Statizoid

Australia vs Italy: External balance on goods and services

Australia
16.32 billion current LCU
in 2025
Italy
43.60 billion current LCU
in 2025
Australia rank
49th
Italy rank
47th

External balance on goods and services over time

  • Australia
  • Italy
-50.0B050.0B100.0B196019922025

How they compare

Italy currently reports 43.60 billion current LCU against 16.32 billion current LCU in Australia, a difference of 27.27 billion current LCU.

That makes Italy's figure about 2.7 times Australia's.

The two have swapped places 12 times across 56 shared years of data; in 1970 it was Italy ahead.

Globally, Australia ranks 49th and Italy ranks 47th of 192 countries.

Individual pages

About this data

Indicator
External balance on goods and services (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,054 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.