Australia vs United States: Current account balance
Current account balance over time
- Australia
- United States
How they compare
Australia currently reports -48.22 billion BoP, current US$ against -1.12 trillion BoP, current US$ in United States, a difference of 1.07 trillion BoP, current US$.
The two have swapped places 2 times across 37 shared years of data; in 1989 it was Australia ahead.
Globally, Australia ranks 196th and United States ranks 199th of 199 countries.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.