Government Spending in Australia increased to 87057 AUD Million in the third quarter of 2018 from 86634 AUD Million in the second quarter of 2018. Government Spending in Australia averaged 39091.97 AUD Million from 1959 until 2018, reaching an all time high of 87057 AUD Million in the third quarter of 2018 and a record low of 9362 AUD Million in the second quarter of 1960.

Government Spending in Australia is expected to be 85840.00 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 87622.00 in 12 months time. In the long-term, the Australia Government Spending is projected to trend around 90098.00 AUD Million in 2020, according to our econometric models.

Australia Government Spending
Forecast Data Chart
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Australia Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.90 41.00 41.90 9.70 percent [+]
Government Budget -1.90 -2.40 2.20 -4.20 percent of GDP [+]
Government Budget Value -292.00 6068.00 14307.00 -23705.00 AUD Million [+]
Government Spending 87057.00 86634.00 87057.00 9362.00 AUD Million [+]
Government Revenues 40511.00 43889.00 49256.00 510.00 AUD Million [+]
Fiscal Expenditure 40803.00 37820.00 45954.00 790.00 AUD Million [+]
Military Expenditure 26102.32 26382.95 26382.95 2827.82 USD Million [+]
Credit Rating 97.44 [+]
Asylum Applications 2042.00 2450.00 5937.00 222.00 Persons [+]

Australia Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Australia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Government Spending - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
87057.00 86634.00 87057.00 9362.00 1959 - 2018 AUD Million Quarterly
Constant Prices 2015-2016, SA

Country Last Previous
Argentina 95670.00 Sep/18
Australia 87057.00 Sep/18
Brazil 148423.72 Dec/18
Canada 417220.00 Sep/18
China 203330.00 Dec/17
Euro Area 542.69 Sep/18
France 136541.00 Dec/18
Germany 142.29 Sep/18
India 4216.64 Sep/18
Indonesia 283404.39 Dec/18
Italy 78350.00 Sep/18
Japan 107931.50 Dec/18
Mexico 2120744.19 Sep/18
Netherlands 44795.00 Dec/18
Russia 3930.20 Sep/18
Saudi Arabia 156928.00 Sep/18
Singapore 10699.80 Dec/18
South Africa 643704.00 Sep/18
South Korea 62355.80 Dec/18
Spain 56676.00 Dec/18
Switzerland 19864.58 Sep/18
Turkey 58201812.20 Sep/18
United Kingdom 92768.00 Dec/18
United States 3192.01 Sep/18