Government Spending in Australia increased to 90142 AUD Million in the first quarter of 2019 from 89394 AUD Million in the fourth quarter of 2018. Government Spending in Australia averaged 39518.28 AUD Million from 1959 until 2019, reaching an all time high of 90142 AUD Million in the first quarter of 2019 and a record low of 9362 AUD Million in the second quarter of 1960.

Government Spending in Australia is expected to be 87779.00 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 91433.00 in 12 months time. In the long-term, the Australia Government Spending is projected to trend around 95781.00 AUD Million in 2020, according to our econometric models.

Australia Government Spending
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Australia Government Last Previous Highest Lowest Unit
Government Debt to GDP 40.70 40.70 40.70 9.70 percent [+]
Government Budget -0.60 -1.90 2.20 -4.20 percent of GDP [+]
Government Budget Value 7020.00 -1569.00 14307.00 -23705.00 AUD Million [+]
Government Spending 90142.00 89394.00 90142.00 9362.00 AUD Million [+]
Government Revenues 46453.00 37332.00 49256.00 510.00 AUD Million [+]
Fiscal Expenditure 39433.00 38902.00 45954.00 790.00 AUD Million [+]
Military Expenditure 26836.00 27691.00 27741.00 2974.00 USD Million [+]
Credit Rating 97.44 [+]
Asylum Applications 1724.00 1731.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
90142.00 89394.00 90142.00 9362.00 1959 - 2019 AUD Million Quarterly
Constant Prices 2016-2017, SA




Country Last Previous
Argentina 90795.00 Mar/19
Australia 90142.00 Mar/19
Brazil 118159.12 Apr/19
Canada 422881.00 Mar/19
China 220906.00 Dec/18
Euro Area 546.04 Mar/19
France 136607.00 Mar/19
Germany 143.22 Mar/19
India 3686.66 Mar/19
Indonesia 153652.73 Mar/19
Italy 78566.20 Mar/19
Japan 107734.40 Mar/19
Mexico 2143950.00 Mar/19
Netherlands 45186.00 Mar/19
Russia 4067.40 Dec/18
Saudi Arabia 195776.00 Dec/18
Singapore 12422.70 Mar/19
South Africa 645563.00 Mar/19
South Korea 74118.60 Mar/19
Spain 56820.00 Mar/19
Switzerland 19991.24 Mar/19
Turkey 57997834.60 Mar/19
United Kingdom 94208.00 Mar/19
United States 3208.09 Mar/19


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