Australia’s government spending to GDP is estimated at 26.6% of GDP in the 2025-26 fiscal year, according to the 2026-27 Budget data. Government Spending to GDP in Australia averaged 24.48 percent of GDP from 1970 until 2025, reaching an all time high of 31.30 percent of GDP in 2020 and a record low of 18.30 percent of GDP in 1970. source: Australian Government
Government Spending to GDP in Australia is expected to reach 26.80 percent of GDP by the end of 2026, 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 26.90 percent of GDP in 2027 and 26.50 percent of GDP in 2028, according to our econometric models.