high and low
10.5% (1944)low −17.3% (1921)

Current account (% of GDP)

Report error
-20%-15%-10%-5%0%5%10%15%1875190019251950197520002025AustraliaAustralia
ForecastPercent of GDP

Compare with other countries →Definition of Current account (% of GDP)

Recent values

Percent of GDP

YearValue
2031-2.41Forecast
2030-2.37Forecast
2029-2.32Forecast
2028-2.32Forecast
2027-2.24Forecast
2026-2.34Forecast
2025-2.68
2024-1.70
20230.241
20220.821
20212.92
20202.28
20190.353
2018-2.25
2017-2.60
2016-3.29

Sources

  • Jones & Obstfeld1861–1945
  • Mitchell1861–1950
  • Jordà-Schularick-Taylor1870–2020
  • Foster1950–1997
  • OECD Economic Outlook1960–2025
  • OECD Key Economic Indicators1960–2025
  • WDI (archive)1970–1997
  • IMF World Economic Outlook1980–2025
  • IMF International Financial Statistics1989–2025
  • World Development Indicators1989–2025
  • OECD Economic Outlook (forecast)2025–2027
  • IMF WEO (forecast)2025–2031

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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