Australia Current Account

Last Release

Dec 31, 2022

Actual

14,114

Units In

AUD Million

753

Frequency

Quarterly

Next Release

Sep 02, 2025

Time to Release

2 Months 27 Days 16 Hours

Highest	Lowest	Average	Date Range	Source
22,870 Jun 2021	-96,480,000 Sep 2018	-384,195.72 AUD Million	1959-2022	Australian Bureau of Statistics

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).

Latest Updates

Australia's current account deficit narrowed to AUD 14.7 billion in the first quarter of 2025 from an upwardly revised AUD 16.3 billion in the fourth quarter of 2024, albeit larger than market expectations of a AUD 12 billion shortfall. Still, this marked the eighth consecutive quarter of deficit, as the goods and services surplus declined slightly to AUD 5.2 billion in Q1 2025 from AUD 5.4 billion in the previous quarter, mainly due to a widening in the net services deficit to AUD 10.2 billion from AUD 9.8 billion. In addition, the net secondary income deficit increased to AUD 0.5 billion from AUD 0.1 billion. Meanwhile, the net primary income deficit narrowed to AUD 19.4 billion from AUD 21.6 billion in Q4 2024.