Australia: Tax revenue

* indicates monthly or quarterly data series
 Australia

Tax revenue, percent of GDP

 Latest value 23.60
 Year 2022
 Measure percent
 Data availability 1972 - 2022
 Average 21.89
 Min - Max 17.02 - 24.86
 Source The World Bank
The latest value from 2022 is 23.6 percent, an increase from 23.03 percent in 2021. In comparison, the world average is 17.41 percent, based on data from 94 countries. Historically, the average for Australia from 1972 to 2022 is 21.89 percent. The minimum value, 17.02 percent, was reached in 1973 while the maximum of 24.86 percent was recorded in 2001. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Australia - Tax revenue - Recent values chart

Historical series
Australia - Tax revenue - historical chart - 1972-2022




Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 21.33 2023 percent
 Government spending, in dollars 368.32 2023 billion U.S. dollars
 Fiscal balance, percent of GDP 0.40 2023 percent
 Government debt 50.26 2022 percent
 Government expenditure 161.58 Q4/2024 billion
 Long-term interest rate 4.42 3/2025 percent
 Tax revenue 23.60 2022 percent
 Commercial tax rate 47.40 2019 percent
 Tax preparation time 105 2019 hours
 Number of taxes 11 2019 taxes
 Taxes on goods and services 17.79 2022 percent
 Taxes on international trade 2.72 2022 percent
 Income and profits taxes 67.86 2022 percent
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