Fiscal Expenditure in Australia increased to 66962 AUD Million in September from 52651 AUD Million in April of 2020. source: Department of Finance and Administration, Australia

Fiscal Expenditure in Australia averaged 15742.53 AUD Million from 1973 until 2020, reaching an all time high of 79545 AUD Million in May of 2020 and a record low of 790 AUD Million in September of 1973. This page provides - Australia Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Fiscal Expenditure - values, historical data and charts - was last updated on November of 2020.

Fiscal Expenditure in Australia is expected to be 69100.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Australia to stand at 63300.00 in 12 months time. In the long-term, the Australia Fiscal Expenditure is projected to trend around 60000.00 AUD Million in 2021 and 39350.47 AUD Million in 2022, according to our econometric models.

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Australia Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
66962.00 52651.00 79545.00 790.00 1973 - 2020 AUD Million Monthly
Current Prices, NSA

Australia Government Last Previous Highest Lowest Unit
Government Debt to GDP 45.10 41.50 45.10 9.70 percent [+]
Government Budget -0.20 -0.50 2.20 -4.20 percent of GDP [+]
Government Budget Value -33613.00 -8420.00 14307.00 -36988.00 AUD Million [+]
Government Spending 99676.00 96125.00 99676.00 9505.00 AUD Million [+]
Government Revenues 33349.00 44231.00 53576.00 510.00 AUD Million [+]
Fiscal Expenditure 66962.00 52651.00 79545.00 790.00 AUD Million [+]
Credit Rating 100.00 [+]
Military Expenditure 26836.00 27691.00 27741.00 2974.00 USD Million [+]
Government Debt 463654.00 441251.00 463654.00 -50019.00 AUD Million [+]


Australia Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.