Australia’s Current Account Deficit (via Hiroko’s Econ Blog)

AMAAAAAAZING! Nice blog post!

Australia's Current Account Deficit Through looking at the above graph, it is evident that Australia has been in deficit for at least the past 20 years. There are great fluctuations which show that there are periods of time in which Australia's current account balance has moved closer to 0 however, it is still in the negatives meaning it is still in a deficit. Also, when looking at the IMF's predicted current account balance figures, it can be seen that they are predicting Australi … Read More

via Hiroko's Econ Blog

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