1350.0 - Australian Economic Indicators, Feb 2009  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 30/01/2009   
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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
6.3
-0.7
-2.5
-3.4
1.5
-5.5
2007-08
-5.2
4.7
7.6
-1.2
-2.6
-2.6
1.0
-6.3

Seasonally adjusted

2006-2007
December
-6.0
3.9
6.1
-0.7
-2.6
-3.4
1.4
-5.3
March
-5.9
4.1
6.6
-0.7
-2.6
-3.5
1.2
-5.5
June
-5.8
4.4
7.1
-0.8
-2.5
-3.5
1.4
-5.7
2007-2008
September
-5.5
4.7
7.5
-0.9
-2.4
-3.5
1.3
-6.0
December
-5.3
4.8
7.5
-1.2
-2.4
-2.8
0.9
-6.3
March
-5.1
4.8
7.6
-1.3
-2.6
-2.2
0.9
-6.5
June
-4.9
4.5
7.6
-1.5
-2.8
-2.0
1.0
-6.2
2008-2009
September
-4.9
3.9
7.2
-1.8
-2.9
-1.6
1.2
-5.4
December
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
184.6
-43.2
-20.7
-87.4
49.8
123.8
-45.6
-10.4
-4.4
2006-07
-827.2
80.8
240.6
-52.0
-18.1
-156.4
41.0
235.2
-64.4
-10.3
-4.3
2007-08
-837.5
80.1
298.5
-86.9
-13.5
-192.2
43.2
247.7
-89.3
-19.1
-3.5

Seasonally adjusted (US $ billion)

2007-2008
October
-67.7
9.0
23.7
-6.5
-1.4
-16.2
3.5
20.8
-6.0
-2.1
-0.1
November
-71.7
7.6
25.6
-7.6
-0.9
-16.9
3.0
20.3
-7.1
-1.7
-0.1
December
-69.5
5.7
24.3
-7.3
-2.6
-15.4
1.9
19.9
-6.9
-1.1
-0.1
January
-70.2
8.2
24.1
-6.8
-1.1
-16.0
2.6
21.5
-7.5
-2.4
-0.1
February
-72.5
6.1
24.2
-5.8
0.8
-15.6
5.1
18.1
-7.7
-3.2
0.0
March
-68.4
6.6
25.8
-7.7
-1.6
-15.5
3.9
19.6
-9.5
-1.6
-0.5
April
-73.0
5.7
27.9
-9.3
-1.9
-15.2
6.8
20.9
-9.0
-0.6
-0.5
May
-72.1
4.5
24.6
-8.3
-0.1
-15.7
4.5
19.8
-9.5
-1.4
-0.7
June
-71.3
1.0
26.8
-9.6
-1.4
-16.6
4.3
18.2
-9.7
-0.8
-0.3
2008-2009
July
-74.1
0.8
21.4
-11.0
-1.3
-16.2
6.3
23.0
-10.0
-1.3
-0.5
August
-71.1
-2.3
22.9
-9.6
-3.3
-14.8
4.8
26.5
-14.1
0.7
-0.3
September
-69.5
-0.3
20.3
-9.1
-2.0
-13.6
4.5
28.5
-10.7
1.2
-0.6
October
-69.8
-2.5
19.7
-9.1
-2.0
-13.1
4.0
25.6
nya
2.5
-0.2
November
nya
-3.8
nya
nya
nya
nya
nya
nya
nya
nya
-0.1
December
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 Domestic Republic.
Source: Organisation for Economic Co-operation and Development, OECD.



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