Foreign assets in Australia
Australia: Foreign assets was 2.35 trillion real chained 2019 US$ in 2020. ◆ Volatile
Latest (2020)
2.35 trillion real chained 2019 US$
Change on year
up 11.3%
World rank
16th
of 150 countries
All-time high
2.35 trillion real chained 2019 US$
in 2020
All-time low
248.55 billion real chained 2019 US$
in 1995
Years of data
26
1995–2020
Foreign assets in Australia, 1995–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
In 2020, foreign assets in Australia stood at 2.35 trillion real chained 2019 US$. That is the highest value across all 26 years on record.
The figure is up 11.3% on the previous year and up 47.1% over ten years.
Over the whole period, foreign assets in Australia peaked at 2.35 trillion real chained 2019 US$ in 2020 and was at its lowest, 248.55 billion real chained 2019 US$, in 1995.
Australia ranks 16th of 150 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign assets in Australia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 248.55 billion real chained 2019 US$ | — |
| 1996 | 289.85 billion real chained 2019 US$ | +16.6% |
| 1997 | 313.37 billion real chained 2019 US$ | +8.1% |
| 1998 | 333.24 billion real chained 2019 US$ | +6.3% |
| 1999 | 411.43 billion real chained 2019 US$ | +23.5% |
| 2000 | 393.46 billion real chained 2019 US$ | -4.4% |
| 2001 | 421.56 billion real chained 2019 US$ | +7.1% |
| 2002 | 461.01 billion real chained 2019 US$ | +9.4% |
| 2003 | 645.21 billion real chained 2019 US$ | +40.0% |
| 2004 | 776.43 billion real chained 2019 US$ | +20.3% |
| 2005 | 821.47 billion real chained 2019 US$ | +5.8% |
| 2006 | 1.06 trillion real chained 2019 US$ | +29.3% |
| 2007 | 1.33 trillion real chained 2019 US$ | +25.4% |
| 2008 | 1.01 trillion real chained 2019 US$ | -23.9% |
| 2009 | 1.36 trillion real chained 2019 US$ | +34.2% |
| 2010 | 1.59 trillion real chained 2019 US$ | +17.2% |
| 2011 | 1.57 trillion real chained 2019 US$ | -1.5% |
| 2012 | 1.74 trillion real chained 2019 US$ | +10.8% |
| 2013 | 1.73 trillion real chained 2019 US$ | -0.4% |
| 2014 | 1.80 trillion real chained 2019 US$ | +3.8% |
| 2015 | 1.71 trillion real chained 2019 US$ | -4.8% |
| 2016 | 1.77 trillion real chained 2019 US$ | +3.2% |
| 2017 | 1.96 trillion real chained 2019 US$ | +11.1% |
| 2018 | 1.87 trillion real chained 2019 US$ | -4.6% |
| 2019 | 2.11 trillion real chained 2019 US$ | +12.6% |
| 2020 | 2.35 trillion real chained 2019 US$ | +11.3% |
Australia compared with similar countries
- Australia's 2.35 trillion real chained 2019 US$ is above the median for high income countries, which is 757.71 billion real chained 2019 US$, 3.1× the median. (51 countries reporting)
- Australia's 2.35 trillion real chained 2019 US$ is above the median for East Asia & Pacific, which is 311.90 billion real chained 2019 US$, 7.5× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 319.29 billion real chained 2019 US$ | 248.55 billion real chained 2019 US$ | 411.43 billion real chained 2019 US$ | 5 |
| 2000s | 828.84 billion real chained 2019 US$ | 393.46 billion real chained 2019 US$ | 1.36 trillion real chained 2019 US$ | 10 |
| 2010s | 1.79 trillion real chained 2019 US$ | 1.57 trillion real chained 2019 US$ | 2.11 trillion real chained 2019 US$ | 10 |
| 2020s | 2.35 trillion real chained 2019 US$ | 2.35 trillion real chained 2019 US$ | 2.35 trillion real chained 2019 US$ | 1 |
Countries ranked near Australia
- 13 Italy 3.64 trillion real chained 2019 US$ compare
- 14 Spain 2.82 trillion real chained 2019 US$ compare
- 15 Belgium 2.59 trillion real chained 2019 US$ compare
- 17 Norway 2.10 trillion real chained 2019 US$ compare
- 18 South Korea 1.96 trillion real chained 2019 US$ compare
- 19 Sweden 1.95 trillion real chained 2019 US$ compare
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.07 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 118.71 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 170.29 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 13.9 (2050)
Frequently asked questions
- What is foreign assets in Australia?
- Foreign assets in Australia was 2.35 trillion real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest foreign assets recorded in Australia?
- The highest recorded value was 2.35 trillion real chained 2019 US$ in 2020.
- What is the lowest foreign assets recorded in Australia?
- The lowest recorded value was 248.55 billion real chained 2019 US$ in 1995.
- How does Australia rank for foreign assets?
- Australia ranks 16th out of 150 countries with data for 2020.
- Is foreign assets rising or falling in Australia?
- Over the last ten years it is up 47.1%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Foreign assets (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net foreign assets is foreign assets minus foreign liabilities. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.