Government Spending in Australia increased to 89290 AUD Million in the fourth quarter of 2018 from 87694 AUD Million in the third quarter of 2018. Government Spending in Australia averaged 39306.11 AUD Million from 1959 until 2018, reaching an all time high of 89290 AUD Million in the fourth quarter of 2018 and a record low of 9362 AUD Million in the second quarter of 1960.

Government Spending in Australia is expected to be 88170.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Australia to stand at 89233.00 in 12 months time. In the long-term, the Australia Government Spending is projected to trend around 93568.00 AUD Million in 2020, according to our econometric models.

Australia Government Spending
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Australia Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.90 41.00 41.90 9.70 percent [+]
Government Budget -1.90 -2.40 2.20 -4.20 percent of GDP [+]
Government Budget Value -8208.00 -292.00 14307.00 -23705.00 AUD Million [+]
Government Spending 89290.00 87694.00 89290.00 9362.00 AUD Million [+]
Government Revenues 34744.00 40511.00 49256.00 510.00 AUD Million [+]
Fiscal Expenditure 42952.00 40803.00 45954.00 790.00 AUD Million [+]
Military Expenditure 26102.32 26382.95 26382.95 2827.82 USD Million [+]
Credit Rating 97.44 [+]
Asylum Applications 1724.00 1731.00 5937.00 222.00 Persons [+]


Australia Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Australia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Government Spending - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
89290.00 87694.00 89290.00 9362.00 1959 - 2018 AUD Million Quarterly
Constant Prices 2015-2016, SA




Country Last Previous
Argentina 95670.00 Sep/18
Australia 89290.00 Dec/18
Brazil 106811.05 Jan/19
Canada 417805.00 Dec/18
China 220906.00 Dec/18
Euro Area 545.63 Dec/18
France 136541.00 Dec/18
Germany 143.97 Dec/18
India 3410.32 Dec/18
Indonesia 283404.39 Dec/18
Italy 78024.10 Dec/18
Japan 107892.20 Dec/18
Mexico 2120744.19 Sep/18
Netherlands 44795.00 Dec/18
Russia 3930.20 Sep/18
Saudi Arabia 156928.00 Sep/18
Singapore 10699.80 Dec/18
South Africa 643445.00 Dec/18
South Korea 62355.80 Dec/18
Spain 56676.00 Dec/18
Switzerland 19877.18 Dec/18
Turkey 69495065.30 Dec/18
United Kingdom 92768.00 Dec/18
United States 3195.33 Dec/18


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