In 2017, current account balance for Australia was -36 billion US dollars. Though Australia current account balance fluctuated substantially in recent years, it tended to decrease through 1998 - 2017 period ending at -36 billion US dollars in 2017.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.