Australia's Balance of Payments Summary

Source: Dukascopy Bank SA
In the December 2025 quarter, Australia recorded a current account deficit of $21.1 billion, driven mainly by a larger net primary income deficit of $21.7 billion. Primary income credits fell 3.0% while debits rose 3.3%. The goods and services balance remained steady with a surplus of $1,324 million, as goods exports rose 3.4% and services exports 2.6%, while imports increased slightly. The goods and services balance slightly reduced GDP growth by 0.1 percentage points, and the terms of trade rose 0.4%.



The capital and financial account showed a surplus of $8.0 billion, supported by a financial account surplus of $8.4 billion, driven by a $36.8 billion equity outflow offset by a $45.2 billion debt inflow. Australia's net international investment liability position fell by $25.2 billion to $638.5 billion, with net foreign equity assets of $842.7 billion and net foreign debt liabilities of $1,481.2 billion.
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