Australia: Government spending, in dollars

* indicates monthly or quarterly data series
 Australia

Government spending, billion USD

 Latest value 416.34
 Year 2025
 Measure billion U.S. dollars
 Data availability 1960 - 2025
 Average 110.17
 Min - Max 2.06 - 416.34
 Source The World Bank
 Available for Data download
The latest value from 2025 is 416.34 billion U.S. dollars, an increase from 389.11 billion U.S. dollars in 2024. In comparison, the world average is 81.86 billion U.S. dollars, based on data from 131 countries. Historically, the average for Australia from 1960 to 2025 is 110.17 billion U.S. dollars. The minimum value, 2.06 billion U.S. dollars, was reached in 1960 while the maximum of 416.34 billion U.S. dollars was recorded in 2025. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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 Recent values Australia: Government spending, in dollars
 2025 416.34
 2024 389.11
 2023 368.48
 2022 373.34
 2021 349.06
 2020 290.85
 2019 283.72
 2018 285.80




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. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 23.15 2025 percent
 Government spending, in dollars 416.34 2025 billion U.S. dollars
 Fiscal balance, percent of GDP -2.25 2024 percent
 Primary budget balance -1.37 2024 percent
 Government expenditure 167.17 Q1/2026 billion
 Long-term interest rate 5.00 8/2026 percent
 Tax revenue 23.56 2022 percent
 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
 Government debt 50.72 2024 percent
 Government debt in foreign currency, percent 0.00 2014 percent
 Government debt held by non-residents 32.21 2024 percent
 Sovereign debt average maturity 6.43 2024 percent
 Short-term government debt 3.97 2024 percent
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