Australia - Current Account Balance 1980
-2.37%
Australia's current account balance was -2.37% in 1980. This was the 85th highest globally.
Global Ranking - 1980▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Maldives | -52.28% | -319.6% |
| 2nd | Gambia, The | -37.57% | -110.0% |
| 3rd | Myanmar | -33.76% | 11.3% |
| 4th | Eswatini | -23.93% | 17.3% |
| 5th | Guyana | -21.30% | -36.3% |
| 6th | Guinea-Bissau | -21.10% | - |
| 7th | Dominica | -19.64% | -271.5% |
| 8th | St. Lucia | -19.55% | - |
| 9th | Nicaragua | -19.19% | -266.9% |
| 10th | Sri Lanka | -16.28% | -142.1% |
| 11th | Sierra Leone | -14.98% | 7.1% |
| 12th | Malawi | -14.41% | - |
| 13th | Botswana | -14.24% | -92.6% |
| 14th | Antigua and Barbuda | -14.19% | 20.2% |
| 15th | Costa Rica | -13.74% | 0.7% |
| 16th | Zambia | -13.29% | -671.4% |
| 17th | Côte d'Ivoire | -13.16% | - |
| 18th | Singapore | -13.14% | -66.0% |
| 19th | Mauritania | -12.72% | -24.9% |
| 20th | Kenya | -12.06% | -52.6% |
| 21st | Cyprus | -11.99% | 35.6% |
| 22nd | Papua New Guinea | -11.34% | -343.2% |
| 23rd | St. Vincent and the Grenadines | -11.29% | -123.1% |
| 24th | Niger | -10.99% | -68.5% |
| 25th | Madagascar | -10.69% | 13.1% |
| 26th | Dominican Republic | -10.65% | -76.7% |
| 27th | Ireland | -10.56% | - |
| 28th | Korea | -10.29% | -68.7% |
| 29th | Samoa | -10.27% | 43.0% |
| 30th | Mauritius | -10.21% | 14.0% |
| 31st | Seychelles | -9.96% | -3.4% |
| 32nd | Honduras | -9.95% | -43.9% |
| 33rd | Congo, Republic of | -9.77% | -17.9% |
| 34th | Senegal | -8.56% | -32.6% |
| 35th | Mozambique | -7.95% | - |
| 36th | Burundi | -7.54% | - |
| 37th | Haiti | -7.29% | -49.8% |
| 38th | Panama | -7.12% | 15.1% |
| 39th | Uruguay | -6.98% | -40.3% |
| 40th | Cameroon | -6.67% | -214.3% |
| 41st | Chile | -6.66% | -24.7% |
| 42nd | Solomon Islands | -6.66% | -198.0% |
| 43rd | Uganda | -6.64% | - |
| 44th | Morocco | -6.47% | 31.4% |
| 45th | Thailand | -6.42% | 15.8% |
| 46th | Paraguay | -6.23% | -3.3% |
| 47th | Argentina | -6.20% | -737.4% |
| 48th | Tonga | -6.04% | -12.3% |
| 49th | Barbados | -6.03% | 4.0% |
| 50th | Poland | -6.00% | - |
| 51st | Togo | -5.92% | 65.0% |
| 52nd | Bahamas, The | -5.64% | -49.8% |
| 53rd | Brazil | -5.40% | -13.8% |
| 54th | Central African Republic | -5.40% | -137.2% |
| 55th | Romania | -5.20% | - |
| 56th | Philippines | -5.17% | -7.8% |
| 57th | Jamaica | -5.08% | -15.7% |
| 58th | Mexico | -5.07% | -26.1% |
| 59th | Hong Kong SAR, China | -4.96% | - |
| 60th | Türkiye | -4.95% | -214.1% |
| 61st | Austria | -4.80% | - |
| 62nd | Hungary | -4.77% | - |
| 63rd | Mali | -4.60% | 35.3% |
| 64th | Tanzania | -4.57% | -29.7% |
| 65th | Tunisia | -4.04% | 3.3% |
| 66th | New Zealand | -4.00% | - |
| 67th | Belgium | -4.00% | - |
| 68th | Greece | -3.94% | -12.3% |
| 69th | St. Kitts and Nevis | -3.89% | - |
| 70th | Bangladesh | -3.87% | -44.9% |
| 71st | Pakistan | -3.66% | 35.1% |
| 72nd | Comoros | -3.66% | - |
| 73rd | Ecuador | -3.59% | 19.3% |
| 74th | Sudan | -3.53% | -15.9% |
| 75th | Rwanda | -3.49% | - |
| 76th | Lebanon | -3.46% | - |
| 77th | Israel | -3.43% | 15.7% |
| 78th | Denmark | -3.37% | 22.3% |
| 79th | Portugal | -3.23% | -1,493.4% |
| 80th | Sweden | -3.05% | -60.1% |
| 81st | Finland | -2.61% | -614.1% |
| 82nd | Iran, Islamic Republic of | -2.58% | -119.5% |
| 83rd | Benin | -2.54% | 41.8% |
| 84th | Spain | -2.40% | -780.0% |
| 85th | Australia | -2.37% | - |
| 86th | Lao PDR | -2.24% | - |
| 87th | Zimbabwe | -2.23% | -105.0% |
| 88th | Canada | -2.22% | 35.6% |
| 89th | Italy | -2.21% | -247.2% |
| 90th | Iceland | -2.18% | -242.5% |
| 91st | Guatemala | -2.07% | 30.4% |
| 92nd | Burkina Faso | -2.04% | - |
| 93rd | Egypt, Arab Republic of | -2.01% | 75.9% |
| 94th | Nepal | -2.00% | -224.9% |
| 95th | Germany | -1.64% | -169.5% |
| 96th | Belize | -1.62% | - |
| 97th | Viet Nam | -1.60% | - |
| 98th | Fiji | -1.45% | 74.8% |
| 99th | Malaysia | -1.09% | -124.5% |
| 100th | India | -0.96% | -3,011.9% |
| 101st | Japan | -0.95% | - |
| 102nd | Colombia | -0.62% | -139.3% |
| 103rd | France | -0.61% | -171.7% |
| 104th | Peru | -0.56% | -112.2% |
| 105th | Netherlands | -0.44% | -325.1% |
| 106th | Congo, Democratic Republic of | -0.37% | - |
| 107th | Switzerland | -0.16% | 23.1% |
| 108th | Bolivia, Plurinational State of | -0.14% | 98.4% |
| 109th | United States | 0.07% | 1,348.1% |
| 110th | Liberia | 0.12% | 170.5% |
| 111th | Grenada | 0.24% | 122.5% |
| 112th | Algeria | 0.59% | 112.0% |
| 113th | Ghana | 0.68% | -77.9% |
| 114th | Angola | 0.80% | - |
| 115th | São Tomé and Principe | 0.83% | -93.7% |
| 116th | El Salvador | 0.95% | 2.0% |
| 117th | Vanuatu | 0.96% | - |
| 118th | Albania | 1.01% | - |
| 119th | Chad | 1.19% | 871.2% |
| 120th | United Kingdom | 1.21% | 781.3% |
| 121st | Suriname | 1.22% | - |
| 122nd | Norway | 1.67% | 184.9% |
| 123rd | Syrian Arab Republic | 1.92% | -78.7% |
| 124th | Guinea | 2.25% | - |
| 125th | Indonesia | 2.92% | - |
| 126th | Cabo Verde | 3.04% | - |
| 127th | Malta | 3.10% | -33.3% |
| 128th | South Africa | 3.54% | -24.8% |
| 129th | Bulgaria | 4.81% | - |
| 130th | Bahrain | 5.28% | 164.2% |
| 131st | Trinidad and Tobago | 5.72% | 1,474.6% |
| 132nd | Kiribati | 7.30% | -87.9% |
| 133rd | Nigeria | 8.06% | 128.2% |
| 134th | Gabon | 8.97% | 9.7% |
| 135th | Jordan | 9.56% | 4,936.8% |
| 136th | Bhutan | 10.94% | - |
| 137th | Lesotho | 13.05% | 308.9% |
| 138th | Oman | 15.75% | 7.2% |
| 139th | Libya | 20.06% | 62.4% |
| 140th | United Arab Emirates | 24.18% | - |
| 141st | Saudi Arabia | 25.22% | 176.5% |
| 142nd | Kuwait | 53.43% | -5.8% |
| 143rd | Qatar | 125.49% | - |
FAQ
What was Australia's current account balance in 1980?▾
Australia's current account balance in 1980 was -2.37%. This ranked 85th globally.
Which country had the highest current account balance in 1980?▾
Qatar had the highest current account balance in 1980 at 125.49%.
What is the current account balance of Australia in 1980?▾
The current account balance of Australia in 1980 was -2.37%. This ranked 85th globally.
HistorySaid - pattern alert
Australia matched the Fiscal Dominance Trap pattern in 1980. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 11.4%. View full analysis →
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