Government Spending in Australia increased to 96125 AUD Million in the first quarter of 2020 from 94471 AUD Million in the fourth quarter of 2019.
Government Spending in Australia averaged 41002.79 AUD Million from 1959 until 2020, reaching an all time high of 96125 AUD Million in the first quarter of 2020 and a record low of 9505 AUD Million in the second quarter of 1960. This page provides - Australia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Government Spending - values, historical data and charts - was last updated on August of 2020. source: Australian Bureau of Statistics
Government Spending in Australia is expected to be 90821.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Australia to stand at 97375.00 in 12 months time. In the long-term, the Australia Government Spending is projected to trend around 91094.00 AUD Million in 2021 and 93371.00 AUD Million in 2022, according to our econometric models.