Total current account debit/expenditure, Debit/Expenditure in Australia
Australia: Total current account debit/expenditure, Debit/Expenditure was 541.27 billion in 2024. ▲ Rising
Total current account debit/expenditure, Debit/Expenditure in Australia, 2005–2024
Source: International Monetary Fund.
Analysis
Australia recorded 541.27 billion for total current account debit/expenditure, debit/expenditure in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 35.5% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in Australia peaked at 541.27 billion in 2024 and was at its lowest, 204.70 billion, in 2005.
Australia ranks 20th of 197 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account debit/expenditure, Debit/Expenditure in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 204.70 billion | — |
| 2006 | 236.99 billion | +15.8% |
| 2007 | 294.30 billion | +24.2% |
| 2008 | 339.62 billion | +15.4% |
| 2009 | 283.95 billion | -16.4% |
| 2010 | 358.25 billion | +26.2% |
| 2011 | 430.83 billion | +20.3% |
| 2012 | 440.53 billion | +2.3% |
| 2013 | 417.19 billion | -5.3% |
| 2014 | 399.58 billion | -4.2% |
| 2015 | 347.69 billion | -13.0% |
| 2016 | 340.99 billion | -1.9% |
| 2017 | 386.98 billion | +13.5% |
| 2018 | 419.88 billion | +8.5% |
| 2019 | 397.79 billion | -5.3% |
| 2020 | 325.01 billion | -18.3% |
| 2021 | 407.54 billion | +25.4% |
| 2022 | 531.25 billion | +30.4% |
| 2023 | 525.40 billion | -1.1% |
| 2024 | 541.27 billion | +3.0% |
Australia compared with similar countries
- Australia's 541.27 billion is above the median for high income countries, which is 79.74 billion, 6.8× the median. (72 countries reporting)
- Australia's 541.27 billion is above the median for East Asia & Pacific, which is 11.26 billion, 48.1× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 271.91 billion | 204.70 billion | 339.62 billion | 5 |
| 2010s | 393.97 billion | 340.99 billion | 440.53 billion | 10 |
| 2020s | 466.09 billion | 325.01 billion | 541.27 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 total current account debit/expenditure, debit/expenditure in Australia?
- Total current account debit/expenditure, debit/expenditure in Australia was 541.27 billion in 2024, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in Australia?
- The highest recorded value was 541.27 billion in 2024.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in Australia?
- The lowest recorded value was 204.70 billion in 2005.
- How does Australia rank for total current account debit/expenditure, debit/expenditure?
- Australia ranks 20th out of 197 countries with data for 2024.
- Is total current account debit/expenditure, debit/expenditure rising or falling in Australia?
- Over the last ten years it is up 35.5%. 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 Total current account debit/expenditure, 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.