Australia Government Budget  1979-2017 | Data | Chart | Calendar

Australia recorded a Government Budget deficit equal to 2.40 percent of the country's Gross Domestic Product in 2016. Government Budget in Australia averaged -0.97 percent of GDP from 1979 until 2016, reaching an all time high of 2 percent of GDP in 2000 and a record low of -4.20 percent of GDP in 2010.

Australia Government Budget
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Australia Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.10 37.60 41.10 9.70 percent [+]
Government Budget -2.40 -2.40 2.00 -4.20 percent of GDP [+]
Government Budget Value 7831.00 -1122.00 14307.00 -23705.00 AUD Million [+]
Government Spending 78644.00 77855.00 78644.00 9161.00 AUD Million [+]
Government Revenues 41840.00 36128.00 44914.00 510.00 AUD Million [+]
Fiscal Expenditure 34009.00 37250.00 45954.00 790.00 AUD Million [+]
Credit Rating 97.44 [+]
Military Expenditure 24370.60 24040.30 24370.60 2822.20 USD Million [+]
Asylum Applications 1519.00 2021.00 2185.00 222.00 Persons [+]
Government Spending To Gdp 36.00 35.50 36.00 32.80 percent [+]


Australia Government Budget Notes

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Australia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Government Budget - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-2.40 -2.40 2.00 -4.20 1979 - 2016 percent of GDP Yearly



government budget by Country

Last
Australia -2.40 Dec/16
Brazil -8.90 Dec/16
Canada 0.10 Dec/15
China -3.80 Dec/16
Euro Area -1.50 Dec/16
France -3.40 Dec/16
Germany 0.80 Dec/16
India -3.50 Dec/16
Indonesia -2.46 Dec/16
Italy -2.40 Dec/16
Japan -4.50 Dec/16
Mexico -2.60 Dec/16
Netherlands 0.40 Dec/16
Russia -3.70 Dec/16
South Korea -3.00 Dec/15
Spain -4.50 Dec/16
Switzerland 0.20 Dec/16
Turkey -1.00 Dec/15
United Kingdom -3.00 Dec/16
United States -3.20 Dec/16