Government spending in Australia was last recorded at 36.2 percent of GDP in 2015 .

Government Spending To Gdp in Australia averaged 34.71 percent from 1998 until 2015, reaching an all time high of 36.20 percent in 2015 and a record low of 32.90 percent in 2007. This page provides - Australia Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Government Spending To GDP - values, historical data and charts - was last updated on August of 2020.

Government Spending To GDP in Australia is expected to reach 36.20 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Government Spending To GDP is projected to trend around 36.20 percent in 2021, according to our econometric models.

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Australia Government Spending To GDP

Actual Previous Highest Lowest Dates Unit Frequency
36.20 36.00 36.20 32.90 1998 - 2015 percent Yearly

Australia Government Last Previous Highest Lowest Unit
Government Debt to GDP 45.10 41.50 45.10 9.70 percent [+]
Government Budget -0.20 -0.50 2.20 -4.20 percent of GDP [+]
Government Budget Value -35675.00 -8420.00 14307.00 -35675.00 AUD Million [+]
Government Spending 96125.00 94471.00 96125.00 9505.00 AUD Million [+]
Government Revenues 43870.00 44231.00 53576.00 510.00 AUD Million [+]
Fiscal Expenditure 79545.00 52651.00 79545.00 790.00 AUD Million [+]
Credit Rating 100.00 [+]
Military Expenditure 26836.00 27691.00 27741.00 2974.00 USD Million [+]
Government Debt 463654.00 441251.00 463654.00 -50019.00 AUD Million [+]