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 | -3.4 | 1.5 | -5.5 | |
| 2007-08 | -5.2 | 4.7 | 7.6 | -1.2 | -2.6 | -2.6 | 1.0 | -6.3 | |
Seasonally adjusted | |
| |
| 2006-2007 | | | | | | | | | |
| December | -6.0 | 3.9 | 6.1 | -0.7 | -2.6 | -3.4 | 1.4 | -5.3 | |
| March | -5.9 | 4.1 | 6.6 | -0.7 | -2.6 | -3.5 | 1.2 | -5.5 | |
| June | -5.8 | 4.4 | 7.1 | -0.8 | -2.5 | -3.5 | 1.4 | -5.7 | |
| 2007-2008 | | | | | | | | | |
| September | -5.5 | 4.7 | 7.5 | -0.9 | -2.4 | -3.5 | 1.3 | -6.0 | |
| December | -5.3 | 4.8 | 7.5 | -1.2 | -2.4 | -2.8 | 0.9 | -6.3 | |
| March | -5.1 | 4.8 | 7.6 | -1.3 | -2.6 | -2.2 | 0.9 | -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 | 7.2 | -1.8 | -2.9 | -1.6 | 1.2 | -5.4 | |
| December | 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 | 64.7 | 184.6 | -43.2 | -20.7 | -87.4 | 49.8 | 123.8 | -45.6 | -10.4 | -4.4 | |
| 2006-07 | -827.2 | 80.8 | 240.6 | -52.0 | -18.1 | -156.4 | 41.0 | 235.2 | -64.4 | -10.3 | -4.3 | |
| 2007-08 | -837.5 | 80.1 | 298.5 | -86.9 | -13.5 | -192.2 | 43.2 | 247.7 | -89.3 | -19.1 | -3.5 | |
Seasonally adjusted (US $ billion) | |
| |
| 2007-2008 | | | | | | | | | | | | |
| October | -67.7 | 9.0 | 23.7 | -6.5 | -1.4 | -16.2 | 3.5 | 20.8 | -6.0 | -2.1 | -0.1 | |
| November | -71.7 | 7.6 | 25.6 | -7.6 | -0.9 | -16.9 | 3.0 | 20.3 | -7.1 | -1.7 | -0.1 | |
| December | -69.5 | 5.7 | 24.3 | -7.3 | -2.6 | -15.4 | 1.9 | 19.9 | -6.9 | -1.1 | -0.1 | |
| January | -70.2 | 8.2 | 24.1 | -6.8 | -1.1 | -16.0 | 2.6 | 21.5 | -7.5 | -2.4 | -0.1 | |
| February | -72.5 | 6.1 | 24.2 | -5.8 | 0.8 | -15.6 | 5.1 | 18.1 | -7.7 | -3.2 | 0.0 | |
| March | -68.4 | 6.6 | 25.8 | -7.7 | -1.6 | -15.5 | 3.9 | 19.6 | -9.5 | -1.6 | -0.5 | |
| April | -73.0 | 5.7 | 27.9 | -9.3 | -1.9 | -15.2 | 6.8 | 20.9 | -9.0 | -0.6 | -0.5 | |
| May | -72.1 | 4.5 | 24.6 | -8.3 | -0.1 | -15.7 | 4.5 | 19.8 | -9.5 | -1.4 | -0.7 | |
| June | -71.3 | 1.0 | 26.8 | -9.6 | -1.4 | -16.6 | 4.3 | 18.2 | -9.7 | -0.8 | -0.3 | |
| 2008-2009 | | | | | | | | | | | | |
| July | -74.1 | 0.8 | 21.4 | -11.0 | -1.3 | -16.2 | 6.3 | 23.0 | -10.0 | -1.3 | -0.5 | |
| August | -71.1 | -2.3 | 22.9 | -9.6 | -3.3 | -14.8 | 4.8 | 26.5 | -14.1 | 0.7 | -0.3 | |
| September | -69.5 | -0.3 | 20.3 | -9.1 | -2.0 | -13.6 | 4.5 | 28.5 | -10.7 | 1.2 | -0.6 | |
| October | -69.8 | -2.5 | 19.7 | -9.1 | -2.0 | -13.1 | 4.0 | 25.6 | nya | 2.5 | -0.2 | |
| November | nya | -3.8 | nya | nya | nya | nya | nya | nya | nya | nya | -0.1 | |
| December | 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. |
