8. What is Australia's current account balance? Australia's Current Account Assumptions (millions of U.S.$) 1998 1999 2000

8. What is Australia's current account balance?

Transcribed Image Text:

Australia's Current Account Assumptions (millions of U.S.$) 1998 1999 2000 2001 2002 2003 2004 2005 Goods: exports 55,884 56,096 64.052 63,676 65,099 70,577 87,207 106,969 Goods: imports 61,215 65,857 68,865 61,890 70530 85,946 105.238 120,372 Services: credit 16,181 17.399 18,677 16,689 17.906 21,205 26,362 28,442 Services debit 7,272 18,330 18388 16,948 18,107 21,638 27040 29,360 Income: credit 6,532 7.394 8,984 8,063 8,194 9.457 13,969 16,969 Income: debit 7,842 18,968 19,516 18,332 19,884 24.245 35,057 43.746 Current transfers: credit 2,651 3,003 2,622 2,242 2,310 2,767 3.145 3,262 Current transfers: debit 2.933 3.032 2,669 2,221 2373 2,851 3.414 3.625