Search results

It is better to measure the current account deficit comparing it to GDP, for example NZ was much worse then Australia for the last few years. Also it is better to look at not just last data as account depends a lot of temporary factors, for example high commodity prices effect positively...

yes, but also a drop in the AU$ would effect the income account and even on how much debt is in AU$ or US$ effect the income account, gdp growth and population numbers effect the income account. But in the long term the trade numbers are the one that form the net foreign debt and the current...

The oecd account has been negative as I presume most of non OECD countries do a lot of export like in mining and oil. If you want to play with charts I attach also the trade data (which I believe it is more meaningful as with account data you get lots of short term factor like exchange rate and...

here you go, I thought NZ and Iceland where the worse but Australia is a good match. Well Portugal and Greece had pretty bad numbers but the data is not going backto 1990 like For most country. Spain and USA like AUS and NZ are the main one that has all the way negative data (but at least...

THe current account data come out every quarter and the last one for the 1st quarter was out last monday at a quite big negative number of -16.6 bil$ (-18.5 bil$ the quarter before that). Chances to have a positive account are zero. Australia didn't have one single positive quarter in the last...

The trade surplus come as no surprise as In April Iron ore price reset, 2 years ago we had surplus too starting from April, last year we had a drop starting from April, this year another surplus, the differece this time is that contract are only valid for 3 months and iron ore like copper and...