Australia Government Budget: Revenues and Spending
Australia Government Budget Data
| Indicator | Data | Period |
|---|---|---|
| Government Budget Value | 5216 AUD Million | 3.348 B USD | Aug/23 |
| Government Spending | 126613 AUD Million | 81.266 B USD | 2Q/23 |
| Government Revenues | 57042 AUD Million | 36.612 B USD | Aug/23 |
| Government Budget to GDP | -1.4 % | 2022 |
Latest data on Government Budget Value (AUD Million)
How much is Australia Government Budget?
- The deficit of government budget in Australia increased to 5216 AUD Million (3.348 B USD) in August 2023. 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
| 5216 | Aug/23 | 07.10.2023 |
| 23999 | May/23 | 14.07.2023 |
| 11369 | Apr/23 | 27.05.2023 |
| 3741 | Mar/23 | 29.04.2023 |
| 13895 | Feb/23 | 01.04.2023 |
| -12418 | Jan/23 | 25.02.2023 |
| 12029 | Dec/22 | 27.01.2023 |
| 11805 | Nov/22 | 24.12.2022 |
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 126613 AUD Million (81.266 B USD) in the second quarter of 2023. 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
| 126613 | 2Q/23 | 07.09.2023 |
| 126026 | 1Q/23 | 10.06.2023 |
| 125933 | 4Q/22 | 01.03.2023 |
| 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 |
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 increased to 57042 AUD Million (36.612 B USD) in August 2023. 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
| 57042 | Aug/23 | 07.10.2023 |
| 77415 | May/23 | 14.07.2023 |
| 60511 | Apr/23 | 27.05.2023 |
| 55011 | Mar/23 | 29.04.2023 |
| 61247 | Feb/23 | 01.04.2023 |
| 44404 | Jan/23 | 25.02.2023 |
| 51093 | Dec/22 | 27.01.2023 |
| 62436 | Nov/22 | 24.12.2022 |
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 1.4 % 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
| -1.4 | 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 | Aug/23 | 33.264 B USD | 37.732 |
| Military Expenditure | 2022 | 32.299 B USD | 32.718 |
Government Budget to GDP in other countries
| Country | Updated | Actual | Previous |
| Australia | 2022 | -1.4 % | -6.6 |
| New Zealand | 2022 | -2.7 % | -1.3 |
| Papua New Guinea | 2022 | -5.6 % | -8.5 |
| Fiji | 2022 | -12.2 % | -11.4 |
