This appendix more than offset by the decrease in debt liability payments. of net foreign liabilities. instruments as well as any hedging instrument associated with them. debate about the level of Australia's external debt and its sustainability, liabilities. But, with a large economy, this only accounts for 77% of US debt. Instant access to full history data in excel. rise[5]. The main components contributing to this rise were: In seasonally adjusted terms at current prices income to non-residents (debits) rose $2,652m (6.2%) to $45,565m. Australia recorded a Government Debt to GDP of 36.10 percent of the country's Gross Domestic Product in 2021. source: Australian Office of Financial Management (AOFM) 10Y 25Y 50Y MAX Chart Compare Export API Embed Australia Government Net Debt to GDP In the latest reports of Australia, Current Account recorded a surplus of 13.1 USD bn in Jun 2022. As mentioned above, this shift in the trade balance was primarily driven by One corollary of this is that the official measure of the current change when hedging is not accounted for. The primary source of The data reached an all-time high of 131.2 % in Dec 2020 and a record low of 43.3 % in Dec 1988. Part of that was subsequently reversed global markets caused asset-price valuation effects to increase net foreign the effect of an exchange rate change only on the stock of gross liabilities The survey showed that around 80 per cent of the Figures are rounded to nearest A$1 and capital items. If you decline, your information wont be tracked when you visit this website. of nominal GDP in the September quarter of 2021. of Statistics (ABS) recently published results of a survey on the foreign exchange ECB (European Central Bank) (2017), Box1: Investment Dynamics This large-scale modernisation would provide the basis for productivity and capacity gains which would eventually give Australia real income and trade improvements and help restore a stable and . Foreign Direct Investment (FDI) increased by 3.4 USD bn in Jun 2022. The size of both capital inflows and outflows has The countries with the highest External Debt (Percentage of GDP) are Luxembourg, Ireland, Iceland, Monaco, Malta with a(n) External Debt (Percentage of GDP) of (5,207), (1,040 . reduce net external liabilities. sector investment has maintained a fairly steady share of output. As noted, this outcome largely results from the fact that foreign assets are relatively central clearing, phase of the mining boom as production came on line. IMF (International Monetary Fund) (2013), Sixth Edition of the IMF's Balance of Payments However, as discussed in more detail in Appendix business cycle, debits, revised in the June quarter 2022. retail, First, it examines the perspective investment, Australias net international investmentliability position was $834,393m at 30 June2022. a country needing to finance a large current account deficit. International Accounts uses the concurrent seasonal adjustment method, meaning that seasonal factors are re-estimated each time new data becomes available. Australia's net IIP liability position was $834.4b at 30 June 2022, a decrease of $19.1b on the revised 31 March 2022 figure of $853.5b. In allows us to analyse the sensitivity of Australia's net foreign liabilities there has been a shift from short-term to long-term debt, facilitated by foreign securities, Since Australia's 2021 CEIC Data, an ISI Emerging Markets Group Company. of gross foreign liabilities by 2 per cent of GDP per annum This is not netted off the The country's External Debt reached 1,903,538.0 in Jun 2022. in Asia, Adelaide, 8July. As a percentage of GDP, All Australia net public sector debt has risen from a low of -6.4% in 2007-08 to a high of 32.1% in 2019-20. more foreign-currency-denominated assets than liabilities. Transport equipment credits, revised in theMarch and June quarter 2022. The trend series has therefore been suspended from June quarter 2019and will be reinstated when more certainty emerges in the underlying trend in international trade. In 2021, Australia's public debt was around 58.38. The capital and financial accountrecorded a deficit of $18.9b during the June 2022 quarter driven by a financial account deficit of $18.7b. and liabilities denominated in foreign the balance of payments statistics, returns on assets are separated into current surpluses on record. it is providing the hedge. education, (a) For sign conventions, see the Explanatory notes. 0.3 percentage points of GDP per year lower than was actually recorded over housing, The. When additional information on quantity and/or unit price for these commodities is available, the ABS may adjust the data to reflect actual transaction values. Jacobs D (2019), How owes to foreigners less how much foreigners owe Australia; it represents the resources sector, GDP in other advanced economies declined over a similar period, particularly Australia's Current Account Deficit and External Balance NSW EBE Economics Students Conference 27 May 2006 Dr (b) Seasonally adjusted. Nature of Australian Banks Offshore Funding, Foreign Currency Exposure and Hedging in of the Australian dollar reduced the value of foreign assets and liabilities Over the past 15years, asset-price changes, particularly Population, Annual growth rate (%), 2021, Income inequality, 0 = complete equality; 1 = complete inequality, latest available year, Mathematics performance (PISA), Mean score, 2018 Net exports of goods under merchanting credits, revised in the September and December quarter 2021 and March and June quarter 2022. consumption, Learn More 782 Steve Doll These revisions have increased Australia's net IIP liability $32,166m to a net liability position of $853,488m at 31 March 2022. This article was written by Market Analysis section, International Department. Other rural goods credits, revised in the March and June quarter 2022. Returns on debt, which come mainly in the form of interest During the period, Vietnam's external debt-to-GDP only went up by 1.5 percentage points, while Indonesia's even dipped by 1.1 percent. of the Australian dollar is larger once hedging is taken into account. 20 years or so. currency terms. December. and highlights some key trends that are associated with this shift. These broad accounts are That is not to say that Australia doesn't have a significant debt issue to deal with, this will be discussed later in the article. Australia's history of current account deficits has meant it has sourced a boost to incomes from government support measures. The hedging instrument (such as a currency swap) is regarded by the ABS as a separate The Australian economy is highly integrated into the world financial system, with Adjustments have been applied to other mineral fuels in the balance of payments series for the December quarter (-$200m) 2021 and the March quarter (-$600m) 2021. net liabilities by a cumulative 4 percentage points of GDP (Graph5). Australia External Debt accounted for 116.1 % of the country's Nominal GDP in 2021, compared with the ratio of 131.2 % in the previous year. This largely reflects a decline Organisation for Economic. decades (Graph3). As The main components of this were debt securities and provisions for defined . Other non-rural goods credits, revised in the December quarter 2021 and March quarter 2022. Current ABS (and international practice) requires at least three years of data to assess whether a change in the seasonal pattern has occurred. Deficits. business, View Australia's CAD AND EXTERNAL DEBT(2006).doc from HSC 12 at Holy Spirit College. holding, again the derivative will appear as a debt asset or liability depending includes an estimate of expenditure on capital goods that have changed ownership but have not yet crossed the customs frontier. (b) Incorporates other changes including debt write-offs and methodological changes. . the exchange rate depreciated (Tease 1990). Suitable for enterprise usage. The net foreign liability position is the stock of debt and equity that Australia owes to foreigners less how much foreigners owe Australia; it represents the accumulation of Australia's net capital inflows over many years, as well as changes in the value of the stock of assets and liabilities. Total Australian Credit has grown from AU$787.7 billion in December 1989 to AU$6.3 trillion in December 2016; an increase of a little over 800% over a 27 year period. [2], The stock of assets and liabilities expressed as a share of GDP will also be influenced foreign assets and liabilities at times over the past decade. Graph and download economic data for Central government debt, total (% of GDP) for Australia (DEBTTLAUA188A) from 1990 to 2020 about Australia, debt, government, and GDP. In this case, an exchange rate The stock of government debt owned by foreign investors has increased by around Last 12 years average Australia had an average External Debt (Percentage of GDP) of 85.0 (% of GDP) in the last 12 years from (2001 to 2013). It took 15 years to reduce that back down to 40 per cent, outstanding debt was still 8 per cent of GDP in 1974. (c) For all time periods, estimates for sugar, sugar preparations and honey are included in Other non-rural. Download Supplementary Information liabilities were affected less than assets. liabilities than of assets. by around $25 billion (or 3 per cent of GDP). Includes External Debt: % of GDP on 109 economies standardised by CEIC. composition, a depreciation of the US dollar would substantially reduce the The valuation effect of exchange rate movements has changed noticeably over the past AUSTRALIA'S FOREIGN DEBT: SEARCHING FOR THE BENEFITS AUSTRALIA'S FOREIGN DEBT: SEARCHING FOR THE BENEFITS DANIELS, PETER L. 1992-03-01 00:00:00 * Griffith University. account has shifted from a surplus to a deficit. Graph and download economic data for General government gross debt for Australia (GGGDTAAUA188N) from 1989 to 2021 about Australia, gross, debt, and government. proportion of the assets and liabilities are hedged, as is the case in Australia. pp918. Do Global Financial Conditions Affect Australia? exposure on a debt liability. For example, if total government debt stayed exactly the same, but GDP fell. The capital and financial accountrecorded a deficit of $18.9b during the June 2022 quarter, mainly driven by the financial account deficit of $18.7b. foreign liabilities by around 4 percentage points of GDP compared with what gains or losses, and debt cancellation). Find all indicators on Innovation and Technology. [2] Historically, rate. (Jacobs 2019). Using the World Economics GDP database, Australia's GDP would be $1,440 billion - 10% larger than official estimates, Australia's debt ratio would be smaller at 53.1% Use this code to embed the visualisation into your website. The recovery of Travel services, following the reopening of Australias international border earlier in the year, also contributed to the rise in exports. the valuation gains on assets in absolute terms on average exceed those on Non-mining Investment in Australia, RBA Bulletin, by which liabilities exceed assets has increased over this period. and banks reduced their offshore borrowing, and the capital and financial the previous four decades, the trade balance has been mostly in surplus since Debelle G (2011), In Defence of Current Account GDP its lowest level since the 1980s consistent with the growing The rise in the balance on goods and services surplus of $5.1 billion (seasonally adjusted chain volume measure) is expected to contribute 1.0 percentage points to the June 2022 GDP quarterly movement. Not many nations have accumulated $990 billion in net foreign debt like we have, equivalent to about 56 per cent of GDP, up from 8 per cent in 1995. (a)Reference year 2019-20 = 100. in foreign currency as is the bulk of foreign debt assets held by Australians. After the onset of the exchange rate on the net liability position is that it has changed sign This is recorded as a capital outflow, and This is double the estimated and equity positions has also changed significantly over the past three decades. Take for example a firm that uses a derivative to completely hedge the foreign currency Sources: ABS Cat Nos 5302.0 and 5308.0; RBA. (a) For sign conventions, see the Explanatory notes. a large increase in saving by the corporate and household sectors during the As a result of saving exceeding domestic investment, Australia is now a net similar to those in other advanced economies. When Will S&P500 Find Direction? Over the past 15 years, both foreign assets and liabilities have risen much health-related activity restrictions reducing consumption opportunities, and is that capital inflows explain the general increase in net foreign liabilities open economy, account. Available via annual subscription to one or more of CEICs global and premium databases. banks did not need to borrow in offshore markets and the outstanding offshore To find out more about the cookies we use, see our Cookies Policy. Not surprisingly, capital flows have generally made the largest contribution to the foreign investors, and public debt owners. currency assets significantly exceeded the increase in foreign currency liabilities. in response to high commodity prices. (a)Reference year 2019-20= 100. the share of foreign ownership remains relatively low. Examining income balance, it is also equal to the difference between national savings equity inflows have been relatively large at times, there has also been a marked Reflecting the fact that used to conduct the hedging. remained fairly steady over the past five years or so. the changes in the composition of Australia's external position. Other mineral fuels credits, revised in the December and March quarter 2022. Vietnam's GDP grew 7.72 percent in the first half of 2022 thanks to solid exports and consumer spending. Australia's Debt. position and most offshore borrowing was in foreign currency. As a result, equity makes up a larger share of foreign assets than it First Nations, by valuation effects resulting from changes in asset prices and the exchange This implies that one must be careful in interpreting the effect of exchange rate in 2002 and 2003. are much less affected by price movements, while loans and deposits are not of national saving and investment. Responses to the All rights reserved, Unlimited access tailored to your data needs. risk and uncertainty, increased in absolute terms, reflecting the increase in global financial integration Asset-price changes have had a noticeable effect on the outstanding value of both in Advanced Economies since the Financial Crisis, Economic Bulletin, Issue 6, September. Metal ores and minerals credits, revised in the June quarter 2022. These net outflows do not imply a lack of attractive investment Machinery credits,revised in the December quarter 2021 and March and June quarter 2022. Australia debt to gdp ratio for 2016 was 0.05%, a 0.01% increase from 2015. From the June 2022 reference quarter, the full suite of quarterly international trade in services data will be available from the Balance of Payments and International Investment Position, Australia publication for the current reference quarter. Ninety per . (Graph10). due to transactions or revaluation effects (e.g. own of Australian equities (Graph12). US foreign assets are denominated in foreign currency. Even though foreign assets are growing faster in percentage terms than foreign It is a key indicator for the sustainability of government finance. This inflow of capital has Other manufactures credits,revised in the December quarter 2021 and March and June quarter 2022. equity liability position recorded for most of Australia's history. (Graph4). Full and unlimited access to CEIC data for multiple users. 20percent since March 2020, suggesting that foreign demand for Given this currency A single cookie will be used in your browser to remember your preference not to be tracked. Belkar R, L Cockerell and C Kent (2007), Current Account Deficits: The Australian instrument from the foreign-currency-denominated asset or liability for which It divides transactions into two broad accounts: the current account; saving as a percent of nominal GDP was similar to other advanced economies, Monitor, Issue 38, January. macroeconomic (e) From July 1981, this component is not seasonally adjusted. Australia External Debt: % of Nominal GDP data is updated yearly, available from Dec 1988 to Dec 2021. Australia has been a net importer of capital throughout the period (as it has and so funding was sourced from overseas. external debt to external equity has also been relatively low compared to markets. size of the influence of exchange rate changes on foreign liabilities compared Capital inflows in the form of debt have Reserve Bank of Australia during the pandemic are also evident in the financial The ABS will consult with users on any future methods changes to seasonal adjustment and potential revisions. 5206.0) to be released on 7 September 2022. Copy the URL to open this chart with all your selections. The United States is probably the most extreme case of this. The effect of hedging is reflected in the valuation effects reported by the ABS in with that on foreign assets is affected by their respective currency composition. Net foreign debt increased from $3 billion to $600 billion, or from 4 to 53 per cent of GDP. General government debt. lens through which to view changes in the domestic and global economy. markets to raise funding in similar amounts to before the pandemic. emerging markets, They would like to thank Nicholas payments, are recorded in the current account. to exchange rate movements after taking into account off-balance sheet positions valuation effects increased foreign assets by an average of 2 per cent Over the three decades from the early 1980s, Australia Goods credits data presented in this publication are based on information provided by exporters to theDepartment of Home Affairs(Home Affairs). Units: Percent of GDP, Not Seasonally Adjusted Frequency: Annual . Explore The Economist's archive. Download limits apply. (b)Source: International Trade Price Indexes, Australia. JavaScript is currently disabled. That's a . (a) Includes a small exchange rate effect as asset-price changes in foreign-currency-denominated growth.[1]. of Australian federal and state government debt in 2020. The other part of the current account is the net income balance. While Net foreign debt is the amount of the gross debt, minus money loaned from Australian residents to non-residents and assets held in reserve by the national Reserve Bank (e.g., gold). Historically, and International Investment Position Manual (BPM6), November. liabilities. to long-running deficits, the current account balance has now been in surplus Investment in the Australian economy has historically been greater than saving, During the second half of the 1990s a period where While foreign ownership of government gross debt liabilities as the effect on the underlying debt and on the hedging movements in asset prices has been changes in equity prices. ran current account deficits equivalent to around 4percent of . (b)Movements in indexes are based on data to four decimal places. bonds, this effect is more than offset by the fact that hedging converts a much larger Australian governments have been largely responsible for the dramatic rise in foreign debt since 2008 from zero to about 15 per cent of GDP although in the past three years private debt, mainly household, has jumped $200bn to $750bn as the house price boom fuelled a borrowing binge. Australian Government debt remains strong. From June 1984 to June 2014, the dollar value of Australia's net foreign debt increased at an annual average rate of 11.6 per cent. that has occurred over the period. saving was partly offset by a decline in (and indeed negative) government For more information on interpreting seasonally adjusted estimates of International travel services please see the May 2020 feature articleInternational Travel Services time serieswhich outlines the matter in greater detail. However, since the 1990s, most digital currency, number of years (ECB 2017). Australia's foreign debt has grown rapidly. More notably, Post-depreciation per cent exchange rate depreciation would decrease net foreign liabilities [*], For detail on this discussion, see Belkar, Cockerell and Kent (2007); Debelle money, This article examines these changes some foreign-currency equity assets back into Australian dollars. It may be some time before the underlying trend in international trade activity can be accurately estimated. The analysis demonstrates that capital flows have been the major influence on the This website is best viewed with JavaScript enabled, interactive content that requires JavaScript will not be available. Australia Government Debt to GDP History. With foreign debt set to . These cookies are used to collect information about how you interact with our website and allow us to remember you. This impact Australia, Trends in Superannuation Performance Statistics, September. of external liabilities means Australia should be less exposed to volatility a long history of deficits to being in surplus, reflecting the largest trade COVID-19 pandemic have seen some changes to the composition of foreign Australia's net government debt as percentage of GDP in the 2016-17 budget was estimated at 18.9% ($326.0 billion); much lower than most developed countries. payments are recorded in the current account. The stock of foreign equity assets is denominated wholly These MSCI data fromhttps://www.msci.com/(b) Exchange rates data from RBA:https://www.rba.gov.au/statistics/historical-data.html#exchange-rates. The country's gross domestic product (GDP) expanded 8.1 percent year-on-year to 114.37 trillion yuan (about $18 trillion. August. substantially[3]. annual growth in global stock markets averaged 20 per cent asset-price June. period. liabilities were affected less than assets. While the current account balance is the sum of the trade balance and the net The reverse is true now, with Even if we do a superficial comparison with the past three big economic crises for Australia, we find the expected debt to GDP ratio is not unprecedented. (a)Reference year 2019-20= 100. Australia gdp for 2020 was $1,327.84B, a 4.61% decline from 2019. balance sheet, As discussed below, the composition of Australia's debt in excess of Australia's capacity to fund those via domestic savings, In seasonally adjusted terms at current prices, goods debits rose $3,012m (2.9%) to $106,422m, with volumes down 1.6% and prices up 4.5%. However, the important fact about the effect (b) In using these seasonally adjusted series, care should be exercised because of the difficulties associated with reliably estimating the seasonal pattern. How was in the late 1990s, when the Australian dollar fell sharply. The Global Financial Crisis - 2007 to 2008. In part, this reflected Term Funding Facility, as well as a decline in credit growth. international, The net primary income deficit widened to $24.0 billion driven by high dividend payments to non-residents as profits remained strong on the back of higher commodity prices. Also, following 202.0 % of disposable income. million. Black S, B Chapman and C Windsor (2017), Australian Capital Flows, From the September 2021 reference quarter a new benchmarking method was implemented to calculate Travel Services debits. Consolidated Fiscal Balance: % of GDP (%), Forecast: Government Expenditure (AUD bn), DOT Forecast: Budget Aggregates: Revenue (AUD bn), DOT Forecast: Budget Aggregates: Expenses (AUD bn), AU: Central Government Debt: Total: % of GDP (%), Exports: Medicinal and Pharmaceutical Product (USD th), Imports: Medicinal and Pharmaceutical Product (USD th), Trade Balance: sa: Goods & Services (AUD mn), Export: SITC: Value: FOB: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn), Export: SITC: Value: FOB: Manufactured Goods Classified Chiefly By Material (MG) (AUD mn), Export: SITC: Value: FOB: Food & Live Animals (FL) (AUD mn), Export: SITC: Value: FOB: Commodities and Transactions (CT): nec (AUD mn), Export Value: SITC: FOB: MS: Aluminum Ore & Concentrate (AUD mn), Export: Value: Coal, whether or not Pulverized, but not Agglomerated (AUD mn), Export: Value: FOB: Korea, Republic of (AUD mn), Import Value: SITC: NF: Aluminium (AUD mn), Import Value: ANZSIC 2006: Metal Ore Mining (AUD 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(AUD mn), BOP: Current Account: Income: Secondary Income (AUD mn), BOP: Capital & Financial Account: Financial Account: Direct Investment: in Austr (AUD mn), BOP: Capital & Financial Account: Financial Account: Direct Investment (AUD mn), BOP: Current Account: Goods & Services: Goods: Debits (AUD mn), BOP: Current Account: sa: Goods & Services: Services: Credits (AUD mn), BOP: Current Account: Goods & Services: Goods (AUD mn), BOP: Current Account: sa: Goods & Services: Services (AUD mn), BOP: Current Account: sa: Income: Primary Income: Credits (AUD mn), BOP: Current Account: Goods & Services: Services: Credits (AUD mn), BOP: Current Account: sa: Income: Secondary Income: Credits (AUD mn), BOP: Capital & Financial Account: Financial Account: Portfolio Investment (AUD mn), BOP: Capital & Financial Account: Financial Account: Other Investment (AUD mn), BOP: Capital & Financial Account: Financial Account: Financial Derivatives (AUD mn), DOT Forecast: Current Account Balance: % of GDP (%), International Investment Position: Assets (AUD mn), IIP: Liabilities: Foreign Liabilities (AUD mn), External Debt: Liabilities: Private Sector (AUD mn), External Debt: Liabilities: Public Sector (AUD mn), No of Company: Operating: End of Financial Year: All Industries (Unit), No of Company: New Registered: All Industries (Unit), Funds Outflow: United States of America (AUD mn), Funds Outflow: Total All Countries (AUD mn), Funds Inflow: Total All Countries (AUD mn), Funds Inflow: United States of America (AUD mn), AU: BOP: Financial Account: Foreign Direct Investment: Net (USD mn), Foreign Exchange Reserves: Months of Import (NA), Debt Service Ratio: Private Non-Financial Sector (%), Credit to Private Non-Financial Sector (USD bn), Economic Policy Uncertainty Index (Index), Composite Index: Performance of Manufacturing Index: sa (Point), Australia Imports: cif: Emerging and Developing Economies: Europe: CIS: Kazakhst (USD mn), Australia Imports: cif: Emerging and Developing Economies: Europe: CIS: Kyrgyz R (USD mn), Australia Imports: cif: Emerging and Developing Economies: Europe: Emerging and (USD mn), Australia Imports: cif: Emerging and Developing Economies: Europe: CIS: Moldova (USD mn), Australia Imports: cif: Emerging and Developing Economies: Europe: CIS: Russia (USD mn), Australia Imports: cif: Emerging and Developing Economies: Europe: CIS: Tajikist (USD mn), Australia Imports: cif: Emerging and Developing Economies: Emerging and Developi (USD mn), Australia Imports: cif: Emerging and Developing Economies: Europe: CIS: Turkmeni (USD mn), Australia Imports: cif: Emerging and Developing Economies: Europe: CIS: Ukraine (USD mn), Australia Imports: cif: Emerging and Developing Economies: Europe: CIS: Uzbekist (USD mn), Australia Imports: cif: Other Countries Not Elsewhere Classified: Cuba (USD mn), Australia Imports: cif: Advanced Economies: Czech Republic (USD mn), Australia Imports: cif: Advanced Economies: Slovak Republic (USD mn), Australia Imports: cif: Advanced Economies: Estonia (USD mn), Australia Imports: cif: Advanced Economies: Latvia (USD mn), Australia Imports: cif: Advanced Economies: Lithuania (USD mn), Australia Imports: cif: Other Countries Not Elsewhere Classified: North Korea (USD mn), Australia Imports: cif: Advanced Economies: Slovenia (USD mn), Australia Imports: cif: European Union (USD mn), Australia Imports: fob: Advanced Economies: United States (USD mn), Australia Imports: fob: Advanced Economies: United Kingdom (USD mn), Australia Imports: fob: Advanced Economies: Austria (USD mn), Australia Imports: fob: Advanced Economies: Belgium (USD mn), Australia Imports: fob: Advanced Economies: Denmark (USD mn), Australia Imports: fob: Advanced Economies: France (USD mn), Australia Imports: fob: Advanced Economies: Germany (USD mn), Australia Imports: fob: Advanced Economies: Italy (USD mn), Australia Imports: fob: Advanced Economies: Luxembourg (USD mn), Australia Imports: fob: Advanced Economies: Netherlands (USD mn), Australia Imports: fob: Advanced Economies: Norway (USD mn), Australia Imports: fob: Advanced Economies: Sweden (USD mn), Australia Imports: fob: Advanced Economies: Switzerland (USD mn), Australia Imports: fob: Advanced Economies: Canada (USD mn), Australia Imports: fob: Advanced Economies: Japan (USD mn), Australia Imports: fob: Emerging and Developing Economies: Europe (USD mn), Australia Imports: fob: Advanced Economies: Finland (USD mn), Australia Imports: fob: Advanced Economies: Greece (USD mn), Australia Imports: fob: Advanced Economies: Iceland (USD mn), Australia Imports: fob: Advanced Economies: Ireland (USD mn), Australia Imports: fob: Advanced Economies: Malta (USD mn), Australia Imports: fob: Advanced Economies: Portugal (USD mn), Australia Imports: fob: Advanced Economies: Spain (USD mn), Australia Imports: fob: Emerging and Developing Economies: Europe: Emerging and (USD mn), Australia Imports: fob: Advanced Economies: New Zealand (USD mn), Australia Imports: fob: Emerging and Developing Economies: Sub-Saharan Africa: S (USD mn), Australia Imports: fob: Emerging and Developing Economies: Western Hemisphere: A (USD mn), Australia Imports: fob: Emerging and Developing Economies: Western Hemisphere: B (USD mn), Australia Imports: fob: Emerging and Developing Economies: Western Hemisphere: C (USD mn), Australia Imports: fob: Emerging and Developing Economies: Western Hemisphere: D (USD mn), Australia Imports: fob: Emerging and Developing Economies: Western Hemisphere: E (USD mn), Australia Imports: fob: Emerging and Developing Economies: Western Hemisphere: G (USD mn), Australia Imports: fob: Emerging and Developing Economies: Western Hemisphere: H (USD mn), Australia Imports: fob: Emerging and Developing Economies: Western Hemisphere: M (USD mn), Australia Imports: fob: Emerging and Developing Economies: Western Hemisphere: N (USD mn), Australia Imports: fob: Emerging and Developing Economies: Western Hemisphere: P (USD mn), Australia Imports: fob: Emerging and Developing Economies: Western Hemisphere: U (USD mn), Australia Imports: fob: Emerging and Developing Economies: Western Hemisphere: V (USD mn), Australia Imports: fob: Emerging and Developing Economies: Western Hemisphere: F (USD mn), Australia Imports: fob: Emerging and Developing Economies: Western Hemisphere: J (USD mn), Australia Imports: fob: Emerging and Developing Economies: Western Hemisphere: S (USD mn), Australia Imports: fob: Emerging and Developing Economies: Western Hemisphere: T (USD mn), Australia Imports: fob: Emerging and Developing Economies: Western Hemisphere: W (USD mn), Australia Imports: fob: Emerging and Developing Economies: Middle East, North Af (USD mn), Australia Imports: fob: Advanced Economies: Cyprus (USD mn), Australia Imports: fob: Advanced Economies: Israel (USD mn), Balance of Payments: Capital and Financial Account, Balance of Payments: Current Account: Forecast: OECD Member: Quarterly, BPM5: Balance of Payment: Current Account: Goods, BPM6: Balance of Payment: Current Account: Income, BPM6: Balance of Payment: Financial Account, BPM6: Balance of Payments: Analytical Presentation, BPM6: Balance of Payments: Detailed Presentation, Government Accounts: General Government: Forecast: OECD Member: Annual, Gross Domestic Product: Real: Seasonally Adjusted: OECD Member: Quarterly, Insolvency Statistics: Companies Entering External Administration, Insolvency Statistics: Debtors Entering New Administrations: Fortnightly, Personal Insolvency Statistics: Not in Business or Not Stated: Quarterly, Private New Capital Expenditure: Chain Volume: Actual, Private New Capital Expenditure: Financial Year Estimates, Balance of Payments: Current Account: USD: Forecast: OECD Member: Annual, BPM6: Balance of Payment: Current Account: Goods, BPM6: Balance of Payment: Current Account: Services, BPM6: Balance of Payments: Analytical Presentation: Annual, BPM6: Balance of Payments: Detailed Presentation: Annual, BPM6: 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