Australia: Government expenditure
* indicates monthly or quarterly data series
The most recent value is 156.66 billion Australian Dollar as of Q2 2024, an increase compared to the previous value of 146.38 billion Australian Dollar. Historically, the average for Australia from Q1 1960 to Q2 2024 is 34.47 billion Australian Dollar. The minimum of 0.45 billion Australian Dollar was recorded in Q1 1960, while the maximum of 156.66 billion Australian Dollar was reached in Q2 2024.
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* indicates monthly or quarterly data series
- Measure: billion Australian Dollar
- Source: Australian Bureau of Statistics
| Recent values | Australia: Government expenditure, billion currency units |
|---|---|
| 2024 Q2 | 156.66 |
| 2024 Q1 | 146.38 |
| 2023 Q4 | 148.51 |
| 2023 Q3 | 142.46 |
| 2023 Q2 | 143.61 |
| 2023 Q1 | 133.9 |
| 2022 Q4 | 136.59 |
| 2022 Q3 | 131.96 |
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Definition: Total spending by all levels of government but excluding public enterprises.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 21.33 | 2023 | percent |
| Government spending, in dollars | 367.62 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | 0.40 | 2023 | percent |
| Government debt | 50.26 | 2022 | percent |
| Government expenditure | 156.66 | Q2/2024 | billion |
| Long-term interest rate | 3.98 | 8/2024 | 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 |