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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)

Government Budget Value
                     Australia - Historical Data (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)

Government Spending
                     Australia - Historical Data (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)

Government Revenues
                     Australia - Historical Data (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 (%)

Government Budget to GDP
                     Australia - Historical Data (%)

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