Australia Government Budget: Revenues and Spending
Australia Government Budget Data
| Indicator | Data | Period |
|---|---|---|
| Government Budget Value | 12029 AUD Million | 8.509 B USD | Dec/22 |
| Government Spending | 125332 AUD Million | 88.66 B USD | 3Q/22 |
| Government Revenues | 51093 AUD Million | 36.143 B USD | Dec/22 |
| Government Budget to GDP | -1.5 % | 2022 |
Latest data on Government Budget Value (AUD Million)
How much is Australia Government Budget?
- The surplus of government budget in Australia increased to 12029 AUD Million (8.509 B USD) in December 2022. The maximum surplus was 14307 AUD Million and deficit was -36988 AUD Million.
- Data published Monthly by Reserve Bank.
Historical Data (AUD Million) by years
Data
Period
Date
| 12029 | Dec/22 | 27.01.2023 |
| 11805 | Nov/22 | 24.12.2022 |
| 2604 | Oct/22 | 30.11.2022 |
| -5672 | Sep/22 | 29.10.2022 |
| -9792 | Jun/22 | 08.10.2022 |
| 16234 | May/22 | 25.06.2022 |
| 2536 | Apr/22 | 04.06.2022 |
| -1806 | Mar/22 | 30.04.2022 |
Historical Chart by prime ministers (AUD Million)
Government Budget Value in Australia by prime ministers
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Malcolm Turnbull | 15.09.2015 - 24.08.2018 | 6165.0000 | 8787.0000 | 9392.0000 | -9979.0000 | 42.53% |
Latest data on Government Spending (AUD Million)
What is current Australia Government Spending?
- Government Spending in Australia increased to 125332 AUD Million (88.66 B USD) in the third quarter of 2022. The maximum volume was 104697 AUD Million and minimum was 9725 AUD Million
- Data published Quarterly by Bureau of Statistics.
Historical Data (AUD Million) by years
Data
Period
Date
| 125332 | 3Q/22 | 10.12.2022 |
| 118002 | 2Q/22 | 10.09.2022 |
| 118314 | 1Q/22 | 04.06.2022 |
| 114956 | 4Q/21 | 05.03.2022 |
| 114778 | 3Q/21 | 18.01.2022 |
| 105543 | 2Q/21 | 04.09.2021 |
| 104151 | 1Q/21 | 02.06.2021 |
| 104618 | 4Q/20 | 03.03.2021 |
Historical Chart by prime ministers (AUD Million)
Government Spending in Australia by prime ministers
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Malcolm Turnbull | 15.09.2015 - 24.08.2018 | 78644.0000 | 84615.0000 | 84615.0000 | 78644.0000 | 7.59% |
Latest data on Government Revenues (AUD Million)
How much is Australia Government Revenue?
- Government Revenues in Australia decreased to 51093 AUD Million (36.143 B USD) in December 2022. The maximum volume was 55260 AUD Million and minimum was 510 AUD Million
- Data published Monthly by Reserve Bank.
Historical Data (AUD Million) by years
Data
Period
Date
| 51093 | Dec/22 | 27.01.2023 |
| 62436 | Nov/22 | 24.12.2022 |
| 54809 | Oct/22 | 30.11.2022 |
| 40850 | Sep/22 | 29.10.2022 |
| 54237 | Jun/22 | 08.10.2022 |
| 65965 | May/22 | 25.06.2022 |
| 53097 | Apr/22 | 04.06.2022 |
| 49073 | Mar/22 | 30.04.2022 |
Historical Chart by prime ministers (AUD Million)
Government Revenues in Australia by prime ministers
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Malcolm Turnbull | 15.09.2015 - 24.08.2018 | 44274.0000 | 44274.0000 | 44274.0000 | 44274.0000 | 0.00% |
Latest data on Government Budget to GDP (%)
What is the deficit of Australia Government Budget?
- The deficit of Current Account to GDP in Australia increased to 1.5 % in 2022. The maximum surplus was 2.2 % and deficit was -4.3 %.
- Data published Yearly by Government, Adb.
Historical Data (%) by years
Data
Period
Date
| -1.5 | 2022 | 16.01.2023 |
| -7.8 | 2021 | 31.03.2022 |
| -4.3 | 2020 | 17.02.2021 |
| -0.2 | 2019 | 17.04.2020 |
| -0.6 | 2018 | 04.07.2019 |
Historical Chart by prime ministers (%)
Government Budget to GDP in Australia by prime ministers
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other budget indicators in Australia
| Index | Updated | Actual | Previous |
| Government Debt to GDP | 2018 | 40.7 % | 41.9 |
| Fiscal Expenditure | Dec/22 | 39.105 B USD | 35.817 |
| Military Expenditure | 2021 | 31.754 B USD | 27.301 |
Government Budget to GDP in other countries
| Country | Updated | Actual | Previous |
| Australia | 2022 | -1.5 % | -6.6 |
| New Zealand | 2022 | -2.7 % | -1.3 |
| Papua New Guinea | 2021 | -6 % | -8.1 |
| Fiji | 2021 | -11.5 % | -6 |
