Australia - Imports of goods and services

Imports of goods and services (BoP, current US$)

The latest value for Imports of goods and services (BoP, current US$) in Australia was $249,850,000,000 as of 2020. Over the past 31 years, the value for this indicator has fluctuated between $333,428,000,000 in 2012 and $52,679,880,000 in 1991.

Definition: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1989 $53,992,660,000
1990 $53,371,200,000
1991 $52,679,880,000
1992 $55,168,880,000
1993 $56,603,070,000
1994 $66,750,320,000
1995 $75,423,010,000
1996 $80,376,140,000
1997 $82,747,230,000
1998 $79,601,560,000
1999 $84,902,580,000
2000 $88,268,060,000
2001 $79,477,680,000
2002 $89,216,900,000
2003 $108,505,000,000
2004 $134,091,000,000
2005 $152,262,000,000
2006 $170,030,000,000
2007 $205,831,000,000
2008 $246,426,000,000
2009 $205,141,000,000
2010 $254,064,000,000
2011 $311,577,000,000
2012 $333,428,000,000
2013 $320,667,000,000
2014 $309,575,000,000
2015 $270,881,000,000
2016 $261,288,000,000
2017 $289,859,000,000
2018 $310,664,000,000
2019 $295,504,000,000
2020 $249,850,000,000

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in Australia was $266,306,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $335,599,000,000 in 2013 and $2,512,039,000 in 1962.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $2,611,715,000
1961 $2,952,178,000
1962 $2,512,039,000
1963 $2,974,577,000
1964 $3,270,243,000
1965 $3,959,010,000
1966 $4,124,762,000
1967 $4,222,197,000
1968 $4,730,653,000
1969 $4,882,966,000
1970 $5,455,258,000
1971 $5,839,400,000
1972 $6,220,794,000
1973 $7,022,422,000
1974 $11,737,660,000
1975 $14,315,170,000
1976 $14,038,820,000
1977 $16,144,760,000
1978 $17,265,960,000
1979 $20,687,270,000
1980 $23,827,300,000
1981 $29,570,420,000
1982 $32,610,620,000
1983 $27,658,400,000
1984 $28,996,560,000
1985 $31,190,460,000
1986 $32,912,700,000
1987 $32,314,720,000
1988 $39,231,660,000
1989 $50,821,600,000
1990 $53,061,180,000
1991 $52,681,110,000
1992 $53,341,540,000
1993 $55,746,910,000
1994 $59,676,240,000
1995 $73,019,750,000
1996 $77,631,260,000
1997 $82,133,350,000
1998 $81,674,020,000
1999 $80,794,580,000
2000 $89,664,630,000
2001 $83,770,520,000
2002 $82,018,620,000
2003 $98,900,410,000
2004 $121,992,000,000
2005 $145,658,000,000
2006 $162,451,000,000
2007 $186,601,000,000
2008 $239,705,000,000
2009 $211,106,000,000
2010 $238,004,000,000
2011 $285,347,000,000
2012 $335,171,000,000
2013 $335,599,000,000
2014 $313,693,000,000
2015 $291,126,000,000
2016 $260,015,000,000
2017 $274,856,000,000
2018 $307,313,000,000
2019 $301,710,000,000
2020 $266,306,000,000

Imports of goods and services (current LCU)

The value for Imports of goods and services (current LCU) in Australia was 397,276,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 421,851,000,000 in 2019 and a minimum value of 2,243,000,000 in 1962.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 2,332,000,000
1961 2,636,000,000
1962 2,243,000,000
1963 2,656,000,000
1964 2,920,000,000
1965 3,535,000,000
1966 3,683,000,000
1967 3,770,000,000
1968 4,224,000,000
1969 4,360,000,000
1970 4,871,000,000
1971 5,214,000,000
1972 5,325,000,000
1973 5,481,000,000
1974 7,964,000,000
1975 10,483,000,000
1976 11,137,000,000
1977 14,075,000,000
1978 15,308,000,000
1979 18,211,000,000
1980 21,385,000,000
1981 25,469,000,000
1982 29,555,000,000
1983 29,553,000,000
1984 32,018,000,000
1985 40,663,000,000
1986 47,052,000,000
1987 48,834,000,000
1988 53,920,000,000
1989 62,414,000,000
1990 68,953,000,000
1991 67,121,000,000
1992 69,360,000,000
1993 79,339,000,000
1994 86,262,000,000
1995 98,343,000,000
1996 102,318,000,000
1997 104,950,000,000
1998 120,412,000,000
1999 128,932,000,000
2000 142,773,000,000
2001 156,098,000,000
2002 156,754,000,000
2003 169,812,000,000
2004 171,497,000,000
2005 193,754,000,000
2006 216,969,000,000
2007 237,674,000,000
2008 267,751,000,000
2009 286,724,000,000
2010 270,206,000,000
2011 289,427,000,000
2012 325,049,000,000
2013 327,108,000,000
2014 341,706,000,000
2015 349,904,000,000
2016 357,209,000,000
2017 364,432,000,000
2018 396,464,000,000
2019 421,851,000,000
2020 397,276,000,000

Imports of goods and services (constant 2010 US$)

The latest value for Imports of goods and services (constant 2010 US$) in Australia was 302,217,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 327,311,000,000 in 2019 and 11,287,610,000 in 1962.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 11,699,920,000
1961 13,164,310,000
1962 11,287,610,000
1963 13,243,430,000
1964 14,731,400,000
1965 17,542,280,000
1966 18,025,330,000
1967 18,329,620,000
1968 20,141,670,000
1969 20,836,210,000
1970 22,572,940,000
1971 23,265,960,000
1972 21,410,550,000
1973 21,680,610,000
1974 28,257,060,000
1975 28,984,310,000
1976 27,563,280,000
1977 30,187,020,000
1978 28,772,830,000
1979 31,094,560,000
1980 31,125,750,000
1981 34,068,990,000
1982 38,009,530,000
1983 34,801,570,000
1984 36,885,950,000
1985 43,024,220,000
1986 42,922,280,000
1987 40,893,440,000
1988 45,482,880,000
1989 56,800,160,000
1990 59,990,630,000
1991 56,562,050,000
1992 58,540,690,000
1993 62,401,360,000
1994 67,082,090,000
1995 78,045,630,000
1996 81,703,190,000
1997 89,787,390,000
1998 98,986,820,000
1999 104,048,000,000
2000 116,583,000,000
2001 115,447,000,000
2002 117,005,000,000
2003 132,446,000,000
2004 150,325,000,000
2005 169,115,000,000
2006 183,424,000,000
2007 202,434,000,000
2008 231,758,000,000
2009 223,155,000,000
2010 238,653,000,000
2011 263,542,000,000
2012 293,326,000,000
2013 295,372,000,000
2014 286,771,000,000
2015 291,126,000,000
2016 290,178,000,000
2017 305,405,000,000
2018 326,651,000,000
2019 327,311,000,000
2020 302,217,000,000

Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in Australia was -7.67 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 30.33 in 1974 and a minimum value of -14.26 in 1962.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 12.52
1962 -14.26
1963 17.33
1964 11.24
1965 19.08
1966 2.75
1967 1.69
1968 9.89
1969 3.45
1970 8.34
1971 3.07
1972 -7.97
1973 1.26
1974 30.33
1975 2.57
1976 -4.90
1977 9.52
1978 -4.68
1979 8.07
1980 0.10
1981 9.46
1982 11.57
1983 -8.44
1984 5.99
1985 16.64
1986 -0.24
1987 -4.73
1988 11.22
1989 24.88
1990 5.62
1991 -5.72
1992 3.50
1993 6.59
1994 7.50
1995 16.34
1996 4.69
1997 9.89
1998 10.25
1999 5.11
2000 12.05
2001 -0.97
2002 1.35
2003 13.20
2004 13.50
2005 12.50
2006 8.46
2007 10.36
2008 14.49
2009 -3.71
2010 6.94
2011 10.43
2012 11.30
2013 0.70
2014 -2.91
2015 1.52
2016 -0.33
2017 5.25
2018 6.96
2019 0.20
2020 -7.67

Imports of goods and services (constant LCU)

The value for Imports of goods and services (constant LCU) in Australia was 397,276,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 430,263,000,000 in 2019 and a minimum value of 14,838,000,000 in 1962.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 15,380,000,000
1961 17,305,000,000
1962 14,838,000,000
1963 17,409,000,000
1964 19,365,000,000
1965 23,060,000,000
1966 23,695,000,000
1967 24,095,000,000
1968 26,477,000,000
1969 27,390,000,000
1970 29,673,000,000
1971 30,584,000,000
1972 28,145,000,000
1973 28,500,000,000
1974 37,145,000,000
1975 38,101,000,000
1976 36,233,000,000
1977 39,682,000,000
1978 37,823,000,000
1979 40,875,000,000
1980 40,916,000,000
1981 44,785,000,000
1982 49,965,000,000
1983 45,748,000,000
1984 48,488,000,000
1985 56,557,000,000
1986 56,423,000,000
1987 53,756,000,000
1988 59,789,000,000
1989 74,666,000,000
1990 78,860,000,000
1991 74,353,000,000
1992 76,954,000,000
1993 82,029,000,000
1994 88,182,000,000
1995 102,594,000,000
1996 107,402,000,000
1997 118,029,000,000
1998 130,122,000,000
1999 136,775,000,000
2000 153,253,000,000
2001 151,760,000,000
2002 153,807,000,000
2003 174,106,000,000
2004 197,608,000,000
2005 222,308,000,000
2006 241,118,000,000
2007 266,107,000,000
2008 304,655,000,000
2009 293,346,000,000
2010 313,718,000,000
2011 346,436,000,000
2012 385,588,000,000
2013 388,278,000,000
2014 376,971,000,000
2015 382,696,000,000
2016 381,450,000,000
2017 401,467,000,000
2018 429,396,000,000
2019 430,263,000,000
2020 397,276,000,000

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Australia was 20.06 as of 2020. Its highest value over the past 60 years was 22.75 in 2009, while its lowest value was 11.00 in 1973.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 14.04
1961 15.00
1962 12.61
1963 13.81
1964 13.74
1965 15.24
1966 15.10
1967 13.87
1968 14.46
1969 13.31
1970 13.20
1971 12.91
1972 11.95
1973 11.00
1974 13.19
1975 14.71
1976 13.36
1977 14.63
1978 14.57
1979 15.33
1980 15.88
1981 16.71
1982 16.80
1983 15.60
1984 14.98
1985 17.27
1986 18.05
1987 17.06
1988 16.62
1989 16.95
1990 17.04
1991 16.16
1992 16.39
1993 17.86
1994 18.49
1995 19.85
1996 19.36
1997 18.87
1998 20.45
1999 20.76
2000 21.58
2001 22.10
2002 20.75
2003 21.16
2004 19.86
2005 20.96
2006 21.73
2007 21.85
2008 22.72
2009 22.75
2010 20.74
2011 20.41
2012 21.67
2013 21.29
2014 21.38
2015 21.56
2016 21.55
2017 20.71
2018 21.51
2019 21.68
2020 20.06

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments