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 | -0.6 | -2.5 | -3.4 | 1.5 | -5.5 |
| 2007-08 | -5.2 | 4.7 | 7.6 | -1.1 | -2.6 | -2.6 | 1.0 | -6.3 |
Seasonally adjusted |
|
| 2006-2007 |  | | | | | | | |
| December | -6.0 | 3.9 | 6.1 | -0.5 | -2.6 | -3.4 | 1.4 | -5.3 |
| March | -5.9 | 4.1 | 6.6 | -0.6 | -2.6 | -3.5 | 1.2 | -5.5 |
| June | -5.8 | 4.4 | 7.1 | -0.7 | -2.5 | -3.5 | 1.4 | -5.7 |
| 2007-2008 | | | | | | | | |
| September | -5.5 | 4.7 | 7.5 | -0.8 | -2.4 | -3.5 | 1.3 | -6.0 |
| December | -5.3 | 4.8 | 7.5 | -1.0 | -2.4 | -2.8 | 0.9 | -6.3 |
| March | -5.1 | 4.8 | 7.6 | -1.2 | -2.6 | -2.2 | 1.0 | -6.5 |
| June | -4.9 | 4.5 | 7.6 | -1.5 | -2.8 | -2.0 | 1.0 | -6.2 |
| 2008-2009 | | | | | | | | |
| September | -4.9 | 3.9 | 7.3 | -1.9 | -3.0 | -1.6 | 1.2 | -5.4 |
| December | nya | 3.2 | 6.5 | -2.0 | nya | nya | 0.6 | -4.3 |
|
| 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 | 64.7 | 184.7 | -44.0 | -21.1 | -87.4 | 50.2 | 123.8 | -45.6 | -10.4 | -4.4 |
| 2006-07 | -827.2 | 80.8 | 240.4 | -52.7 | -17.7 | -156.4 | 41.5 | 235.2 | -64.4 | -10.2 | -4.3 |
| 2007-08 | -840.6 | 80.9 | 298.1 | -87.8 | -13.6 | -191.9 | 44.0 | 245.9 | -89.3 | -19.1 | -3.5 |
Seasonally adjusted (US $ billion) |
|
| 2007-2008 | | | | | | | | | | | |
| November | -71.7 | 7.6 | 26.0 | -6.9 | -0.7 | -16.9 | 3.6 | 20.3 | -7.1 | -1.8 | -0.2 |
| December | -69.5 | 5.7 | 24.4 | -7.7 | -2.6 | -15.4 | 2.2 | 19.9 | -6.9 | -1.4 | -0.1 |
| January | -70.7 | 8.7 | 24.1 | -7.9 | -1.4 | -16.0 | 3.0 | 21.4 | -7.5 | -2.5 | -0.1 |
| February | -73.0 | 6.1 | 24.1 | -6.3 | 0.7 | -15.6 | 5.4 | 17.7 | -7.7 | -2.9 | -0.1 |
| March | -68.9 | 6.7 | 25.6 | -7.9 | -1.4 | -15.5 | 4.0 | 19.3 | -9.5 | -1.5 | -0.6 |
| April | -73.5 | 6.0 | 27.7 | -9.1 | -2.0 | -15.3 | 6.9 | 20.6 | -9.0 | -0.7 | -0.4 |
| May | -72.6 | 4.6 | 24.3 | -8.4 | -0.3 | -15.6 | 4.5 | 19.4 | -9.5 | -1.0 | -0.6 |
| June | -71.8 | 0.8 | 26.6 | -9.6 | -1.0 | -16.5 | 4.3 | 17.9 | -9.7 | -0.6 | -0.3 |
| 2008-2009 | | | | | | | | | | | |
| July | -74.6 | 0.4 | 21.1 | -10.7 | -1.4 | -16.0 | 6.1 | 23.0 | -10.0 | -0.8 | -0.4 |
| August | -71.6 | -3.2 | 22.5 | -9.2 | -3.1 | -14.6 | 4.6 | 26.7 | -14.1 | 1.0 | -0.3 |
| September | -70.1 | -0.8 | 19.9 | -8.2 | -1.9 | -13.5 | 4.2 | 28.5 | -10.7 | 1.3 | -0.6 |
| October | -69.6 | -2.2 | 19.2 | -10.1 | -1.8 | -12.4 | 3.2 | 25.6 | -8.9 | 2.0 | -0.3 |
| November | -53.3 | -4.0 | 15.0 | -8.1 | -1.8 | -12.4 | 1.2 | 36.6 | -10.2 | 0.7 | -0.2 |
| December | -51.6 | -1.6 | 14.3 | -5.8 | -0.9 | -10.0 | 0.9 | 35.7 | nya | 0.5 | -0.2 |
| January | 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 Democratic Republic. |
| Source: Organisation for Economic Co-operation and Development, OECD. |
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