Fiscal Expenditure in Australia increased to 48808 AUD Million in March from 43684 AUD Million in February of 2021. source: Department of Finance and Administration, Australia

Fiscal Expenditure in Australia averaged 16179.19 AUD Million from 1973 until 2021, reaching an all time high of 79545 AUD Million in May of 2020 and a record low of 790 AUD Million in September of 1973. This page provides - Australia Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Fiscal Expenditure - values, historical data and charts - was last updated on May of 2021.

Fiscal Expenditure in Australia is expected to be 48000.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Australia to stand at 43000.00 in 12 months time. In the long-term, the Australia Fiscal Expenditure is projected to trend around 47000.00 AUD Million in 2022, according to our econometric models.

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Australia Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
48808.00 43684.00 79545.00 790.00 1973 - 2021 AUD Million Monthly
Current Prices, NSA

Australia Government Last Previous Highest Lowest Unit
Government Debt to GDP 24.80 19.20 24.80 -3.40 percent [+]
Government Budget -4.30 0.00 2.20 -4.30 percent of GDP [+]
Government Budget Value -1126.00 1746.00 14307.00 -36988.00 AUD Million [+]
Government Spending 104618.00 103792.00 104618.00 9725.00 AUD Million [+]
Government Revenues 47682.00 45430.00 53576.00 510.00 AUD Million [+]
Fiscal Expenditure 48808.00 43684.00 79545.00 790.00 AUD Million [+]
Credit Rating 100.00 [+]
Military Expenditure 27395.00 26840.00 27546.00 2953.00 USD Million [+]
Government Debt 583254.00 619465.00 619465.00 -50019.00 AUD Million [+]
Government Spending To GDP 27.70 24.50 27.70 18.30 percent [+]

Australia Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.