1350.0 - Australian Economic Indicators, May 2009  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 30/04/2009   
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OVERSEAS COMPARISONS

Balance on current account, (from Table 10.2) Proportion of GDP
Graph: Balance of current account, proportion of GDP from table 10.2. Showing Australia, France, Japan, UK and USA.

Balance on current account, Percentage of seasonally adjusted GDP(a)

Period
United States
Japan
Germany
France
Italy
United Kingdom
Canada
Australia

Annual

2005-06
-5.9
3.7
5.1
-0.6
-1.8
-2.7
1.9
-5.7
2006-07
-6.0
4.1
6.6
-0.6
-2.5
-3.4
1.5
-5.5
2007-08
-5.2
4.7
7.9
-1.1
-2.5
-2.6
1.0
-6.3

Seasonally adjusted

2006-2007
March
-5.9
4.1
7.1
-0.6
-2.5
-3.5
1.2
-5.5
June
-5.8
4.4
7.5
-0.7
-2.5
-3.5
1.4
-5.7
2007-2008
September
-5.5
4.7
7.9
-0.8
-2.4
-3.5
1.3
-6.0
December
-5.3
4.8
8.0
-1.0
-2.4
-2.9
0.9
-6.3
March
-5.1
4.8
8.0
-1.2
-2.6
-2.2
1.0
-6.5
June
-5.0
4.5
7.9
-1.5
-2.8
-1.9
1.0
-6.2
2008-2009
September
-5.0
4.0
7.5
-1.9
-3.0
-1.6
1.2
-5.4
December
-4.7
3.2
6.6
-2.0
-3.2
-1.7
0.6
-4.3
March
nya
nya
nya
nya
nya
nya
nya
nya

nya not yet available
(a) Statistics are calculated as the original balance on current account as a percentage of the seasonally adjusted current price gross domestic product, except for Japan and Germany, where real gross national product replaces gross domestic product.
Source: Organisation for Economic Co-operation and Development, OECD.

Balance of payments(a)(b), Current balance

Period
United States
Japan
Germany
France
Italy
United Kingdom
Canada
China
India
Australia
New Zealand

Annual (US $ billion)

2005-06
-834.5
64.7
183.7
-43.0
-22.0
-87.4
50.2
123.8
-45.6
-10.4
-4.4
2006-07
-827.2
80.8
239.2
-52.5
-19.0
-156.7
41.5
235.2
-64.4
-10.2
-4.3
2007-08
-840.6
80.9
296.0
-87.3
-16.0
-191.8
45.0
245.9
-86.2
-19.1
-3.5

Seasonally adjusted (US $ billion)

2007-2008
January
-70.7
8.7
23.6
-7.1
-1.7
-15.9
3.3
21.4
-7.6
-2.5
-0.1
February
-73.0
6.1
23.9
-6.0
0.3
-15.7
5.6
17.7
-7.4
-2.9
-0.1
March
-68.9
6.7
25.4
-8.0
-2.2
-15.6
4.3
19.3
-8.0
-1.5
-0.6
April
-73.5
6.0
27.5
-8.9
-1.9
-15.3
6.9
20.6
-7.9
-0.7
-0.4
May
-72.6
4.6
24.5
-8.5
-1.6
-15.6
4.6
19.4
-9.7
-1.0
-0.6
June
-71.8
0.8
26.5
-9.6
-1.8
-16.6
4.3
17.9
-9.1
-0.6
-0.3
2008-2009
July
-74.6
0.3
21.1
-9.9
-1.5
-16.0
6.0
23.0
-11.1
-0.9
-0.4
August
-71.6
-3.0
22.6
-9.4
-2.8
-14.6
4.6
26.7
-13.3
0.8
-0.3
September
-70.1
-0.5
20.2
-8.9
-1.3
-13.5
4.1
28.5
-12.7
1.2
-0.6
October
-69.6
-2.5
19.6
-9.5
-0.9
-12.4
3.1
25.6
-8.1
1.9
-0.3
November
-53.3
-3.6
15.4
-9.8
-1.5
-11.9
1.2
36.6
-10.2
0.7
-0.2
December
-51.5
-1.6
16.1
-5.9
-0.4
-10.3
0.6
35.7
-8.5
0.1
-0.2
January
-47.0
-4.4
9.1
-5.6
-2.2
-11.7
-1.4
42.2
nya
0.7
0.1
February
nya
-0.5
nya
nya
nya
-10.3
nya
nya
nya
1.3
0.1
March
nya
nya
nya
nya
nya
nya
nya
nya
nya
nya
nya

nya not yet available
(a) All series are exports (fob) less imports (cif) except for Canada and Australia where imports are also fob. Data are measured on a foreign trade basis.
(b) Excludes trade with the German Democratic Republic.
Source: Organisation for Economic Co-operation and Development, OECD.





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