Balance of Payments

  • Q3 2020

    December 1, 2020

    Australia’s seasonally adjusted current account surplus declined in Q3 2020.

    The lower current account surplus in Q3 reflected a narrowing in the trade surplus caused by a fall in exports and a rise in imports.

    The primary income deficit narrowed in Q3 due to a rise in income from Australian investments abroad.

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  • Q2 2020

    September 1, 2020

    Australia’s seasonally adjusted current account surplus surged to a record A$17.7B in Q2 2020, exceeding market expectations of A$13.0B.

    The widening in the current account surplus in Q2 was due to a rise in the trade surplus and narrowing in the primary income deficit.

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  • March Quarter 2020

    March 3, 2020

    Australian current account surplus jumped in Q1 2020.

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  • September Quarter 2019

    December 3, 2019

    The Australian current account surplus increased to a seasonally adjusted $7.9 billion in Q3 from a surplus of $4.7 billion in Q2.

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  • June Quarter 2018

    September 4, 2018

    The current account deficit widened to a seasonally adjusted $13.5 billion in Q2 2018, from a revised deficit of $11.7 billion in Q1 (revised from $10.5 billion).

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  • March Quarter 2019

    June 4, 2019

    The current account deficit decreased to a seasonally adjusted $2.9 billion in Q1 2019, from a revised deficit of $6.3 billion in Q4 (revised from $7.2 billion).

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