Australia recorded a government budget surplus of 6809 AUD Million in May of 2021. source: Reserve Bank of Australia

Government Budget Value in Australia averaged -920.58 AUD Million from 1973 until 2021, reaching an all time high of 14307 AUD Million in April of 2007 and a record low of -36988 AUD Million in July of 2020. This page provides - Australia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Government Budget Value - values, historical data and charts - was last updated on September of 2021.

Government Budget Value in Australia is expected to be -11300.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Government Budget Value is projected to trend around -9000.00 AUD Million in 2022 and -8000.00 AUD Million in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Australia Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
6809.00 6957.00 14307.00 -36988.00 1973 - 2021 AUD Million Monthly
Current Prices, NSA

Australia Government Last Previous Highest Lowest Unit
Government Debt to GDP 24.80 19.20 24.80 -3.40 percent of GDP [+]
Government Budget -4.30 0.00 2.20 -4.30 percent of GDP [+]
Government Budget Value 6809.00 6957.00 14307.00 -36988.00 AUD Million [+]
Government Spending 105543.00 104151.00 105543.00 9725.00 AUD Million [+]
Government Revenues 55260.00 49578.00 55260.00 510.00 AUD Million [+]
Fiscal Expenditure 48451.00 42621.00 79545.00 790.00 AUD Million [+]
Credit Rating 100.00 [+]
Military Expenditure 27618.00 26079.00 27618.00 2793.00 USD Million [+]
Government Spending To GDP 27.70 24.50 27.70 18.30 percent of GDP [+]
Government Debt 583023.00 591679.00 619465.00 -50019.00 AUD Million [+]


Australia Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.