Australia: Government spending as percent of GDP, 1960 - 2020:
For that indicator, we provide data for Australia from 1960 to 2020. The average value for Australia during that period was 16.9 percent with a minimum of 11.19 percent in 1960 and a maximum of 20.86 percent in 2020.
The latest value from 2020 is 20.86 percent. For comparison, the world average in 2020 based on 150
countries is 17.14 percent.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
The government size of Australia and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.