Australia - 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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts