Australia current account


Australia current account: -14149 (-13.47%)
Last Update: September 30, 2024

Australia current account closed down -14149 as of September 30, 2024 from -16351 from the previous month and 19258 from last year.


Australia current account Analytics & Data




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Australia current account

Date Values
2024-09-30 -14149
2024-06-30 -16351
2024-03-31 -6289
2023-12-31 2836
2023-09-30 -4722
2023-06-30 2712
2023-03-31 10538
2022-12-31 11355
2022-09-30 -754
2022-06-30 11684
2022-03-31 3339
2021-12-31 9752
2021-09-30 19258
2021-06-30 22338
2021-03-31 19770
2020-12-31 16909
2020-09-30 11309
2020-06-30 17738
2020-03-31 9023
2019-12-31 2181
2019-09-30 7526
2019-06-30 4663
2019-03-31 -2483
2018-12-31 -6727

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Australia current account Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
current account au.currentaccount -14149.0 -16351 -13 -173 Down Down 18 2024-09-30

Australia current account Quantitative Analysis, Charts & Factors

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Australia current account Historical Data

The MacroVar database offers free access to historical data for the Australia current account, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Australia current account data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Australia current account

The current account of Australia is a measure of the country's trade balance with the rest of the world, including its exports and imports of goods and services, as well as financial transactions. A positive current account balance indicates that the country is exporting more than it is importing, leading to a surplus. This surplus can be beneficial for the economy, as it can lead to increased investment and economic growth. On the other hand, a negative current account balance, or deficit, can indicate that the country is importing more than it is exporting, which can lead to a decrease in the value of the country's currency and potentially impact economic stability. Overall, the current account balance is an important indicator of a country's economic health and its ability to participate in the global economy.

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