Australia Government Budget  Forecast 2016-2020

Government Budget in Australia is expected to be -2.20 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Government Budget is projected to trend around -0.30 percent of GDP in 2020, according to our econometric models.

Australia Government Budget
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Australia Government Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Government Debt to GDP 41.1 42.86 43.62 43.99 44.36 45.91
Government Budget -2.4 -2.2 -2.2 -1.4 -1.4 -0.3
Government Budget Value 6165 -5457 -3446 -2735 -2261 -1844
Government Spending 78644 79508 79955 80411 80852 85274
Government Revenues 43640 40324 43286 40906 43651 43890
Fiscal Expenditure 37475 36804 36634 36677 36689 36685
Credit Rating 97.44
Military Expenditure 24371 24008 23621 23476 23332 24442
Asylum Applications 1519 1673 1673 1673 1673 1673
Government Spending To Gdp 36 34.76 34.85 34.82 34.78 34.29