OVERSEAS COMPARISONS
Balance on current account, (from Table 10.2) Proportion of GDP

Balance on current account, Percentage of seasonally adjusted GDP(a) |
|  |
Period | United States | Japan | Germany | France | Italy | United Kingdom | Canada | Australia |  |
Annual |  |
|  |
2005-06 | -5.9 | 3.7 | 5.1 | -0.6 | -1.8 | -2.7 | 1.9 | -5.7 |  |
2006-07 | -6.0 | 4.1 | 6.3 | -0.7 | -2.5 | -4.0 | 1.5 | -5.6 |  |
2007-08 | nya | nya | nya | nya | nya | nya | nya | nya |  |
Seasonally adjusted |  |
|  |
2005-2006 |  |  |  |  |  |  |  |  |  |
 | June | -6.0 | 3.8 | 5.2 | -0.7 | -2.1 | -3.5 | 2.1 | -5.6 |  |
2006-2007 |  |  |  |  |  |  |  |  |  |
 | September | -6.3 | 3.8 | 5.3 | -0.8 | -2.5 | -3.6 | 1.8 | -5.5 |  |
 | December | -6.0 | 3.9 | 6.1 | -0.7 | -2.6 | -3.9 | 1.4 | -5.5 |  |
 | March | -5.9 | 4.1 | 6.7 | -0.7 | -2.6 | -4.2 | 1.2 | -5.6 |  |
 | June | -5.8 | 4.4 | 7.2 | -0.8 | -2.5 | -4.3 | 1.4 | -5.7 |  |
2007-2008 |  |  |  |  |  |  |  |  |  |
 | September | -5.5 | 4.7 | 7.7 | -0.9 | -2.4 | -4.6 | 1.3 | -5.9 |  |
 | December | -5.3 | 4.8 | 7.7 | -1.2 | -2.4 | -4.3 | 0.9 | -6.1 |  |
 | March | -5.1 | 4.8 | 7.7 | -1.3 | -2.6 | -3.6 | 1.0 | -6.4 |  |
 | June | nya | nya | nya | nya | nya | nya | nya | nya |  |
|  |
nya not yet available |
(a) Statistics are calculated as the original balance on current account as a percentage of the seasonally adjusted current price gross domestic product, except for Japan and Germany, where real gross national product replaces gross domestic product. |
Source: Organisation for Economic Co-operation and Development, OECD. |
Balance of payments(a)(b), Current balance |
|  |
Period | United States | Japan | Germany | France | Italy | United Kingdom | Canada | China | India | Australia | New Zealand |  |
Annual (US $ billion) |  |
|  |
2005-06 | -834.5 | 64.8 | 184.9 | -43.9 | -21.2 | -87.4 | 49.8 | 123.3 | -45.6 | -10.4 | -4.4 |  |
2006-07 | -827.2 | 80.9 | 242.9 | -50.2 | -18.2 | -156.6 | 41.2 | 234.5 | -64.7 | -10.3 | -4.3 |  |
2007-08 | nya | 79.5 | nya | nya | nya | nya | nya | nya | nya | -19.6 | nya |  |
Seasonally adjusted (US $ billion) |  |
|  |
2006-2007 |  |  |  |  |  |  |  |  |  |  |  |  |
 | May | -68.5 | 6.2 | 23.4 | -4.6 | -1.2 | -14.6 | 4.7 | 22.1 | -5.9 | -1.2 | -0.4 |  |
 | June | -68.7 | 7.2 | 21.3 | -4.8 | 0.4 | -14.8 | 4.4 | 26.7 | -8.5 | -1.6 | -0.5 |  |
2007-2008 |  |  |  |  |  |  |  |  |  |  |  |  |
 | July | -67.8 | 7.4 | 23.6 | -6.7 | -1.7 | -16.0 | 2.7 | 22.0 | -5.5 | -0.9 | -0.5 |  |
 | August | -66.7 | 9.7 | 21.0 | -5.1 | -2.2 | -15.8 | 3.3 | 22.1 | -6.4 | -1.5 | -0.3 |  |
 | September | -66.7 | 9.0 | 25.7 | -5.2 | -0.7 | -16.9 | 1.8 | 26.6 | -4.1 | -1.9 | -0.3 |  |
 | October | -67.7 | 8.7 | 23.9 | -5.9 | -1.5 | -16.2 | 3.5 | 21.3 | -6.2 | -2.1 | -0.1 |  |
 | November | -71.7 | 7.2 | 25.3 | -7.0 | -0.7 | -17.0 | 3.0 | 18.6 | -7.2 | -1.7 | -0.1 |  |
 | December | -69.5 | 5.2 | 24.2 | -6.5 | -2.0 | -15.5 | 1.8 | 20.0 | -6.5 | -1.1 | -0.1 |  |
 | January | -70.2 | 7.5 | 24.9 | -7.8 | -0.9 | -16.1 | 2.7 | 21.5 | -7.3 | -2.4 | -0.1 |  |
 | February | -72.5 | 5.6 | 24.9 | -6.1 | 1.1 | -15.6 | 5.1 | 15.3 | -7.3 | -3.2 | 0.0 |  |
 | March | -68.4 | 6.7 | 26.2 | -7.6 | -0.8 | -15.3 | 4.0 | 18.4 | -8.7 | -1.7 | -0.5 |  |
 | April | -73.0 | 6.1 | 28.7 | -9.2 | -1.4 | -15.2 | 6.5 | 22.4 | -9.2 | -0.7 | -0.5 |  |
 | May | -72.5 | 5.0 | 24.1 | -8.1 | -1.0 | -15.9 | 4.1 | 19.9 | nya | -1.8 | -0.7 |  |
 | June | nya | 1.3 | nya | nya | nya | nya | nya | nya | nya | -0.7 | nya |  |
2008-2009 |  |  |  |  |  |  |  |  |  |  |  |  |
 | July | nya | nya | nya | nya | nya | nya | nya | nya | nya | nya | nya |  |
|  |
nya not yet available |
(a) All series are exports (fob) less imports (cif) except for Canada and Australia where imports are also fob. Data are measured on a foreign trade basis. |
(b) Excludes trade with the German Domestic Republic. |
Source: Organisation for Economic Co-operation and Development, OECD. |