Australia Q4 Current Account Surplus A$955 Million




Australia had a seasonally adjusted current account surplus of A$955 million in the fourth quarter of 2019, the Australian Bureau of Statistics said on Tuesday - down 85 percent on year.


That was shy of expectations for a surplus of A$2.3 billion and down from A$6.5 billion in the three months prior.


The balance on goods and services surplus fell A$6.021 billion to A$13.893 billion. The primary income deficit fell A$626 million to A$12.498 billion.


The surplus on goods and services rose A$531 million from A$8.418 billion in the September quarter 2019 to A$8.949 billion in the December quarter 2019. This is expected to contribute 0.1 percentage points to growth in the December quarter 2019 volume measure of GDP.

Get in Touch

Talk to us today and explore the future with WooHoo AI Ireland

Camden Street Lower, St Kevin's, Dublin 2

Email. info@woohooai.com

Phone. +353 - 214 - 651- 000

© 2018 by WooHoo AI. An Emma & Ariel Production Proudly created and operated by Roche Fintech 634861 / WooHoo AI Ireland / 77 Camden Street Lower, St Kevin's, Dublin 2, Ireland D 02 XE 80 | +353-214-651-000 | info@woohooai.com

Code of Practice | Refund Policy | Warranty | Cookie Policy | Sale T&Cs | Privacy Policy | How it Works | FAQ | Customer Notifications