Services, Debit/Expenditure in Australia
Australia: Services, Debit/Expenditure was 109.20 billion in 2024. ▲ Rising
Services, Debit/Expenditure in Australia, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services, debit/expenditure in Australia is 109.20 billion, measured in 2024. That is the highest value across all 20 years on record.
The figure is up 7.8% on the previous year and up 54.0% over ten years.
Over the whole period, services, debit/expenditure in Australia peaked at 109.20 billion in 2024 and was at its lowest, 31.05 billion, in 2005.
Australia ranks 20th of 198 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Debit/Expenditure in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 31.05 billion | — |
| 2006 | 36.19 billion | +16.5% |
| 2007 | 45.77 billion | +26.5% |
| 2008 | 53.68 billion | +17.3% |
| 2009 | 46.32 billion | -13.7% |
| 2010 | 57.86 billion | +24.9% |
| 2011 | 68.41 billion | +18.2% |
| 2012 | 74.88 billion | +9.5% |
| 2013 | 75.52 billion | +0.9% |
| 2014 | 70.90 billion | -6.1% |
| 2015 | 65.12 billion | -8.2% |
| 2016 | 65.05 billion | -0.1% |
| 2017 | 72.42 billion | +11.3% |
| 2018 | 79.22 billion | +9.4% |
| 2019 | 77.21 billion | -2.5% |
| 2020 | 46.58 billion | -39.7% |
| 2021 | 50.03 billion | +7.4% |
| 2022 | 79.55 billion | +59.0% |
| 2023 | 101.29 billion | +27.3% |
| 2024 | 109.20 billion | +7.8% |
Australia compared with similar countries
- Australia's 109.20 billion is above the median for high income countries, which is 18.44 billion, 5.9× the median. (72 countries reporting)
- Australia's 109.20 billion is above the median for East Asia & Pacific, which is 2.40 billion, 45.6× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.60 billion | 31.05 billion | 53.68 billion | 5 |
| 2010s | 70.66 billion | 57.86 billion | 79.22 billion | 10 |
| 2020s | 77.33 billion | 46.58 billion | 109.20 billion | 5 |
Countries ranked near Australia
More trade data for Australia
- Commodity Net Export Price Index, Individual Commodities Weighted by 97.57 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 99.77 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.17 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 90.76 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.4 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 75.69 (2025)
- Imports of low carbon technology products, Percent of GDP 1.36 (2024)
- Imports of low carbon technology products, US dollar (World), per 896.17 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0139 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 2.04 billion (2024)
Frequently asked questions
- What is services, debit/expenditure in Australia?
- Services, debit/expenditure in Australia was 109.20 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Australia?
- The highest recorded value was 109.20 billion in 2024.
- What is the lowest services, debit/expenditure recorded in Australia?
- The lowest recorded value was 31.05 billion in 2005.
- How does Australia rank for services, debit/expenditure?
- Australia ranks 20th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Australia?
- Over the last ten years it is up 54.0%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.